Author
571 posts
Bena Ilyas
Latest Articles
Trump Win Could Send Bitcoin Soaring to $90K, Says Bernstein
By Bena Ilyas
• 3 mins read
Polymarket betting platform has seen over $1.5 billion wagered on the US presidential election. Its odds lean toward Trump, likely due to his pro-crypto stance.
Bitcoin ETFs Surge with $235M Inflows as Ethereum ETFs Stall
By Bena Ilyas
• 2 mins read
The divergence in the performance between Bitcoin and Ethereum ETFs underscores the unique market conditions each faces.
FTX Creditors to Gain 119% Return amid $14 Billion Payout
By Bena Ilyas
• 3 mins read
98% of FTX’s creditors will receive 119% of their allowed claim as of November 2022, meaning creditors will not only recoup their initial investments but also gain additional returns.
Hong Kong’s SFC to Approve 11 Crypto Exchange Licenses by Year-End
By Bena Ilyas
• 3 mins read
SFC’s Chief Executive Julia Leung mentioned that 11 platforms are on the SFC’s “deemed-to-be-licensed” list, and the regulator has completed inspections.
Trump Surges to 50.8%, Edges Out Harris in Polymarket Betting
By Bena Ilyas
• 3 mins read
Despite Trump’s recent 50.8% chance of winning, Harris’s odds surged from 5% to 54% between July 1 and August 14, reducing Trump’s from 66% to 44%.
FBI Exposes $30M ICHCoin Crypto Scam Targeting US Investors
By Bena Ilyas
• 3 mins read
Amanda Culver, FBI Houston’s Assistant Special Agent in Charge, stressed the severity of the scam, pointing out that some individuals have lost everything.
Bitcoin Bounces Off Key Level, Analyst Calls Current Price ‘No-Brainer’
By Bena Ilyas
• 3 mins read
Chief Investment Officer at Lekker Capital, Quinn Thompson, expressed confidence in the market, suggesting it’s a clear opportunity to bid despite short-term fluctuations.
Taiwan’s FSC Implements Strict AML Rules for Crypto Firms by 2025
By Bena Ilyas
• 3 mins read
The new rules will take effect on January 1, 2025, giving VASPs until September to register. Local reports confirm that companies not meeting these standards will face harsh penalties.
Stablecoin Transactions Constitute 43% of Sub-Saharan Africa’s Volume
By Bena Ilyas
• 3 mins read
Eric Jardine, Chainalysis’s Cybercrimes Research Lead, said that as local currencies lose value, people increasingly adopt USD-pegged stablecoins.
AFP Seizes $6.4 Million Cryptocurrency from Encrypted App Creator
By Bena Ilyas
• 2 mins read
The seized funds are expected to be transferred to the government shortly, with plans to allocate them to strengthen law enforcement initiatives.