An Australian Federal Court has ordered the seizure of approximately US$41 million in digital assets from the NGS group of blockchain mining companies.  This ruling is the result of active civil proceedings commenced by the Australian Securities and Investment Commission (ASIC), pointing out regulatory actions taken against unlicensed financial activities linked to cryptocurrency. Regulatory Action […]

In a rising competition in the Spot Bitcoin ETF race, BlackRock and Ark Investments have engaged in a preemptive fee war, announcing reductions in the fees for their proposed Bitcoin exchange-traded funds (ETFs). Meanwhile, the recent S-1 filings reveal a strategic maneuver to attract investors, even before securing approval from the U.S. Securities and Exchange […]

According to blockchain intelligence firms Arkham Intelligence and Breadcrumbs, Yuga Labs, creators of the Bored Ape Yacht Club (BAYC), has been transferring royalties to a wallet connected to FTX US, which is now bankrupt. For the last two months, Yuga Labs have been flowing more than $250,000 worth of assets to the wallet address 0xAAe7aC476b117bcCAfE2f05F582906be44bc8FF1 […]