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Latest from Sheldon Reback
Bitget's Hong Kong Unit Halts Operations, Won't Apply for Crypto License
BitgetX HK, which launched in April, is withdrawing from Hong Kong and will shut operations on Dec. 13.

Cathie Wood's ARK Sold $6M of Grayscale Bitcoin Trust Shares Amid Rally
ARK offloaded 201,047 GBTC shares, worth around $6 million, from its Next Generation Internet ETF.

Genesis, Three Arrows Capital Reach Agreement on $1B of Claims
The bankrupt crypto lender is seeking court approval to settle the claims with a $33 million payment to the defunct hedge fund, 3AC.

Crypto Exchange Bithumb Plans South Korea IPO in Second-Half 2025: Report
Bithumb is aiming to close the market-share gap with fellow exchange Upbit, which has over 80% of the South Korean market.

Grayscale Discount Continues to Narrow as Spot Bitcoin, Ether ETF Euphoria Works Through Markets
Prices on the majors stabilized after a rally at the end of the U.S. trading week, while the crypto winter continues to thaw in every part of the market from bitcoin to ether and DEXs.

The Crypto Market Rally Looks Overdone, JPMorgan Says
Digital assets have seen strong gains in the last month due to excitement about the potential approval of bitcoin spot ETFs, but this bullish sentiment may be misplaced, the report said.

International Deal to Combat Crypto Tax Evasion to Start 2027 as 48 Countries Sign Up
Several countries with a sizeable interest in crypto, such as Turkey, India, China, Russia and all African nations, are not signatories to the statement.

First Mover Americas: Ether Surges on BlackRock’s ETF Plans
The latest price moves in crypto markets in context for Nov. 10, 2023.

Celsius Bankruptcy Reorganization Plan Approved by Court; Implementation by Early 2024
The order marks Celsius' exit from bankruptcy, filed in July last year, a process that also saw it make a $4.7 billion settlement with the U.S. over fraud allegations.

Poloniex Hot Wallets Hacked With $114M Seemingly Stolen: On-Chain Data
Poloniex investor Justin Sun confirmed the exploit, saying the exchange will reimburse affected users and offering a "white hat bounty" to the hacker.
