February 2024

A Game Changer in the Cryptocurrency Sector In a significant move within the cryptocurrency sector, Mike Novogratz’s investment firm, Galaxy Digital, has acquired a substantial amount of Ethereum (ETH), worth approximately $76 million. This transaction was conducted through withdrawals from two of the most prominent cryptocurrency exchanges, Coinbase Prime and Binance, as revealed by Lookonchain,…

Swiss prosecutors raid Tyr Capital over allegations of mishandling FTX exposure – report The investigation Swiss authorities are investigating Tyr Capital, a crypto hedge fund, following accusations of disregarding risk warnings associated with the bankrupt FTX exchange before its November 2022 collapse. According to the report by the Financial Times, citing legal documents filed in…

In the ever-evolving landscape of cryptocurrency investments, Grayscale’s Bitcoin spot exchange-traded fund (ETF) has recently made headlines, but not necessarily for the reasons one might expect The Curious Case of Grayscale’s Bitcoin ETF With a staggering $7 billion in outflows recorded since its inception, investors and market analysts are taking note of the shifting dynamics…

Is it smart to invest in Bitcoin? Introduction Blockchain as a technology emerged from Bitcoin. It changed the financial landscape by opening the possibility to innovate beyond imagination. Governments around the globe have realised both the significance as well as the utility of crypto and are coming up with their respective CBDCs. As the name…