Markets: Bitcoin, Ether drop as SEC’s Gensler says crypto firms running out of time to comply with securities laws
Bitcoin fell below US$17,000 in Thursday morning trading in Asia. The other top 10 non-stablecoin cryptocurrencies also retreated.
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S.Korea court dismisses Wemade’s injunction, local exchanges to delist WEMIX
A Seoul court has dismissed the injunction filed by Wemade Co. Ltd. to stop four local digital asset exchanges from delisting WEMIX cryptocurrency
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AAX’s future in doubt amid staff exodus and FTX contagion
Top blockchain and crypto news: AAX teeters on the brink. SBF hints at Congressional hearing no-show. Chinese court boosts NFT legitimacy.
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Judge approves subpoenas for 3AC cofounders
A federal judge overseeing the bankruptcy proceedings of Three Arrows Capital (3AC) has approved the delivery of subpoenas to 3AC’s cofounders, Su Zhu and Kyle Davies.
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Markets: Bitcoin, Ether weaken; Dogecoin leads slump across top 10 cryptos
Bitcoin and Ether fell in Asian trading on Wednesday afternoon, with Dogecoin leading declines across top 10 non-stablecoin cryptocurrencies
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Sam Bankman-Fried hires attorney Mark Cohen amid probes of failed FTX exchange
Sam Bankman-Fried, founder and former chief executive officer of the bankrupt cryptocurrency exchange FTX, has hired white-collar crime specialist Mark Cohen to represent him, said a Bankman-Fried spokesman.
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Markets: Bitcoin, Ether rise in slow trading, Solana gains on Web3 game partnership
Bitcoin edged up above US$17,000 in Wednesday morning trading, a level it has fluctuated around for much of the past week.
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Unfazed by FTX fiasco, Goldman Sachs eyes investments in crypto market
Goldman Sachs plans to spend millions of dollars to buy or invest in undervalued crypto companies in the post-FTX implosion market depression, as it sees long-term market opportunity, according to Reuters
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Hong Kong’s race to launch first crypto-linked ETF begins
Three Hong Kong-based asset management firms have applied for exchange-traded funds (ETFs) tracking Bitcoin and Ethereum futures for retail investors.
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Crypto lender Nexo to quit U.S. market over ‘regulatory unclarity’
Cryptocurrency lender Nexo will pull out of the U.S. market “due to a lack of regulatory clarity.”