Cryptocurrency News
Andrew Tate Says He Made $85 Million During Last Bull Run, Advocates for Innovative Blockchain Projects
Andrew Tate earned a staggering $85 million during the last bull run by investing in decentralized exchange PancakeSwap. In a recent post on X, Tate emphasized the importance of distinguishing between speculative meme coins and genuinely innovative blockchain projects. “There’s meme coins that’s great. But each bull run there are the…
Read More »FTX Creditors Submit Impact Statements Before Bankman-Fried’s Sentencing, Highlighting Devastating Consequences
The Department of Justice (DOJ) has filed dozens of victim impact statements in the criminal case against Sam Bankman-Fried ahead of his sentencing. In the filings, victims of FTX’s collapse expressed their anguish, claiming that the event robbed them of financial security, inflicted emotional distress, and eroded their trust in the financial system. …
Read More »Southeast Asian e-Hailing Giant Grab Brings Crypto Payments to Singapore
Grab, Southeast Asia’s leading e-hailing and food app, is now letting Grab Pay users in Singapore to seamlessly top up their e-wallet balances using cryptocurrencies. In partnership with digital assets payment provider Triple-A, Grab integrated the feature on March 12, the Straits Times reported. Triple-A, which raised $10 million in…
Read More »Tokenize Xchange Secures $11.5 Million in Series A Funding to Expand in Singapore
Tokenize Xchange, a crypto exchange founded in 2017, has successfully raised $11.5 million in a latest funding round for expansion in Singapore. According to a recent report by The Straits Times, the Series A, Phase 2 funding round was led by the local venture capital firm Trive with other participants…
Read More »Japan’s Pension Fund Weighs Bitcoin and Gold for Investment Diversification
Japan’s Government Pension Investment Fund (GPIF) said Tuesday that it is seeking information regarding diversifying into illiquid assets such as Bitcoin, gold, forests, and farmland. The GPIF aims to refine its core investment portfolio with a focus on long-term sustainability, taking into account major economic and social shifts. It plans…
Read More »Binance Receives Court Order to Release Nigerian Traders’ Data
A Nigerian court ordered Binance to furnish detailed information regarding all Nigerian traders on its platform to the Economic and Financial Crimes Commission (EFCC). Local outlet Peoples Gazette reported Monday that Justice Emeka Nwite issued the interim order following EFCC lawyer Ekele Iheanacho’s ex parte motion. The ex parte motion…
Read More »Galaxy Surpasses $10 Billion in AUM as Institutional Interest in Digital Assets Skyrockets
Galaxy Asset Management, a prominent crypto investment firm, has surpassed $10 billion in assets under management (AUM) amid a surge in institutional interest in digital assets. In a recent post on X, Galaxy Digital CEO Mike Novogratz said the company has made continuous progress in providing investor access to the expanding…
Read More »Binance Ex-CEO CZ Launches New Educational Platform ‘Giggle Academy’
The face and former CEO of the world’s largest crypto exchange Binance – Changpeng Zhao, aka CZ – has launched his new venture dubbed ‘Giggle Academy.’ CZ, who stepped down as the CEO of Binance in November, announced Monday the launch of his new educational project. CZ pled guilty to…
Read More »Crypto Council Files New Amicus Brief Supporting Coinbase’s Legal Battle With SEC
The Crypto Council for Innovation (CCI) has filed an amicus brief on March 18 in support of Coinbase challenging the Securities and Exchange Commission (SEC) denial of its rulemaking petition. In December 2023, the SEC denied Coinbase’s petition for rulemaking. Coinbase has argued that the SEC has acted arbitrarily. An…
Read More »GBTC Sees $643M Outflow in a Day as Bitcoin Price Drops Below $65K
Grayscale’s spot Bitcoin exchange-traded fund (ETF), GBTC, has seen the biggest outflow on March 18 as Bitcoin price continues to drop. As per BitMEX Research, a total amount of $643 million exited Grayscale Bitcoin ETF on the day. Bloomberg Intelligence ETF analyst Eric Balchunas stated that it is the “biggest…
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