Crypto critic Elizabeth Warren and two colleagues write to the Fidelity CEO again to express their displeasure with crypto-exposed 401(k) offerings.
Critic of Bitcoin’s ‘one-percenters’ still positive about future of digital assets
A financial professor is skeptical about Bitcoin’s design but is still very much involved in crypto research and is bullish about the future of digital assets.
Cathie Wood sells Coinbase shares amid insider trading allegations
Cathie Wood’s investment firm ARK Investment Management is the third-largest shareholder of Coinbase, reportedly holding nearly $9 million as of late June.
Sentiment and inflation: Factors putting pressure on Bitcoin price
Bitcoin prices are besieged by a multitude of factors, and the cryptocurrency is struggling to breach the $25,000 mark.
Community-initiated ‘Bitcoin Stackchain’ exceeds $160K in one week
How one tweet about being “broke as hell” created a chain of community Bitcoin buys that exceeded six figures and counting.
Tesla reports $64M profit from Bitcoin sale
Elon Musk’s electric vehicle company sold 75% of its BTC in the second quarter. The company’s overall profitability was impacted by inflation and the competition for battery cells.
3AC: A $10B hedge fund gone bust with founders on the run
3AC downfall has led to a multi-billion dollar cascade that has claimed the likes of Celsius, Voyager and many other crypto lending firms with exposure to the hedge fund.
Thai SEC launches digital hotline for Zipmex users
The investors affected by Zipmex’s withdrawals’ pause can submit information about their losses via an online forum on the Thai SEC’s official website.
The opportunities and risks of Metaverse for small businesses
The benefits outweigh the risks when it comes to the adoption of Metaverse for small businesses.
Mike Novogratz warns that 200X returns from crypto are ‘not normal’
Former-LUNAtic Mike Novogratz has told crypto investors that the insane returns seen in the crypto space are simply unsustainable.
Korean crypto startup Uprise to compensate investors after disastrous LUNC short trade
The investment startup made a short bet on LUNC in May using client funds. The trade blew up and wiped out 99% of its assets.
Breaking: Zipmex suspends withdrawals as CEO denies financial trouble rumors
The CEO of Thai crypto exchange Zipmex denied rumors of financial trouble just moments before the group announced it would pause withdrawals on the platform.
21Shares launches S&P risk controlled Bitcoin and Ether ETPs
Despite crypto markets tanking this year, the Swiss crypto ETP firm 21Shares has seen its new crypto inflows hitting new all-time highs YTD.
Skybridge announces suspension of withdrawals from of its one crypto-exposed funds
Skybridge joins the crowd that has frozen crypto investors’ funds, although head Anthony Scaramucci says the suspension is a temporary measure with no fear of liquidation.
Source claims 3AC’s Deribit exposure is worth much less than reported
The creditors of Three Arrows Capital may be left holding the bag, according to a source who claims the hedge fund’s exposure to Deribit is only worth $25 million.
Christie’s launches venture fund aimed at Web3 and blockchain investments
According to the auction company, its first investment will be in LayerZero Labs, a company developing solutions for enabling omnichain decentralized applications.
Why is there so much uncertainty in the crypto market right now? | Market Talks with Crypto Jebb and Crypto Wendy O
Why is there so much uncertainty in the crypto market right now? Join us as we try to figure it out with Tim Warren, co-host of Coffee N Crypto, and Crypto Wendy O
SEC extends window to decide on ARK 21Shares spot Bitcoin ETF to August
J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.”
Virginia county Fairfax commits $35M to Van Eck crypto lending fund
Fairfax County continues its cryptocurrency investment endeavors through VanEck crypto lending fund, exploring the world of yield farming through the asset manager.
With the bear market in full throttle, crypto derivatives retain their popularity
“Derivatives provide opportunities to protect their portfolios during times of heightened market volatility,” says Emerson Li, brand lead at BingX.