FinanceTether’s Strategic Leap: Empowering Global Finance with $18.75M XREX InvestmentJune 6, 20240 In a bold move to bridge the financial divide, Tether has infused $18.75 million into XREX Group, aiming to revolutionize financial inclusion and... Read more
FinanceSEC’s Salt Lake City Office Closure: A Ripple Effect of the DEBT Box Legal SagaJune 5, 20240 In a surprising turn of events, the U.S. Securities and Exchange Commission (SEC) has announced the closure of its Salt Lake City office. This de... Read more
FinanceFidelity’s Crypto Custody Business Faces a Steep Revenue Decline Amid Market TurbulenceJune 5, 20240 Fidelity’s cryptocurrency custody business has reported a significant downturn, with a 60% decline in revenue and $7 million in losses. This come... Read more
FinancePioneering the Future: Thailand Embraces Crypto with First ETFJune 5, 20240 Thailand’s financial sector is poised for a transformative leap with the approval of the country’s first cryptocurrency exchange-traded fund (ETF... Read more
FinanceGameStop Saga Continues: Robinhood Restricts Buys Amid Roaring Kitty’s New BetJune 3, 20240 The trading platform Robinhood has once again found itself at the center of controversy as it imposes buying restrictions on GameStop shares. Thi... Read more
FinanceFTX’s Final Act: Liquidating Anthropic Holdings to Settle DebtsJune 3, 20240 In a decisive move within the ongoing bankruptcy saga, the FTX estate has liquidated its remaining holdings in Anthropic, the AI firm behind the ... Read more
FinanceMicroStrategy’s Q1 Conundrum: A Tale of Bitcoin and LossesApril 30, 20240 MicroStrategy, a prominent business intelligence organization, has reported a net loss of $53.1 million in the first quarter of 2024. This comes ... Read more
FinanceSouth Korea’s Crypto Tax Alert: Overseas Exchange Holdings Under ScrutinyApril 30, 20240 South Korea intensifies its oversight on cryptocurrency, urging citizens to declare assets held in overseas exchanges. This move signals the gove... Read more
FinanceBitcoin’s Balancing Act: Navigating Price Stability Amid Inflation TensionsApril 27, 20240 In the financial world where stability is often synonymous with predictability, Bitcoin’s recent price movements have painted a picture of a tigh... Read more
FinanceJohn Deaton: A Crypto Advocate’s Legal Challenge Against SEC OverreachApril 27, 20240 In a bold move that underscores the ongoing tension between cryptocurrency advocates and regulatory authorities, John Deaton, a Massachusetts Sen... Read more