Category: Uncategorized

Nevada Places Crypto Custodian Prime Trust Into Receivership
Nevada’s Financial Institutions Divisoin filed to appoint a receiver for crypto custodian on Prime Trust, the regulator announced on Tuesday.

Jack Dorsey Questions Apple's Tim Cook Over Bitcoin Support as Damus Deplatforming Looms
Apple cited violations of its in-app purchase guidelines as the primary reason for the delisting, according to Damus founder William Casarin.

First Leveraged Bitcoin ETF in U.S. Sees .2M in Trading Volume Since Debut
The ETF saw $500 million worth of trades in the first 15 minutes.

ADA, SOL Underperform as Robinhood Gets Set to Delist Them Amid SEC Crackdown
Cryptocurrencies Cardano (ADA) and Solana (SOL) fell more than the broader crypto market on Tuesday, just before trading app Robinhood was set to delist them later in the day at 6:59 p.m. ET.

Judge Rejects FTX Founder Sam Bankman-Fried's Motions to Dismiss Criminal Charges
U.S. Judge Lewis Kaplan denied several of Sam Bankman-Fried’s motions to dismiss criminal charges against him. He had previously denied the FTX founder’s remaining motions to dismiss charges.

Bitcoin Briefly Pushes Above K After Fidelity Spot ETF Report
Fidelity previously applied for a spot bitcoin ETF in 2021, but the effort was rejected by the SEC.

Bitfinex Launches Peer-to-Peer Trading Platform in Argentina, Colombia and Venezuela
Users will be able to buy and sell bitcoin, ether, USDT, EURT and XAUT.

Three Arrows Capital Liquidators Seek .3B From Bankrupt Hedge Fund's Founders: Bloomberg
The fund founded by Su Zhu and Kyle Davies suffered big losses on the collapse of the Terra ecosystem starting in May 2022 and took on additional leverage despite already being insolvent, the liquidators say.

The Second FTX Asset Recovery Report Is Packed With Bombshells
New claims put FTX and Alameda Research founder Sam Bankman-Fried and his friends even closer to the center of a brazen conspiracy.

Don’t Overlook Tokyo and Hong Kong as Crypto Hot Spots
The two Far East financial hubs take a comprehensive approach to overseeing crypto, and are likely to attract businesses from around the world. They don’t appear on CoinDesk’s Crypto Hubs 2023 ranking of the 15 best places to live and work for crypto professionals, but they should not be ignored.