The fund employs a long/short relative value trading strategy, and will launch with $25 million to $50 million in capital.

The miner reduced its debt by $50 million and freed up about $75 million worth of bitcoin that was held as collateral.

The scheme’s founders and promoters promised victims their money would be invested in a lucrative mining operation, but instead spent funds on cars, jewelry and luxury homes.

The Federal Deposit Insurance Corporation has taken over Silvergate Bank, which saw prominent customers abandon it and its stock price plunge after revealing it faced regulatory scrutiny and had to

“You can never scale the way we’re planning to scale if you’re just” automatic market maker-driven, co-founder Darius Tabatabai said.

Craig Salm discusses what scenario is likely to play out for the firm’s ongoing bid to gain approval for its spot Bitcoin ETF following Tuesday’s appeals court hearing.

Celsius Network established a crypto wallet with $25 million of crypto assets for the lender’s custody account holders to withdraw, Arkham Intelligence said in a report. Eligible customers have withdrawn

Nikhil Rathi made the remarks in testimony in front of the Treasury Select Committee on Wednesday.

Post Content

Post Content