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Cathie Wood’s Ark Invest and 21Shares Amend Bitcoin Spot ETF Application


Image Source: iStock Cathie Wood’s Ark Invest has made a recent amendment to its spot Bitcoin exchange-traded fund (ETF) application in collaboration with 21Shares. The amended filing, dated November 20, offers insights into the proposed spot Bitcoin ETF, focusing on critical aspects such...

Kronos Research Loses $26 Million in Unauthorized API Access Incident


According to Kronos Research, the crypto trading firm lost assets worth $26 million on Nov. 18 after an unknown party illegally accessed its application programming interface (API). Kronos Research claimed the losses associated with the unauthorized API access do not constitute “a...

AvaCloud helps Citi test a unique application


AvaCloud, an entity affiliated with Ava Labs, granted Citi the privilege of evaluating a pioneering application they had developed. Using a blockchain framework, this application calculates and executes simulated bilateral spot foreign exchange (FX) transactions.  AvaCloud is a customized...

BlackRock Files Spot Ether ETF Application


The world’s largest asset manager, BlackRock, formally filed an application for a spot Ethereum exchange-traded fund on Wednesday, November 15th. A 2% increase Filing an S-1 form with the United States Securities and Exchange Commission (SEC), BlackRock has labeled the exchange-traded fund iShares...

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