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South Korean funeral company reveals $33 million loss on leveraged ether ETF bet

South Korean funeral company reveals $33 million loss on leveraged ether ETF bet

1 week ago by Crypto InsightsCrypto

A South Korean funeral services company has reported an unrealized loss of about 45 billion won ($33 million) tied to investments in leveraged ether (ETH) exchange-traded funds (ETFs). The Seoul-based Bumo Sarang, Korean for Parental Love, invested in the T-REX 2X Long BMNR Daily Target… Read More

Circle (CRCL) is trying to prove it’s more than just a stablecoin company with $3 billion blockchain

Circle (CRCL) is trying to prove it’s more than just a stablecoin company with $3 billion blockchain

3 weeks ago by Crypto InsightsCrypto

Circle’s (CRCL) upcoming Arc blockchain and its $222 million token presale are raising a broader question for crypto investors: should Circle still be valued mainly as a stablecoin issuer, or as an infrastructure company building the rails for digital finance? Alongside its quarterly earnings this… Read More

Mubadala Investment Company and Al Warda boosted IBIT stakes in Q4

Mubadala Investment Company and Al Warda boosted IBIT stakes in Q4

3 months ago by Crypto InsightsCrypto

Two of Abu Dhabi’s major investment firms increased their exposure to bitcoin BTC$66,939.80 in the fourth quarter of 2025, buying into BlackRock’s spot bitcoin ETF as the market fell, according to recent regulatory filings. Mubadala Investment Company, a sovereign wealth fund backed by the Abu… Read More

Hong Kong regulator approves first crypto company license since June last year

Hong Kong regulator approves first crypto company license since June last year

3 months ago by Crypto InsightsCrypto

Hong Kong’s Securities and Futures Commission (SFC) granted a crypto license to Victory Fintech (VDX), an affiliate entity of publicly listed financial services firm Victory Securities (8540). Victory won permission to operate a digital asset trading platform on Friday, according to the SFC’s registry of… Read More

Galaxy Digital shares jump 18% after company approves $200 million buyback

Galaxy Digital shares jump 18% after company approves $200 million buyback

4 months ago by Crypto InsightsCrypto

Shares of Galaxy Digital (GLXY) jumped 18% to $19.90 on Friday after the company approved a share repurchase program of up to $200 million, giving it authority to buy back its Class A common stock over the next 12 months. The buybacks may be executed… Read More

SBF’s cohorts at FTX take last SEC hit, Ellison banned from company roles for decade

SBF’s cohorts at FTX take last SEC hit, Ellison banned from company roles for decade

5 months ago by Crypto InsightsCrypto

Three of the top former executives at FTX and its affiliates have accepted final punishments from the U.S. Securities and Exchange Commission as the agency resolves its enforcement cases connected to the exchange’s collapse, the SEC said in a litigation notice on Friday. As former… Read More

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