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Risk of ‘Significant Drawdowns’ Pushes Cypherpunk Holdings to Sell Entire Stash of Bitcoin and Ethereum

On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The…

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Canadian Regulator Penalizes KuCoin and Bybit for Violating Securities Laws

The Ontario Securities Commission (OSC) slapped cryptocurrency exchanges KuCoin and Bybit with enforcement actions, as both companies acted in contravention of local securities laws. Bybit to Stop Accepting New Users…

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Uganda Claims Exploration Surveys Discovered 31 Million Metric Tons of Gold

While gold is often considered a scarce asset, Uganda explained on Wednesday that recently conducted exploration surveys indicate that there’s roughly 31 million metric tons of gold ore waiting to…

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