Cryptocurrency lender BlockFi has filed a proposed court order seeking approval to convert certain client assets into withdrawable funds as part of its ongoing bankruptcy proceedings. The company applied to bankruptcy court on Aug. 30, […]
ARK Invest and 21Shares have been the latest prominent players to apply for an Ethereum futures exchange-traded fund (ETF). The application was co-filed with the U.S. Securities and Exchange Commission on August 24, 2023. Will […]
„Debtors have repeatedly promised that a plan that resolves claims against DCG is right around the corner, as they seek extension after extension of mediation periods, hearing dates, and bid deadline,“ the Gemini filing said. […]
Before there was blockchain, there was securitization. The financial world’s best effort at turning illiquid assets into tradable securities. But with blockchain came tokenization, a huge step forward, according to Doug Leonard, CEO of Hifi […]
https://youtube.com/watch?v=R_X5EpLHi28
Police in Hong Kong have arrested 458 people in relation to an extensive organized crime money laundering network. The sting reportedly brought down a Triad-controlled operation that used crypto trades to wash the proceeds of […]
The court decision comes after a flurry of large institutions filed applications for spot bitcoin ETFs, with asset manager BlackRock filing its application in June. BlackRock’s filing generated a large amount of optimism that a […]
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