CRYPTO

Authored by Yohan Yun via CoinTelegraph.com,

Chinese investors are finding innovative ways to tap into the digital assets markets and participate in some of the year’s most profitable trends despite Beijing’s ban on cryptocurrency trading.

The government has banned crypto amid a blaze of publicity numerous times, including a 2013 ban on banks dealing in crypto, a 2017 ban on initial coin offerings and exchanges, followed by a trading and mining ban in 2021.

Despite this, accessing cryptocurrencies in the mainland isn’t that difficult, pseudonymous investor Lowell tells Magazine.

Lowell is a recent university graduate who describes herself as a full-time cryptocurrency trader. She (more…)

Morgan Stanley has officially begun pitching shares of two exchange-traded bitcoin funds – with some 15,000 financial advisors given the green light to recommend BlackRock's IShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund to clients.

That said, the firm will only allow clients with a net worth of at least $1.5 million, a high risk profile, and an interest in speculative investments to take part in the ETFs, and will only be allowed in taxable brokerage (more…)

Authored by Francisco Rodrigues via CoinTelegraph.com,

Mt. Gox was once a dominant cryptocurrency exchange, but a devastating security breach caused it to collapse and left approximately 127,000 creditors waiting to recover their funds. 

Those creditors have waited over a decade to get their hands on their Bitcoin, but surprisingly, many are still just holding onto it.

Data shows that nearly half of the Bitcoin owed to Mt. Gox creditors — 59,000 out of a total of 141,686 (more…)