Hong Kong Virtual Asset Consortium Contemplate LUNC
Hong Kong Virtual Asset Consortium is contemplating adding Terra Luna Classic (LUNC) to its digital asset index, given the chain’s renown. Hong Kong Virtual Asset Consortium (HKVAC) should contemplate including Terra Luna Classic (LUNC) in its index of digital assets. The Hong Kong rating agency has announced the initial list of cryptocurrencies for its extensive […]
Research Shows Use of Bitcoin For Illicit Crypto Activities Decline
According to new research by TRM Labs, fewer cybercriminals use Bitcoin as their primary method of transferring illicit funds and are now reverting to fiat channels or other cryptocurrencies. In its “Illicit Crypto Ecosystem Report,” published on June 28th, digital asset compliance and risk management firm TRM Labs revealed that illicit finance volumes involving Bitcoin […]
FTX Initiates Efforts to Relaunch its Global Crypto Exchange
John Ray III, CEO of FTX, has begun soliciting interested parties to relaunch and rebrand the FTX cryptocurrency exchange. Wall Street Journal reports that the embattled crypto exchange is attempting to relaunch its international crypto exchange despite its declining market reputation. The new management team of the cryptocurrency exchange detailed the misappropriation of nearly $9 […]
Cardano Price Support in Peril as Robinhood Delists ADA
As a result of delisting Cardano, SOL, and MATIC on Tuesday, the leading trading app Robinhood triggered a minor sell-off. Cardano price is perilously close to falling off a cliff due to another investor exodus prompted by the SEC’s assault on the cryptocurrency market earlier this month. ADA, the Cardano ecosystem’s native token, was listed […]
Voyager Pays Kirkland $1.1M for Crypto Bankruptcy Work
Voyager Digital, a crypto lending and brokerage firm, has paid a hefty sum of $1.1 million to Kirkland & Ellis, a prestigious law firm, for its legal services during its bankruptcy process in April. Voyager was one of the leading crypto brokers in the industry, offering users access to over 50 digital assets and interest-bearing […]