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U.S Has its Eleventh Spot Bitcoin ETF After Hashdex Fund Conversion
27.3.2024
Trading under the ticker DEFI, asset manager Hashdex’s Bitcoin Futures ETF – which had been trading as a futures-based fund on the New York Stock Exchange since 2022 – was renamed and converted into the Hashdex Bitcoin ETF and now operates as a spot bitcoin fund
KuCoin Withdrawals Spike to $1B in Crypto Amid U.S. Regulatory Clampdown
27.3.2024
The surge occurred as U.S. federal prosecutors charged the exchange and two of its founders with violating anti-money laundering laws on Tuesday
Tidal and Hashdex launch U.S. Spot Bitcoin ETF trading
27.3.2024
Tidal Investments LLC and Hashdex Asset Management Ltd., two of the world’s top asset managers focusing on cryptocurrencies, announced today that the Hashdex Bitcoin Futures ETF will now be known as the Hashdex Bitcoin ETF. With effect from March 27, 2024, DEFI’s name reflects...
Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina
27.3.2024
Texas-based cryptocurrency mining firm Giga Energy has expanded its operations to Argentina following its expansion across the U.S. and into Shanghai, tapping into the gas flaring trend.
The post Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina appeared first on Cryptonews
House Republicans Demand SEC Clarify Its Position Regarding Prometheum
27.3.2024
House Republicans have written a letter to the U.S. Securities and Exchange Commission (SEC) urging for clarity regarding Prometheum and whether Ethereum is considered a security.
The post House Republicans Demand SEC Clarify Its Position Regarding Prometheum appeared first on Cryptonews
Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today
27.3.2024
Hashdex Asset Management and Tidal Investments spot Bitcoin exchange traded fund (ETF) will begin trading later today in the U.S. under the ticker symbol DEFI.
The post Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today appeared first on Cryptonews
U.S. Sanctions Hezbollah Crypto Operator Linked to Terrorist Funding
26.3.2024
A hawala operator who worked with agents from Hezbollah on cryptocurrency funding infrastructure has been sanctioned by the U.S. Treasury’s Office of Foreign Assets Control (OFAC), the federal agency announced Tuesday. Tawfiq Muhammad Said Al-Law is accused of providing digital wallets to...
US Sanctions Russian Crypto Entities Following Potential Sanctions Evasions
26.3.2024
The U.S. has hit Russian crypto-related entities and individuals with additional sanctions following potential prior evasions aimed at funding the Putin-led country’s war against Ukraine, the Office of Foreign Asset Control (OFAC) revealed Monday. The latest announcement from OFAC marks the second...
Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges
26.3.2024
U.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of its investors about operating in the U.S. and failed to both register with U.S. government entities...
A16z-Backed Protocol Unveils U.S. Dollar Stablecoin Passing Yield from RWA and DeFi
26.3.2024
Angle also aims to establish a forex hub offering seamless conversion between its dollar and euro-pegged stablecoins
Soaring U.S. Debt Means Potential for Liz-Truss-Style Market Shock, CBO Warns
26.3.2024
Bitcoin and gold may already be pricing in a crisis scenario. Both recently set new record highs amid an elevated interest-rates environment worldwide
SEC Pressing for $2 Billion in Fines and Penalties from Ripple Labs: Garlinghouse
26.3.2024
Ripple Labs CEO Brad Garlinghouse says on X that the U.S. SEC is seeking $2 billion in fines and penalties from the company with sealed filing underway.
The post SEC Pressing for $2 Billion in Fines and Penalties from Ripple Labs: Garlinghouse appeared first on Cryptonews
What Happens if the SEC Brands ETH a Security?
26.3.2024
The status of Ethereum is in limbo – currently Eth is not considered a security by the U.S. Securities and Exchange Commission (SEC) -- but this could all change very quickly.
The post What Happens if the SEC Brands ETH a Security? appeared first on Cryptonews
Senator Elizabeth Warren Criticizes Crypto, Claims It Threatens U.S. Security and “Helps Terrorists
25.3.2024
Senator Elizabeth Warren (D-MA) criticized North Korea’s crypto usage and the rise of crypto “pig butchering” scams at a Thursday hearing of the Senate of Armed Services, claiming that cryptocurrency as a whole poses “a threat to our national security.” Warren has long been openly anti-crypto...
How Many Years Will Sam Bankman-Fried Get In Prison, Really?
22.3.2024
Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison. Former U.S. Assistant Attorney and white-collar crime expert Kevin J. O'Brien weighs in on the FTX estate and Bankman-Fried's prison time.
The...
Unabomber Prosecutor to Conduct FTX Probe Into Law Firm Sullivan and Cromwell’s “Conflicts of Interest”
22.3.2024
Unabomber prosecutor Robert J. Cleary has been approved by a U.S. bankruptcy judge to probe law firm Sullivan and Cromwell’s potential conflicts of interests in relation to FTX. Cleary's appointment marks a significant shift into the collapse of FTX following over a year of calls for an appointment...
U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight
22.3.2024
Gary Gensler wants 33 more people in the enforcement division of the U.S. Securities and Exchange Commission (SEC) to deal with "new and emerging issues," according to the regulator's annual budget pitch. Much of that office's recent, emerging workload has come from the agency's pursuit...
Argentina’s Greenback Love Is Being Substituted by a Bitcoin Rush
22.3.2024
The popular savings strategy of exchanging pesos for U.S. dollars in Argentina is being substituted by bitcoin investments, which have had better performance lately. Numbers from Lemon, a local cryptocurrency exchange, indicate bitcoin purchases have risen to their highest number in 20 months...
U.S. Government's Legal Precedents Don't Support Lengthy Prison Term, Bankman-Fried's Defense Argues
22.3.2024
Sam Bankman-Fried's lawyers have pushed back against the U.S. government's sentencing memo which makes the case for why it thinks the former FTX CEO should be handed a sentence in the range of 40-50 years, a court filing on Wednesday shows
US Law Enforcement Arrests Mastermind of $1.2 Million MEV Rug Pull Scam
21.3.2024
The U.S. law enforcement authorities have arrested Robert Robb, a MEV bot engineer known as “pokerbrat” for allegedly masterminding a $1.2 million crypto rug pull scam. Robb was detained on March 20, according to a screenshot from the Detention Center Inmate information of the Henderson...