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Spot Bitcoin ETFs Sees 7th Consecutive Day of Outflow Streak
Bitcoin ETFs in the US saw $34.4 million net outflow on May 2nd, a significant drop from the previous day’s record $563.7 million. Interestingly, BlackRock and Fidelity’s Bitcoin ETFs, ranking 2nd and 3rd in terms of total net assets, saw zero net flows on Thursday
Australian Regulator Secures First Victory in Non-Cash Payment Case Involving Crypto
The Australian Securities & Investments Commission (ASIC) has reached a significant legal milestone in a case concerning non-cash crypto payments.
US Senators and Lawmakers Have No Issue with Crypto Privacy, Says Railgun Researcher
Railgun researchers said that US regulators and prosecutors haven’t unleashed a crusade against crypto privacy protocols and were largely positive and genuinely interested in understanding developments in the broader crypto market.
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Dutch Authorities Arrest ZKasino Scam Suspect, Seize $12.2M
Dutch authorities have made an arrest in connection to the recent scam around the relatively new crypto project ZKasino. The suspect’s detention has been extended for an additional 14 days.
Former FTX Executive Surrenders $5.9M Bahamas Property in Plea Deal
In a significant development within the bankruptcy proceedings involving the defunct exchange FTX and its debtors, Ryan Salame, former co-chief executive of the company, has agreed to forfeit his $5.9 million Bahamas property as part of a plea deal in a criminal case.
Friend.Tech Launches V2 Upgrade Alongside Native Token Airdrop
Decentralized social network Friend.Tech just bagged a new upgrade by pushing out its new naive token for trading on its native decentralized exchange on the Base network. According to DexScreener, the new token is currently trading at $3 with a total circulating supply of 14.5 million.
Thai Police Cracks Down on Illegal Bitcoin Mining, Seizes $2.5M Worth of Equipment
In their latest crackdown, the Thai police recovered 690 units used for Bitcoin mining machines vaued at 2.54 million SGD. The police is also conducting raids at multiple locations.
Organizations
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Bybit
Bybit is a global cryptocurrency derivatives excha...
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Birkenstock Group B.V. & Co. KG
Birkenstock is a wholesale company specializing in...
Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance
This collaboration with Chainalysis provides Tether with advanced tools to detect transactions involving sanctioned entities and track the activities of major token holders.
Why FuturesAI Is Missing Piece in Your Crypto Trading Journey
At the core of FuturesAI lies its sophisticated proprietary AI-optimized engine, a powerful tool that goes beyond a simple order placement, acting as your crypto trading assistant.
Arthur Hayes Says Bitcoin Bottom Is In, Predicts Slow but Steady Climb Back Up
Hayes claims that the rise in BTC price will be driven by increased dollar liquidity from the Federal Reserve’s quantitative tightening taper and the US Treasury’s debt issuance plans.