Tag: Report

Lawyer Requests Interpol Red Notice For Libra Founder Hayden Davis: Report

A lawyer in Argentina has requested an international arrest order for Hayden Davis, the founder of memecoin LIBRA, Buenos Aires newspaper Pagina 12 reported on Thursday. Attorney Gregorio Dalbon raised the procedural risk of U.S. citizen Davis remaining at large and of his financial resources allowing him to stay in hiding, according to the report. The lawyer therefore requested that “the international arrest of Davis be ordered and that an Interpol red notice be issued in order to locate and arrest him, with a view to his extradition,” in a…

EU watchdogs scrutinizing OKX over $100M in Bybit laundered funds: Report

boss

European Union regulators are reportedly looking into a service offered by crypto exchange OKX that may have played a role in the laundering of $100 million in funds from the Bybit hack, according to Bloomberg. A March 11 Bloomberg report citing people familiar with the matter claims that national watchdogs from the EU’s member states discussed the issue during a March 6 meeting hosted by the European Securities and Markets Authority’s Digital Finance Standing Committee. The issue appears to be OKX’s decentralized finance platform and wallet service. On Jan. 27,…

Report: SEC Retreats From Plan to Classify Crypto Firms as Trading Systems

The U.S. Securities and Exchange Commission (SEC) is moving to abandon a proposed rule that would have required certain cryptocurrency firms to register as alternative trading systems (ATS), according to acting Chair Mark Uyeda. SEC Shifts Stance on Crypto Regulation The decision, Reuters reported on Monday, marks a shift from the agency’s 2022 effort under […] Source CryptoX Portal

Singapore Exchange to list Bitcoin futures in H2 2025: Report

boss

Singapore Exchange (SGX), the largest exchange group in Singapore, reportedly plans to debut Bitcoin perpetual futures in the second half of 2025. SGX is working to introduce Bitcoin (BTC) perpetual futures for institutional and professional investors in an effort to “expand institutional market access,” Bloomberg reported on March 10. A spokesperson at SGX reportedly said that the company expects to offer a trusted alternative for trading cryptocurrency futures with its Aa2 rating by Moody’s Ratings. Strictly restricting retail investors, SGX’s planned Bitcoin products are awaiting approval from the Monetary Authority…

US housing dept mulls blockchain, stablecoin to pay and monitor grants: Report

The US Department of Housing and Urban Development is reportedly looking to experiment with using blockchain and a stablecoin for some of its functions. The department, whose duties include overseeing social housing, has so far discussed the possibility of using blockchain to monitor grants, ProPublica reported on March 7, citing a meeting recording, documents and three officials familiar with the matter.  Also discussed was the idea of experimenting with paying a HUD grantee using a stablecoin, which could first be tested in one of the department’s offices before being applied…

Crypto Exchange Gemini Quietly Files for IPO With Goldman Sachs and Citigroup: Report

boss

The crypto exchange founded by billionaire twins Tyler and Cameron Winklevoss has reportedly filed for an initial public offering (IPO). Citing people familiar with the matter, Bloomberg reports that Gemini is working with the investment banking titans Goldman Sachs and Citigroup in its efforts to quietly go public. The anonymous sources also say that discussions are still ongoing and no final decision has been made concerning an IPO. An IPO is typically underwritten by investment banks, which also arrange for the shares to be listed on stock exchanges. Last month,…

Only 4% of the world’s population holds Bitcoin in 2025: Report

boss

Only 4% of the global population currently holds Bitcoin (BTC), with the highest concentration of ownership in the United States, where an estimated 14% of individuals own BTC. According to a research report from River, a BTC financial services company, North America remains the continent with the highest adoption rate among individuals and institutions, while Africa is currently the lowest at only 1.6%. Overall, BTC adoption tended to be higher in more developed regions than in developing regions. River estimates that BTC has only achieved 3% of its maximum adoption…

SBF sent to solitary confinement over Tucker Carlson interview: Report

boss

Former FTX CEO Sam “SBF” Bankman-Fried has reportedly been sent to solitary confinement after taking part in an interview with right-wing political commentator Tucker Carlson, which was not approved by prison authorities. “This particular interview was not approved,” a representative for the US Bureau of Prisons told The New York Times on March 7. Bankman-Fried did not receive permission to take interview According to a person briefed on the situation, after Bankman-Fried’s interview with Carlson was published, he was sent to solitary confinement at Brooklyn’s Metropolitan Detention Center, where he…

Donald Trump’s memecoin generated $350M for creators: Report

boss

US President Donald Trump’s cryptocurrency project has generated at least $350 million in revenue from the launch of the Official Trump (TRUMP) memecoin, according to an analysis by the Financial Times. Entities involved in operating the TRUMP memecoin have earned at least $314 million from token sales and $36 million from fees on the Solana blockchain, the FT reported on March 7. While Trump’s personal profit remains unclear, the memecoin’s official website, Gettrumpmemes.com, states that The Trump Organization-affiliated CIC Digital and Delaware-based Fight Fight Fight collectively own 80% of the…

This Bitcoin Price Range Could Be The Bulls’ Final Defense Line, Report Says

boss

Este artículo también está disponible en español. A report from the on-chain analytics firm Glassnode has revealed a Bitcoin price region that could prove to be crucial for the bulls. Several Key Bitcoin Metrics Are Pointing At The Same Price Range Right Now In its latest weekly report, Glassnode has discussed the Bitcoin investor cost basis from various angles. The first indicator that the analytics firm has shared is the “UTXO Realized Price Distribution” (URPD), that basically tells us about how the BTC supply is distributed among the different price…