Cryptocurrency Analysis and News Portal
On Thursday, DCG argued that Gemini’s fraud accusations over the Gemini Earn service should be tossed out, asserting that DCG had “virtually nothing to do with” the program. In a Friday post on X, the social-media service formerly known as Twitter, Cameron Winklevoss said, “This is a direct admission that
Read More
The move comes the same week that six other companies filed to launch ether futures ETFs. Source
Read More
Binance counts China as its largest market, followed by South Korea, Turkey, Vietnam, and the British Virgin Islands, according to documents reviewed by the Wall Street Journal. The Journal reports that despite the ban on crypto within China, teams from Binance regularly collaborate with Chinese law enforcement to detect potential
Read More
As many as six entities have filed applications with the U.S. Securities and Exchange (SEC) for Ethereum Futures exchange-traded funds (ETFs) as of filing time on August 2, 2023. Source
Read More
PLUS: Bitcoin dominance sagged in July, absent a compelling BTC catalyst, and as altcoins seemed to benefit from a partial Ripple court victory. Source
Read More
The legal tussle between bankrupt crypto exchange FTX and crypto lender Genesis seems to be coming to a resolution, a recent court filing reveals. According to the letter filed yesterday at the US bankruptcy court for the Southern District of New York, both firms – who happened to have filed
Read More
Gabriel Bankman-Fried, the brother of former FTX CEO Sam Bankman-Fried, had a plan to survive a global catastrophe using funds from the now-defunct cryptocurrency exchange.According to a July 20 filing with the United States Bankruptcy Court for the District of Delaware, Gabriel planned to purchase the island nation of Nauru
Read More
Messaging platform Telegram issued $270 million in bonds this week to fund its growth until "we reach the break-even point," CEO Pavel Durov announced Tuesday. The platform is not yet profitable and has rising expenses due to its "massive growth," Durov said. It’s onboarding 2.5 million new users a day
Read More
Zac Prince, the CEO of bankrupt cryptocurrency lending firm BlockFi, allegedly disregarded recommendations from the company’s risk management team over lending assets to Alameda Research. According to a July 14 filing with United States Bankruptcy Court for the District of New Jersey by the unsecured creditors' committee, BlockFi’s risk management team reported on
Read More
Australian-based crypto investment firm Monochrome Asset Management has updated its application to offer a spot Bitcoin (BTC) exchange-traded fund (ETF) on the Australian Securities Exchange (ASX) through its partner Vasco Trustees.The ETF — Monochrome Bitcoin ETF (IBTC) will be able to offer retail Australian investors direct exposure to Bitcoin (BTC)
Read More