Robinhood suspends 24-hour trades for 8 hours

Court documents that describe the insolvency of failed crypto hedge fund Three Arrows Capital, also known as 3AC, may be overestimating the value of the firm’s remaining assets — specifically, its exposure to crypto options exchange Deribit. In a 1,100-page affidavit composed by liquidator Russell Crumpler and filed in a British Virgin Islands court, 3AC was described…

The addition of the Coinbase co-founder to Fireblocks’ board followed a $30 million funding round. 2097 Total views 12 Total shares Digital asset security platform Fireblocks announced that it would be adding Fred Ehrsam to its board following a recent funding round.In a Nov. 18 statement, Fireblocks said that Ehrsam, co-founder of crypto exchange Coinbase,…

United Kingdom startup Acre Software raised about $6.5 million to apply blockchain technology to the mortgage and insurance application process for advisers, a press release published on April 4 states.Per the release, nearly three-quarters of UK mortgages are facilitated by advisers, and the company aims to help them retain their position by matching the speed…

Asia, which includes major economies such as China, Japan, Singapore and India, hosts 355 crypto machines, representing 1% of the total crypto ATMs installed worldwide. 1146 Total views 34 Total shares Own this piece of history Collect this article as an NFTAustralia, the country that hosts the third-largest network of Bitcoin (BTC) ATMs, surpassed the…

Ahead of the major GBTC unlocking event, it seems institutions and retail alike have cold feet about $34,000 Bitcoin. 2224 Total views 4 Total shares Institutions are holding their breath when it comes to buying more Bitcoin (BTC), even at $34,000.According to data covering BTC balances on major exchange Coinbase, little mass buying has occurred…

The Metaverse development plan requires various municipalities to track NFT technology trends and integrate metaverse into education and tourism. 368 Total views 13 Total shares The Beijing municipal government on Aug. 23 announced a two-year (2022-2024) metaverse innovation and development plan that would require all districts to adhere to the newly released Web3 innovation plan.The development…

Mt. Gox transfers 5,106 BTC to Bitstamp and an unknown address; 2869 BTC rapidly moved through multiple wallets.

Iranian authorities are planning to authorize cryptocurrency mining, as the governor of the Central Bank of Iran (CBI) declared, news agency PressTV reported on July 10.CBI governor Abdol Hemmati reportedly claimed that the Iranian government has approved some parts of an executive law that would authorize mining of cryptocurrencies such as Bitcoin (BTC) in Iran.…