Shareholders did not respond well after Japanese investment firm Metaplanet announced the addition of its Bitcoin Treasury Operations as a new core business line. Building on months of preparation and shareholder approvals, the company is doubling down on Bitcoin (BTC) as both a financial asset and revenue driver as the world’s largest crypto soars to…
A South Korean lawmaker has fallen from grace, sentenced to six months in prison for hiding $7.5 million worth of crypto. Kim Nam-kook, a former Democratic Party member, reportedly manipulated his asset declarations during his tenure in the National Assembly to cover up the fortune he amassed from crypto trading. During hearings at the Seoul…
Coinbase has thrown a legal argument against a lawsuit from Bit Global Digital Limited, which aims to overturn Coinbase’s choice to drop wrapped bitcoin (WBTC) from its exchange. Coinbase Defends Its Decision to Delist WBTC In a court filing submitted on Tuesday, Coinbase defended its action, claiming it was a necessary step to shield its…
Dentons, a global law firm with practices recently ranked Tier 1 by The Legal 500 in 2024, presented its Global Financial Markets Regulatory Review for the September 2024 edition. It provides critical regulatory developments in the financial markets around the world. This post will highlight legal developments in the financial market of the United States….
While the crypto market is on fire with Bitcoin hitting an all-time high of $107K, Binance is in yet another legal scoop with the Australian Securities and Investments Commission (ASIC) against Binance Australia Derivatives, accusing the exchange of failing to protect its users. ASIC claims that Binance misclassified over 500 retail investors as wholesale clients,…
At the moment, Bitcoin has been placed on a path towards a new high due to a projection by Bitfinex analysts; the price is expected to jump to $200,000 by mid-2025. According to the report, the reason for this overly positive expectation is that institutional demand will continue to be strong due to increased adoption…
– Advertisement – The cryptocurrency market is heating up once again, and any smart crypto enthusiast will want to capitalize on the rallies of the top crypto gainers of the moment. This article considers three of those coins – Monero, Algorand, and Lunex Network. Which of these projects are worthy to be in your portfolio?…
Bybit Introduces Private Wealth Management Service for High-Net-Worth Clients – BitcoinWorld Skip to content Home Press Release Bybit Introduces Private Wealth Management Service for High-Net-Worth Clients Source link
A new phishing campaign is reportedly targeting Ledger hardware wallet users through fake data breach notification emails. Security researchers at BleepingComputer reported that scammers are sending emails that appear to come from Ledger’s official support address to users. According to them, the message claims users must verify their recovery phrases due to a security breach….
Dubai, United Arab Emirates, December 18th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the launch of its Private Wealth Management (PWM) service, tailored to meet the unique needs of high-net-worth individuals and institutional clients. This customized offering reflects Bybit’s commitment to delivering premium financial solutions that empower…
U.S. plans to establish a Strategic Bitcoin Reserve (SBR) to diversify reserve assets. Federal Bitcoin holdings will be consolidated into the SBR for national financial security. A procurement program will manage Bitcoin as a permanent U.S. reserve asset. The Bitcoin Policy Institute has drafted an executive order for the Trump administration, aiming to integrate Bitcoin…
Spot exchange-traded funds (ETFs) are gaining traction in the U.S. cryptocurrency market, fueled by substantial institutional interest. Recent offerings for Bitcoin and Ethereum spot ETFs have drawn considerable investments, significantly impacting the crypto landscape. BlackRock’s active role in this sector is notably boosting confidence among investors. What are the Recent Trends in Bitcoin ETFs? On…
December 18, 2024 at 03:15 PM GST updated: December 17, 2024 at 07:07 PM 5 mins read Press Release The meme coin market remains one of the most exciting playgrounds for crypto investors. While giants like Pepe Coin (PEPE) and Shiba Inu (SHIB) continue to evolve and capture headlines, there’s a rising star stealing the…
Global businesses are increasingly turning to stablecoins to streamline payments and improve financial infrastructure. London-based stablecoin provider BVNK secured $50 million in a Series B funding round to expand operations into the US, while payroll platform Remote introduced USD Coin (USDC) payments for contractors in 69 countries. Global Payroll Provider Remote Introduces USD Coin Payments…
The crypto market is experiencing a mixed performance today, with leading cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) facing slight declines, while some altcoins show promising gains. Here are the latest highlights: Bitcoin and Ethereum Lead Market Trends Bitcoin (BTC) is down by 1% today, trading at $105,368. The daily low and high were recorded…
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and one entity linked to a network that launders millions of dollars in illicit funds generated by Democratic People’s Republic of Korea (DPRK) information technology (IT) workers and cybercrime, all in support of the DPRK government. Lu Huaying and…
Home » Journal » Bybit Introduces Private Wealth Management Service for High-Net-Worth Clients Dubai, United Arab Emirates, December 18th, 2024, Chainwire Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the launch of its Private Wealth Management (PWM) service, tailored to meet…
Spot ETFs in the United States continue to attract attention in the cryptocurrency market. The ongoing offerings for Bitcoin $104,262 and Ethereum $3,866 spot ETFs are drawing significant investment. This trend, led by BlackRock, positively influences the cryptocurrency sector. Spot Bitcoin ETFs Experience Record InflowsSpot Ethereum ETFs Also Attract Attention Spot Bitcoin ETFs Experience Record…
Pudgy Penguins (PENGU) skyrocketed 502.50%, leading the market with $2.15B trading volume. Acet (ACT) and Peanut (PNUT) struggle, reflecting mixed sentiment in volatile markets. Secondary tokens like VANA and CULT face steep losses amid cautious trading activity. New crypto listings have shown mixed results in the volatile market. Pudgy Penguins (PENGU) is a standout performer,…
As Bitcoin continues to break new records, this rally is expected to gain further momentum in 2025. At this point, while high levels such as $180,000 – $200,000 are among the estimates, Bitwise CIO predicted that Bitcoin could reach $500,000. Bitcoin (BTC) Could Reach $500,000! Bitwise’s Chief Investment Officer (CIO) Matt Hougan said in a…