Get ready: Roughly $3 billion in Bitcoin options contracts will expire later today. But what does that mean for the price of the biggest cryptocurrency? At the time of writing, Bitcoin was up 0.2% in the past 24 hours—trading hands for $26,921, according to CoinGecko. The asset has brought the rest of the market with it, with most digital coins…
Co-founder of Three Arrows Capital (3AC) Su Zhu was arrested in Singapore when attempting to leave the country, Cointelegraph has learned from Teneo, the joint liquidator of the bankrupt hedge fund. In a statement, Teneo announced that Zhu “was apprehended at Changi Airport whilst attempting to travel out of Singapore following a committal order granted by the Singapore Courts against…
Bitcoin stubbornly refuses to give up its latest gains as BTC price seeks to flip $27,000 to support into September’s last Wall Street open. Source: https://cointelegraph.com/app/public/index.php/news/bitcoin-shorts-burning-btc-price-hold-27k
By merging Web3 and artificial intelligence, Vivoka is introducing a new way to collect data to train our robot overlords. Under the leadership of William Simonin and the voice-recognition acumen of Vivoka, the company has just rolled out the private beta for its new project “Ta-Da,” a play on the word data. Public beta is expected next quarter. “Through ‘Ta-da,’…
By merging Web3 and artificial intelligence, Vivoka is introducing a new way to collect data to train our robot overlords. Under the leadership of William Simonin and the voice-recognition acumen of Vivoka, the company has just rolled out the private beta for its new project “Ta-Da,” a play on the word data. Public beta is expected next quarter. “Through ‘Ta-da,’…
European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new market. On Sept. 22, CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, marking the first time the firm introduce its offerings to qualified U.S. investors. CoinShares’ entrance into the U.S. market comes at a time when…
SBI Holding and TradeFinex will look to drive trade finance adoption of EVM-compatible enterprise blockchain XDC Network through a new joint venture in Japan. UAE-based firm TradeFinex operates its own decentralized platform operating on the XDC Network for trade finance originators to connect to a variety of banks and lending institutions. Aimed at enterprise use cases, TradeFinex is primarily focused on…
The FTX bankruptcy lawsuit reached a key juncture in the second week of September after the United States Bankruptcy Court for the District of Delaware approved the sale of $3.4 billion worth of crypto assets. The court also approved $1.3 billion in brokerage and government-recovered assets as part of the liquidation process, with $2.6 billion in cash bringing the total…
Institutional DeFi player OpenTrade is launching a tokenized treasury bill product for accredited investors. The company will be utilizing Perimeter Protocol, an open-source platform developed by Circle, to expand USDC into the world of real world assets (RWA). “USDC can add a bunch of efficiencies into the traditional finance sector,” said Jeff Handler, OpenTrade’s co-founder and chief commercial officer. Handler…
Amid growing skepticism about CommEx — Binance’s mysterious buyer in Russia — the newly launched firm has continued denying Binance’s ownership involvement. On Sept. 29, CommEx issued an open letter to the community, reiterating that the company is not owned by Binance, which announced its exit from Russia by selling the firm to CommEx. “Although we do not disclose our…
