Third time’s the charm? ARK and 21Shares again file with SEC for Bitcoin ETF
Cathie Wood’s ARK and crypto investment firm 21Shares are tripling down on their attempt to get approval to create a spot Bitcoin ETF in the U.S. Cathie Wood’s ARK Invest…
Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA a non-security
The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA a non-security under Korea’s Capital Markets Act. Court documents were filed indicating that…
Crypto community split on Coinbase NFT’s push for ‘sensible crypto policy’
A Twitter user expressed uncertainty over NFTs having any impact but admitted that it makes them feel like they did something. As crypto exchange Coinbase makes a push toward a…
OpenSea ‘insider trading’ trial kicked off in New York district court
The court case might have a decisive influence on the legal classification of NFTs. On April 24, the Southern district court of New York held the first jury hearing on…
FTX Announces LedgerX’s Sale For $50 Million
FTX debtors have reached an agreement with an affiliate of Miami International Holdings to sell LedgerX. LedgerX will be sold to M7 Holdings for $50 million after it emerged as…
FTX sells LedgerX for $50M to affiliate of Miami-based exchange holding company
The futures and options exchange was purchased by FTX.US in 2021 to expand its spot trading services. Three other FTX assets remain up for sale. FTX announced that it has…
Bitcoin advocates rally at Texas State Capitol to oppose bill cutting mining incentives
“When you target one industry the way they are with this bill, that’s bad policy no matter what the industry you’re targeting,” said Satoshi Action Fund CEO Dennis Porter. Roughly…
Binance.US backs out of $1B Voyager asset purchase, blames regulatory environment
The parties got the go-ahead on the deal last week after overcoming several objections, but Binance.US changed its mind. Binance.US has backed out of its agreement to purchase $1 billion…
Genesis settlement disrupted by new creditor demands, DCG says
Under the initial settlement plan, Genesis creditors were expected to receive 80% recovery of funds lost due to the bankruptcy. Troubled digital currency company Genesis Capital saw its settlement disrupted…
Bitcoin Price Prediction for Today, April 25: BTC/USD Bears Could Demolish $27,000 Support
The Bitcoin price prediction shows that BTC keeps trading below the moving averages as the coin touches $27,273 support. Bitcoin Prediction Statistics Data: Bitcoin price Go to Source
Binance US Terminates $1 Billion Deal To Acquire Voyager
Binance US has sent a letter to Voyager informing it of the termination of the purchase deal. The $1 billion deal to acquire Voyager Digital has faced multiple hurdles including…
Binance US Pulls the Plug: Voyager Purchase Deal Falls Through
According to the now-defunct crypto lender Voyager, Binance US sent a letter to the company “terminating the asset purchase agreement.” While the announcement was “disappointing” for Voyager, the firm maintained…
Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade
After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response.…
Report: Terraform Labs Co-Founder Indicted on Fraud Charges in South Korea
Recent local reports have brought to light that Shin Hyun-seong, also known as Daniel Shin, co-founder of Terraform Labs, has been indicted by the Seoul Southern District Prosecutors’ Office on…
Tether Grows 2.3% as Stablecoin Economy Loses $2.4 Billion in Value Since March 31
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023.…