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Inflows of $700 million observed in crypto funds as GBTC influence diminishes

Theon Barrett2 years ago3 min read

Crypto Funds See Inflows of $708 Million Crypto funds managed by BlackRock, Bitwise, Fidelity, Grayscale, ProShares, and 21Shares experienced inflows of $708 million globally last week,…

How Crypto Markets Could Gain from Expected May Fed Rate Cuts, According to Analyst

Theon Barrett2 years ago3 min read

Bitcoin Posts Uptick Above $43,000 as Markets Anticipate Fed Rate Cut Bitcoin saw an increase in price on Monday, surpassing the $43,000 mark. This rise comes…

Extradition of Terraform Labs’ Former CFO to South Korea

Theon Barrett2 years ago2 min read

The Extradition of Han Chang-joon Han Chang-joon, the former CFO of Terraform Labs, a now-defunct crypto firm, has been extradited from Montenegro to South Korea. This…

Frames launch drives Farcaster’s daily active users to record levels

Theon Barrett2 years ago3 min read

Daily Active Users on Farcaster Surge as Frames Launch Daily active users on the Ethereum Layer 2 Optimism-based decentralized social protocol Farcaster have surged nearly tenfold…

Important Reminder for Crypto Investors in Hong Kong: Verify Platform Status Ahead of Licensing Deadline

Theon Barrett2 years ago2 min read

Hong Kong’s Regulator Sets Deadline for Crypto Trading Platforms Hong Kong’s top financial regulator, the Securities and Futures Commission (SFC), has reminded crypto trading platforms to…

Bitcoin’s Monthly Trading Volume Reaches New High in January, Surpassing Levels of September 2022

Theon Barrett2 years ago2 min read

The Largest Value of BTC Moved on-Chain Since September 2022 In January 2024, the largest amount of value in Bitcoin (BTC) was moved on-chain since September…

Unlocking $800 Million: Avalanche, Optimism, Aptos, and More Set for February

Theon Barrett2 years ago2 min read

Aptos Unlocking Tokens Worth $222 Million Aptos, a Layer-1 network that originated from Facebook’s Libra project, is set to unlock nearly 25 million tokens worth $222…

Final Judgment in Lawsuit Requires Ryder Ripps to Pay Yuga Labs $9 Million

Theon Barrett2 years ago2 min read

Ryder Ripps and Jeremy Cahen Ordered to Pay Yuga Labs $9 Million in Lawsuit Settlement Ryder Ripps and Jeremy Cahen, the creators of the “copycat” RR/BAYC…

Genesis seeks approval from bankruptcy court for $1.4 billion GBTC shares sale

Theon Barrett2 years ago2 min read

Bankrupt Crypto Lender Genesis Global Capital Seeks Approval to Sell $1.6 Billion in Trust Assets Genesis Global Capital, a bankrupt crypto lender, has filed a motion…

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