Crypto.com, Standard Chartered partner for global fiat services
Crypto.com partners with Standard Chartered Bank to provide fiat currency services in over 90 countries, starting in the UAE.
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Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto Report
Crypto venture fund giant Andreessen Horowitz (a16z) has highlighted that development and demand on Ethereum is “unmatched” despite the network’s high transaction fees.The firm does warn, however, that its “popularity is also a double-edged sword” given Ethereum prioritizes decentralization over scaling, resulting in competing blockchains stealing market share with “promises of better performance and lower…

Financial Consulting Firm DeVere Launches Arbitrage Crypto Trading Solution
Major independent financial consulting company deVere Group has launched a suite of new Digital Asset Funds targeting “experienced investors,” according to a deVere press release published Nov. 1.According to the company’s website, deVere has more than $10 billion under “advice and administration.”DeVere founder and CEO Nigel Green has said the company’s move into crypto funds…

Is a retail frenzy causing the Bitcoin futures’ markets excessive leverage?
Bitcoin (BTC) has breached the $50,000 level on Feb. 16. But while failing to cleanly break the psychological barrier, it undoubtedly displayed the potential for even higher valuations.Meanwhile, futures and options indicators are misaligned, signaling excessive buyers' leverage, while options markets remain calm. After analyzing both markets, one might theorize what has caused this apparent…

Kronos Research hacker moves $3.7M to Tornado Cash after Ethereum price surge
The transfer occurred after Ether's price rose over 20% during the past day, boosted by a potential U-turn by the United States SEC.

Bitcoin mining stocks underwhelm in March, but brighter days could be around the corner
Bitcoin mining stocks had a dull performance in March, with small moves here and there that followed BTC's price movement. While it is encouraging to see that most stocks held onto their impressive January gains, Bitcoin's price action will be crucial for the short-to-medium-term performance of these stocks.Additionally, the expansion of the public Bitcoin mining…

Mainstream media challenge decision to protect FTX customers: Report
Legal representatives of the media outlets have reportedly argued that FTX is not entitled to a “novel and sweeping exception” just because its customers used cryptocurrency. 172 Total views 1 Total shares The four major media outlets advocating for the release of FTX customer names have opposed the decision to seal them. Meanwhile, a crypto…

EU watchdogs scrutinizing OKX over $100M in Bybit laundered funds: Report
Crypto exchange OKX has denied ongoing investigations by the European Union on its social media channels. 1633 Total views 1 Total shares European Union regulators are reportedly looking into a service offered by crypto exchange OKX that may have played a role in the laundering of $100 million in funds from the Bybit hack, according

SBF received $1 billion in personal loans from Alameda: FTX bankrupty filing
A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $1 billion in loans from FTX-related silo companies. 552 Total views 5 Total shares Former FTX CEO Sam Bankman-Fried received a $1 billion personal loan from one of four silo companies deeply involved in the collapse of the…