Jump Crypto President Steps Down
Reading time: < 1 minuteKanav Kariya, the former head of cryptocurrencies at Chicago-based trading firm Jump Trading, has officially left the company after working his way up from an intern at the young age of 25.
Mt. Gox Will Start Repaying its Users in July
Reading time: < 1 minuteA notification from Rehabilitation Trustee Nobuaki Kobayashi on Monday revealed that the defunct bitcoin exchange Mt. Gox plans to distribute repayments in bitcoin and bitcoin cash starting in July.
Robert F. Kennedy Jr. Says He Will Free Silk Road’s Ross Ulbricht if He is Elected
Reading time: < 1 minuteUnited States presidential candidate Robert F. Kennedy Jr. last week took to social media to make a promise – if elected in November, he will free Silk Road founder Ross Ulbricht.
McKinsey: Asset Tokenization Will Reach $2T in 6 Years
Reading time: < 1 minuteAccording to analysts at McKinsey & Company, tokenized financial assets are currently experiencing a slow start, but are expected to grow to a market size of $2 trillion by 2030.
Consensys Wants IRS to Delay Implementation of its New Crypto Reporting Rules
Reading time: < 1 minuteConsensys has submitted a letter to the US Internal Revenue Service (IRS) urging for a postponement of the proposed tax regulation that would require brokers and exchanges to report specific cryptocurrency sales.
Italy Plans to Increase its Vigilance of the Crypto Market
Reading time: < 1 minuteItaly is planning to implement measures to strengthen surveillance of risks associated with crypto assets, including imposing hefty fines for market manipulation and insider trading.
3iQ Files to Launch an ETP based in Solana in Toronto
Reading time: < 1 minute3iQ has announced they have submitted a prospectus to the Ontario Securities Commission to launch the first publicly traded Solana exchange-traded product in North America on the Toronto Stock Exchange (TSX).
MicroStrategy Purchases 11.931 Bitcoins for $786M
Reading time: < 1 minuteMicroStrategy, a software company listed on the Nasdaq, has acquired an additional 11,931 Bitcoins for $786 million, according to a press release on Thursday.
National Australia Bank Invests in a Crypto Platform
Reading time: < 1 minuteThe venture arm of National Australia Bank, NAB Ventures, has made an investment in Zodia Custody, a secure platform for storing cryptocurrency and digital assets.
Whales Sell More Than $1B in BTC in 15 Days
Reading time: < 1 minuteLong-term Bitcoin holders and miners have been selling the asset in significant amounts in the past two weeks.
