CoinShares’ subsidiary and broker-dealer registered with FINRA will be conducting marketing activities for the new hedge fund division in the United States. Major European cryptocurrency asset manager CoinShares is launching a hedge fund division in the United States despite the country’s tough crypto regulation climate. CoinShares officially announced the news on Sept. 22, stating that...Continue Reading

The crypto analytics provider says a security breach of a third-party vendor has affected nearly 7% of users in the system who were promptly informed of the incident. Prominent crypto and blockchain analytics company Nansen posted on social media platform X (formerly Twitter) that one of its third-party vendors suffered a security breach affecting 6.8%...Continue Reading

The deal was first finalized in August, with Anchorage as another party agreeing to an equity stake in the bankrupt crypto miner. Cryptocurrency mining hardware maker Bitmain and bankrupt crypto mining firm Core Scientific have agreed on a combination of equity and cash to finalize the deal on expanding mining facilities.   The deal between the two...Continue Reading

The report highlighted that Bitcoin mining can convert wasted methane emissions into less harmful emissions. A paper published by the Institute of Risk Management (IRM) concluded that Bitcoin (BTC) has the potential to be a catalyst for a global energy transition.  IRM Energy and Renewables Group members Dylan Campbell and Alexander Larsen published a report...Continue Reading

It’s hard to know how much a collapsed crypto firm like FTX would be worth by the time its bankruptcy is resolved. The bankruptcy claims market has been growing bullish on the debts of the collapsed cryptocurrency exchange FTX as major credit investors have been rushing to buy FTX debts. Investors like Silver Point Capital,...Continue Reading

Bankrupt crypto exchange FTX has opened a lawsuit against former employees of its Hong Kong affiliate company, Salameda, to recover $157.3 million. Defunct cryptocurrency exchange FTX filed a lawsuit on Sept. 21 against former employees of the Hong Kong-incorporated company Salameda, which was previously affiliated with the FTX group, according to court documents. The court...Continue Reading

Bitcoin’s 150% gains over the last two years in Argentine pesos is no match for the country’s 300% inflation in the period. Argentina has grappled with hyperinflation for several decades due to failed policies that have led to budget deficits. As time marches on, the likelihood of Argentina — home to 47 million people —...Continue Reading

Potential implications around financial stability, lower market appeal and mainstream use of stablecoins were the main concerns highlighted by the author of the report. The European Parliamentary Research Service (EPRS) highlighted the need for tighter oversight from non-European Union (EU) regulators to ensure greater stability and development in the global cryptocurrency market. MiCA implementation timeline....Continue Reading

The tool will monitor crypto wallets and alert the Indian Ministry of Home Affairs about irregular transactions, according to a report. The Indian Ministry of Home Affairs (MHA) is reportedly developing a crypto intelligence tool in response to the rise in illegal activities related to cryptocurrencies in the country.  According to a CNBC report, the...Continue Reading

Poland’s data protection watchdog has confirmed it has opened an investigation into OpenAI over a complaint it received from an applicant. Poland’s Office for Personal Data Protection has opened an investigation into a complaint against OpenAI’s ChatGPT, with an unnamed applicant accusing the firm of processing data in an “unlawful, unreliable manner.” In a statement...Continue Reading