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SEC delays set deadline for Bitcoin ETF approval to early 2024
15.8.2023
With a maximum 240-day window available to the SEC to delay crypto ETF applications, some firms could wait until March 2024 to hear decisions on filings made in July 2023
Your rights in the metaverse: The benefits and challenges of collaborating in the digital age
15.8.2023
Collective creativity and shared ownership of content in the metaverse raise considerations regarding fair use, credit and compensation for creative contributions
LBank Revives IEO: A Look at the IEO Powerhouse LBank and its Historical Yields
15.8.2023
As the cryptocurrency market has witnessed a decline for over a year, many investors have chosen to liquidate their assets or move to alternative markets. However, 2023 has painted a different picture, positioning cryptocurrency as one of the best-performing investments. According to CoinMarketCap...
Dubai lures AI, Web3 enterprises with 90% subsidized commercial licenses
15.8.2023
In addition to attracting talent, Dubai has also given out operational licenses to crypto exchanges over the past several months
Grayscale Bitcoin ETF decision could happen this week, say pundits
15.8.2023
The pending Grayscale ruling could impact the race for an approved spot Bitcoin exchange-traded fund
Anthropic AI raises $100m from South Korea to bolster telecommunications industry
14.8.2023
The Google-backed AI developer Anthropic raised $100 million in funding from South Korean telecommunications giant SK Telecom to bolster industry
Redefining Possibilities in RWAs: BG Trade Gears Up for 2 Exchange Listings and IDO Debut
12.8.2023
PRESS RELEASE. In the ever-evolving landscape of finance and investments, BG Trade has emerged as a trailblazing platform that reshapes real-world assets (RWA) issuance and trading. The company’s innovative approach introduces a groundbreaking concept known as the “Meta-Asset...
SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments
11.8.2023
ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm's spot BTC ETF application
SEC punts on ARK 21Shares spot Bitcoin ETF, opens proposal to comments
11.8.2023
ARK Investment Management founder and CEO Cathie Wood predicted on Aug. 7 the SEC would delay its decision on the firm’s spot BTC ETF application
Dubai-Based Illuminati Capital Raises $50 Million for Web3 and Gaming Investments
11.8.2023
The new Dubai-based crypto venture fund Illuminati Capital has raised $50 million for a fund that aims to invest in early-stage blockchain and Web3 gaming startups.
According to a report from VentureBeat, the hope with the new VC fund is to bring the founders’ experience from the blockchain...
TSMC Advances Towards 2-Nanometer Chips in Taiwan; A Breakthrough That Could Revolutionize Bitcoin Mining
10.8.2023
Taiwan Semiconductor Manufacturing Co. (TSMC) is taking bold strides toward the future of semiconductor technology, planning to manufacture next-generation 2-nanometer (nm) chips at a new plant in Kaohsiung, Taiwan. Reports detail that the date for mass production remains undecided, with...
Temasek, Sequoia Capital, Softbank and 15 VCs face lawsuit for “abating” FTX fraud
9.8.2023
The lawsuit alleged that these VC firms made many deceptive and misleading statements about FTX while encouraging customers to invest in the exchange for their personal gain
Report: Cryptopunks and Blue Chips Power Top NFT Traders to Over $300 Million in Profits
8.8.2023
The top 15 traders in the Ethereum non-fungible token (NFT) market have amassed up to $101.6 million in profits, as revealed in Coingecko’s latest NFT report. These traders lucratively capitalized on early investments in esteemed blue-chip NFT collections such as Cryptopunks, Bored Ape Yacht...
Cathie Wood predicts SEC simultaneously allowing multiple spot crypto ETFs: Report
7.8.2023
ARK Investment Management is one of many firms looking for ways to offer U.S. investors exposure to crypto through exchange-traded funds
Crypto Asset Manager Grayscale Predicts CBDC Support from Next US President, Finds No Red vs. Blue Divide in Crypto Stance
5.8.2023
Crypto asset manager Grayscale believes the next President of the United States will support the development and implementation of a central bank digital currency (CBDC).
In a recent blog post, Grayscale argued that the current frontrunners in both political parties have expressed their favorable...
INSR Token to be Listed on MEXC Global Exchange on August 7
5.8.2023
PRESS RELEASE. MEXC is excited to inform that the revolutionary cryptocurrency INSR Token, aimed at providing secure investments on decentralized pre-sale platforms, will be officially listed on the MEXC Global Exchange on August 7. This listing represents an important milestone for the INSR Token...
Australian Regulator Sues Etoro to ‘Protect Consumers From High-Risk CFD Products’
4.8.2023
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the crypto platform Etoro. The lawsuit relates to Etoro’s contract for difference (CFD) product which ASIC alleges to be in breach “of design and distribution obligations and of Etoro’s license...
AI chip developer gets $100 million from Samsung and Hyundai
3.8.2023
The AI chip developing company Tenstorrent just closed a funding round worth $100 million which was led by manufacturing giants Samsung and Hyundai
Robinhood turns profitable in Q2, but crypto revenue declines
2.8.2023
Robinhood achieved profitability for the first time since becoming a public company in the second quarter of 2023. Its crypto revenue, however, continues to decline
FTX Unveils Reorganization Strategy, Proposing ‘Offshore Crypto Exchange’ and New Trust
1.8.2023
In the midst of the bankruptcy proceedings, FTX presented its primary reorganization strategy and term sheet to the U.S. bankruptcy court, detailing an ambitious plan to reinvent FTX as an “offshore crypto exchange” while also founding a new limited liability trust. At this time, the proposed...