Hong Kong Bitcoin ETFs top $250M AUM
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.
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The United States Trustee handling FTX’s bankruptcy proceedings has referred to the now-defunct exchange as the "fastest big corporate failure in American history," and is calling for an independent probe to look into its downfall. In a Dec. 1 motion, U.S. Trustee Andrew Vara noted that over the course of eight days in November, debtors "suffered a…
4 on-chain metrics suggest Bitcoin price rally may not stop at $16,000
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Mr.Wonderful’s crypto allocation is now larger than his gold holdings
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YouTuber Sentenced to 50 Years for Kidnapping and Bitcoin Ransom
25-year-old Mexican YouTuber Germán Abraham Loera Acosta has been sentenced to 50 years in prison for masterminding a woman’s kidnapping in February 2018 in Chihuahua, Mexico.Acosta is one of six men convicted for the kidnapping. The group demanded $100,000 in Bitcoin (BTC) in exchange for the release of 33-year-old lawyer Tania Denisse.Jassiel Omar Molina Ceballos,…
Iceland cuts power to new Bitcoin miners
Starting December 7, no new requests for power from Bitcoin mining operations will be accepted from the country’s energy utility service. 102 Total views 19 Total shares National Iceland electrical company Landsvirkjun has cut the amount of power it will provide for some industries, including aluminium smelters and Bitcoin miners.A representative from the island’s power…
G20 moves forward with international crypto framework
Leaders of the 20 biggest economies in the world — collectively known as G20 — are pushing for a speedy implementation of a cross-border framework for crypto assets. According to local reports in New Delhi — where the group members are attending for a two-day summit — the framework will facilitate information exchange between countries beginning
Bhutan’s DHI and Bitdeer to raise $500M to develop sustainable mining operations
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