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Tag: bloomberg report

FTX to Auction Off Remaining Solana (SOL) Tokens: Report

Bankrupt cryptocurrency exchange FTX is looking to offload its remaining Solana native tokens, SOL, via an auction this week. According to a Bloomberg report, people...

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Ethena’s USDe Token: Debating the Risks and Rewards of High-Yield Crypto

A relatively new cryptocurrency project called Ethena is reportedly capturing attention by adopting a hedge-fund trade approach, drawing significant investments and generating buzz. Despite...

SEC Gains Court Victory Against Terraform Labs and Do Kwon: Report

Although the US has yet to win the extradition victory against South Korea for Do Kwon, a New York court has already ruled against...

Laundering $400 Million of OneCoin Proceeds Lands Compliance Chief in Prison

In a recent development in the ongoing saga of the OneCoin cryptocurrency scam, Irina Dilkinska, the former head of legal and compliance for the...

Crypto VC Comeback: Paradigm, Galaxy Digital to Raise Millions for New Funds

The firm, co-founded by Coinbase co-founder Fred Ehrsam and former Sequoia partner Matt Huang, is looking to tap into institutional interest in the space...

Forget HODLing? Quantitative Hedge Funds Use Crypto Volatility to Further Gains

Buying and holding Bitcoin has, for believers in the flagship cryptocurrency, been a profitable strategy this year with BTC moving up over 56% year-to-date....

Post-FTX Scandal: What Becomes of Ellison, Singh, and Wang?

In the aftermath of the FTX scandal, a narrative unfolds around three individuals closely linked to Sam Bankman-Fried. As Bloomberg reported recently, Caroline Ellison,...

Short Sellers Bet $11 Billion Against Crypto Stocks Despite Rally

Amidst the dramatic surge in Bitcoin, short sellers are not backing down from their pessimistic bets on cryptocurrency-related stocks, wagering billions in anticipation of...

Apple is Building an App Store for AI Products

Apple is reportedly working on an AI App Store for June unveiling among a host of AI products as the iPhone maker makes bold...

Bitcoin Halving Sparks Migration of US Mining Equipment to Low-Cost Power Countries: Report

As the much-anticipated Bitcoin halving event looms in late April, a migration of outdated mining equipment from the United States to regions offering cheaper...

Argentinians Turn to Bitcoin Amid Increasing Inflation Rates: Report

In the face of relentless inflation and economic instability, Argentinians are increasingly turning to Bitcoin as a refuge, with recent data indicating a surge...

Philippines Hits $10 Billion Record in Retail Treasury Bonds | BitPinas

The Philippines achieved a milestone with over $10 billion raised through Retail Treasury Bonds, according to a recent Bloomberg report; PDAX confirms inclusion of...

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