Billionaire Bill Ackman’s hedge fund, Pershing Square Capital, has reportedly exited a position that previously accounted for 8.7% of the firm’s holdings. …
Asset
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DeFi
Crypto Lender Ledn Goes Full Bitcoin Maxi as It Seeks to Reduce Client Asset Risk
by shayaanby shayaanCryptocurrency lender Ledn is removing support for ether ETH$2,555.48 and will begin offering a bitcoin-only loan model starting July 1 as it …
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Smart Contracts
Global Darknet Bust Leads to $200M in Digital Asset and Cash Seizures
by shayaanby shayaanIn short Operation Raptor resulted in 270 arrests in 10 countries and the seizure of $ 200 million in cash and crypto, …
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Regulation
Pakistan Launches Digital Asset Authority to Regulate Crypto, Targeting $25B Market
by shayaanby shayaanPakistan creates PDAA to regulate crypto market, aiming to unlock $25 billion economic potential. PDAA will oversee Bitcoin, stablecoins, tokenized assets, wallets, …
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Scams
Hours Before Trump Crypto Dinner, Democrats Push Another Bill to Stop President’s Digital Asset Dealings
by shayaanby shayaanRep. Maxine Waters (D-CA), the top Democrat on the powerful House Financial Services Committee, introduced legislation Thursday that would prevent the president, …
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Regulation
SEC charges tokenized asset firm execs with $100 million crypto fraud
by shayaanby shayaanThe U.S. Securities and Exchange Commission (SEC) accused cryptocurrency startup Unicoin and its top executives of orchestrating a massive fraud scheme. The …
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Web3
UK Asset Management Market 2025 : Industry Size to Reach USD 22.50 Billion by 2033, At a CAGR of 6.20%
by shayaanby shayaanAttributes and Key Statistics of the UK Asset Management Market Report by IMARC Group: Base Year: 2024 Forecast Years: 2025-2033 Historical Years: …
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Analysis
Big Short’s Michael Burry Abruptly Sells Everything – Except for One ‘Recession-Proof’ Asset
by shayaanby shayaan“Big Short” hedge fund manager Michael Burry, known for predicting the 2007 collapse of the housing market, just initiated a major portfolio …
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Regulation
Michigan designates May 13 as Digital Asset Awareness Day to promote crypto education
by shayaanby shayaanMichigan has officially declared May 13 as Digital Asset Awareness Day, just months after it had joined 30+ U.S. states in the …
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Markets
'$500K Bitcoin Would Seal It': Scaramucci Says Crypto Is on the Cusp of Becoming an Asset Class
by shayaanby shayaan“Three trillion is like a mag 7 stock, 20 trillion is an asset class,” said Anthony Scaramucci, founder and CEO of SkyBridge …