Robert Kapito, one of BlackRock Inc.’s co-founders, expresses a hopeful yet cautious perspective on the market’s future. He believes there could be a revival, driven by the immense $9 trillion accumulated in money market funds and similar cash investments at banks. This large cache of funds, Kapito asserts, carries the power to sway the stock … Read more
In an exciting development, Ethereum co-founder Vitalik Buterin’s endorsement of the coin mixer Railgun has sparked much debate about its upcoming venture. However, concerns have arisen after reports surfaced that North Korea’s Lazarus Group, a notorious cybercrime organization, is using the platform for illicit activities. This revelation poses a major challenge to Railgun, despite Buterin’s … Read more
Bitcoin, the most prominent cryptocurrency globally, has displayed significant price fluctuations before the anticipated Bitcoin halving and broader economic influences. On Monday, April 15, in Asian trading sessions, Bitcoin surged to reach a peak of $67,000. However, its price plunged again, dropping down to $62,500. In spite of this market instability, large Bitcoin investors have … Read more
According to a Bloomberg report, some prominent British baking companies, including Barclays, have participated in a trial to explore the use of tokenized deposits. (Or: In a recent Bloomberg article, it was mentioned that Barclays and other notable British baking corporations took part in an experiment focusing on tokenized deposit technology.) This February marked the … Read more
Steven Nerayoff, who once advised Ethereum, has filed a lawsuit against Michael Hlady (also known as Michael Peters) and Marianna Shooshani in the Supreme Court of New York, Nassau County. The reason for this legal action is that he believes these individuals have tricked him into financial losses through their alleged fraudulent scheme. Based on … Read more
On Monday, April 15, Bitcoin (BTC) and other cryptocurrencies experienced a significant rebound during Asian trading hours, thanks to the debut of Hong Kong’s spot Bitcoin ETFs. However, this recovery took a hit later in the day when the US market declined, causing Bitcoin’s price to drop by nearly 4.6% and fall below the $62,500 … Read more
In simple terms, the Hong Kong Securities and Futures Commission (SFC) has given its blessing for the launch of Bitcoin and Ethereum spot exchange-traded funds (ETFs). This is an important development for the cryptocurrency industry in the region. Although the approval brings enthusiasm, Eric Balchunas from Bloomberg, as a senior ETF analyst, expressed a more … Read more
Today, the prices of the leading cryptocurrencies took a step back. Bitcoin (BTC) dipped below $63,000, while Ethereum (ETH) approached the $3,000 threshold. On the other hand, major altcoins like Cardano (ADA), Solana (SOL), and XRP suffered significant declines. Major Crypto Prices Today The cost of Bitcoin decreased by 3.95 percent and stood at $62,375.46 … Read more
Tornado.cash, a crypto mixing service, is currently engaged in a challenging legal dispute due to accusations of money laundering. More recently, Paul Grewal, the top legal executive at Coinbase, has spoken out in defense of Tornado.cash and the importance of preserving privacy rights for Americans. Coinbase CLO Backs Tornado Cash In a recent legal move, … Read more
The Nigerian government has located the executive who escaped from their custody in late March during the ongoing controversy with Binance in Kenya. Based on community news, officials are initiating the extradition procedure and questioning the guards who were keeping the executive in detention. Binance Exec’s Extradition “In Full Swing” Based on a report in … Read more