When FTX collapsed in November, its greatest adversary, Binance, turned into the undeniable goliath of the crypto verse. It is no surprise that it is under increasing scrutiny by regulators. The world’s largest digital asset exchange wields an enormous amount of power over the industry. This includes the ability to purchase and revive failing or […]
Bitcoin, the world’s largest cryptocurrency by market capitalization, has taken a sharp dive, plummeting below $22,000 on Thursday. This represents a drop of over 4% in the day and marks the first major step backward for bitcoin in the past weeks. The sudden drop in Bitcoin’s value comes as a result of the turmoil faced […]
Hedge fund billionaire George Soros has made a sizeable investment in digital assets. His investment investment arm, Soros Fund Management, appears to have increased its exposure to the cryptocurrency industry. Per a 13F filing with the U.S. Securities and Exchange Commission, he has made recent investments in Marathon Digital, MicroStrategy, and Silvergate Bank. This Hedge […]
