FTX user sues hedge fund over bankruptcy profits

EToro, the major multi-asset brokerage, released a crypto market quarterly report for Q3 2020. The report, titled “What Moves the Prices of Cryptoassets,” delves into the main factors that cause cryptocurrencies to rise in value.The 15 “significant developments” that directly affect the value of a crypto asset include mergers, funding, halving, partnerships, staking and announcements.…

Lacoste launches NFTs and DAOAccessible luxury brand Lacoste has launched an NFT project named “Undw3” that includes a new decentralized autonomous organization (DAO) that will offer token holders voting power on certain products and business partnerships.There are 11,212 NFTs in total — in a nod to the firm's popular polo shirt L1212 — that were…

Eight former core developers from financial services company Morgan Stanley have launched Phemex, a new cryptocurrency derivatives trading platform, in Singapore.In a press release shared with Cointelegraph on Dec. 4, the former Morgan Stanley developers claim the platform is ten times faster than traditional crypto trading platforms, while offering 100x leverage to both retail and…

Bitcoin (BTC) is copying the prelude to its 2020 breakout to an “insane” extent, the co-founders of Glassnode have said.In a tweet on June 15, Yann Allemann and Jan Happel highlighted three BTC price metrics that are anything but bearish.Metrics echo Bitcoin’s “major reversals and rallies”BTC/USD reached local highs of $31,000 in April but, since…

Telegram’s built-in contact import feature was exploited to leak the personal data of millions of users onto the darknet. 2168 Total views 35 Total shares Telegram, a major privacy-focused messaging app, has suffered a data leak that exposed some personal data of its users on the darknet.A database containing the personal data of millions of…

The CBDC should enhance the country's potential for foreign trade with nations that lack U.S. dollar reserves. The Reserve Bank of India (RBI) is currently in dialogue with its counterparts from at least 18 other countries on the possibility of cross-border payments in the “digital rupee”. The report about RBI’s ambitious foreign trade plans for the…

As House Democrats grapple over the infrastructure bill, the Biden administration and Federal Reserve eye stablecoin regulation. 703 Total views 14 Total shares This week, United States lawmakers and regulators have stolen much of the spotlight once more. The cryptocurrency-related provisions of the infrastructure bill, a tiny grain of sand in the grand scheme of…

The crypto exchange reportedly cut the scope of sponsorship agreements inked with sports organizations including the Angel City Football Club, the 2022 FIFA World Cup and Twitch Rivals. 118 Total views 6 Total shares

United States’ biggest cryptocurrency exchange, Coinbase, is reportedly looking to launch a captive insurance company, industry news outlet Coindesk reports on July 10.Per the report, industry sources told the outlet that Coinbase is looking to launch its captive insurance company in partnership with insurance brokerage firm Aon. According to accountancy news outlet CPAJournal, “a captive insurance…