[Jun 1, 2024 3:23 PM] Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), as its name was removed from the application filed with 21shares. The ETF, now renamed 21shares Core Ethereum ETF, reflects…
[Jun 1, 2024 1:26 PM] Ripple CEO Brad Garlinghouse foresees the emergence of exchange-traded funds (ETFs) for cryptocurrencies beyond bitcoin and ether, following the U.S. Securities and Exchange Commission (SEC) approval of spot bitcoin and ethereum ETFs. At the…
[May 31, 2024 9:16 PM] The Grayscale-Harris Poll survey, conducted in April-May 2024, reveals crucial insights into American likely voters’ views on cryptocurrency and its potential impact on the upcoming presidential election. The survey, involving over 2,000…
[May 31, 2024 6:37 PM] Two Estonian nationals have been extradited from Estonia to the U.S. to face charges for their roles in “a massive multi-faceted cryptocurrency Ponzi scheme,” according to an announcement by the U.S. Department of Justice (DOJ). Sergei…
[May 31, 2024 4:10 PM] The rising trend of “re-staking” has driven significant cryptocurrency investments into platforms that reward users for locking up their tokens. Leading this movement is Seattle-based startup Eigenlayer, which secured $100 million in…
[May 30, 2024 10:21 PM] David Kagel, a disbarred California attorney, pleaded guilty to orchestrating a cryptocurrency Ponzi scheme that defrauded victims of over $9.5 million. Kagel, 85, promised high returns through artificial intelligence trading bots and falsely…
[May 30, 2024 4:17 PM] Global investment bank JPMorgan’s JPM Coin has seen a significant surge in transactions, according to Umar Farooq, head of Onyx by JP Morgan. During a session at the Consensus conference, Farooq stated, “We’ve seen the number of transactions…
[May 30, 2024 2:35 PM] Cryptocurrency exchange Gemini announced on Wednesday that Earn users have received $2.18 billion of their digital assets in kind, representing 97% of their assets owed and a 232% recovery since Genesis halted withdrawals. This recovery follows a…
[May 29, 2024 8:22 PM] The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase…
[May 29, 2024 7:44 PM] The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM…
[May 29, 2024 6:15 AM] Ripple announced a $25 million contribution to Fairshake, a federal super Political Action Committee (PAC) supporting pro-crypto political candidates in the 2024 elections. This follows a similar $25 million contribution made in 2023. The…
[May 28, 2024 10:21 PM] The Bank of Israel has announced the Digital Shekel Challenge, inviting various entities — private companies, public sector organizations, and academic institutions — to participate in the digital shekel’s experimental environment. The…
[May 28, 2024 8:28 PM] A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa…
[May 28, 2024 6:41 PM] Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held…
[May 27, 2024 6:40 PM] The Turkish parliament’s Planning and Budget Committee will discuss a draft law this week that would require crypto asset service providers to obtain licenses and register. This move aims to enhance Turkey’s compliance with the…
[May 27, 2024 4:31 PM] Adam Rozencwajg of Goehring and Rozencwajg, a fundamental research firm specializing in contrarian natural resource investments, forecasts a sustained bull market for gold, driven by increasing geopolitical tensions, central banks’ efforts to…
[May 27, 2024 12:10 PM] Global investment management and research firm Bernstein states that cryptocurrency is evolving into a substantial business opportunity for asset managers. With the recent decrease in the popularity of ESG (Environmental, Social, and Governance)…
[May 27, 2024 11:15 AM] U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That…
[May 27, 2024 6:35 AM] Nomura Holdings, a leading global financial services group, has partnered with Laser Digital, its subsidiary focused on digital asset solutions, and GMO Internet Group, a prominent Japanese technology company renowned for its internet…
[May 25, 2024 6:40 PM] Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Crypto.com, are expanding their workforces, collectively offering over 1,200 job openings. Binance leads this hiring surge with 460 roles, followed by Okx with 414, Crypto.com…
[May 25, 2024 7:25 AM] Cryptocurrency exchange Okx has decided to withdraw its virtual asset service provider (VASP) license application in Hong Kong. As a result, Okx will stop offering centralized virtual asset trading services to Hong Kong residents by May 31, 2024…
[May 25, 2024 3:31 AM] Stand with Crypto, a global crypto advocacy organization, is expanding its initiative to the United Kingdom. Originating in the U.S., where it has garnered over 700,000 sign-ups and gained momentum with the passing of FIT21 in the House of…
[May 24, 2024 9:55 AM] A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and…
[May 24, 2024 8:45 AM] Cryptocurrency exchange Coinbase has filed a reply memorandum supporting its motion to certify an interlocutory appeal in its lawsuit against the U.S. Securities and Exchange Commission (SEC), which alleges that certain digital asset transactions…
[May 24, 2024 7:10 AM] Gate.HK, the Hong Kong arm of cryptocurrency exchange Gate.io, is undergoing a significant platform overhaul to enhance security and compliance, withdrawing its applications for licensing under Hong Kong’s Securities and Futures Ordinance…
[May 23, 2024 8:05 PM] Former Heartland Tri-State Bank CEO Shan Hanes pleaded guilty on Thursday to embezzling $47.1 million for personal cryptocurrency purchases, leading to the bank’s collapse. From May to July 2023, Hanes executed at least 10 wire transfers from…
[May 23, 2024 4:33 PM] ESET Research has disclosed that the Ebury botnet, a formidable malware campaign targeting servers, is still active and expanding. Initially recognized for its capability as a server-side backdoor, Ebury has compromised roughly 400,000 Linux…
[May 22, 2024 6:25 PM] Standard Chartered’s head of digital asset research, Geoff Kendrick, has predicted a significant rise in bitcoin’s price, potentially surpassing its previous all-time high of $73,798 by this weekend. His optimistic outlook is fueled…
[May 22, 2024 3:16 PM] David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI infrastructure. Despite these factors, Solomon…
[May 21, 2024 4:20 PM] Crypto Freedom Alliance of Texas and Blockchain Association filed a motion on May 17 to vacate the U.S. Securities and Exchange Commission (SEC)’s new Dealer Rule. The plaintiffs’ counsel argues that the SEC’s expanded definition…
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