Bankruptcy cases of significant prominence have proven to be highly profitable for Sullivan and Cromwell as well as Kirkland and Ellis, two prominent law firms deeply engaged in the legal proceedings.
This regulatory crackdown demonstrates the SFC's dedication to promoting a safe and transparent atmosphere for virtual asset trading.
A Bitcoin financial services company and UATX aim to raise $5 million for a five-year investment in BTC.
This situation involves uncertainties surrounding the launch of the Ethereum ETF, significant open interest in ETF futures, and a lack of growth in Ethereum network activity.
Crypto scams and frauds saw a further decline, with losses totaling $52 million in May, down from $59 million the previous year.
The management of Afro-pop artist Davido's recently released meme token, DAVIDO, has come under fire from the Nigerian cryptocurrency community. Many think that he may soon include a token dump in his plans.
Dogecoin, boasting a market capitalization of $23.8 billion, and the newcomer Shiba Inu, have both secured positions in the top 10 cryptocurrency rankings.
The price of Dogecoin declines amidst a broader correction in the cryptocurrency market, as traders opt to secure their profits.
Miners saw a significant reduction in profitability following the Bitcoin Halving event in April, which decreased block rewards from 6.25 BTC to 3.125 BTC.
The trader experienced a devastating loss of more than 99% on their initial investment of $1.16 million due to a smart contract exploit.