Fraud Victims Urge China to Liaise With UK Police For Seized Bitcoin
The victims of an investment fraud scheme are attempting to recover $4.3 billion in Bitcoin seized by the UK Police with the help of the Chinese government. According to reports, a delegation on behalf of the victims of the fraud wrote to the Chinese Ministry of Foreign Affairs, urging it to negotiate with the United […]
Report Shows Consumer Crypto-trust Increases
A recent Deutsche Bank study shows that consumer trust in cryptocurrencies has increased and Mistrust has decreased, signalling crypto adoption. The poll, released on April 8, included more than 3,600 people. In the future, over half (52%) think cryptocurrencies will be an “important asset class and method of payment transactions.” In September 2023, Deutsche Bank […]
Japanese Metaplanet’s Stock Price Soars After Adopting Bitcoin
Japanese publicly traded company Metaplanet said it had acquired 1 billion yen ($6.5 million) worth of Bitcoin as a fundamental treasury asset. Investment firm Metaplanet focuses on companies in the Web3 and metaverse industries. Sora Ventures, UTXO Management, and prominent figures like Jack Liu, an Ordiswap founding member, and Mark Yusko, the founder of Morgan […]
Bitfinex Launches Bitcoin, Ether Volatility Futures
Bitfinex exchange has launched new Bitcoin and Ether volatility futures for investors in response to a recent spike in crypto market volatility. Two new perpetual futures contracts are now being traded on Bitfinex’s derivatives platform Bitfinex Derivatives, powered by iFinex Financial. The company made this announcement to Cointelegraph on April 3. The Ethereum Implied Volatility […]
Japanese Pension Investment Fund Explores Bitcoin
The largest pension fund in the world, Japan’s Government Pension Investment Fund (GPIF), is examining Bitcoin as a possible diversification tool and is willing to learn more about the cryptocurrency. The GPIF made an official declaration on March 19 regarding the formulation of fresh long-term investment strategies in light of “significant transformations in the economy […]