Regulation
Ex-FTX COO Constance Wang Joins Crypto Fund Sino Global
Matthew Graham, Sino Global’s founder and CEO, was a close associate of Sam Bankman-Fried during FTX’s rise. Source link
Month: July 2023
Bitcoin
Crypto Investors Pour Record Amount in to Bitcoin (BTC) ETPs
New data from K33 Research shows the BTC-equivalent exposure of ETPs listed worldwide increased by 25,202 BTC ($757 million) to 196,824 BTC in four weeks to July 16. That’s the second-highest monthly net inflow, only […]
Market Analysis
FTX Australia Loses License Amid Industry-Wide Crackdown
The Australian arm of FTX has seen its license canceled by the Australian Securities and Investments Commission (ASIC). It can still work on compensating victims, which number roughly 30,000. The Australian Securities and Investments Commission […]
Bitcoin
Cosmos-Based Staking Protocol Stride Will Move to ATOM-Powered Security Model
“STRD has a hard cap of 100 million tokens. According to the original tokenomics, in the first year, 2,608,200 STRD is emitted as staking rewards. As part of Stride’s transition to ICS, that figure will […]
Market Analysis
Altcoin Trader Makes $620k Buying Harry Potter Obama Sonic 10 Inu Meme Coin
On May 11, 2023, one trader bought just over $16,000 worth of a relatively unknown meme coin HarryPotterObamaSonic10. This was an unorthodox move considering the project launched just 24 hours earlier. Despite its lengthy name, […]
Market Analysis
Greenpeace Renews Bitcoin Energy Attack, But Experts Fight Back
A new campaign berating the environmental impact of Bitcoin and its mining process has been unleashed by Greenpeace USA. However, things are not as clear-cut as the organization makes out, and experts are refuting the […]
Market Analysis
Bitcoin Mining Balances Grid But Concerns Remain: MIT Report
A new Massachusetts Institute of Technology (MIT) research paper says that while Bitcoin (BTC) miners claim to provide a net benefit to the power grid, their renewable energy claims should be more closely examined. The […]
Market Analysis
Bitget added 9,033 new elite traders in Q2
Bitget says it made a bunch of notable achievements in the second quarter of this year – a few of which it underscored in a Transparency Report on Tuesday. Bitget continued to increase market share […]
Market Analysis
Chinese Police Seize $160 Million in Crypto
According to a report on the website toutiao.com, an investigation by Chinese police has uncovered a large-scale cross-border online gambling case with a turnover of 400 billion yuan (approximately $56 billion), with cryptocurrency at the […]
Regulation
Bitcoin BTC Price Lingers Below $30K, While XRP Continues Its Rally
In the “First Mover” interview, Todaro predicted that Coinbase trading volumes for its second quarter (ending June 30) should be the poorest second quarter since the exchange started trading publicly in 2021. But he said […]