Judge sets Oct 2025 trial for brothers allegedly behind $25M exploit
Shortly after their arrest in May, Anton and James Peraire-Bueno were released on $250,000 bonds until the conclusion of their criminal case.
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Is Technical Trading in Cryptocurrency Markets Profitable?
In two recent studies, I investigated the technical trading rules in the cryptocurrency market and profitability of technical trading rules among cryptocurrencies with a privacy function.In our first study, we collected daily price data on eleven cryptocurrencies for the period Jan. 1, 2016 to Dec. 31, 2018. Our sample consisted of cryptocurrencies exhibiting the highest market…
The Token Taxonomy Act of 2021: Preemption of inconsistent state laws
In these hyper-partisan times, any bill that includes sponsors from both sides of the aisle is noteworthy. There is one pending now that is particularly important in the crypto space. On March 8, 2021, H.R. 1628, the Token Taxonomy Act of 2021, was introduced by representative Warren Davidson. It was co-sponsored by representatives Ted Budd,…
Hermès asks court to halt sales of MetaBirkin NFTs following recent jury decision
The court filing from Hermès on Friday stated that Rothschild had continued to promote his NFTs even after a nine-member jury found Rothschild liable for trademark infringement, trademark dilution, and “cybersquatting.” 439 Total views 12 Total shares Own this piece of history Collect this article as an NFTHermès International, the French luxury fashion house, has…
3AC allegedly liable for $2.8B in creditor claims
The amount is likely understated as many of 3AC's borrowing details remain confidential. 155 Total views 2 Total shares According to Twitter user @DrSoldmanGachs, a self-proclaimed creditor of troubled Singaporean crypto hedge fund Three Arrows Capital (3AC), the now-defunct entity allegedly owes $2.8 billion in claims, as discovered through a recent 3AC creditors meeting. In…
KB Bank to launch South Korea’s first crypto investment fund
The investment fund will be the first offered by a bank in the country and is expected to include a type of crypto index and ETFs. 392 Total views 27 Total shares Kookmin Bank is preparing to become the first bank in South Korea to offer crypto investment products to retail investors. KB announced on Feb. 21…
Mystery shoppers reveal that banks are struggling with COVID-19 response
Despite the COVID-19 pandemic, banks are reluctant to suggest alternative channels to their customers, says report. A recent study examined the response of the 15 leading North American banks to the COVID-19 pandemic. Researchers discovered that tellers only at three banks wore masks 100% of the time. Participants visited 700 bank branches across the continent belonging to…
Popular Bitcoin ETP set to debut in UK
BTCE will begin trading on the Aquis Exchange in London and Paris next week. The product debuted on Germany’s Xetra digital stock exchange last June. 4827 Total views 6 Total shares Cryptocurrency investment manager ETC Group is expanding its Bitcoin (BTC) exchange-traded product offering in the United Kingdom after harnessing Swiss market rules to bypass…
Inflation got you down? 5 ways to accumulate crypto with little to no cost
Experienced crypto traders know that bull markets are for selling and bear markets are for accumulation, but the latter can be difficult amid a backdrop of surging inflation that saps the purchasing power of fiat currencies. As the crypto market heads deeper into crypto winter, with prices in the gutter and developers focused on creating the…