London’s position as a leading global financial center makes it a natural fit for the growing cryptocurrency industry. Despite its traditional finance infrastructure, the city has embraced cryptocurrencies and positioned itself as a hub for digital assets and blockchain technology. One of …
is not necessarily the first place that comes to mind. However, Zug still holds a significant place in the crypto world, particularly as the birthplace of Ethereum. Despite its small population, Zug has excelled in all the criteria of the Crypto Hubs …
In a shocking turn of events, the developers behind Arbitrum-based Chibi Finance have been accused of stealing over $1 million worth of various tokens shortly after the protocol went live earlier on Tuesday. The stolen funds were swiftly laundered to other networks, …
Bitcoin (BTC) has seen a significant surge in the first half of 2023, outperforming traditional risk assets by a wide margin. Despite this impressive performance, technical analysis research provider Fairlead Strategies maintains a long-term neutral stance on the world’s largest cryptocurrency by …
Web3 gaming studio Mythical Games has raised $37 million in funding as part of a Series C extension round. The round was led by digital asset manager Scytale Digital, with participation from notable investors including ARK Invest, Andreessen Horowitz, and Animoca Brands. …
CoinDesk, a leading cryptocurrency news platform, recently released its list of global crypto hubs, but there were two notable omissions: Tokyo and Hong Kong. This is surprising considering that both cities have been openly embracing cryptocurrencies while other jurisdictions, notably the United …
As CoinDesk releases its comprehensive list of global crypto hubs, it is noticeable that Tokyo and Hong Kong are absent from the rankings. This is particularly striking since both cities have been openly welcoming cryptocurrencies, especially in contrast to jurisdictions such as …
As CoinDesk releases its compilation of global crypto hubs, there are two notable absences: Tokyo and Hong Kong. Despite the United States sending a less welcoming message to the crypto industry, Tokyo and Hong Kong have been openly embracing cryptocurrencies. However, these …
had knowledge of and actively participated in the embezzlement of customer funds. This contradicts previous statements made by FTX executives, including CEO Sam Bankman-Fried, who downplayed any knowledge of missing funds. The report also delves into the specific financial flows of FTX …
Three Arrows Capital (3AC), a bankrupt crypto hedge fund, is facing legal action as its liquidators seek $1.3 billion from the fund’s founders. The liquidators, who are partners at consulting firm Teneo, claim that the founders took on additional debt in the …