Asian crypto stocks plunge as Bitcoin drops to three-week low

Decentralized finance platform bZX has frequently been in the spotlight this year, only not for the right reasons. Most DeFi platforms popular today, including bZX, began their journey around 2018, at the tail-end of the initial coin offering boom. In 2019, DeFi started gaining traction, though it was still a somewhat ignored sector of the…

Ether (ETH) rejected the $2,000 resistance on Aug. 14, but the solid 82.8% gain since the rising wedge formation started on July 13 certainly seems like a victory for bulls. Undoubtedly, the "ultrasound money" dream gets closer as the network expects the Merge transaction to a proof-of-stake (PoS) consensus network on Sept. 16. Ether price index…

Real estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin (BTC). The news was reported by New York real estate magazine The Real Deal on Nov. 1.Shaoul — who is president of the Magnum Real Estate Group — sold the 11,400-square-foot property to a…

Despite their best efforts, bankruptcy trustees have only managed to recover a fraction of the $160 million ($215 million Canadian) owed to creditors. According to a May 8 post by Miller Thomson, the law firm representing users of the defunct cryptocurrency exchange QuadrigaCX, interim distribution of funds tied to bankruptcy proceedings will be scheduled "in…

The firm manages more than $14.7 billion in digital assets through its OTC investment vehicles. 785 Total views 4 Total shares Own this piece of crypto history Collect this article as NFTAccording to statistics sourced from data aggregator YCharts, seven digital currency funds issued by asset manager Grayscale Investments are currently at a discount of…

FTX's legal counsel requested insurers to advance or reimburse Bankman-Fried's defense costs and fees under the company's directors and officers (D&O) insurance. 1005 Total views 24 Total shares Own this piece of history Collect this article as an NFTSam Bankman-Fried is seeking to use FTX's insurance policies to cover his legal expenses, according to a…

The government of the Australian state of New South Wales (NSW) is set to complete a proof-of-concept (PoC) for a blockchain-based land registry system by summer 2019, ZDNet reported October 15.The new PoC is expected to be completed by the NSW Land Registry Services – together with Stockholm-based blockchain startup ChromaWay – by early 2019.…

FLOW prices slipped on Thursday as traders unwind their bullish bets from the lately bullish digital assets.The FLOW/USDT exchange rate lost up to 15.22% New York morning, a sharp reversal from Wednesday when the pair closed at a one-month high of $16.99 following a 43.87% rally. However, it continued its upside momentum in the early…

A night of losses pressures bulls as liquidations mount up and $46,000 support looms large. 5537 Total views 25 Total shares Bitcoin (BTC) dropped to its lowest in two weeks on March 23 amid fears that bulls were running out of appetite to buy.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price bounces at $53,000Data from…