Crypto Bulls Fighting Back? Market Sees Green After Sell-Off

The estate of bankrupt crypto firm FTX has sued exchange platform Bybit to try and recover a total of $953 million transferred to the latter's investment arm, court filings from Friday show.Efforts so far to claw back what it says were "misappropriated funds" have included suing former FTX executives and even the parents of founder

Losses from crypto investment scams in the U.S. totaled $3.94 billion in 2023, an increase of 53% compared to $2.57 billion in 2022, a new report by the Federal Bureau of Investigation (FBI) has said.The overall investment frauds grew by 38% to $4.57 billion from $3.31 billion, according to the bureau's Internet Crime Report 2023.

BCB Group was the subject of a now-closed investigation by the FCA, according to sources. The company's chief compliance officer recently resigned from the business and will join crypto exchange Kraken in November. 14:55 Boomers Hold Tight, While Gen Z Shakes It Up: How the U.S. Election is Shaping Portfolios 01:30 Bitcoin Flat Near $60K

NEWS Oct 12, 2018 at 20:15 UTC Web 3.0 developer Blockstack has rolled out out a roadmap to decentralize its structure on Friday, announcing its plan to develop a number of entities that will collectively form a wider distributed community. Co-founders Ryan Shea and Muneeb Ali wrote in a blog post that the company wants…

This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices CoinDesk 20 Index: 1,925 −2.1% Bitcoin (BTC): $59,616 −1.9% Ether (ETH): $2,675 +0.5% S&P 500: 5,344.16 +0.5% Gold: $2,481 +2.0% Nikkei 225: 35,025

Dec 28, 2020 at 1:39 p.m. UTCUpdated Dec 28, 2020 at 2:08 p.m. UTCMarathon Patent Agrees to Buy 70K ASIC Miners From Bitmain for $170MNasdaq-listed Marathon Patent Group (MARA), one of the largest enterprise bitcoin mining companies in North America, said it’s entered into a contract with Bitmain to purchase 70,000 Antminer S-19 ASIC miners…

news The NEM Foundation is mapping out its survival plans in real time after obtaining a funding injection of roughly $8 million last month and laying off most of its staff. The request to release 210 million XEM (the native token of the NEM blockchain) from reserves was approved by key members of the community…

U.S.-listed bitcoin ETFs experienced outflows totaling over $226 million on Thursday, marking the third day of outflows this week.This trend echoes the stream of outflows that took place at the end of April.U.S.-listed bitcoin (BTC) exchange-traded funds (ETFs) posted over $226 million in net outflows on Thursday for a third day of outflows this week

news The regulated spot and futures crypto exchange Kraken announced a wire service through Etana Custody that will allow users to transact in U.S. dollars, euros, Canadian dollars, British pounds, and Japanese yen from anywhere in the world. Though the new feature is available immediately to Kraken’s Intermediate and Pro clients, across nearly 180 countries, it…