Thursday Blockchain & Crypto News Roundup

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Huobi the Singapore based crypto exchange has now launched their own derivative market named “Huobi DM”

Swiss mining firm Envion AG have been shut down by Zug Court, investors need to write to the bankruptcy office within one month to be taken into consideration during the bankruptcy proceedings

Steemit the decentralised social media platform lays off 70% of their staff following the market crash

The SEC have been denied an injuction against Blockvest by a U.S. court after an emergency court order was granted in October related to whether or not the BLV tokens offered to 32 test investors were securities or not.

Galaxy Digital the crypto investment bank owned by Mike Novagratz has reported losses of $136 million so far this year. Market shares for Galaxy Digital have dropped by 55%

A court in Cyprus has withdrawn their money laundering and fraud lawsuit against BTC-e former operator Alexander Vinnik

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