MicroStrategy narrowed its crypto-related impairment charge in Q2
MicroStrategy bought another 12,333 Bitcoin in its second quarter. The business intelligence company returned to profitability in Q2. MicroStrategy stock has roughly tripled versus the...
3AC co-founder rejects jurisdiction of bankruptcy court, claiming he renounced US citizenship
Kyle Davies, the co-founder of bankrupt crypto hedge fund Three Arrows Capital (3AC), has submitted documentation to court claiming he is fully a citizen of...
Bankruptcy judge signs off on order allowing Terraform Labs to subpoena FTX entities
A judge in the bankruptcy case for defunct crypto exchange FTX has issued an order allowing Terraform Labs to subpoena information that could be used...
FTX releases restructuring plan, hints at rebooted offshore exchange
FTX has outlined its intended reorganization plan, which will categorize claimants of the bankrupt exchange into specific classes and pave the way for the exchange...
ConsenSys releases “Diligence Fuzzing,” tool for testing smart contract vulnerability
More than $471.43 million was lost through Web3 security vulnerabilities in the first half of 2023. The Diligence Fuzzing has been integrated with the smart...
Bitcoin Cash price prediction as volatility and volume slumps
Bitcoin Cash, like other cryptocurrencies, remained in consolidation in July. There are signs of rotation moving from digital currencies to stocks. Bitcoin Cash (BCH) price...
FTX claimants to hold equity securities and tokens in the rebooted exchange
The new FTX CEO is working tirelessly to have the FTX crypto exchange launched. FTT token holders will not receive any distributions from the rebranded...
Chinese police vs. Web3, blockchain centralization continues: Asia Express
According to one insider, Chinese police are after Web3 co-founders, not to serve and protect, but for their wallets. In a recent blog post, Wuwei...
Crypto’s correlation with stocks rising again following temporary deviation
Key Takeaways Crypto had moved in line with stocks and other risk assets throughout the interest rate tightening cycle This relationship weakened in June amid...
Ukraine demands local crypto businesses provide financials
The government of Ukraine has recently approached the local cryptocurrency industry with a new request to provide certain financial information. The National Bank of Ukraine (NBU)...