Regulators Seek to Block 124 Foreign Crypto Exchanges Available in China

Bitcoin experienced profit-taking after a week of gains, dropping by up to 0.5% over 24 hours before recovering to stabilize just above $72,400. U.S. bitcoin ETFs saw significant inflows for a second day, with more than $893 million invested on Wednesday following $879 million on Tuesday. High ETF inflows indicate robust institutional interest in bitcoin

Cryptocurrency miner Argo Blockchain (ARB) has raised 5.7 million British pounds ($7.5 million) through the sale of new shares.The sale comprised a private placing that raised 5.134 million pounds and a public sale that raised 616,000 pounds, the London Stock Exchange-traded company said Wednesday. The funds will be used to reduce the company's outstanding debt.…

There's a new yield farm for those backing Ethereum 2.0.Jan 14, 2021 at 11:26 p.m. UTCLido Protocol Does Eth 2.0 Staking but With a DeFi TwistThere’s a decentralized autonomous organization (DAO) that lets ETH holders back Ethereum 2.0 without losing liquidity, and it wants to give its participants a vote.Until Feb. 12, ETH holders have…

news Fortis Escorts, a private hospital in the Indian city of Jaipur, has released details about the death of Gerald Cotten, CEO of Canadian cryptocurrency exchange QuadrigaCX. In a statement shared with CoinDesk on Thursday, Fortis Escorts said that Cotten was admitted to the hospital on Dec. 8, 2018 at 9:45 p.m. IST (16:15 UTC) and…

Jan 7, 2021 at 8:20 p.m. UTCFinland border. (Shutterstock/Underworld)Finland Pushes to Sell Tainted Trove of Bitcoins Worth Tens of MillionsFinland’s customs agency is preparing to cash in on a stash of drug-linked bitcoins that’s now worth tens of millions of dollars. Putting a price on the customs agency’s 1,981 bitcoin appeared foolish at press time…

Oct 17, 2020 at 12:09 UTCUpdated Oct 17, 2020 at 12:22 UTCCME Trading Floor (Joseph Sohm/Shutterstock)Institutions Take Record Bullish Bets in Bitcoin Futures, Shrugging Off Exchange MisstepsInstitutions recently raised their bullish bets in bitcoin (BTC) futures listed on the Chicago Mercantile Exchange (CME) to the record level set last month amid signs of market maturity.In…

Spot bitcoin exchange-traded funds will soon hold over one million BTC. The funds recorded one of their biggest week of inflows last week, taking in over $2.1 billion in just five days. BlackRock's iShares Bitcoin Trust (IBIT) could soon cross the 400,000 bitcoin mark. 01:54 BlackRock Buys More MicroStrategy Shares; Citi Debanked Ripple's Brad Garlinghouse

The much-awaited layer 2 blockchain Shibarium is expected to go live after a Toronto conference in August, developer Shytoshi Kusama said in a Thursday blog.Layer 2 refers to a set of off-chain systems (separate blockchains) built on top of layer 1 protocols that reduce bottlenecks with scaling and data. These bundle multiple off-chain transactions into…

Price volatility following a series of fake tweets from the U.S. Securities and Exchange Commission (SEC)’s X account caused nearly $90 million worth of bitcoin (BTC) long and short positions to be liquidated, showcasing manipulation risks associated with the industry.Hackers caught hold of SEC’s X account on Tuesday, using it to post a nod for