Robinhood suspends 24-hour trades for 8 hours
Robinhood’s 24-hour execution venue, Blue Ocean ATS, has its own risk controls to prevent stocks from trading more than 20%.
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Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan
Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin (BTC) payouts effectively slashed to about 30% of what they’re worth at current market rates. In an X post, Gemini Trust revealed it sent creditors an email on Dec. 13 outlining the proposed plan, which has now been put

Suspicious arrest of crypto scam reporter, Japan’s pro-crypto PM: Asia Express
Global outcry as Cambodia arrests crypto scam investigator, Japan’s new Prime Minister supports crypto, and more: Asia Express.

Lazarus is moving millions from $305M DMM Bitcoin hack: ZachXBT
Over $35 million in funds from a cryptocurrency exchange hack in May has reportedly been moved to the online marketplace “Huione Guarantee” this month.

China’s Hainan to boost NFT oversight as digital yuan trial ramps
Authorities from the Hainan province in southern China have vowed to increase oversight on the nonfungible token (NFT) sector to “promote the healthy development” of the sector and to stomp out fraud and other associated risks. In a separate announcement, the People’s Bank of China (PBoC) also announced that it is working on new features…

Bank of Russia to set up entities for crypto mining and cross-border settlement: Report
Russia's central bank plans to create new institutions to mine crypto assets and settle international payments. 257 Total views 13 Total shares Own this piece of history Collect this article as an NFTRussia is taking further steps to mitigate global sanctions in place since the invasion of Ukraine in 2022. According to local media reports,…

A life after crime: What happens to crypto seized in criminal investigations?
Earlier this year, during during the annual Queen’s Speech in the United Kingdom, Prince Charles informed the Parliament about two bills. One of them — the Economic Crime and Corporate Transparency Bill — would expand the government's powers to seize and recover crypto assets.Meanwhile, the United States Internal Revenue Service (IRS) seized more than $3…

China Ruling Bitcoin Is Property Again Is ‘Major Milestone,’ Says Investor
Bitcoin (BTC) has gained legal recognition by a second Chinese court in a further boost for the cryptocurrency in one of its harshest environments.A watershed for Bitcoin in ChinaAccording to investor Dovey Wan, who linked to local media coverage, the Hangzhou Internet Court formally described Bitcoin as virtual property on July 18. The second such court…

China Prepares for CBDC With Cryptography Law on Encryption Standards
On Jan. 1, China’s law governing cryptographic password management came into power. Essentially, the act aims to set standards for the application of cryptography and the management of passwords, and, therefore, ultimately reduces China’s cyber vulnerabilities on a nationwide scale. Some local media outlets rumor that the law is paving the way for the long-awaited release…