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The lawsuit, filed in New York County, alleges that Bitwise misled investors regarding its Bitwise Hold 10 Private Index Fund (BITW).

Bitwise accused of misleading practices in $2M lawsuit

Mass investor exodus, ETF outflows, Mt. Gox repayment concerns, and market-wide declines has fuelled a bearish sentiment for Bitcoin.

Bitcoin price prediction: What’s driving the latest downturn?

What is LBank?

June 11, 2024 at 15:05 GMT

Since its inception in 2015, LBank Exchange has carved out a significant niche for itself. As a platform, it offers a comprehensive suite of services that cater to the diverse needs of its global user base. This includes cryptocurrency trading, derivatives, staking, non-fungible tokens (NFTs), and investment opportunities through LBK Labs. Originally founded by Superchains...

What is LBank?

This settlement is a crucial development in FTX's bankruptcy proceedings. It resolves a potential source of prolonged and uncertain litigation between the crypto exchange and its largest creditor.

FTX settles colossal $24B IRS claim, enabling swift customer recoveries

This surge in mining revenue coincided with Bitcoin's price reaching an all-time high.

Bitcoin mining sector sees unprecedented growth and investment

Fintech company Revolut has announced plans to temporarily suspend certain cryptocurrency services for its business clients in the UK.

Revolut to restrict UK crypto services after latest FCA rules

The investment arm of Seychelles-registered crypto exchange KuCoin has decided to put money into The Open Network (TON) Foundation.

KuCoin to support growth of TON with $20K grant

Venture capital funding in cryptocurrencies significantly surged in the month of November, with VC funds investing a total of $1.75 billion into crypto firms.

Bullish VCs pump 100% more money into crypto, at $1.75B

Avalanche ecosystem accelerator, Colony Labs, is boosting the Avalanche ecosystem by investing $10m to support the long-term growth of the network.

Colony Labs invests $10m for Avalanche’s long-term growth

The SEC has found its next prey in the cryptocurrency sector as it accused Kraken of operating as an unregistered platform and for mixing customer funds.

SEC targets Kraken for allegedly operating as an unregistered broker