Regulation
19:46
Movement Labs, the company behind the MVMT project, filed for bankruptcy earlier this month, disclosing assets of between $100,001 and $500,000 against liabilities reaching as high as $10 million. According to the filing, the largest single claim comes from the company's ousted founder, who is seeking
1 min read
Regulation
18:46
US authorities have flagged an alleged $22 million Bitcoin mining scheme in which only about 13% of the money raised was reportedly directed toward actual mining operations. More than 380 investors supplied the funds, leaving a large gap between what was promised and what was deployed for its stated purpose.
1 min read
Regulation
18:01
Movement Labs, the blockchain startup behind the MOVE token, has filed for Chapter 11 bankruptcy following months of internal turmoil. The company faced scrutiny over a controversial market-making agreement, which triggered an internal investigation into its MOVE token launch and led Binance to ban the market maker involved. In
1 min read
Regulation
16:46
The Clarity Act, a crypto market-structure bill designed to define regulatory oversight of digital assets, is approaching final passage in the U.S. Senate. Senate negotiators describe the legislation as 'almost there,' while Treasury Secretary Scott Bessent characterized its progress as being at the '1-yard
1 min read
Markets
15:46
BitMine's aggressive accumulation strategy has brought it within roughly $482 million of controlling 5% of Ethereum's entire circulating supply, marking one of the largest corporate ETH treasury pushes to date. As of July 20, the company disclosed holdings of 5,777,468 ETH after acquiring an
1 min read
Markets
15:01
The London Stock Exchange is expanding into near-continuous trading as global venues respond to demand for round-the-clock market access. The exchange plans to launch LSE 24, a 24/5 trading venue operating from 17:00 to 07:50, extending activity beyond traditional daytime hours. According to TD
1 min read