Crypto Enthusiasts Suffer From ‘Eye Burn’ After Attending Bored Ape NFT Hong Kong Bash
Yuga Labs, the company behind the Bored Ape non-fungible tokens (NFTs), is investigating reports of “eye burn†from bright light displays at its recent ApeFest event in Hong Kong. The event, targeting NFT holders, was attended by approximately 2,250 guests,…
Bitcoin Analyst Forecasts Unusual Rally Ahead Of 2024 Halving: What Traders Should Watch
Cryptocurrency analyst Jason Pizzino has suggested that Bitcoin (CRYPTO: BTC) may be gearing up for an ‘abnormal’ price movement. Pizzino’s analysis on his YouTube channel is based on his interpretation of certain market indicators, which point to a potential setup…
Falling on deaf ears? The FCA warns crypto asset firms again
By Crypto AM: Industry Voices by James Morris, Managing Associate in Linklaters’ Financial Regulation Group Another week, another warning from the Financial Conduct Authority (FCA) to crypto asset firms. In its latest update on October 25, the FCA specifically called…
Inside a Crypto Fugitive’s Luxury Life on the Lam
South Korean crypto tycoon Do Kwon is giving Sam Bankman-Fried a break from headlines this week as the Wall Street Journal profiles his elusive international escape after his company Terraform Labs went belly up last year. For a little backstory,…
Warren Buffett Makes $250 Million from Crypto-Involved Nubank: He Once Said ‘Cryptocurrencies Basically Have No Value’
Warren Buffett, a long-time critic of cryptocurrency who once said it’s “rat poison squared,” has profited substantially from his investment in Nubank, a financial institution with multiple crypto-related services. Nubank is a leading fintech platform in South America, serving more…
British Regulators Relegate Crypto To The Basement With Stablecoins Under Fire
Financial regulators are scrutinizing stablecoins tied to the British pound, citing concerns about their potential impact on the stability of the financial system. Authorities outlined their approach to managing risks associated with these digital assets, which would fall under the…
FTX seeking approval to sell funds from Grayscale and Bitwise
FTX seeks to sell $744 million in Grayscale and Bitwise assets amid its bankruptcy proceedings. The asset sale aims to prepare for creditor payouts and minimize price volatility risks. FTX founder Sam Bankman-Fried was recently found guilty of all the…
SEC Can’t Find Crypto Policemen Due To This Pesky Rule
The U.S. Securities and Exchange Commission’s Office of the Inspector General highlighted significant challenges faced by the agency in recruiting experts in the field of cryptocurrencies. Due to ethical rules that prohibit staff from holding investments in the areas it…
Stock Market On Cusp Of Crashing, Crypto Is Better Investment, Suggests Pantera’s Dan Morehead
Last Friday, Dan Morehead, the chief executive of Pantera Capital, made a bold prediction that could send ripples through the investment community. What Happened: Morehead said he foresees a potential crash in the stock market and suggested that cryptocurrencies may…
FXT Token (FTT) plummets after SBF was found guilty
FTX token (FTT) plummets to $1.1579 after founder SBF’s fraud verdict. SBF was found guilty on all seven counts after a 15-day trial. Sam Bankman-Fried sentencing is scheduled for March 28, 2024. The price of FXT Token (FTT) has taken…