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Three Arrows’ liquidator Teneo said the court has frozen $1 billion worth of assets of Su Zhu, Kyle Davies and Davies’ wife.

BVI court freezes Three Arrows Capital founders’ $1 billion in assets

A British Virgin Islands court has frozen up to $1.1 billion worth of assets belonging to Su Zhu and Kyle Davies — the founders of defunct crypto hedge fund Three Arrows Capital — as...

8 months ago

Phantom Launches Bitcoin Trading With Multiple Features

Phantom Wallet Introduces Trading for Bitcoin, Ordinals, and BRC-20 Tokens

Multichain cryptocurrency wallet Phantom has broadened its services, introducing support for Bitcoin, Ordinals, and BRC-20 tokens. According to a blog post, Phantom...

8 months ago

Three commercials for Bitcoin ETFs have appeared this week as the marketing war between competing asset managers heats up.

Bitcoin ETF issuers push 3 crypto ads in 48 hours

Spot Bitcoin BTC $43,652 exchange-traded fund (ETF) issuers have fired two new salvos in a brewing crypto marketing war, rolling out a total of three crypto ads in just...

8 months ago

China Deploys Web3 Applications Across Various Sectors

China to Craft a Document for Web3 Development Involving NFTs, DApps, Cross-Chain, and Privacy Computing

The Chinese central government has revealed plans to create a strategic document to guide the development of China’s Web3 ecosystem. The document will support the growth of...

8 months ago

The country's dynamic crypto market has been a focus for politicians looking to use it to fuel economic growth.

Indonesia Vice Presidential Candidate Promises to Create 'Crypto Experts' as Election Looms

Gibran Rakabuming Raka, a vice presidential candidate in Indonesia's upcoming election, said he plans to create blockchain and crypto experts in the country during an event last week. ...

8 months ago

The SEC has pushed back its decision on a roster of Ethereum ETFs, with the final date for a potential approval arriving in late May.

SEC delays several Ethereum ETFs, pushing final decision to May

The United States Securities and Exchange Commission (SEC) is pushing back its decision on several Ether ETH $2,246 exchange-traded funds (ETFs) to May 2024. ...

9 months ago

Sonnenshein Voiced Concerns About Delaying Garyscale’s ETF

Grayscale CEO Calls for Simultaneous Approval of Spot Products to Level the Field

Grayscale CEO Michael Sonnenshein believes the Securities and Exchange Commission (SEC) needs to approve spot Bitcoin (BTC) exchange-traded funds (ETFs) simultaneously.

9 months ago

Tether's collaboration with the U.S. authorities has drawn extensive criticism from crypto stakeholders.

Tether USDT discount on exchanges hit 5-month high following revelation of collaboration with US authorities

Tether’s USDT stablecoin discount on centralized exchanges like Binance and Coinbase has widened to its highest point since July, according to data from Paris-based cry...

9 months ago

With the expectation of further rate cuts heading into 2024, analysts say this could be a “positive boost” for crypto stocks and investment products.

Fed pause is a ‘green light’ for investors — Here’s what it means for crypto

A decision from the United States Federal Reserve to pause and possibly lower interest rates in 2024 will likely serve as a “positive boost” for cryptocurrencies and crypto stocks.

9 months ago

Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers' money segregated from their own funds.

CFTC Pushes FTX-Inspired Rule to Protect Customers' Money

The U.S. Commodity Futures Trading Commission took a step toward requiring derivatives clearing organizations, a key type of intermediary in the industry, to keep their customers' money...

9 months ago