Celsius feels the heat as crypto lender files for bankruptcy July 14, 2022 Cryptocurrency lender Celsius Network has become the latest big name to fall victim to a global downturn in digital asset values.
MPs launch crypto inquiry to shore up defence against market crash July 13, 2022 The influential Treasury select committee has launched an inquiry into the role of crypto-assets in the UK today as lawmakers look to shore up the UK's financial system against another crypto crash.
Exchanges responsible for stolen crypto and legal documents can be served via NFTs, High Court rules July 13, 2022 Crypto exchanges will be responsible for stolen crypto on their platforms and legal documents can be served through NFTs, the High Court of England and Wales decided yesterday. Exchanges like Binance hold cryptocurrency as trustees and are responsible for stolen crypto on their exchanges, the court held. The court’s decision also means that victims of crypto [...]
Mode Global raises £2m as it looks to recover from cashback controversy July 13, 2022 Crypto firm Mode Global said it had raised £2m today as it looks to get back on the front foot after a crypto cashback scandal last year.
Court freezes bankrupt hedge fund Three Arrows Capital’s assets as founders still missing July 13, 2022 A bankruptcy court in New York has frozen the remaining assets of failed crypto hedge fund Three Arrows Capital as its founders still seem to be missing. Federal judge Martin Glenn granted the emergency motion on Tuesday, which comes as the founders of the fund, Zhu Su and Kyle Davies, appear to be evading creditors, CNBC [...]
Advantage Ripple as judge blasts SEC’s hypocrisy July 13, 2022 Ripple's battle with the SEC has suddenly swung in the crypto company's favour with a key legal ruling over the 'Hinman speech' evidence.
Blockchain technology and its impact on the legal profession July 13, 2022 Crypto AM's Jonny Fry looks at how blockchain is being used in legal circles and the impact the technology is having.
Demand for alternative assets to rise 46 per cent over next 12 months July 13, 2022 Demand for alternative assets is set to soar by 46 per cent over the next 12 months as rising inflation sends investor interest surging. In a survey by alternative investment platform AssetTribe and market research firm Survation, 53 per cent of the 580 investors surveyed across the UK and Europe said their appetite for alternative [...]
Bitcoin holds just below $20k as sentiment remains low July 13, 2022 The price of Bitcoin (BTC) remains below $20k this morning, flat over the past 24 hours at around $19,750 this morning.
Three Arrows Capital founders seem to be missing after crypto hedge fund’s bankruptcy July 12, 2022 The founders of crypto hedge fund Three Arrows Capital (3AC) appear to have gone missing following the company’s bankruptcy. Lawyers representing the collapsed company’s creditors claimed that founders Zhu Su’s and Kyle Davies’ physical whereabouts were unknown ahead of a court hearing scheduled for today, according to court documents filed on Friday, CNBC reported. The [...]