Author
571 posts
Bena Ilyas
Latest Articles
Spot Bitcoin ETFs Sees 7th Consecutive Day of Outflow Streak
By Bena Ilyas
• 2 mins read
Bitcoin ETFs in the US saw $34.4 million net outflow on May 2nd, a significant drop from the previous day’s record $563.7 million. Interestingly, BlackRock and Fidelity’s Bitcoin ETFs, ranking 2nd and 3rd in terms of total net assets, saw zero net flows on Thursday
Tether Steps Up Monitoring of Token Usage to Combat Illicit Finance
By Bena Ilyas
• 2 mins read
This collaboration with Chainalysis provides Tether with advanced tools to detect transactions involving sanctioned entities and track the activities of major token holders.
Terraform Labs’ Do Kwon Challenges SEC’s $5.3 Billion Penalty
By Bena Ilyas
• 3 mins read
Do Kwon’s lawyers contend the court should not grant any injunctive relief or disgorgement and should impose at most a $1 million civil penalty against Terraform Labs.
Solana-Based Meme Coin Bonk Killer Hits $328T Market Cap to Trap Investors
By Bena Ilyas
• 3 mins read
Bonk Killer amassed a market value swiftly. However, this growth halted abruptly when traders found they couldn’t sell their tokens.
Binance’s CZ Could Be Richest Person Ever to Go to Prison in US
By Bena Ilyas
• 3 mins read
Despite Zhao plea and the severity of the charges, Binance continues to thrive in the booming cryptocurrency market, with over 40 million new users in 2023, up 30% from the previous year.
Tether Invests $200M in Blackrock Neurotech for BCI Revolution
By Bena Ilyas
• 3 mins read
Tether’s strategic investment will greatly assist Blackrock Neurotech in achieving its objectives.
Bernstein Report: Slowdown in Bitcoin ETF Inflows Is Short-term Pause
By Bena Ilyas
• 3 mins read
Chhugani and Sapra emphasize the time needed for Bitcoin to be widely accepted as a legitimate investment option for diversifying portfolios.
Australia Set to Launch Bitcoin ETFs, Following US and Hong Kong Success
By Bena Ilyas
• 3 mins read
Australia’s foray into Bitcoin ETFs signifies a growing global acceptance of cryptocurrencies as legitimate investment vehicles.
UK Expands Crypto Asset Seizure Powers to Tackle Criminal Activity
By Bena Ilyas
• 3 mins read
The United Kingdom’s proactive approach paves the way for secure crypto environments.
Fidelity’s Spot Bitcoin ETF Records Outflow for First Time amid $217M Outflows Yesterday
By Bena Ilyas
• 3 mins read
The much-anticipated Bitcoin halving event on April 20 was expected to trigger a price surge but failed to deliver the anticipated impact. Instead, Bitcoin saw a subsequent 15% drop.