CMT Digital hopes to raise $150 million in capital for its fourth fund, which will reportedly focus on longer-term crypto investments.
Almost $19 billion worth of cryptocurrency has been stolen in thefts dating back to 2011 as the industry continues to grapple with rising blockchain-related crime, according a report from Crystal Intelligence.
Treasury chief Christopher Hui said the in-kind subscription and redemption feature of spot crypto ETFs gives investors more flexibility.
The eleven ETFs recorded $200 million in net outflows on Tuesday, the highest since May 1 figures of $580 million.
Restaking project Symbiotic launched yesterday and announced a $5.8 million funding round from Paradigm and cyber.Fund.
Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.
Markets are anticipating a double-feature of key economic indicators from the U.S. later on Wednesday — the FOMC meeting and the CPI data.
Last October, the Financial Crimes Enforcement Network (FinCEN) – the U.S. Treasury Department’s money laundering watchdog – announced a proposal to label crypto mixers as a “primary money laundering” concern, a move that alarmed a broad swath of the crypto industry. Treasury Under Secretary for Terrorism and Financial Intelligence Brian Nelson addressed this move and more at CoinDesk’s Consensus 2024 last month in Austin, Texas on stage. The following transcript has been lightly edited (and the bulk of my questions have been slimmed down to their gist).
Trump’s crypto embrace earned him support from a number of leaders in the industry, including Gemini founders Cameron and Tyler Winklevoss.
This week’s crypto selloff has led to the liquidation of about $270.4 million in leveraged positions over the past 24 hours.
