Huobi co-founder’s firm recovers 108% of deposits from FTX collapse

Investing in cryptocurrencies will always receive some skepticism from officials who started in traditional markets. Today in London, Andrew Bailey expressed this sentiment, arguing anyone putting money into Bitcoin should be prepared to lose the shirt off their back.Bailey gave his thoughts on the cryptocurrency to members of the U.K. Parliament at a Treasury Select…

Bitcoin (BTC) kept traders guessing with rangebound action on June 30 after a push beyond $37,000 resistance ended in rejection.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWyckoff stresses $32,300 supportData from Cointelegraph Markets Pro and TradingView showed a day of reversal for BTC/USD on Wednesday, the pair down 4.5% hitting $34,500.After accelerating upwards the day before, Bitcoin…

The United States Securities and Exchange Commission (SEC) has filed charges against XBT Corp. SARL on the same day that the Commodity Futures Trading Commission (CFTC) settles charges against the same company. SEC allegationsIn a press release on Oct. 31, the SEC alleged that the Switzerland-based securities dealer, XBT Corp. SARL, operating under the name First Global…

Gemini crypto exchange is streamlining fiat currency wire transfers for British clients. 2392 Total views 22 Total shares The Winklewoss twins' crypto exchange Gemini is continuing to consolidate its regulated services for clients in the United Kingdom.On Oct. 12, Gemini announced a partnership with BCB Group — a European crypto-focused payment processor that already works…

Opera's Crypto Browser will allow users to access Coin98's collection of multichain NFTs, DEXs, cross-chain bridges, asset swaps and the ability to stake and lend their crypto. 279 Total views 6 Total shares Opera Crypto Browser, a Web3-focused project for facilitating navigation across decentralized applications (DApps), games and metaverse platforms, has announced a partnership with…

Cryptocurrency exchanges are used by cryptocurrency holders to store their crypto assets or to trade cryptocurrencies. There are hundreds of exchanges available today, and it can be difficult for cryptocurrency holders to choose which exchange best suits their needs. In fact, most traders use more than one exchange — both to hedge risk and to…

Cryptocurrencies have seemingly taken a backseat due to a concerted focus on blockchain technology in Africa, but there is still a growing interest and demand for trading on the continent. This was one of the main takeaways from the Blockchain Africa conference held in Johannesburg in the middle of March 2020. The Blockchain Africa conference, which…

Sunday, Dec. 23 — all of the top 20 cryptocurrencies are seeing moderate gains, with Bitcoin’s (BTC) price going above $4,000 again, according to CoinMarketCap data.Market visualization from Coin360At press time, Bitcoin is up nearly four percent on the day, trading at $4,050. Looking at its weekly chart, the current price is lower than the…

Blockchain-focused research lab Cryptic Labs has appointed two Nobel Prize economics laureates to its board in order to expand its blockchain expertise, the company announced in a press release Monday, September 10.Cryptic Labs, which says its mission is “solving fundamental security problems to advance the growth of blockchain technology,” appointed Dr. Eric S. Maskin and…