Huobi Hong Kong Withdraws License Application for the Second Time
HBGL Hong Kong Limited, the entity behind Huobi Hong Kong, first withdrew and then re-submitted its application for a Hong Kong VATP license in February.
Financial
Financial
Galaxy Digital Has Strong Momentum Across All Business Lines: Canaccord
The approval of spot bitcoin ETFs was a catalyst for the increase in counterparty engagement in the first quarter as more traditional asset managers and hedge funds entered the industry, the report said.
Financial
Cahill Gordon & Reindel Beefs Up Crypto Practice, Adds 3 Crypto-Native Lawyers Including Lewis Cohen
Lewis Cohen will co-chair the firm’s digital assets and emerging technology practice alongside former SDNY prosecutor Samson Enzer.
Financial
Degen Chain Back Online After Two-Day Hiatus
The layer-3 blockchain for göğüs coins was offline for over 50 hours.
Financial
Sonne Finance Token Drops 60% After $20M Exploit on Optimism
Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.
Financial
Bitcoin DeFi Tool Alex Lab Loses $4.3M in Hack, Offers 10% Bounty for Stolen Funds
The ALEX team proposed a 10% bounty on the total stolen funds in exchange for the return of 90% of assets.
Financial
Crypto’s Election Season Is Kicking Off
Crypto is looking to play a bigger role than ever in this year’s elections. We want to know how big.
Financial
Bitcoin Fee Crash Could Lead to Faster Miner Selling, Analysts Say
Bitcoin’s mean transaction fee has reversed the post-halving Runes-led spike, squeezing miners’ revenue.
Financial
Former FTX Exec Ryan Salame Asks for Lenient 18 Months in Prison
Salame’s attorneys highlight that he wasn’t involved in the core fraud perpetuated by Sam Bankman-Fried, and he has had nearly his entire net worth destroyed by the implosion of FTX.
Financial
Vanguard, Avowedly Anti-Crypto, Said Set to Name Bitcoin-Friendly Ex-BlackRock Exec as CEO: WSJ
Samil Ramji, who led BlackRock’s ETF business including the launch of the firm’s spot bitcoin product, departed the firm in January.