While Three Arrows Capital used its tens of billions of dollars of assets under management to invest in new projects and take large market positions, it also operated an over-the-counter trading desk called Tai Ping […]
Transaction costs on Arbitrum exceeded those on the Ethereum Mainnet earlier this week. With the cost of swapping tokens rising above $6 on Arbitrum this Wednesday, the Ethereum network became a comparative bargain at only […]
Jacobi Asset Management is set to launch a Bitcoin exchange-traded fund (ETF) on the Euronext Amsterdam Exchange this month. In a release, the company said the fund will trade under the ticker BCOIN, and will […]
Voyager Digital joins the growing list of crypto firms suffering liquidity issues as it announced the suspension of trading, deposits, withdrawals, and rewards. According to the announcement, this will allow the firm some time to explore “strategic […]
Just a small minority of investors that staked Ethereum on the Beacon Chain are still in profit as the asset continues to tumble. A whopping 83% of Ethereum stakers are now underwater, according to research […]
Embattled Crypto hedge fund Three Arrows Capital has filed for Chapter 15 bankruptcy in New York to protect its U.S. assets after a liquidation order in the British Virgin Islands. According to Bloomberg, the hedge […]
New York state has dealt a blow to miners by denying air permits for a gasoline-fired Bitcoin mining plant. The news follows the New York State Assembly’s decision to impose a two-year moratorium on fossil-fired mining. […]
Poor macroeconomic sentiment, fears of inflation, and systemic risks from the crypto market pushed bitcoin below 2017’s highs. Source link
Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing went trying […]
Japan is set to allow trust banks to manage crypto assets later this year, financial regulators have announced. The Financial Services Agency (FSA) will reportedly propose the changes after a month-long public comment period. With the amendment, Nikkei reported […]
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