Over 36% of Mt. Gox Bitcoin distributed to creditors, but whales keep accumulating
Bitcoin whales continue accumulating, despite the potential sell pressure from Mt. Gox creditors, which could see 99% of investors selling.
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Child’s play: Gajesh Naik, 13, manages a fortune in DeFi
At 13, it is hard to believe that anyone can understand the potential — and responsibility and danger — of holding private keys to half a million dollars while living life as a normal seventh-grader in India.What makes the case of Gajesh Naik, the 13-year-old decentralized finance (DeFi) wunderkind from Goa, so unique is that…
China will expand CBDC trials to most populous province: Report
PBoC deputy governor Fan Yifei said expanding e-CNY trials to the provinces of Guangdong, Jiangsu, Hebei and Sichuan would happen "at a proper time." 134 Total views 3 Total shares The People’s Bank of China, or PBoC, will reportedly expand deployment of its central bank digital currency, the e-CNY, to four of the country’s provinces,…
Ukrainian Ministry Plans to Track Crypto Transactions With Bitfury
The Ministry for Digital Transformation of Ukraine, a major government authority behind local crypto regulation, will be implementing Bitfury’s crypto analytics tool to track crypto transactions.As officially announced on July 23, the Ministry has signed an agreement with Birfury’s crypto compliance product known as Crystal.Bitfury’s Crystal to provide crypto analytics expertise to the Ukraininan governmentLaunched…
Invesco Ether ETF sets fees at 0.25% as competition among issuers heats up
The proliferation of proposed spot Ethereum ETFs could benefit spot investors as fund sponsors compete on management fees.
SEC wants Binance guilt admission added to own case
Binance said the SEC hasn’t demonstrated that the resolutions reached with the DOJ are pertinent to the regulator’s “faulty claims” against Binance Holdings and former CEO Changpeng Zhao. Binance Holdings and its former CEO, Changpeng Zhao, have reacted to a move by the United States Securities and Exchange Commission (SEC) to include Binance’s admission of
Major Korean crypto exchange seized after 99% trading volume allegedly faked
Police claim that wash trading and market manipulation by the owner and management team of the Coinbit exchange netted over 100 billion won. South Korea’s third-largest cryptocurrency exchange, Coinbit, has been seized by police following fraud allegations. According to an Aug. 26 report by the Seoul Shinmun, 99% of transaction volume on the exchange was…
Garlinghouse: Ripple would still thrive even if XRP were declared a security
The CEO thinks his company will be just fine, even in this hypothetical scenario. 817 Total views 5 Total shares Ripple CEO Brad Garlinghouse believes his company can still thrive under a hypothetical scenario where XRP is declared a security by U.S. lawmakers. Appearing on episode 439 of the Pomp Podcast, Garlinghouse talked about the implications…
FTX crypto exchange expands to Bahamas with new registration
Sam Bankman-Fried’s cryptocurrency exchange FTX plans to establish a “substantial presence” in The Bahamas. 239 Total views 10 Total shares FTX, one of the world’s largest cryptocurrency exchanges, continues expanding operations by inking major regulatory approval in The Bahamas.The Securities Commission of The Bahamas has registered FTX Digital Markets, the Bahamian subsidiary of the global…