Roaring Kitty’s $300M GME position sparks market manipulation claims

The allegations come weeks after Citron Research revealed its short position in GameStop.

Roaring Kitty’s $300M GME position sparks market manipulation claims

The GameStop (GME) stock position of Keith Gill, known as “Roaring Kitty,” is more akin to market manipulation than traditional investing, according to Citron Research. Cit...

3 months ago

Why Bitcoin may be boosted by a European Central Bank rate cut

The ECB is widely anticipated to implement a 0.25% rate cut, following seven consecutive months of easing inflation across the eurozone.

Why Bitcoin may be boosted by a European Central Bank rate cut

Bitcoin inflows could see an increase this week following a key monetary policy decision in the European Union. The European Central Bank (ECB) is expected to cut interest rates by 0.2...

3 months ago

Legal fees skyrocket in high-profile crypto bankruptcies

High-profile bankruptcy cases have become a lucrative goldmine for two major law firms involved in the legal proceedings: Sullivan and Cromwell and Kirkland and Ellis.

Legal fees skyrocket in high-profile crypto bankruptcies

Cryptocurrency bankruptcy lawyers and advisers at major law firms have amassed over $700 million in fees from significant cryptocurrency bankruptcy cases. Recent years have seen severa...

3 months ago

Celo integrates Chainlink's CCIP interoperability protocol

The Ethereum layer-2 solution is leveraging Chainlink for blockchain interoperability and real-world price data.

Celo integrates Chainlink's CCIP interoperability protocol

On May 29, Ethereum layer-2 network Celo announced the integration of Chainlink’s CCIP protocol for cross-chain interoperability.  Celo’s executive director, Eric Naka...

3 months ago

MoonPay launches Web3 platform for brands, digital experience

Crypto firm MoonPay is targeting digital experience for brands in its new Web3 platform, a market estimated to reach over $25 billion by 2029.

MoonPay launches Web3 platform for brands, digital experience

Crypto infrastructure firm MoonPay has doubled down on services targeting digital experience for brands. According to an announcement on May 28, the company is launching a platform dedicated to ...

3 months ago

Genesis Global secures court approval for $3B payout

According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake.

Genesis Global secures court approval for $3B payout

Bankrupt cryptocurrency lender Genesis Global has secured court approval to return about $3 billion in cash and cryptocurrency to its creditors. This decision leaves its parent company, Digital ...

3 months ago

Small creditors put at risk by latest FTX bankruptcy development

The transfer of the bankruptcy claim from FTX EU to FTXcreditor could have a significant impact on stakeholders.

Small creditors put at risk by latest FTX bankruptcy development

A significant claim against FTX EU — previously known as K-DNA Financial Services —has been transferred to FTXcreditor in the latest development in the FTX bankruptcy case. The trans...

4 months ago

OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

The game is currently available in early access on the Epic Games Store.

OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

Crypto and Web3 investment fund OKX Ventures recently invested in the Void Labs action role-playing game Blade of God X, an early access title with a purported “play to train” featur...

4 months ago

Doctors turn to Apple’s Vision Pro headset to practice surgery amid cadaver shortage

Veyond Metaverse aims to mimic the traditional cadaver experience in visceral detail with Apple’s mixed reality device.

Doctors turn to Apple’s Vision Pro headset to practice surgery amid cadaver shortage

Veyond Metaverse, a medical technology company, recently announced that its medical telepresence platform would expand its footprint to the Apple Vision Pro.  The company’s ...

5 months ago

Illicit crypto volume decreased to $34.8b in 2023, TRM Labs says

The overall proportion of total illicit crypto funds is shrinking by 9% on a year-on-year basis, although bad actors still handled over $34 billion in 2023.

Illicit crypto volume decreased to $34.8b in 2023, TRM Labs says

The total volume of illicit crypto funds decreased by nearly one-third in 2023, according to research done by TRM Labs. The findings reveal that the volume fell from $49...

5 months ago

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