Binance’s vice president of Eastern Europe, Turkey, the Commonwealth of Independent States, Australia, and New Zealand, Gleb Kostarev, has announced his resignation. Kostarev is the latest exec to depart the beleaguered exchange after Binance product […]
A new report reveals that crypto exchanges rank as the least trusted financial service for non-crypto users. This finding comes despite growing interest in cryptocurrencies from both existing crypto owners and non-owners. The report by […]
EquitiesFirst is a private lending platform that owed Celsius some $439 million worth of cash and bitcoin (BTC) as of July 2022. Celsius first took collateralized loans from the lender in 2019, but failed to […]
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Sam Bankman-Fried, the founder of the now-defunct FTX cryptocurrency exchange, was denied immediate release from a Brooklyn detention facility on Wednesday. The decision came from the 2nd United States Circuit Court of Appeals in Manhattan […]
The exchange filed 19b-4 documents on Wednesday, formally kicking off a review process. Once the U.S. Securities and Exchange Commission (SEC) acknowledges the filings, it will start a 240-day clock for a final decision. The […]
Bankman-Fried’s lawyers and the government have fought for weeks now over what the defense claims are subpar conditions in the Metropolitan Detention Center. They claim their client can’t properly prepare for his October trial from […]
Asset managers ARK Invest and 21Shares have taken the first step towards launching an exchange-traded fund (ETF) directly holding Ether (ETH). The two firms submitted an application to the US Securities and Exchange Commission (SEC) […]
On Wednesday, the US body responsible for setting accounting standards voted unanimously to introduce new accounting guidelines for companies with significant cryptocurrency holdings. After indicating support last year, the Financial Accounting Standards Board (FASB) has […]
The Ark 21Shares Ethereum ETF is the first attempt to list such a fund in the U.S. that directly invests in ETH, the second largest cryptocurrency by market capitalization. Source link
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