Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Wintermute CEO Evgeny Gaevoy has claimed that the NEAR Foundation and Aurora Labs defaulted on an initial agreement to convert $11.2 million worth of USN stablecoins. The stall of a potential resolution may… Continue reading Wintermute Raises Concerns Over Near’s Decision to Exit $11.2M Stablecoin Redemption Agreement
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Rain Lõhmus, the founder of LHV Bank in Estonia, has been linked to the ownership of 250,000 Ether units stored in an inactive cryptocurrency wallet. However, access to the stored ETH may be… Continue reading Loss of Private Key Leaves LHV Bank Founder Without Access to $473M in Ethereum Stash
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. WeWork has filed for bankruptcy ending the last few days of speculation about its future. The company was perennially loss-making and had a bloated debt pile. In its release, WeWork said that it… Continue reading WeWork Files for Bankruptcy Amid Continued Losses
In Brazil, the national cryptocurrency market is experiencing a surge in the use of stablecoins such as USDT, USDC, and BRZ, which are tokens tied to the Brazilian real.
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Hong Kong’s Securities and Futures Commission (SFC) has given the green light on the tokenization of securities and regulated funds. This milestone approval underscores the ongoing efforts of the financial authority to enhance… Continue reading Hong Kong Approves Tokenized Securities in Ongoing Digitalization Drive
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Apple (NYSE: AAPL) reported its fiscal Q4 2023 earnings last week and the stock closed marginally lower after the Cupertino-based company reported mixed earnings in the quarter. Here are the key takeaways from… Continue reading Apple Reported Mixed Q4 Earnings: Here’s How Wall Street Reacted
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US Securities and Exchange Commission (SEC) is kicking against a jury’s lenient approach toward Terraform Labs’ alleged crimes. Making its position known, the SEC is advocating for a summary judgment instead. $45… Continue reading SEC Says No to Jury Verdict, Calls for Summary Judgment on Terraform’s Violations
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. MicroStrategy has acquired an additional 155 bitcoins for $5.3 million, bringing its portfolio of 158,400 BTC to a remarkable paper gain of $900 million. This purchase of crypto assets further reinforces the company’s… Continue reading MicroStrategy’s Bitcoin Holdings Surge to $900 Million as BTC Value Rises
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Taiwan’s Criminal Bureau’s Electronic Investigation Team has busted a major crypto money laundering operation involving $324.2 million worth of USDT. The successful operation appears to be the East Asia nation’s largest crypto-related money… Continue reading Taiwanese Authorities Disrupt 324.2 Million USDT Money Laundering Scheme
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Chinese EV companies including NIO, LI Auto, Xpeng Motors, and BYD have released their October delivery reports. Here are the key takeaways from the report. NIO delivered 16,074 cars in October which was… Continue reading Key Takeaways from Chinese EV Companies’ October Deliveries
