Author: e_cash_top

[ad_1] Galois Capital has moved to shut down its hedge fund operations following a $40 million loss resulting from the FTX collapse, according to the Financial Times (FT). The U.S.-based hedge fund managed about $200 million in assets on behalf of its clients. Following the FTX collapse, Galois Capital co-founder Kevin Zhou disclosed that the…

[ad_1] Ad The following is a guest post from BTSE CEO Henry Liu. When it comes to grassroots retail crypto adoption, Asia is a standout global leader. In fact, Vietnam topped Chainalysis’ 2022 Geography of Cryptocurrency report. Yet for Asia’s traditional finance (TradFi) institutions, it’s a different story. Banks and financial institutions in the world’s…

[ad_1] Ad Yuga Labs Co-Founder, Greg Solano, announced on Feb. 18 that Bored Ape Kennel Club would change its logo following copyright allegations against the company related to images from Easy Drawing Guides, a learn-to-draw company. Below is the BAKC logo alongside the Easy Drawing Guides image, illustrating the apparent similarities between the two. The…

[ad_1] Ad In the fast-evolving world of NFTs, the decision by leading marketplace OpenSea to temporarily eliminate its 2.5% fee on sales and reduce creator royalty protections in response to the emergence of a rival platform, Blur, has sparked a contentious debate. But what if a different world existed, one where artists were freed from…

[ad_1] Ad NFT marketplace aggregator Blur.io has surpassed Uniswap, OpenSea, and Etherum transactions as the top ETH burner over the past 24 hours. Data shared by Access Protocol CEO Mika Honkasalo from Ultrasoundmoney highlighted that over 252 ETH was burned as a result of Blur.io activity between Feb. 18 and Feb. 19. Furthermore, the two…

[ad_1] Ad Bitcoin has broken above $25,000 on Binance for the third time in three days, defying broader market trends and continuing its bullish run into 2023.” Bitcoin reached a local high of $2,050 over the weekend before retracing slightly to $24,880, following a gain of 7.28% since Friday’s low of $23,332. Source: Trading View The…

[ad_1] Ad In a Twitter thread, Custodia Bank founder and CEO Caitlin Long said that she provided evidence to law enforcement about a crypto crime months before the company collapsed and left millions of customers in the lurch. She noted: “I handed over evidence to law enforcement of probable crimes committed by a big crypto…

[ad_1] Ad The introduction of the Ordinals Protocol, which enables the development of Bitcoin-based NFTs, has coincided with significant changes to mempool activity and transaction size, new data by CryptoSlate and Glassnode show. What are Bitcoin Ordinals? The ability to mint non-fungible tokens directly onto Bitcoin’s blockchain with all associated content, such as images and…

[ad_1] Ad According to a new report by digital asset analytics firm eBit labs, NFT lending hit a record month in January, returning to numbers not seen since the sector’s previous all-time high in May 2022.  The report used on-chain data of loans backed by Bored Ape Yacht Club (BAYC) and examined BAYCs according to…