BlackRock Bitcoin ETF now holds more BTC than MicroStrategy

According to data from BitMEX, BlackRock’s IBIT now has nearly 198,000 BTC, outpacing MicroStrategy’s holdings.

BlackRock Bitcoin ETF now holds more BTC than MicroStrategy

BlackRock’s spot Bitcoin  exchange-traded fund (ETF) has outpaced MicroStrategy’s holdings of the cryptocurrency. According to data compiled by BitMEX Resear...

6 months ago

Arbitrum DAO removes proposal to fund Tornado Cash devs’ legal bills

An Arbitrum spokesperson confirmed that the proposal to fund Tornado Cash developers’ legal defense had been deleted at the author’s request.

Arbitrum DAO removes proposal to fund Tornado Cash devs’ legal bills

The Arbitrum DAO has removed a proposal seeking to fund the legal defense costs of Tornado Cash’s developers.  The proposal sought to allocate nearly $1.3 million worth...

6 months ago

Hong Kong Financial Institutions Eye Ethereum ETFs to Bolster Global Crypto Market Position

Bitcoin Spot ETFs See Consistent Inflows

Hong Kong Financial Institutions Eye Ethereum ETFs to Bolster Global Crypto Market Position

In the wake of the successful launch of Bitcoin spot ETFs in the United States, financial institutions in Hong Kong are gearing up to tap into the growing demand for cryptocurrency investment pr...

6 months ago

Pantera launches fundraise to buy $250 million of SOL from FTX estate: Report

The $5.2 billion asset management giant is eyeing FTX’s discounted SOL stack worth around $5.4 billion.

Pantera launches fundraise to buy $250 million of SOL from FTX estate: Report

Pantera Capital, a crypto-focused asset management firm, is reportedly raising money to buy Solana tokens from the estate of the bankrupt FTX exchange. Pantera is seeking funds for the...

6 months ago

US prosecutors to continue tussle for Do Kwon’s extradition: Report

The United States and South Korea have been fighting for Kwon’s extradition since he was arrested in March 2023.

US prosecutors to continue tussle for Do Kwon’s extradition: Report

United States prosecutors will contest the latest Montenegrin high court ruling that has placed Terraform Labs’ Do Kwon headed for South Korea extradition. The U.S. Dep...

6 months ago

Greek stock exchange eyes Sui blockchain for on-chain fundraising tool

The Greek stock exchange, ATHEX, is eying the deployment of its new fundraising mechanism on the Sui blockchain ecosystem.

Greek stock exchange eyes Sui blockchain for on-chain fundraising tool

The Greek stock exchange announced that it is considering launching its new tool, the electronic book building (EBB), on the Sui blockchain ecosystem.  In a blog 

6 months ago

UAE’s RAK DAO and Tencent Cloud ink deal to boost crypto startups

The memorandum of understanding includes the establishment of a Tencent Cloud training center for skill development and education at RAK DAO.

UAE’s RAK DAO and Tencent Cloud ink deal to boost crypto startups

Tencent Cloud, the cloud services arm of the Chinese conglomerate Tencent, signed a memorandum of understanding (MoU) with the United Arab Emirates’ crypto-focused free economic zone to fa...

6 months ago

US DOJ appeals Montenegro court’s extradition verdict favoring Do Kwon’s return to South Korea

U.S. prosecutors have declared their intention to appeal a recent decision by a Montenegrin high court regarding the extradition of Do Kwon, the former CEO of Terraform Labs, to South Korea.

US DOJ appeals Montenegro court’s extradition verdict favoring Do Kwon’s return to South Korea

The development is part of an ongoing legal saga involving multiple jurisdictions, including South Korea and the U.S., both of which have filed extradition requests for Kwon. According...

6 months ago

Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy

GOP Senators Oppose CBDCs

Fed Chair Jerome Powell Addresses Concerns Over CBDCs, Prioritizes Privacy

The U.S. Federal Reserve Chair Jerome Powell has made it clear to the Senate Banking Committee that the Fed has no imminent plans to launch a central bank digital currency (CBDC). Duri...

6 months ago

Digital Currency Group files motion to dismiss $3B NYAG lawsuit

Digital Currency Group countered the NYAG’s allegations, saying that after Three Arrows Capital collapsed, it invested hundreds of millions into Genesis.

Digital Currency Group files motion to dismiss $3B NYAG lawsuit

Venture capital firm Digital Currency Group (DCG) and its CEO Barry Silbert have filed motions to dismiss a $3 billion lawsuit filed by the New York Attorney General’s Office (NYAG), argui...

6 months ago

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