Kazakhstan has limited the amount of money local retail investors can put into crypto, domestic news website Kapital.kz reported on Wednesday. Retail investors can invest 10% of their annual income or 5% of their total assets, excluding their main residence, up to $100,000 per year, as long as they provide evidence of their finances to […]

Attorneys for Ira Kleiman and W&K Info Defense Research, LLC began to paint an unflattering portrait of Craig Wright, his business practices and interpersonal dealings in court Tuesday and Wednesday. It started with former Bitcoin developer Gavin Andresen, who testified that Wright – the Australian computer scientist best known for his much-debated claim to be […]

Global venture capital funding into cryptocurrency and blockchain reached an all-time high of $6.5 billion in the third quarter of 2021, surpassing the updated second-quarter total of $5.2 billion, according to a new report from market intelligence firm CB Insights and its subsidiary Blockdata. For the quarter, there were a staggering 286 crypto deals recorded, […]

Exchange-traded fund (ETF) issuer Direxion has withdrawn its application to the U.S. Securities and Exchange Commission (SEC) to list a short bitcoin futures fund. On Tuesday, Direxion requested the SEC to withdraw the ETF application it made on Oct. 26. SEC staff had asked for the filing be withdrawn on the day it was filed. […]

Stablecoins have a hegemonic hold over the crypto derivatives space. Most of the perpetual contracts across the CEX.IO cryptocurrency exchange are priced in stablecoins, and all contracts on the FTX exchange are USD margined. Likewise, all perpetuals on decentralized finance (DeFi) derivative protocols like Perpetual Protocol and DYDX are USD linear contracts. This is the […]