Digital Asset
GBTC Calls for Spot ETF Approval, Citing SEC Past Futures Greenlight
Grayscale calls for approval of spot Bitcoin ETFs in the U.S. Its legal team submitted a comment letter supporting the case to convert GBTC to spot ETF. The firm emphasized...
Regulatory Uncertainty Casts Shadows on Wall Street’s Crypto Journey
Digital-asset market grows to trillion-dollar value, intensifying Wall Street’s custody service competition. Nasdaq suspends crypto-asset custodian launch, citing regulatory uncertainty. Societe Generale obtains a license, while Schroders seeks a crypto...
Singapore Regulator Orders Exchanges To Keep Customer Assets In Trusts
MAS ordered Singapore-based crypto firms to keep customer assets in trust by the end of 2023. Reportedly, the government claimed that custodial independence is required for customer asset protection among...
Thai SEC Introduces New Rules for Digital Asset Providers
Thailand’s SEC introduces regulations prioritizing investor protection in digital asset services. Clear risk warnings are mandated for cryptocurrency traders, noting the potential loss of investment. Restrictions are imposed on deposit...
Korean Authorities Ban Travel for Haru Invest, Delio, B&S Holdings Execs
Seoul authorities impose travel restrictions on individuals associated with Haru Invest, Delio, and B&S Holdings. Haru Invest and Delio suspended withdrawals due to issues with service partner B&S Holdings. Concerned...
Bitcoin Cash Surges Nearly 80% in Response to EDX Markets Launch
Bitcoin Cash (BCH) gained nearly 80% in the last four days. The price of BCH rose from $109.73 on June 20 and rallied significantly to $199.00. According to Santiment, Bitcoin...
Rhodium Owes $26 Million to Riot Enterprises; Riot Files Lawsuit
Riot Platforms filed a lawsuit against Rhodium Enterprises claiming that the latter has failed to pay $26 million. Rhodium has been using Whinstone’s mining facilities since 2021 but didn’t pay...
Celebrate Mother’s Day by Educating Your Mom About Cryptocurrency
Imagine sitting at the dinner table and enjoying a delicious spread with your mom when she suddenly asks, “What’s this cryptocurrency thingamajig?” You’ve tried explaining it before, but the crypto...
Bill Morgan Calls Out Coinbase’s “Inconsistent” XRP Trading Halt
Bill Morgan says Coinbase’s position on the secondary sales of XRP is inconsistent. John E. Deaton questioned Coinbase’s treatment of XRP compared with other digital assets. According to Coinbase’s CLO,...
Bankrupt Voyager Unveils $1.3 Billion Recovery Plan for Creditors
Voyager Digital unveils its $1.33B recovery plan after filing for bankruptcy. The firm’s on-chain balance includes $141M in stablecoin and $28M in meme coin. Its leftover balance is expected from...
It’s Not A Question Of Ethics Or Fraud’: Greyscale CEO On Genesis
Founder of X 3, Andrew tweeted about the “unique level of cognitive dissonance” in YouTube channel ‘What Bitcoin Did’s” recently interview with Grayscale CEO Andrew Sonnenshein. “This is legal gaslighting,”...
Indonesia Launches National Digital Asset Exchange; Reports Say
The transcontinental country, the Republic of Indonesia, has reportedly proposed to launch a National Digital Asset Exchange to rehabilitate the crypto sector and confront the risks posed by the fallen...
Crypto Enthusiasts Rejoice: Robert Kiyosaki Says Dollar’s Demise is Imminent
Renowned author and businessman Robert Kiyosaki has recently made a bold statement, suggesting that the “fake” dollar is driving the decline of the American empire. Kiyosaki has allegedly been a...
Defiance Digital’s NFT-Focused ETF To Liquidate In February 2023
At the end of January, the first-ever NFT-focused ETF will come to an end as the long-running crypto downturn continues to hurt. According to a press release from the company,...
Maple Finance Reveals $100 Million USDC Liquidity Pool
Maple Finance, the popular decentralized finance lending protocol (DeFi), is looking to make a comeback in the lending market with the launch of a new liquidity pool of trade receivables....
Ukraine Deputy Prime Minister Wants to Receive Salary in CBDC
At the World Economic Forum, Mykhailo Fedorov, Ukraine’s deputy prime minister, told reporters that he hopes to be the first to receive payment in the country’s new central bank digital...
Community Disagrees With Jim Cramer’s Advice Against Crypto
Seeking the public’s opinion, a crypto analyst, called ‘Unusual Whales,’ highlighted the host of Mad Money, Jim Cramer, quote about the crypto industry. Unusual Whales asked if the crypto community...
U.S. Market Recession Imminent in H2 2023: Michael Burry
Famous American investor Michael Burry has predicted that the U.S. economy will go into recession by the second half of 2023. According to Burry, the inflation level has reached a...
BIS Allows Banks to Hold 2% Of Their Reserves in Cryptocurrencies
The Bank for International Settlements (BIS) has now allowed banks to now hold 2% of their reserves in cryptocurrencies as per its recently released Prudential Treatment of Crypto Asset exposure...
Three Arrows Capital Founders Refuse to Help With Asset Recovery
Liquidators’ attorney A Goldberg alleged that founders Kyle Davies and Su Zhu are more interested in re-establishing their reputation. Goldberg stated that investigators found that the founders used 3AC’s money...
Digital Assets Record $42M Inflow; Bitcoin Inflow Totals $19M
Digital asset investment products observed the most significant inflow in 14 weeks, adding up to $42 million. Bitcoin records a $19 million inflow, the largest since August 2022. Blockchain equities...
California Governor Vetoed Crypto Licensing & Regulation Bill
California governor, Gavin Newsom vetoed a crypto licensing and regulations bill on Friday. The bill will create a licensing regime for those looking to streamline crypto transactions. If the bill...
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