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 …
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 …
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 …
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 …