Chainalysis Reporting 29% Crypto Crime Decline in 2023
A recent blockchain-based analyst firm Chainalysis disclosure hails FTX for tipping the scale of the illicit crypto amount reported following the Sam Bankman-Fried conviction. Chainalysis...
Hong Kong’s VSFG to File Bitcoin Spot ETF Application in Q1 2024
Venture Smart Financial Holdings (VSFG) is a Hong Kong-based firm that is planning to launch ETF with direct exposure in Bitcoin during the first quarter...
Solana Mobile Developing More Affordable Smartphones Compared to Saga
A less costly replacement to the Solana Saga is allegedly planned. This comes after purchasers harvested bundled airdrops and tokens after the original phone went...
Flowdesk Nets $50M in Series B Funding to Realize $250M
French-based crypto market maker Flowdesk announced the conclusion of a Series B round that successfully earned it $50 million. The Series B round attracted participation...
Canada Proposes New Changes in Crypto Investment Fund Requirements
Canadian Securities Administrators (CSA) is preparing a regulatory framework for crypto-based investment funds. The regulatory document will cover aspects such as custodianship and legal allocation...
Ripple CEO Brad Garlinghouse Predicts More Crypto ETF Approvals
Ripple Labs CEO, Brad Garlinghouse, recently projected that the Securities and Exchange Commission may approve more crypto-based ETFs. He noted that the ETFs will pave...
Cantor Fitzgerald Chief Assures Tether Reserves as Fully Backed by Deposits
Cantor Fitzgerald chief executive Howard Lutnick indicated that Tether possesses the money it claims as USDT reserves. The executive disclosed this during an interview with...
US GAO Makes Public Recommendations to SEC Before Spot Bitcoin ETF Approval
The Government Accountability Office (GAO) of the United States issued three primary suggestions to the Securities and Exchange Commission (SEC) before approving the spot Bitcoin...
CoinShares Seeking to Acquire Valkyrie Crypto Division
CoinShares secured the option to acquire Valkyrie’s crypto unit in November last year. Currently, it is using this option after the listing of Valkyrie spot...
GameStop Abandoning Crypto Gaming, Eliminating NFT Marketplace
This news comes four months following the storied video game retailer dropping its nonfungible token wallet, with GameStop planning to leave the space altogether. GameStop,...