Crypto Mining CEO Said to Disappear With $35 Million In Funds

CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).The CoinDesk 20 Index closed yesterday at 2705.61, up 4.8% week-over-week, but still 2.7% below the index high of 2779.34 earlier this month. The gauge's year-to-date gain

Gold ETFs have seen heavy outflows since the ten spot bitcoin ETFs launched on Jan. 11.The bitcoin ETFs have seen huge inflows, with the two largest sporting nearly $10 billion in AUM just more than a month after opening.This doesn't necessarily mean money is leaving gold for bitcoin.While the new spot bitcoin ETFs have received

Hong Kong's regulator will conduct on-site inspections of crypto platforms offering trading services which have applied for a license.By June 1, 2024, all crypto platforms in Hong Kong must be either licensed or “deemed-to-be-licensed."Hong Kong's Securities and Futures Commission (SFC) will conduct on-site inspections of those crypto trading platforms interested in continuing to pursue their

Solana-based crypto staking project Jito released its JTO token on Thursday, continuing the march of popular token airdrops into the newly resurgent Solana ecosystem.The new asset opened for trading at a price of $1.20 and then began climbing toward $2 on various Solana-based decentralized exchanges. The debut price undercut futures traders' prelaunch estimates of around

news The Jamaica Stock Exchange (JSE) is soon to trial bitcoin and ether trades with help from Canadian fintech firm Blockstation. The two firms jointly announced Wednesday that they have entered into an agreement to enable live trading of digital assets including security tokens in a “regulated and secured” environment. The trial of bitcoin and…

24H Low$170.0424H High$174.61PriceMarket Stats24H Average Transaction Fee$0.032246About Bitcoin SVBitcoin Satoshi Vision (SV) is a cryptocurrency created in late 2018 by forking the Bitcoin Cash blockchain and adjusting the protocol with larger block sizes to reduce transaction fees. The name comes from its supporters belief that cheaper fees aligns with Satoshi Nakamoto’s vision for Bitcoin. Bitcoin…

Switzerland's Financial Market Supervisory Authority (FINMA) is giving tough guidance to banks wanting to trade in crypto assets. According to a report from Swissinfo.ch, FINMA has issued a confidential letter – seen by the news agency – to accountancy organization EXPERTsuisse, stating its stance on how financial institutions should weight crypto assets when calculating loss-absorbing capital…

Policymakers from the Group of Seven (G7) advanced nations agreed to collectively scan for early warning signs of developments that may reduce competition in digital markets, according to an announcement on Wednesday.The communiqué came after the group's Competition Authorities and Policymakers’ Summit in Hiroshima, Japan discussed concerns arising from digital markets. The U.S. Justice Department’s

Scroll initially began trading at $1.40 but has since dropped to around $1.10. Scroll confirmed that all co-founders and team members would not be receiving an airdrop in response to criticism last week. SCR has a market cap of $212 million and a fully diluted value of $1.1 billion. 21:33 Is Ethereum the 'Blackberry' of