BlockFi, a cryptocurrency lender, has filed a proposed court order to convert certain client assets into withdrawable funds as part of its ongoing bankruptcy proceedings. The assets, which comprise less than half a percent of all client funds, include Algorand, Bitcoin Cash, and Dogecoin. The proposed order would allow a one-time conversion of the assets […]
Google Cloud and the government of El Salvador have announced a new partnership to establish an office and provide Google Distributed Cloud (GDC) services in the country. The seven-year partnership aims to digitize the country, update government services and improve the healthcare and education systems. It will also bring infrastructure closer to where data is […]
The US Securities and Exchange Commission (SEC) has filed a sealed motion for leave to file documents under seal in its ongoing case against Binance. Former SEC attorney John Reed Stark has suggested that the SEC may be doing this to protect a criminal investigation or prosecution conducted by the US Department of Justice (DOJ). […]
The EOS Network Foundation has announced that the Japan Virtual and Crypto Asset Exchange Association (JVCEA) has approved the EOS cryptocurrency for inclusion on its whitelist. This opens the door for EOS to be traded in Japan on authorized cryptocurrency exchanges against the yen. Midway through September, EOS will start trading on BitTrade, a renowned […]
Yesterday, Bitcoin (BTC) finally went on the offensive after days of sluggish price performance, gaining more than $2,000 in hours following a crypto win over the US Securities and Exchange Commission (SEC) in US courts. The altcoins have also turned green today, with TONCOIN and BCH stealing the show by posting 15% increases.BTC soared past […]
Bitcoin’s Grayscale Bitcoin Trust (GBTC) could potentially erase its BTC price “discount” in 2024, according to a recent post by CoinGlass. The fund, which contains over 600,000 BTC, has traded at a discount to the Bitcoin spot price since February 2021. This was due to the U.S. Securities and Exchange Commission (SEC) not considering GBTC’s […]
Ripple Labs Inc. has been resilient in the face of its three-year-long lawsuit with the United States Securities and Exchange Commission (SEC). Despite the enforcement action which imparted negatively on its associated cryptocurrency XRP, the coin has remained one of the top digital currencies globally.A deep exposition has been made into what is now tagged, […]
Hong Kong-based retail cryptocurrency traders now have access to a locally based cryptocurrency exchange after HashKey launched its retail trading services on Aug. 28. The exchange was previously only available to professional and institutional investors, but was granted Type 1 and Type 7 licenses by the Hong Kong Securities and Futures Commission (SFC) on Aug. […]
A three-judge panel in Washington D.C. has overturned the decision of the U.S. Securities and Exchange Commission (SEC) to reject Grayscale’s efforts to launch a Bitcoin ETF based on spot prices. Grayscale had provided substantial evidence of a 99.9% correlation between Bitcoin’s spot and derivative markets, which is based on the logical and mathematical connection […]
The Warp Protocol, powered by Terraform Labs PTE Ltd., is now live on Neutron, a cross-chain focused decentralized automation protocol. This integration will enable developers to create limitless automation capabilities, reducing costs and empowering them to develop new features. Neutron is known for its top security features, staked capital, and cross-chain infrastructure, which will enable […]
