[Aug 13 7:06 AM] Defunct cryptocurrency hedge fund Three Arrows Capital's (3AC) liquidators have sued Terraform Labs for $1.3 billion, for losses the fund suffered following the 2022 crash, Bloomberg reported on Monday.
[Aug 13 5:30 AM] Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss the possibilities that El Salvador is opening for other countries to receive help…
[Aug 13 5:00 AM] Bitcoin, the largest cryptocurrency by market cap appears to have “bottomed out” and is now poised to surge above $150,000, according to prominent crypto analyst Captain Faibik. This insight from the analyst comes as Bitcoin currently…
[Aug 13 3:30 AM] After a roller coaster ride in the market last week, Bitcoin shows endurance, bouncing back from the recent dip to $49,000 and reclaiming the $60,000 milestone as key to its continuation to the upside to regain levels lost during the last 20%…
[Aug 13 2:10 AM] Selangor police in Malaysia are pursuing four local suspects connected to the July 11 kidnapping of a Chinese national and a Malaysian woman near the Lebuharaya Maju Toll Plaza in Cyberjaya. Selangor Police Chief Datuk Hussein Omar Khan disclosed…
[Aug 13 1:16 AM] The Thai Securities and Exchange Commission (SEC) has launched a Digital Asset Regulatory Sandbox, allowing crypto services to be tested in a controlled environment. This initiative aims to promote innovation in Thailand’s capital market by…
[Aug 13 12:16 AM] New Jersey’s Attorney General, the Division of Consumer Affairs, and the Bureau of Securities have urged investors to immediately withdraw funds from crypto platform Abra. This follows a multi-state investigation into the platform’s…
[Aug 12 11:17 PM] The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment program, where…
[Aug 12 10:20 PM] The recent announcement of the custody change of WBTC, a wrapped version of bitcoin, has prompted a negative reaction in decentralized finance (defi) protocols that reject Justin Sun’s disclosed relation with the project. Bitgo is moving…
[Aug 12 9:30 PM] Polkadot token DOT has indeed been hot on the cryptocurrency market throughout the week, appreciating over 21%. Despite the gains bringing further enthusiasm among the investors, the token pressed on higher and continues to trade at $4.65 with a…
[Aug 12 5:00 PM] In the wake of the market crash of recent weeks, crypto analyst Michaël van der Poppe has provided an analysis of the trajectory of Bitcoin and its impact on altcoins. His remarks centered around Bitcoin dominance and the readiness of the altcoin…
[Aug 12 4:10 PM] Hamster Kombat, the popular tap-to-earn sensation, revealed having rejected several investment proposals from some of the biggest venture capital firms in the crypto industry. The team behind the game declared that it would not allow players to…
[Aug 12 2:00 PM] Losses mount for Optimism as the market suddenly flips from bullish to bearish, wiping significant gains made after it rebounded last week. According to CoinMarketCap, the token is down over 21% since last month, putting significant pressure on…
[Aug 12 11:20 AM] Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the last week. In this issue: El Salvador holds talks with the IMF despite its Bitcoin allegiance; Brazil greenlights the first Solana spot…
[Aug 12 9:30 AM] Although the market dipped today, Solana has found its way to spark investor interest despite falling a few points in the past 24 hours. However, the token is still up nearly 22% in the past month, going against the market’s general bearishness…
[Aug 12 8:48 AM] Tether, the company behind USDT, the world's largest stablecoin by market cap, said it will defend itself from "shakedown" litigation brought by bankrupt crypto lender Celsius on Friday.
[Aug 12 8:20 AM] Over the past seven days, Sui (SUI) has emerged as the standout performer in the crypto market, recording an massive 78% increase in its price. This surge positions SUI as the leader among the top 100 cryptocurrencies by market capitalization…
[Aug 12 7:00 AM] Fantom (FTM) might be up for a huge price breakout shortly after an analyst – Javon Marks – made public his prognosis of the altcoin. Posting in X, Marks attributed this to the formation of a Hidden Bullish Divergence in the FTM chart…
[Aug 12 6:07 AM] Crypto infrastructure projects led the way in attracting venture capital with major infra projects raising a combined $685 million in new capital in Q2.
[Aug 12 3:30 AM] Turkey’s Capital Markets Board has issued an update on crypto asset service providers following new regulations. The provisional lists include 47 operational companies and three that are planning to liquidate. Current crypto service roviders are…
[Aug 12 1:30 AM] Ripple’s chief legal officer has addressed the possibility of an appeal by the U.S. Securities and Exchange Commission (SEC) following the $125 million final judgment in the XRP case. He suggested that if the Biden-Harris administration is…
[Aug 11 11:58 PM] Crypto market participants are paying attention to XRP. There has been a continuous bounce between trend lines, forming what analysts call a symmetrical triangle pattern. As a result of a pattern traced as far back as 2018, this digital asset could…
[Aug 11 11:30 PM] Russian President Vladimir Putin has signed a new law to establish experimental legal frameworks to advance digital technologies, particularly cryptocurrencies, in international trade. The legislation allows for the modification of laws to…
[Aug 11 10:00 PM] The Akash Network (AKT) surged once more as the platform gained investor interest in the decentralized cloud computing scene. According to Coingecko, the token is up 20% since last week as the fear, uncertainty, and doubt the market experienced…
[Aug 11 8:00 PM] With the market posting minute but continuous gains, BEAM captures this momentum, which caused the current uptick in the token’s price. According to CoinGecko, BEAM is up nearly 18% in the past 24 hours as investors flock to the token. The Beam…
[Aug 11 7:05 PM] CANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency exchanges in the world. The company, which controls a significant portion of the Venezuelan broadband market, has left…
[Aug 11 6:00 PM] Bankrupt crypto lender Celsius Network has initiated legal proceedings against Tether, the company behind the USDT stablecoin. The lawsuit, which was filed concerning a contract dispute dating back to 2022, alleges that Tether violated their…
[Aug 11 2:00 PM] Cryptocurrency enthusiasts are ecstatic after AVAX mapped out the first signs of a probable breakout, and a famous crypto analyst fueled the wave of optimism with his bullish forecast. The expert, Alan Santana, believes that AVAX graphs look pretty…
[Aug 11 8:49 AM] Speed, the company behind the Speed Wallet, has launched USDT-L, the first iteration of Tether, the largest stablecoin on the crypto market, on top of Bitcoin’s Lightning Network (LN). The wrapped token, which takes advantage of the…
[Aug 11 7:30 AM] The U.S. Securities and Exchange Commission (SEC) has charged Ideanomics Inc. and three of its senior executives with fraud for misleading financial disclosures from 2017 to 2019. Former Chairman and CEO Zheng (Bruno) Wu, current CEO Alfred Poor…
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