Crypto bankruptcies net law firms $751M in fees
Four law firms collectively earned $484 million from their work on the crypto bankruptcies, representing 64% of all fees requested and received in these cases.
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France mulls fast-tracking registered crypto firms to new EU rules
France's financial regulator is weighing up “fast track” options for registered firms so they can be compliant with MiCA rules as soon as possible. 139 Total views 2 Total shares Own this piece of history Collect this article as an NFTA “fast track” option for licensed crypto firms in France to get regulated under the…
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Bitcoin’s Potential to Benefit the African-American Community
The issue of race when it comes to cryptocurrency is a sensitive one, and not without reason. The African-American community is largely born at an economic disadvantage, with a legacy financial system fueled by unethical practices like redlining, among many others. However, cryptocurrencies may give them the opportunity to eventually level the playing field.Jack Dorsey,…
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Ethereum’s new all-time high prepares ETH for ‘continuation to $5,000’
Analysts say multiple factors point toward ETH rallying to $5,000 and BTC is not expected to encounter significant resistance until $85,000. 1663 Total views 23 Total shares The cryptocurrency market is in high spirits on Oct. 29 after bulls managed to lift the price of Bitcoin (BTC) back near the $63,000 support zone and Ether…
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Cathie Wood’s ARK dumps 237K Coinbase shares at $140 per stock
ARK Invest, one of the firms hoping to launch a spot Bitcoin exchange-traded fund (ETF) next year, is continuing to rake in the profits made from its large stash of Coinbase (COIN) stock.On Dec. 5, ARK dumped as many as 237,572 Coinbase shares from its three funds, according to a trade notification seen by Cointelegraph.
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FTX US to invest in IEX stock exchange to launch digital securities
FTX US expects to finalize investment in the Investors Exchange in May 2022, subject to customary closing conditions and regulatory approval. 535 Total views 21 Total shares Sam Bankman-Fried’s cryptocurrency exchange FTX continues aggressively investing in traditional finance, with the United States-based affiliate FTX US investing in Investors Exchange (IEX), a U.S. national stock exchange.FTX…
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PayPal applies for NFT marketplace patent for on- or off-chain asset trading
PayPal’s proposed NFT purchase and transfer system would handle fractionalization, DAOs and royalties through a third-party provider. 686 Total views 2 Total shares PayPal made major progress toward creating its own blockchain ecosystem by filing a patent application for a nonfungible token (NFT) purchase and transfer system. The application, filed in March and published Sept.
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Insider trading claims over MAGA token sell-off debunked as MEV bot activity
An insider sold MAGA tokens worth over $1 million, sparking debate over market manipulation and revealing potential MEV bot activity.
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Two more spot crypto ETFs launch on Australian markets
Both of the new Australian exchange-traded funds by 3iQ Digital Asset Management will feed from its existing Bitcoin and Ethereum ETFs listed on the Toronto Stock Exchange. 727 Total views 7 Total shares A further two cryptocurrency-backed exchange-traded funds (ETF) have launched on the Cboe Australia exchange on Monday, bringing the total amount of crypto ETFs available…