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Bhutan’s sovereign investment arm quietly invests millions in crypto: Report

The Kingdom of Bhutan’s sovereign investment arm, estimated to manage around $2.9 billion in assets, has placed millions of dollars in cryptocurrencies and was a customer of bankrupt crypto firms BlockFi and Celsius.Druk Holding and Investments (DHI), a commercial arm of the royal government of Bhutan, has grown a crypto

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US crypto exchange Bittrex faces potential action from SEC: Report

The United States-based cryptocurrency exchange Bittrex is reportedly facing potential action from the U.S. securities regulators despite preparing to shut down local operations.The enforcement division of the U.S. Securities and Exchange Commission (SEC) is inclined to recommend the agency sue Bittrex over alleged violations related to investor protection, The Wall

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Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils – Bitcoin News

Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts

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Musk Mulls AI Startup to Rival Chatgpt Maker Openai, Report – Technology Bitcoin News

Entrepreneur Elon Musk is preparing to launch a startup that will compete with Openai, the creator of Chatgpt, a media report unveiled. According to quoted knowledgeable sources, the owner of Twitter and Tesla is already assembling a team of developers and talking to investors. Elon Musk Reportedly Working to Establish Openai

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Crypto lender Amber Group considers selling Japan unit: Report

Amber Group, a Singapore-based crypto lender, is considering selling its Japanese unit as part of its plan to focus more on institutional business rather than retail business, Bloomberg reported. According to Annabelle Huang, Amber's managing partner, the firm is currently evaluating options for its Japan operation, including a potential sale. Currently,

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