Bitcoin Miner Hut 8 Appoints New CEO Weeks Following Short-Selling Report.
J Capital Research called HUT an “obvious pump and dump target,” alleging that Hut 8 inherited “a pile of debt” from USBTC. Bitcoin mining company Hut 8 has announced a…
Ark Invest Wants To Add Staking To Its Spot ETH ETF: Will The SEC Approve?
Staking could provide additional profits for ETF investors, but it comes with added risks. Cathie Wood’s asset manager Ark Invest wants to bake staking into its proposed Ethereum Spot ETF…
Bitcoin’s Lunar New Year Momentum: Soars Beyond $46,000, Defying Resistance.
Experts predict Bitcoin to reach $52,000 by mid-March. Bitcoin surged past the $46,000 mark on February 9th after overcoming a significant resistance level at $44,000. This resistance had been a…
CHARGES AGAINST FORMER ZIPMEX THAILAND CEO
Thai SEC Files Charges Against Former Zipmex Thailand CEO violated crypto rules by transferring customer assets to overseas wallets pre-announcement. Thailand’s Securities and Exchange Commission (SEC) has filed charges against…
Bitcoin Price Skyrockets Past $46K, Leaving Over $100M in Liquidations
As expected, the short positions are responsible for the majority of all liquidated trades. Bitcoin’s stagnation days seem to be over, at least for now, as the asset has charted…
SEC Delays Decision on Invesco-Galaxy Spot Ethereum ETF Proposal.
May 23 continues to be a significant date for the approval of spot Ethereum ETFs, representing VanEck’s final deadline for approval.The United States Securities and Exchange Commission (SEC) has again…
Uzbekistan Takes Legal Action Against Binance for Unregistered Operations
The NAPP reportedly penalized Binance around $8,200 for operating without license. Uzbekistan has stringent regulations regarding the buying, selling, and trading of crypto. Uzbekistan is preparing to confront Binance over…
BlockFi and 3AC Resolve Counterclaims in Bankruptcy Settlement.
BlockFi asserted that Three Arrows Capital owed them $129 million, while the latter countered with an even bigger claim.A settlement between defunct crypto lending company BlockFi and the collapsed hedge…
Solana Boosts to $102 Outperforming Bitcoin Despite Outage.
Despite a major network outage, Solana (SOL) surged by 6.56% in the last 24 hours, trading at $101.Solana’s DEX ranked second after Ethereum, with a TVL of $1.74B and $6.25M…
CEO of Crypto Exchange Get Jail Term for Stealing Millions of Customer Deposits
Shin was found guilty of fraudulently manipulating crypto prices and trading volume on Bitsonic from January 2019 to May 2021 using the buyback method.A South Korean district court has sentenced…