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In a shocking turn of events, crypto hedge fund Three Arrows Capital (3AC) co-founder Su Zhu was arrested at Singapore's Changi Airport on Friday while attempting to leave the country. This comes after Zhu and his fellow 3AC co-founder Kyle Davies were sentenced in absentia earlier this week
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The fugitive co-founder of a collapsed cryptocurrency hedge fund was arrested today in a stunning turn of events that signals a major shift in the ongoing saga of Three Arrows Capital. Su Zhu, who founded the Singapore-based fund alongside Kyle Davies, was apprehended at Changi Airport while allegedly attempting to
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The collapse of FTX has left a gaping hole in the cryptocurrency derivatives market, and now Coinbase is positioning itself to become the new market leader. This seismic shift comes at a pivotal moment for the crypto industry as it works to restore trust after last year's implosion.
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Influential U.S. Representative Don Beyer has introduced legislation to create government-controlled repositories containing detailed records of off-chain cryptocurrency transactions from major exchanges. This unprecedented move aims to prevent massive frauds like the recent FTX collapse by increasing oversight of the opaque inner workings of trading platforms. However, critics warn
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European cryptocurrency investment powerhouse CoinShares has launched a new division in the United States, marking its first foray into the world's largest capital market. The move comes despite regulatory uncertainty and ongoing legal battles between crypto firms and the SEC. CoinShares asserts that contrary to popular belief, the
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Gemini, a major cryptocurrency exchange, has announced it will no longer offer services to customers in the Netherlands starting November 17th, 2023, delivering a blow to crypto investors in the country. This shocking development signals growing regulatory hurdles for crypto in Europe. But does this spell doom, or present new
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The cryptocurrency market has shown promising signs of recovery in the past 24 hours, with Bitcoin and Ethereum posting gains after a prolonged bearish trend. Several factors appear to be contributing to this cautious optimism, but uncertainty still looms over the industry. Bitcoin rose 2.4% to over $27,000,
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In a major development, authorities in Hong Kong and Macau have apprehended four more suspects linked to the ongoing investigation of cryptocurrency exchange JPEX. The arrests bring the total number detained to 18, with police characterizing the latest suspects as being “relatively close to the core” of the burgeoning scandal.
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Authorities in Hong Kong and Macau have arrested four more individuals closely linked to the scandal surrounding unlicensed crypto exchange JPEX, bringing the total number of arrests up to 18. This hard-hitting probe into the murky operations of the exchange aims to get to the bottom of allegations that JPEX
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Is freedom being stolen as JPMorgan Chase takes an unprecedented step and denies customers' choice? The controversial ban targets millions and deals a blow to the UK's aim to become a crypto hub. Yet statistics reveal a disturbing fraud epidemic. Will regulation give criminals free rein, or
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In a stunning move that sends shockwaves through the cryptocurrency industry, Chase Bank has announced a complete ban on cryptocurrency payments for all its UK customers starting October 16th. The historic decision comes amidst growing concerns over crypto-related fraud and volatility that threatens consumers. The abrupt ban prohibits UK Chase
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In a stunning turn of events, Coinbase CEO Brian Armstrong harshly criticized JPMorgan Chase's decision to block cryptocurrency purchases in the UK, suggesting the move undermines innovation and that the government should intervene. The provocative comments come as crypto fraud rises and regulators crack down, raising profound questions
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Polkadot's DOT token saw a 0.81% price increase over the past 24 hours to $4.07, up from $4.04 yesterday. With a market capitalization of $5.01 billion, Polkadot remains one of the top 10 cryptocurrencies by market cap. In this technical analysis, we'll
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Toncoin (TONCOIN) saw a slight 1.01% increase in price over the last 24 hours, with the price rising from $2.20 to $2.22. While not a huge gain, this does show that Toncoin continues on an upwards trajectory after seeing large 48.17% gains over the past month.
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TRON's TRX token saw a modest 3.65% price increase over the past 24 hours, bringing its price up to $0.08851. This comes after several days of relatively rangebound trading between $0.08 and $0.09. TRON now has a market capitalization of $7.95 billion, cementing
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Solana's SOL token saw a significant 4.72% price increase over the past 24 hours, surging to $20.05. This comes after a period of lackluster performance over the past month, with SOL dropping 0.46% over the past 30 days. However, zooming out shows Solana has faced