Jay Zhuang

236K BTC Sold by Large Institutions Since Terra’s Implosion in May

By Arcane Research analyst's estimate, Tesla only suffered a slight loss in the Bitcoin dump as 75% of its holdings…

2 years ago

Elon Musk Selling or Buying Bitcoin Doesn’t Mean Much, Says Binance CEO

CZ Zhao joked that he was not smart enough to get into businesses directly linked to bankrupted lending firms like…

2 years ago

It’s the Time to Buy El Salvadoran Bonds, Says Morgan Stanley

The banking giant says El Salvadoran bonds have been overly punished in the past months amid tightened liquidity, and the…

2 years ago

Coinbase Ventures Will Focus More on DeFi After 34% Decline in Q2 Deals

The investing arm of Coinbase says it will avoid centralized lending platforms while focusing on DeFi protocols.

2 years ago

Korean Prosecutors Raided 7 Crypto Exchanges With Connections to Terraform Labs (Report)

The latest operation by the South Korean authority aims to determine Do Kwon's involvement in the Terra fallout.

2 years ago

Bitcoin Holders in ‘Accumulation Mode’ Suggest Speedy Recovery: Glassnode

New data by Glassnode suggests that Bitcoin is possibly forming its cyclical bottom around the critical $20,000 level.

2 years ago

US Seized $500K in Ransomware Payments and Crypto from North Korean Hackers

US critical infrastructure firms are obliged to report ransomware payments to the government within 72 hours, according to a new…

2 years ago

Lightspeed Venture Launches Blockchain-Focused Team, Multicoin Capital Raises $430M

Multicoin Capital's latest fund is backed by several limited partners and traditional VC funds such as Helium, Hivemapper, Delphia, Metaplex, and…

2 years ago

Weakness in NFTs Spills Over to Blockchain Gaming: Report

The Gaming NFTs are down severely in Q2 as the broader NFT sector failed to show adequate strength indicating a…

2 years ago

Crypto Trading Volumes Slumped in June to the Lowest Level Since 2020 (Report)

Coinbase ranks only the 14th largest exchange by trading volume now, down from the 4th in late 2021, according to…

2 years ago