“Mazars has indicated that they will temporarily pause their work with all of their crypto clients globally, which include Crypto.com, KuCoin, and Binance. Unfortunately, this means that we will not be able to work with Mazars for the moment,” a Binance spokesperson said. The suspension was reported earlier by Bloomberg. Source
The Trump Digital Trading Cards lead the Polygon POS NFT collections with a 24-hour trading volume of approximately 449.01 ETH. While denying fundraising for the 2024 presidential campaigns, former United States president Donald J Trump has unveiled a limited edition collection of his non-fungible tokens selling at $99 each. The limited edition collection of 45,000 NFT cards features Trump in various fantasy costumes and poses. According to the announcement, the Trump Digital Trading Cards will be minted on the Polygon (MATIC) network, and buyers can use Ethereum (ETH ) to…
Amber has completed a new $300 million Series C funding round, led by blockchain-focused venture capital company Fenbushi Capital US, the firm announced on Twitter on Dec. 15. The new funding round comes as Amber has decided to pause its previous Series B funding and proceed with Series C instead due to FTX collapse. Prior to the failure of FTX, Amber was in process of completing an extension of its Series B at a $3 billion valuation. As previously reported, the company was planning to raise $100 million as part…
When users of the platform are regular people, rather than, say, an investment bank, “the applicant should clearly indicate to the [national competent authority] for its assessment what are the experiences (e.g. through its education, training, professional experience, etc.) which demonstrate a sufficient level of knowledge of the functioning of the DLT technology,” said the guidance, published Thursday. Source
CSOP Asset Management’s Bitcoin and Ether ETFs has started trading on on the HKEX. For the first time ever, the Hong Kong Stock Exchange has listed Bitcoin and Ether futures exchange-traded funds (ETFs) issued by CSOP Asset Management. They are the CSOP Bitcoin Futures ETF and CSOP Ether Futures ETF. According to a Thursday announcement by the ETF issuer, the ETFs will track Bitcoin and Ether futures already listed on the Chicago Mercantile Exchange (CME), albeit respectively. Bitcoin and Ether ETFs Meanwhile, the global head of equity and FX products…
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Bitcoin has dropped more than 70% from its all-time high in November 2021, triggering selling pressure. While it appeared that institutional investors would ride out the bad market, this has not been the case. Over the previous few months, the open market selling of bitcoin has increased, and institutional investors have been discovered to have sold a considerable portion of their holdings. Institutional investor sell-offs have rocked the market, but because the sales were not reported then, the market did not know these businesses were dumping their holdings until much…
Cryptocurrency exchange-traded products are gaining traction due to their benefits to investors. These products expose investors to the crypto market without owning the underlying asset. Investing in ETFs allows users to enjoy institutional custody and transparent and simplified trading through brokerage accounts. Crypto assets are highly volatile, with complex trading rudiments. Therefore most investors find it more comfortable investing in ETFs as they protect them from direct exposure to risks in digital asset trading. Due to these benefits, crypto exchange-traded products have gained more traction. In a press release, CSOP…
Following the arrest of the former FTX boss Sam Bankman-Fried (SBF), spectators continue to wonder where ex-Alameda Research CEO Caroline Ellison is, and whether or not she turned on SBF. A few reports suggest Ellison is “likely working with feds” and it’s possibly the reason why Ellison was reportedly spotted at the Ground Support cafe in Soho. Did Caroline Rat on SBF? No One’s Heard a Peep From the Mysterious Ex-Alameda Executive Since FTX Collapsed A great deal of crypto supporters and the media have been wondering where Caroline Ellison,…
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