Regulation
Bankruptcy
FTX appeals to FDIC for return of funds from defunct Signature Bank
FTX is mounting a legal push to reclaim philanthropic funds that had been held in a Signature Bank account before its closure.
Regulation
Hong Kong financial regulators are prepared for spot crypto ETF applications
With updated policies, Hong Kong takes decisive steps to encourage spot crypto ETFs in the market.
Gaming
Major East Asian investors launch a $100 million Web3 fund in Dubai
The Asian titans would drive digital asset initiatives in the Middle East through their new venture.
Tokenization
Solana briefly surpassed BNB in market cap as SOL approaches $100
Amid rising interest in blockchain partnerships and DeFi, Solana's SOL token challenges the $100 barrier, briefly outperforming Binance's BNB.
Legal
Ripple CEO slams SEC chair for ‘stunning hypocrisy’
SEC Chair Gary Gensler claims there is widespread noncompliance in the crypto space.
Technology
Mastercard backs Fideum Group’s vision to merge crypto with traditional finance
Fideum aims to harness Mastercard's global network to accelerate digital asset integration into the financial industry.
Crypto
Arthur Hayes sees new arbitrage opportunities in SEC’s crypto ETF concerns
The BitMEX co-founder noted that the SEC's ETF cash creation model would mean new opportunities for traders.
Bankruptcy
FTX claim prices soar, but experts caution against unsustainable rally
FTX claims value has rallied despite the recent release of an "underwhelming" reorganization plan.
Bankruptcy
Three Arrows Capital founders hit with $1.14 billion asset freeze
Liquidators of the bankrupt hedge fund Teneo claims that the founders have been uncooperative in the bankruptcy process.
Crypto
Bitcoin, Solana price breakout triggers $180 million in liquidations
Most of the losses during the past day were borne by traders betting against price increase of the crypto market.
Regulation
China sets sights on web3 innovation with national framework for NFTs and dApps
China targets web3 integration and standards development, indicating a selective embrace of blockchain technology.
Wallets
Ledger pledges full compensation for victims of $600k ConnectKit exploit
The hardware wallet provider will also disable blind signing on its devices for EVM dApps by June 2024.
