Bitmart users with frozen assets have formed a committee led by Echo Base to seek recovery options after Bitmart ignored a $10 million bankruptcy restructuring offer. The committee has hired legal counsel to explore claims and recovery, as Bitmart has been unresponsive and delayed updates on its restructuring plan. Echo Base warns that recovery options are shrinking as Bitmart staff plans to exit by January 2027. Legal investigations are ongoing for users with trapped funds of $500,000 or more, highlighting concerns over possible misappropriation of funds.
SoFi Technologies is rated a Strong Buy due to strong member growth, effective cross-selling, and leading revenue expansion in its sector. The company has achieved a record 1.54 products per member, boosting average revenue per user and operating lev...
The Bank for International Settlements (BIS) published a working paper on September 2, 2026, detailing a blockchain system built on the XRP Ledger to protect official economic data from alteration. The system creates cryptographic fingerprints of dat...
Strategy sold 6,916 bitcoins at an average price of $62,200 between late June and mid-August to finance dividends and strengthen its financial position. A few weeks later, it repurchased 4,603 bitcoins at a higher average price of $80,318, reflecting...
Standard Chartered has introduced institutional Bitcoin and Ether spot trading in the UAE through its Dubai International Financial Centre (DIFC) branch. This service allows eligible clients to trade deliverable BTC and ETH using the bank’s existing ...
At a Bitwise event attended by about 400 wealth managers, XRP was the cryptocurrency that generated the most audience questions, signaling strong curiosity. However, 67% of attendees currently do not allocate client portfolios to crypto, though 60% e...
