Arnold Potts 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 …
Bitcoin experienced a surge in its price on Tuesday morning after reports from The Block indicated that asset management giant Fidelity was preparing to file for a spot bitcoin exchange-traded fund (ETF). The news caused the price of bitcoin to rise from …
Cryptocurrency exchange Bitfinex has expanded its services in Latin America by launching a peer-to-peer (P2P) trading platform in Argentina, Colombia, and Venezuela. The announcement was made by the company on Tuesday, showcasing its commitment to providing convenient and accessible crypto trading options …
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 …
Former Twitter CEO Jack Dorsey, who now heads Bitcoin-focused financial services firm Block, is stepping up his efforts to understand why Apple, the computer and smartphone giant, does not offer support for bitcoin on its mobile payment service, Apple Pay. The issue …
The Volatility Shares 2x Bitcoin Strategy exchange-traded-fund (BITX), the first leveraged crypto ETF in the U.S., has made a strong debut, with about $4.2 million worth of trading volume since it went live. The impressive start has generated significant interest in the …
FTX founder, Sam Bankman-Fried, has been denied his pretrial motions to dismiss criminal charges against him by the federal judge overseeing his case. Judge Lewis Kaplan of the U.S. District Court for the Southern District of New York denied Bankman-Fried’s motions, stating …
Cryptocurrencies Cardano (ADA) and Solana (SOL) experienced significant declines on Tuesday, just before trading app Robinhood prepared to delist them. This move came in light of Robinhood’s announcement on June 9, stating that support for ADA, SOL, and MATIC would be terminated …