Cryptocurrency
CME dives further into $85 trillion digital assets market with Nasdaq CME Crypto Index futures
A CME group executive said the demand grew with average daily trading volume in his firms’ suite increasing by 43% year-to date.
UK parliament to probe Nigel Farage’s $6.8 million donation from crypto billionaire
If found guilty of violating the Parliamentary code of conduct, the Reform UK party leader could be suspended from the House of Commons.
Purge of millions of crypto tokens underway, BTC needs it for sustainable bull cycle: Ben Cowen
Researcher and market analyst Ben Cowen says the purge of millions of altcoins is already underway and is necessary for a sustainable bitcoin bull market to be in place.
Standard Chartered expands further into crypto with stake in GSR at $1 billion valuation
SC Ventures, Standard Chartered’s venture capital division takes a stake in crypto trading firm GSR at a valuation of more than $1 billion, according to Bloomberg.
SBI Holdings eyes stake in crypto exchange Bitbank to build digital asset powerhouse
The Tokyo-based broker is betting big on crypto with plans in Singapore and a Visa partnership for bank cards that allows users to accumulate digital assets.
Canada proposes ban on crypto ATMs as fraud cases mount
Canada's Liberal government calls machines a “primary method” for scams as data and law enforcement link them to rising losses
Michael Saylor says the bitcoin winter is over. Some experts agree, with caveats.
Market analyst Mati Greenspan said bitcoin has not gone through a “winter,” rather a pullback within a broader bull market, adding the next leg up for bitcoin will be driven by nation-state adoption.
BIS warns cryptocurrency exchanges are becoming ‘shadow banks,’ and why that's a risk
The Bank for International Settlements (BIS) released a report warning stablecoin yields and other DeFi “earn” products are bank-like services without the safeguards or insurance.
Chinese crypto mogul Li Lin’s private trading arm is set to move into a Hong Kong-listed wealth firm
The transfer effectively moves part of Li’s private trading operation into a public company where he is the largest shareholder.
Mob boss John Gotti’s grandson is headed to prison for a $1.1 million Covid fraud and crypto scheme
The mob boss’ grandson defrauded the U.S. government’s Covid-19 relief system out of $1.1 million and invested at least half of it to invest in crypto businesses.
