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Today in Crypto: SG-FORGE Reveals the EUR CoinVertible Stablecoin, Three Silvergate FTX-related Lawsuits Combined, Voyager Strikes Deal with US Government to Sell Assets to Binance.US
20.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: SG-FORGE Reveals the EUR CoinVertible Stablecoin, Three Silvergate FTX-related Lawsuits Combined, Voyager...
Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
20.4.2023
BlockFi was granted a 48-day extension by a New Jersey bankruptcy judge to submit an exit plan, exploring a potential sale of company assets and restructuring
Bitcoin Financial Services Provider Unchained Raises $60 Million Amid More Bullish Market Sentiment – Bull Market Starting?
20.4.2023
As the bullish sentiment slowly returns to the crypto markets, the Unchained platform announced its latest funding round, raising millions to expand its Bitcoin (BTC) financial services. ...
Read More: Bitcoin Financial Services Provider Unchained Raises $60 Million Amid More Bullish Market...
Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO's Genesis Validator Deposit Smart Contract Going Live on Thursday
19.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Intel Discontinues Bitcoin Mining Chips Production, a16z Crypto Teases a New Launch, LUKSO's Genesis...
SEC Deems DASH, ALGO, and OMG ‘Unregistered Securities’ in Bittrex Lawsuit
18.4.2023
According to the recent complaint by the U.S. Securities and Exchange Commission (SEC) against Bittrex, the securities regulator insists that a few crypto asset tokens were offered and sold as investment contracts and are securities. The news follows the SEC’s designation of several crypto...
New CoinShares Report: Crypto Investment Products See Positive Flows for 4 Weeks Straight – Bull Market Starting?
18.4.2023
Crypto-backed investment funds saw inflows again for the fourth consecutive week last week, with strong buying activity seen in bitcoin funds.
According to the latest fund flow data from crypto research firm CoinShares, the total inflows into crypto-backed funds reached $113.7 million for...
Today in Crypto: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection for Babel Finance
18.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection...
Crypto Lender Amber Group May Sell Japan Unit to Focus on Institutional Clients
18.4.2023
Crypto lender Amber Group is considering options for its Japan unit, including a potential sale, as part of its plan to focus more on institutional clients, managing partner Annabelle Huang told Bloomberg.
Japan is a "very high-quality market, but regulations are strict," Huang said, noting that...
Australian crypto scams increased by over 162% with nearly $150M lost
18.4.2023
While the total figures are “alarming,” crypto scams accounted for 7.1% of the total $2.08 billion stolen from Australians in 2022
Today in Crypto: Bhutan 'Cultivated a Secret Crypto Portfolio', Amber Group May Sell Its Japan Unit, Bank of Israel Mulling a Digital Shekel
17.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bhutan 'Cultivated a Secret Crypto Portfolio', Amber Group May Sell Its Japan Unit, Bank of Israel Mulling...
Bhutan’s sovereign investment arm quietly invests millions in crypto: Report
17.4.2023
Druk Holding and Investments CEO Ujjwal Deep Dahal said in a Forbes statement that the issue is confidential and the matter with BlockFi has already been settled
CoinDesk Indices Joins With Luno to Help South African Users Track Crypto Investment Bundles
17.4.2023
The partnership will see launch of Luno Large Cap Bundle, helping customers to easily manage and maintain different investment strategies
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
16.4.2023
Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8%...
The finest places to put your money in 2023: Mooky, Polkadot, & Huobi
15.4.2023
The advent of a new year ushers in fresh possibilities, and the rising popularity of cryptocurrencies is proof of that. If you’re considering putting money into the cryptocurrency market, this post is for you. In this article, we’ll introduce Polkadot (DOT), Huobi Token (HT), and...
Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
14.4.2023
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding
Today in Crypto: Hackers Steal $23M from Bitrue, Canon USA to Launch NFT Marketplace, HashKey Launches Wealth Management Platform, Ripple Reveals Liquidity Hub
14.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Hackers Steal $23M from Bitrue, Canon USA to Launch NFT Marketplace, HashKey Launches Wealth Management...
Stablecoins Cannot Function as Money Because They Have No ‘Assured Value’ — Bank of England Governor
14.4.2023
Andrew Bailey, the governor of the Bank of England, has asserted that stablecoins “will need to have the characteristics of, and be regulated as, inside money” before they function as money. Bailey also described crypto as a “highly speculative investment” with no intrinsic...
Onramp Launches First Spot Bitcoin Trust With Multi-Party Custody
14.4.2023
The company, based in Austin, Texas, says the new offering is the first bitcoin trust that takes advantage of Bitcoin’s multi-signature capability
Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US
14.4.2023
An investment banker formerly employed by Deutsche Bank has been charged with perpetrating a crypto-related fraud. The man from Brooklyn has been accused of misappropriating funds from victims whom he promised large returns on cryptocurrency investments in a Ponzi-like scheme. Ex-Deutsche Bank...
EOS Network lands $60M investment and partnership from DWF Labs
13.4.2023
DWF Labs invests over $60 million in a partnership with the EOS Network Foundation, providing a $45 million EOS token purchase agreement and a $15 million pledge for EOS-based projects to expedite growth and adoption