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VanEck Fined by SEC for ETF Marketing Blunder


VanEck has been fined $1.75 million by the Securities and Exchange Commission (SEC) after failure to disclose a social media influencer’s role in the launch of an exchange-traded fund (ETF). In March 2021, Van Eck launched a “Social Sentiment ETF” trading under the ticker “BUZZ.” The ETF tracks...

Crypto Widget WordPress Plugin Flagged as “Critical” Cybersecurity Risk


A crypto widget plugin for web content management system WordPress was named as a “critical cybersecurity risk” yesterday. A security bulletin released by the Cyber Security Agency of Singapore (CSA) noted that a plugin called “The Cryptocurrency Widgets – Price Ticker & Coins List”...

Bitcoin Mining Firm GRIID Debuts on Nasdaq


Today, Bitcoin mining company GRIID commenced trading on the Nasdaq stock exchange. In a January 29 press release, the company announced it would begin trading under the ticker symbol ‘GRDI’. “Today marks a significant milestone for GRIID as we begin to trade in the U.S. market,” GRIID...

Ark Invest’s Crypto-Powered ESG Fund Emerges as Top Performer of 2023


Ark Investment Management’s best-performing ESG fund of 2023 had made a bold bet on cryptocurrencies. The $2.4 billion Nikko AM Ark Positive Change Innovation Fund (ticker NIPCIPJ LX) achieved an outstanding return of 68% last year, surpassing the gains of the S&P 500 index. What makes...

BlackRock’s New Bitcoin ETF Debuts Strong, Holding Over $120 Million in BTC


BlackRock’s spot Bitcoin ETF now holds 2,620 BTC worth $120 million after launching on the Nasdaq exchange. Image by Sundry Photography, Adobe Stock. BlackRock’s new spot bitcoin exchange-traded fund (ETF) is off to a powerful start, holding 2,620 bitcoins worth over $120 million after...

Notable Absence of Hashdex in Latest Round of S-1 Bitcoin ETF Amendments


Source: Adobe / Backcountry Media In the recent wave of amended S-1 filings by multiple asset managers on January 8, the notable absence of digital asset management firm Hashdex has caught the attention of industry observers. The firm, which already offers a Bitcoin futures-based exchange-traded...

Coinbase Stock Outperforms Bitcoin and Ethereum: What’s Behind the Surge?


Source: Adobe / piter2121 Shares of the crypto exchange Coinbase with the ticker COIN are surging in the stock market, currently trading at $128.27, the highest level seen in 2023. The current stock price surpasses the previous peak of $110.15 from July and aligns with price levels from May 2022...

Bitcoin Soars as Blackrock Moves Closer to Launching Spot Bitcoin ETF


Blackrock is moving forward with the process of bringing its spot bitcoin exchange-traded fund (ETF) to market. The world’s largest asset manager has secured a ticker symbol and a CUSIP number for its forthcoming spot bitcoin ETF, which is now listed on the Depository Trust and Clearing...

What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano


On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency landscape evolves, ADA has emerged as a key contender....

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