Following a three week shutdown, CoinFLEX said it was opening limited withdrawals to the tune of 10% Certain derivatives contracts and open positions on the platform will be closed until further notic...
Tag: Assets
Ukraine seizes $3 million in cash, other assets from crypto traders accused of funneling Russian funds
Ukrainian authorities have broken up what they say was a crypto trading desk that illegally funneled money for Russians. The Ukrainian Prosecutor General’s office on July 12 announced the seizu...
IRS Gives Wealthy Families More Time to Shelter Assets from Estate Tax
The federal government is giving widows and widowers more time to deal with the intricacies of the estate tax after a spouse dies. When one spouse dies, their partner often inherits all or part of the...
Three Arrows Capital Assets Frozen by Judge in New York As Founders’ Whereabouts Remain Unknown: Report
The walls are closing in around one embattled crypto hedge fund as the legal system issues a ruling on behalf of its jilted creditors. According to a new CNBC report, a federal judge in New York has o...
South Africa Set To Regulate Bitcoin And Other Cryptos As Financial Assets
Cryptocurrency regulation in South Africa seems to have become a reality and will set a pathway to maintain compliance in crypto and Bitcoin assets. The South African Reserve Bank (SARB) is pioneering...
Crypto Daily – Daily Crypto And Financial News 14/07/2022, 3AC Liquidators Get Greenlight To Claim U.S. Assets
In Todays Headline TV CryptoDaily News: Court permission Liquidators for crypto hedge fund Three Arrows Capital obtained U.S. court permission to issue subpoenas and lay claim to the bankrupt Singapor...
Citing Benefits of Cryptocurrencies, South Africa Plans to Regulate Them as Financial Assets
Kuben Naidoo – Deputy Governor of South Africa Reserve Bank (SARB) – argued that cryptocurrencies, specifically bitcoin, provide numerous advantages to the monetary system. However, he claimed there i...
UK Lawmakers Seek Inputs On Regulation Of Digital Assets
To investigate the opportunities and hazards that crypto assets present for consumers and businesses, UK Lawmakers Treasury Select Committee has opened an investigation into them. UK Lawmakers Launch ...
Bitcoin, ETH and DeFi Assets Drop As Markets Close Choppy Day
BTC’s move below $20,000 wasn’t as critical as it was before but still noteworthy, one analyst said Oil prices continued to fall after the euro briefly hit parity with the US dollar, and concern grew ...
Voyager Token (VGX) Skyrockets 586% After Court Orders Seizure of Three Arrows Capital Assets
The native token of a popular cryptocurrency app is rallying despite several turbulent weeks involving lawsuits and even suspending trading on its platform. In recent weeks, Voyager Digital has issued...
Ukraine Seizes Assets From OTC Crypto Brokers for Working With Russians
The authorities seized 850,000 euros, US$470,000 and 460,000 Ukrainian hryvnia (amounting to about $1.67 million in total); 830 kilograms of silver; six pieces of land; and three apartments. All were ...
South African Reserve Bank Set to Regulate Cryptocurrencies as Financial Assets
The South African Reserve Bank (SARB) deputy governor Kuben Naidoo has confirmed that the country will roll out cryptocurrency regulations over the next 12 – 18 months that will not identify them as a...
Three Arrows Assets Ordered Frozen By Judge – How Much Deeper 3AC’s Trouble Can Get?
Three Arrows Capital just got itself in deeper trouble while the brains behind the company are nowhere to be found. The New York Southern Bankruptcy Court on Wednesday held an emergency hearing for cr...
A Man Named Joel Has Seen All His Crypto Assets Vanish
A man named Joel (his last name is not being given at press time) is just one of probably thousands of people that have lost their crypto holdings over the course of the last few months. Joel Is One o...
US Bankruptcy Judge Freezes Crypto Hedge Fund Three Arrows Capital’s Assets – Regulation Bitcoin News
A federal judge in a New York bankruptcy court has frozen the assets of crypto hedge fund Three Arrows Capital (3AC). “A key part of this motion is to put the world on notice that it is the liquidator...
US Tribal Nation-Backed Economic Zone Passes Rules Defining Digital Assets
“Now that we have clear digital asset definitions established, a milestone that many governments have still failed to achieve, we can move forward. The Zone can quickly pass thorough and comprehensive...
Want to Enjoy Retirement More? Shift Your Assets to Annuities
annuities retirement A recent Supreme Court decision could result in improved options in your retirement plan. The court sided with Northwestern University employees who alleged the university’s retir...
South African Reserve Bank will regulate crypto as financial assets to make it ‘mainstream’
South Africa Reserve Bank (SARB) deputy governor Kuben Naidoo has confirmed that the country is set to roll out cryptocurrency regulations that will partly support the sector. Speaking during a webina...
US Treasury Invites Public Opinions on Digital Assets Framework
The US Department of the Treasury invited public opinions on Tuesday on the potential risks and benefits of cryptocurrencies based on President Joe Biden’s executive order in March. The Treasury state...
Liquidators can subpoena 3AC founders despite ‘tricky issues’ with crypto assets
A United States (U.S.) court has given liquidators permission to subpoena the founders of crypto investment firm Three Arrows Capital (3AC), including Su Zhu and Kyle Davies. According to a report by ...
Three Arrows’ Assets Frozen In Emergency Hearing
Key Takeaways An emergency hearing was held today concerning Three Arrows Capital (3AC) and its recent bankruptcy filing. Judge Glenn Martin froze the firm’s funds; he also gave liquidators the ...
Judge orders Three Arrows’ US assets frozen as founders remain missing
In an emergency hearing Tuesday morning, a U.S. district court judge ruled bankrupt crypto hedge fund Three Arrows Capital may not transfer or dispose its assets located in the U.S. as court-appointed...
Banks Representing $2,000,000,000,000 in Assets Now Offering Bitcoin and Crypto Exposure to Clients: Bitwise
One of the world’s largest crypto index fund managers is offering some unique insight into the current state of crypto adoption. In a new interview with Real Vision, Bitwise Asset Management CEO Hunte...
The Global Digital Assets & Investment Summit Series Announcement
Place/Date: – July 12th, 2022 at 12:58 pm UTC · 3 min read Contact: Abrar Baba, Source: Falcon Business Research The Global Digital Assets Investment Summit is a forum for the industry leaders a...
Bank of England Governor Andrew Bailey Says Crypto Adoption Fuels Assets’ “Extrinsic” Value ⋆ ZyCrypto
Advertisement     Governor of the Bank of England, Andrew Bailey, is not the biggest fan of crypto assets. The 63-year-old British central banker has not relented in h...
Bank Indonesia Governor says country is actively exploring crypto assets
Indonesia’s central bank governor Doni Primanto Joewono has confirmed that the country is exploring the possibility of integrating cryptocurrencies into its financial system. Joewono revealed that Ba...
The Critical Role Of Real-World Assets In The Future Of DeFi
Crypto was born from the desire to create a better, more equitable financial system built atop of an infrastructure that’s inclusive, and accessible to anyone, no matter who they are or where they liv...
3AC founders in hiding, offices abandoned as court filing cites fear that assets may be “disposed of”
A filing in the United States Bankruptcy Court of the Southern District of New York states that the liquidators of Three Arrows Capital have been unable to communicate with the founders “in any meanin...
ChainWars Makes It Easier for Players to Own In-Game Assets – crypto.news
ChainWars is a Digital Collectible Card Game (DCCG) with the intention of utilizing blockchain’s decentral identity to offer its community a big variety of applications for custom Chain Wars blockchai...