The ETF’s debut in Hong Kong generated a record daily trading volume of $12.4 million. $141M Inflows to Hong Kong Bitcoin ETFs Will Decrease US Negative Flows On the first day of trading, April 30, Hong Kong ETFs reached a total of $12.4 million in trading volume. First-day performance was reportedly strong in terms of […]
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In the first quarter of 2024, DeFi platforms lost $336 million due to hacks and fraud, while CeFi platforms reported no losses. The openness and accessibility of DeFi make them vulnerable since their codes are public and vulnerabilities can be easily discovered. Despite a 23.1% decrease in losses compared to last year, security issues in […]
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Roger Ver, known as “Bitcoin Jesus”, is accused of $48 million tax fraud. He faces charges of mail fraud, tax evasion and filing false returns. Arrested in Spain, the US requests extradition. He is also being sued by Genesis and CoinFex. This Tuesday, officials from the United States Department of Justice (DOJ) announced charges against […]
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One crypto figure deemed Consensys’ demands unrealistic amid the discussions. Ethereum (ETH) has faced some regulatory turmoil amid rumors of a rejection of ETH spot exchange-traded funds (ETFs) in May. The second-largest cryptocurrency has also been in the spotlight after a key component of its ecosystem, Consensys, sued the US Securities and Exchange Commission (SEC) […]
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Bitcoin fell to a one-week low of $61,928 in early trading before recovering slightly to $62,387, down about 2%. Bitcoin and the broader cryptocurrency market faced a slowdown on Monday, driven by anticipation of a major Federal Reserve meeting later this week. As investors speculated about the implications of the meeting, the possibility of a […]
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