US Bankruptcy Court Conditionally Approves BlockFi’s Chapter 11 Plan
United States Bankruptcy Court for the District of New Jersey has conditionally approved BlockFi’s disclosure statement, indicating that the company’s reorganization is advancing incrementally. BlockFi and the Official Committee of Unsecured Creditors issued a joint statement on August 2, 2023, urging all eligible parties to vote in favor of the plan by September 11, 2023. […]
BlackBerry Exposes Top Crypto-Targeted Malware
The cybersecurity division of the formerly dominant smartphone manufacturer BlackBerry identified malware families that actively target computers to mine or steal cryptocurrencies, including SmokeLoader, and RaccoonStealer, amongst others. According to the BlackBerry report, the three industries most affected by cyberattacks are finance, healthcare, and government. RedLine is one of the enduring financial hazards that harvests […]
HashKey Exchange Receives Retail Crypto Trading License in Hong Kong
After receiving regulatory approval, HashKey Exchange becomes the first to offer retail cryptocurrency trading services for non-professional investors in Hong Kong. HashKey, a local digital asset company, has obtained all necessary licenses to expand its business, from serving professional investors to retail customers. Upgrades to two essential licenses issued by Hong Kong’s Securities and Futures […]
Binance Exchange Denies Claims of $90B Crypto Trades in China
Binance has denied claims of a Wall Street Journal investigation, suggesting it has maintained operations in China despite the country’s ban on cryptocurrencies. According to the WSJ report, its correspondents and current and former Binance employees viewed “internal figures” indicating that users traded $90 billion in cryptocurrency-related assets in China in a month. In response […]
Grayscale, Others File Applications to SEC for Ether ETFs
Six prominent asset managers, including Grayscale, ProShares, and VanEck, have submitted new applications to the SEC to offer Ethereum Futures exchange-traded funds (ETFs) to U.S. investors. Separate applications from Grayscale, VanEck, BitWise, Volatility Shares, ProShares, and Round Hill Capital are detailed in filings reviewed by Cointelegraph that were submitted to the U.S. Securities and Exchange […]