Crypto ownership isn’t rising with recent market growth, Fed survey claims
Crypto ownership has not significantly risen even with the bear market over, according to the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute.
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Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
BlockFi was granted a 48-day extension by a New Jersey bankruptcy judge to submit an exit plan, exploring a potential sale of company assets and restructuring.
Powers On… Why US officials ignore ethics and STOCK Act by trading stocks?
About two weeks ago, The Wall Street Journal ran an expose on the number of judges who held or traded the stock of companies over which they presided in legal proceedings. The article identifies 131 federal judges nationwide who did this during the period of 2010 to 2018. Of those 131 members of the judiciary,…
Guggenheim CIO under fire for the timing of his changing BTC sentiment
The CIO of Guggenheim is under fire on social media for expressing different views about Bitcoin, seemingly on either side of a big investment. 2231 Total views 13 Total shares Guggenheim CIO Scott Minerd’s apparent shift from bullish to bearish and back again on either side of an SEC filing pertaining to a half billion…
Evertas expands crypto insurance offerings to include mining and raises limits
Crypto insurance underwriter Evertas will increase coverage limits to $420 million per policy while adding additional mining coverage. 268 Total views 2 Total shares Evertas, an insurance company focused on digital assets, recently announced an increase in coverage limits and the addition of mining operations to its coverage portfolio.The insurer’s per-policy coverage limits on custodial…
OneOf raises $63M for new Green NFT platform for musicians
The soon-to-be-launched platform will feature NFTs from artists like Whitney Houston, Doja Cat, John Legend, TLC, H.E.R, Quincy Jones, Charlie Puth, Jacob Collier, G-Easy, AURORA, The Kid LAROI, Alesso and more. 632 Total views 1 Total shares Sustainable technology company OneOf has raised $63 million in seed funding to finance its new Green NFT platform…
Crypto exchange Binance seeks critical licenses in Philippines, CEO says
The exchange platform is looking to get virtual assets service provider and e-money issuer licenses from the Banko Sentral ng Pilipinas. 190 Total views 14 Total shares Changpeng Zhao, the CEO of crypto trading platform Binance, shared plans to acquire two licenses that are critical for the firm's operations within the Philippines.In a press briefing…
Vietnamese Web3 coalition Ninety Eight launches $25M ecosystem fund
The capital will be dedicated to supporting Web3 startups in Asia. 139 Total views 1 Total shares Vietnamese Web3 coalition Ninety Eight, creator of the Coin98 decentralized finance (DeFi) ecosystem, has launched a $25 million ecosystem fund dedicated to accelerating Web3 startups in Asia.According to the Nov. 7 announcement, the fund will provide financial and
Solana drops 5% on new FTX plan, quick rebound to wipe $125M shorts
If Solana recovers as quickly as it has in recent times approximately $125 million in short positions will be liquidated.