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Crypto News

Fast coverage of the stories moving crypto markets.

FTX restructurers allege SBF, other execs knowingly commingled, misappropriated customer funds since inception

FTX's founding leadership team regularly misappropriated customer funds for high-risk trades and personal luxury expenses, according to bankruptcy filings.

3 years ago

Politics

Democrat lawmaker requests SEC, Treasury feedback over Republican-led crypto bill

Congresswoman Maxine Waters issued the letters addressed to Treasury Secretary Janet Yellen and SEC chair Gary Gensler on June 26, they pertain to the Digital Asset Market Structure Discussion Draft.

3 years ago

Analysis BCH -0.57%

Bitcoin Cash surged 108% over the last week after EDX Markets opened

The Bitcoin fork network's coin more than doubled in price over the last week after it became available to institutional traders on a powerhouse-backed exchange.

3 years ago

Regulation ETH +1.01%

Singapore regulator backs private networks over public in framework for digital assets

Project Guardian's "foundational principle" is to establish "open and interoperable private networks" that enable tokenized asset exchange via DeFi protocols.

3 years ago

Exchanges

Binance reportedly pulls out of Austria, shifts focus to MiCA compliance in Europe

Binance says its current focus is ensuring compliance with the forthcoming Markets in Crypto Assets (MiCA) regulations.

3 years ago

Research BTC +0.63%

Over 86% of unspent Bitcoin in profit as BTC continues to trade above $30k

Bitcoin has maintained the $30,000 level throughout the weekend, putting 86.24% of UTXOs in profit. However, the decreasing 50-day SMA suggests that despite the recent surge in Bitcoin's price, the overall profitability of UTXOs has been on a downward trend over the past two months.

3 years ago

Mining

Hut 8 nabs $50M Coinbase credit facility ahead of merger with US Bitcoin

CEO Jaime Leverton says the credit facility provides the firm with "additional financial flexibility."

3 years ago

Technology

Satellite-based ‘Space Wallet’ reimagines transaction security

The Space Wallet provides enhanced security against physical access-based attacks.

3 years ago

Partnerships ALGO -1.22%

Algorand partners with DWF Labs in $50M deal

Web3 investment firm DWF Labs said it is committed to supporting and developing the Algorand blockchain.

3 years ago

Tokenization

Crypto ETPs saw $199M inflow last week, the largest since July 2022

Bitcoin ETPs claimed $188 million or 94% of the total inflows, indicating the market has a bigger appetite for BTC than Ethereum.

3 years ago

Adoption

HSBC’s Hong Kong customers can now trade Bitcoin, Ethereum futures ETFs

HSBC has expanded cryptocurrency exposure to its Hong Kong customers.

3 years ago

Technology NEAR -0.48%

NEAR Protocol feels a boost following Alibaba Cloud partnership

The partnership with Alibaba Cloud would grant access to the cloud developer ecosystem in key regions.

3 years ago

Analysis XMR +0.88%

$18.6B privacy sector up 9% leading crypto market over past 24hours

Privacy tokens spike higher amid tightening drives to clamp down on the sector.

3 years ago

Investments

Haru Invest execs grounded in South Korea amid fraud suspicions

South Korean prosuectors said the ban is a preemptive measure.

3 years ago

Macro

Paul Tudor Jones cautious about buying more Bitcoin as macro narrative turns

Paul Tudor Jones is "sticking with Bitcoin," but wonders if falling inflation, AI development, and regulatory hostilities will dampen future price growth.

3 years ago