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The GrayScale Bitcoin Trust is outperforming gold exchange-traded funds, a trend perhaps driven by institutional investors like family offices, according to a report by JPMorgan analysts that CoinDesk obtained.
“This contract lends support to the idea that some investors that...
The United States Department of Justice (DOJ) filed a lawsuit Thursday to stop Visa’s planned $5.3 billion acquisition of fintech firm Plaid, saying it violates antitrust laws and would eliminate competition in the online debit market.
Filed in a Northern California federal court, the...
A wallet possibly belonging to early dark net market Silk Road moved almost $1 billion worth of bitcoin early on Wednesday, according to blockchain intelligence firm Elliptic. Bitcoin address "1HQ3Go3ggs8pFnXuHVHRytPCq5fGG8Hbhx" transferred 69,369 BTC to an unknown wallet. The transaction was...
The U.S. government is seeking harsh sentencing for the founder of the company behind a fraudulent, celebrity-promoted initial coin offering from 2017.
U.S. federal prosecutors are pushing for a heavy prison sentence to be levied against one of the founders of Centra Tech — the...
The top officers of HDR, the parent company of crypto trading platform BitMEX, which has been charged with facilitating unregistered trading and other violations, systematically looted $440,308,400 from HDR accounts, a civil lawsuit claims. A spokesperson for HDR called the claims...
Investors who say they lost hundreds of thousands of British pounds in an alleged cryptocurrency fraud have had no luck persuading the police that there was, in fact, a crime committed.
According to an investigation by the Metro newspaper published Tuesday, a number of investors said...
A survey conducted by digital asset manager Grayscale Investments suggests investor interest in bitcoin is on the rise and the top cryptocurrency by market cap is well on its way toward mainstream adoption.
Released Tuesday, Grayscale's "Bitcoin Investor Study" revealed more than...
Alibaba Group founder Jack Ma criticized global financial regulations for stifling innovation and urged China to seek a system that accommodated development.
“After the Asian financial crisis, the risk control highlighted in the Basel Accords has been” the priority for regulators, Ma...
Digital asset manager Grayscale Investments has acquired an additional $300 million in cryptocurrencies over the last 24 hours.
Grayscale CEO Barry Silbert made the announcement via tweet late Thursday evening, shortly after his company posted an update to its digital asset...
Call it Crypto Lite – for now.
Fintech giant PayPal confirmed its long-awaited move into digital assets Wednesday, offering its 346 million users the chance to buy, hold and sell bitcoin, bitcoin cash, ether and litecoin, with the blessing of New York state regulators.
While...
This week saw more exchange drama rock the crypto markets.
OKEx, one of the industry’s largest crypto-fiat exchanges, suspended all cryptocurrency withdrawals, saying one of the exchange’s key holders has “been out of touch” with the exchange because they are “currently...
OKEx has suspended all cryptocurrency withdrawals indefinitely, saying one of the exchange’s key holders has “been out of touch” with the exchange because they are “currently cooperating with a public security bureau in investigations.” OKEx’ CEO later said the investigation is due to...
Coinbase’s chief compliance officer (CCO), Jeff Horowitz, is leaving the firm after two years.
First reported by The Block, Horowitz joins at least 60 other employees in leaving the exchange – roughly 5% of the company's headcount.
The majority of those departures come in...
This week the U.K.’s Financial Conduct Authority (FCA), which regulates the country’s financial services, issued a ban on the sale of crypto derivatives and ETNs to retail investors.
While this may not seem particularly material to crypto asset markets overall – U.K. retail...
The Netherlands has imposed tight regulations related to EU anti-money laundering laws.
The central bank of the Netherlands, De Nederlandsche Bank NV (DNB), has granted AMDAX BV the ability to operate under its jurisdiction.
This marks the first time a digital asset company...
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