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eToro Sued by Australia’s Market Regulator for Leveraged Product

Social investing platform eToro’s Australia entity (eToro Aus Capital Limited) has been sued by Australia’s markets regulator.

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Author: Amitoj Singh

BlockFi’s Disclosure Statement Gets Court Approval

A disclosure statement is an official, court-approved document outlining the debtor’s assets and liabilities.

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Author: Sam Reynolds

Australian regulator sues eToro over ‘high-risk’ leveraged derivative product

ASIC alleged that the target market of eToro’s contract for difference product was ‘far too broad’ with its screening test ‘very difficult to fail.’

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Author: Timmy Shen

After suspension, Worldcoin says it will temporarily pause Kenya services

Worldcoin, the identity-focused crypto project co-created by Sam Altman, confirmed that it has temporarily paused services in Kenya.

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Author: Ryan Weeks

First Mover Asia: Bitcoin Turns Range-Bound Again Amid an Absence of Fresh Capital; Altcoins Dip Further Into Red

PLUS: A spot bitcoin ETF may be in the offing, and crypto prices are unpredictable, but MicroStrategy “still fills a need in the marketplace,” the president of crypto asset fund ProChain Capital told CoinDesk TV.

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Author: James Rubin

Is Sam Bankman-Fried Going to Jail?

Federal prosecutors said they were “seeking detention” for Sam Bankman-Fried, asking a judge to revoke his bond after he shared documents with the New York Times that they allege were meant to harass a fellow executive from the FTX empire and potentially influence her testimony.

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Author: Nikhilesh De

Bitcoin Seesaws Back Over $29.2K, as Investors Brush Off Binance Angst; BCH, UNI, LTC Sink

BTC returned to its rangebound ways a day after it rose suddenly and then subsequently dropped as dramatically.

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Author: James Rubin

Robinhood reports drop in crypto revenue in latest earnings report

Robinhood’s transaction-based revenue derived from cryptocurrencies dropped 18 percent due in part to fewer customers placing trades.

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Author: Sarah Wynn

Wintermute, a Major Trader, Is a Key Player in Arkham’s Controversial Dox-to-Earn Platform

The liquidity provider just withdrew 8 million of Arkham’s ARKM token from Binance, increasing its position by 731%.

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Author: Sage D. Young

Ethereum futures become latest ETF craze as applications tumble in

While the SEC has yet to approve a spot bitcoin fund, it has approved funds based on bitcoin futures, leading to optimism.

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Author: Sarah Wynn


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