crypto
Binance.US Faces Setback as Appeals Court Validates HEX Token Manipulation
- Ninth Circuit disagrees with district court, finds valid claims in HEX price manipulation case.
- Binance.US and CoinMarketCap face renewed legal scrutiny after appeals court ruling.
Tuesday, 13/08/2024 | 07:13 GMT by
Tareq Sikder
FCA Identifies Compliance Issues in Crypto Firms: Failures in Financial Promotions
- The FCA found mixed results, with some firms meeting standards while others failed to comply.
- Firms need to enhance their systems and controls to avoid regulatory consequences.
Wednesday, 07/08/2024 | 09:58 GMT by
Tareq Sikder
CoinShares' Q2 2024 Record Revenues Overshadowed by £22M FlowBank Impairment
- CoinShares reported doubled revenue, but faced a significant setback due to FlowBank's bankruptcy.
- On a positive note, the company completed the sale of its FTX claim, achieving a 116% recovery rate.
Tuesday, 06/08/2024 | 06:52 GMT by
Damian Chmiel
3rd Largest Bitcoin Miner on Wall Street Acquires Crypto Competitor for $93 Million
- Riot Platforms purchased Block Mining this week after an unsuccessful attempt to acquire Bitfarms.
- The BTC producer increased their potential power capacity to 2 gigawatts.
Thursday, 25/07/2024 | 10:40 GMT by
Damian Chmiel
Ethereum ETFs Reach $1B, Post 23% of Bitcoin Day-One Volume in US Debut
- After many months of waiting, ETH exchange-traded funds have reached the hands of investors.
- BlackRock and Bitwise lead new entrants as Grayscale's converted trust sees significant outflows.
Wednesday, 24/07/2024 | 07:26 GMT by
Damian Chmiel
Exclusive: Ex-UBS Expert Joins Crypto Market Maker Acheron Trading amid 369% Volume Surge
- The firm appoints a new CLO and adds staff to meet the increase in H1 year-over-year trading.
- It is also scaling operations to meet increased liquidity demand in the crypto market.
Monday, 22/07/2024 | 13:25 GMT by
Damian Chmiel
Why Europol Blames Bitcoin and Artificial Intelligence for Cybercrime Boom
- The latest report highlights the growing use of cryptocurrencies and Bitcoin ETFs in criminal activities.
- The agency calls for enhanced tools and training to combat evolving digital threats.
Monday, 22/07/2024 | 09:51 GMT by
Damian Chmiel
J.D. Vance: Trump’s VP Pick is Pro-Crypto
- J.D. Vance, Republican Senator from Ohio, holds Bitcoin and supports crypto legislation.
- Vance's populist approach targets big banks while aiding smaller community banks.
- He’s collaborated with Democrats to push for financial reforms.
Thursday, 18/07/2024 | 10:29 GMT by
Louis Parks
You Won't Believe How Much Institutional Crypto Trading Has Exploded in 2024
- Volumes surged 95% year-over-year in H1 2024, driven by ETF approvals.
- According to Finery Markets report, ethereum trading volumes increased by 32%, with further growth expected.
Wednesday, 17/07/2024 | 08:53 GMT by
Damian Chmiel
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