Search
Gary Gensler Maintains Stance on Crypto Despite SEC’s Spot Bitcoin ETF Approval
11.1.2024
Source: Adobe / Artsaba Family Securities and Exchange Commission (SEC) Chair Gary Gensler maintains a cautious stance on crypto despite the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the agency he leads. In a statement published on the SEC’s website on the same day as...
Coinbase to Custody Eight Spot Bitcoin ETFs Following SEC Approval
11.1.2024
Source: Coinbase Coinbase has announced its official role as the custodian for eight of the newly approved spot Bitcoin exchange-traded funds (ETFs), following a monumental decision by the U.S. Securities and Exchange Commission (SEC). According to a recent blog published by Coinbase,...
Celsius Targets Withdrawals Made 90 Days Before Bankruptcy for Repayment
10.1.2024
Source: Adobe / FellowNeko The bankrupt crypto lender Celsius Network has notified its creditors that customers who made substantial withdrawals in the 90 days leading up to the bankruptcy declaration may need to return a portion of the funds or face legal consequences. According to a notice...
FINRA’s 2024 Report Highlights Emergence of Crypto-Related Compliance Risks
10.1.2024
Source: Adobe American self-regulatory body, the Financial Industry Regulatory Authority (FINRA), has added crypto considerations for companies to its annual oversight report, released Tuesday. ???? We've published the 2024 FINRA Annual Regulatory Oversight Report to share key insights...
BitGo Gains In-Principle Approval from Authority to Operate in Singapore
10.1.2024
Source: Pixabay / sasint BitGo has recently been granted in-principle approval from Singapore’s Monetary Authority of Singapore (MAS) for a Major Payment Institution license. According to a social media post published by the established American digital asset custody firm, BitGo is one step...
Blockchain Association Addresses Sen. Warren’s Criticism of Crypto Hires
9.1.2024
Source: Pixabay The Blockchain Association has published a public response to Senator Elizabeth Warren’s criticism of the crypto industry’s hiring of former government officials. In an open letter published on January 9th, Blockchain Association CEO Kristin Smith addressed Sen. Warren’s previous...
Bank of Spain Collaborates with Cecabank, Abanca, and Adhara Blockchain for CBDC Tests
6.1.2024
Source: iStock/Zerbor Spain’s central bank, Banco de España, has revealed its selected collaborators for the testing phase of the central bank digital currency (CBDC) initiative, a year after issuing a call for collaboration. Out of 24 applications received over the past year, Bank of Spain...
Senator Thom Tillis Adds Voice in Opposition to Warren’s Anti-Crypto Bill
4.1.2024
Senator Thom Tillis (R-NC) has voiced his opposition to Senator Elizabeth Warren’s (D-MA) recently proposed anto-crypto bill, according to a letter published by Satoshi Act Fund CEO and co-founder, Dennis Porter. Tillis’ “significant concerns” Tillis’ letter, originally published by Porter to...
$1.8 Billion Cryptos Lost Across 751 Security Breaches in 2023: CertiK report
4.1.2024
Source: Pixabay/Werner Moser 2023 saw a 51% decline in the digital assets lost to hacks, scams and exploits than that of 2022. However, a staggering $1.84 billion in cryptocurrencies were lost across 751 security breaches in 2023, blockchain security firm CertiK reveals. The 2023 “Hack3d” report...
Goldman Sachs Set to Become Authorized Participant in BlackRock and Grayscale’s Bitcoin ETFs: Report
3.1.2024
Goldman Sachs is expected to be the latest financial institution to take on the role of authorized participant (AP) in two key Bitcoin ETFs, according to a new report. Traditional finance’s adoption of crypto The report, published by CoinDesk early Wednesday afternoon, claims insider sources...
“We Have Heard Nothing to Indicate Anything but Approval,” Senior ETF Analyst Says
3.1.2024
A senior ETF analyst has cast doubt on the accuracy of a new report published by crypto investment services provider Matrixport alleging the SEC may very well reject all spot Bitcoin ETF applications come January. “Massively out of consensus” “People tagging me like crazy on this “rejection”...
Monex Group Secures Majority Stake in Canada-based 3iQ
29.12.2023
Source: Pixabay Japan-based Monex Group is set to acquire a majority stake in Canadian crypto asset manager 3iQ. According to a press release published Thursday, 3iQ will collaborate with Coincheck, a Japanese cryptocurrency exchange acquired by Monex Group back in 2018, to bolster the digital...
Privacy Advocate Exposes Ledger Live’s Tracking of User Data and Network Activity
28.12.2023
Source: Pixabay A privacy advocate has alleged that the Ledger Live wallet software monitors its users and gathers information about them. In an X post published on Wednesday, privacy advocate and app developer REKTBuilder reported that Ledger Live conducts a “genuine device check” whenever users...
Record Losses in Web3 May Be Coming as Crypto Prices Rise – Immunefi
28.12.2023
Source: AdobeStock / Andy Dean Major bug bounty and security services platform Immunefi published a report detailing the loss of funds due to hacks and fraud in the Web3 ecosystem this year – and what might await in the next. The team looked into the volume of crypto funds the community lost...
Hong Kong Regulator Prepares to Approve In-Kind Spot Bitcoin ETFs
28.12.2023
Hong Kong’s financial regulator has published rules for spot bitcoin exchange-traded fund (ETF) issuers, allowing the use of both cash and in-kind creation models. This approach contrasts with the U.S. Securities and Exchange Commission (SEC), which insists on the exclusive use of the cash...
Taproot Wizards Contributor Launches Script To Remove Bitcoin Ordinals Inscriptions
27.12.2023
Source: Pixabay A contributor to Taproot Wizards has launched a script to reject Ordinals inscriptions. In an X post published on Tuesday, Rijndael, Taproot Wizards’ chief technology officer, announced that he had published a script to “rid your node of inscriptions.” “Merry Christmas,...
Bitzlato Suspends Bitcoin Withdrawals Indefinitely After Founder Pleads Guilty to Unlicensed Money Transmitting
27.12.2023
Source: Pixabay Crypto exchange Bitzlazo has temporarily suspended the withdrawal of Bitcoins from its platform. In a Telegram post published on Wednesday, the Hong Kong-based crypto exchange announced that it had suspended special balance withdrawals and technical customer support as a “temporary...
Crypto Analyst Lark Davis Predicts Ethereum Price to Surge to $15,000 in 2024 — Here’s the Latest
27.12.2023
Source: AdobeStock Cryptocurrency analyst Lark Davis has predicted that Ethereum will reach a price of $15,000 per coin in the upcoming bull cycle of 2024-2025. Despite the asset’s relatively subdued performance this year, Davis foresees a significant upswing that could potentially yield...
Bitrace Report Examines Money Laundering with Stablecoins
27.12.2023
Source: iStock/kali9 A recent report by blockchain researcher Bitrace has shed light on the potential use of stablecoins in money laundering activities. The report, published on December 26 and translated by Wu Blockchain, highlighted two distinct scenarios in which stablecoins, specifically...
Thunder Terminal Claims Security After $192,000 Exploit, Hacker Demands Ransom in Dispute
27.12.2023
Source: DALL·E Thunder Terminal has recently encountered an exploit. Despite the severity of the incident, the platform has assured users of the security of their funds. Yet the hacker claimed differently and demanded ransom. In a recent post published by the decentralized platform Thunder...