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Nalezeno "Announcement": 845

Crypto Bank Sygnum Raises $40 Million for Expansion and Mergers


Sygnum AG, a global digital asset bank, has successfully raised $40 million in a strategic funding round led by Azimut Holding. According to Sygnum’s latest announcement, the bank completed the oversubscribed funding round with over $40 million, exceeding its original $35 million target. Following...

SEC Got SIM Swapped: How Hacker Gained Control of SEC’s X Account


The U.S. Securities and Exchange Commission (SEC) has admitted that a SIM swap attack compromised its X account, where a fake announcement about the approval of spot bitcoin exchange-traded funds (ETFs) was posted. “The unauthorized party obtained control of the SEC cell phone number...

BIS Unveils 2024 CBDC Plans, Project ‘Aurum’ Enters New Phase


Source: BIS The Bank of International Settlements (BIS) has unveiled that its central bank digital currency (CBDC) is entering a new phase this year. Dubbed ‘Aurum,’ the CBDC project will explore “the privacy of payments in retail CBDCs,” BIS noted. The announcement came Tuesday as a part of BIS’s...

US Treasury Announces New Sanctions Against Hamas-linked Crypto Companies


The United States Department of the Treasury’s Office of Foreign Assets Control has imposed new sanctions on facilitators and networks involved in crypto transactions linked to the Palestinian militant group Hamas. In an announcement posted on January 22, the Office of Foreign Assets Control...

Revealed: Key Recommendations from US GAO to SEC on Spot Bitcoin ETF


Source: AdobeStock The landmark announcement of a spot Bitcoin exchange-traded fund (ETF) approval has significantly impacted the financial landscape. While the market sentiment has been predominantly positive, a recent revelation shows that the US Government Accountability Office (GAO) had a...

VanEck Plans To Close and Liquidate its Bitcoin Futures ETF “XBTF”


Asset management firm VanEck will close and liquidate its Bitcoin futures ETF “XBTF,” less than two years after its initial launch. In an announcement posted on January 17th, VanEck announced that its board of trustees had approved the liquidation. The company will now liquidate...

Game Over for NFTs? Will the Market Recover in 2024


Non-fungible tokens, or NFTs, have faded into the background with all the chatter and excitement around a spot Bitcoin exchange-traded fund being approved in the US market. Earlier today GameStop revealed it has shut down its NFT marketplace, signaling its withdrawal from the cryptocurrency space....

LBank Announces Fourth Launchpad, Featuring EchoLink


PRESS RELEASE. LBank, a leader of global crypto exchange, announced the launch of its fourth Launchpad on January 26, 2024, featuring the project EchoLink. This announcement has garnered widespread market attention, following the significant success of LBank’s previous Launchpad projects...

Gamestop’s Cryptocurrency Adventure Pauses: NFT Marketplace Closure Looms


In an announcement prominently displayed on the Gamestop non-fungible token (NFT) marketplace, the company has revealed its intention to shut down the platform on Feb. 2, 2024. This decision means that users of the Gamstop NFT market will lose the ability to “buy, sell, or create NFTs.”...

Venezuela’s Petro Cryptocurrency to Cease Operations on Jan 15


Source: RawBeautyPixels/Adobe Venezuela’s national cryptocurrency, the Petro (PTR), is set to cease operations on January 15. The Petro, introduced in 2018 with the goal of helping the country evade United States sanctions, failed to gain widespread adoption throughout its existence....

Two South Korean Brokerages Pause Transactions of Foreign Spot Bitcoin ETFs


Source: Pixabay Two major South Korean securities firms have suspended transaction services of foreign spot Bitcoin ETFs. Following an announcement from South Korea’s Financial Services Commission, the country’s top financial watchdog, Samsung Securities and Mirae Asset Securities...

Phoenix Invests $187 Million in Bitmain BTC-Mining Machines Acquisition


Source: AdobeStock/artiemedvedev Blockchain mining firm Phoenix Group PLC has successfully acquired mining equipment valued at $187 million from Bitmain Development PTI Limited. In an announcement made on January 9, Phoenix Computer Equipment, a subsidiary of Phoenix Group, disclosed that...

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