The firm enlisted the help of a financial advisor, but no official decision has been made yet.
Solana-based meme token GME is down 50% from earlier Friday, but remains sharply higher for the week
“The trend is clear. Central banks at the margin are starting easing cycles,” the co-founder and former CEO of BitMEX said.
The attacker exported nearly 2 million contacts from CoinGecko’s GetResponse account before sending 23,723 phishing emails from another GetResponse client’s account.
U.S. job growth increased more than expected in May, a reading that could potentially prompt the Fed to delay cutting interest rates.
The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.
Ronin was created by Sky Mavis, the developer of the web3 game Axie Infinity, and suffered a $600 million exploit in March 2022.
Recent soft economic and inflation data combined with rate cuts this week in Europe and Canada have investors rethinking expectations about Fed policy.
The acquisition will potentially allow the trading platform to offer a wider range of crypto products to a more institutional client base, the report said.
Bifinex analysts predicted that Bitcoin could reach at least $120,000 during the current bull-market cycle, which may potentially end in Q4 2024.
