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Bitcoin Takes Hit As SEC Reportedly Brands ETF Filings 'Inadequate'


The US Securities and Exchange Commission (SEC) has raised concerns about recent applications for spot bitcoin exchange-traded funds (ETFs).  The agency found that the applications, submitted by asset managers like BlackRock and Fidelity through exchanges Nasdaq and CBOE Global Markets, lacked...

Bitcoin To Secure Second Quarterly Gain As Smaller Tokens Struggle


Bitcoin (BTC) continues to establish its dominance in the digital asset market as it records new gains in the wake of the Securities and Exchange Commission’s (SEC) crackdown on altcoins.  The largest asset by market capitalization has surged 86.31% year-to-date (YTD) to recover from a turbulent...

US Court Orders Operator of Digital Asset Trading Scam to Pay $54 Million


According to the Commodity Futures Trading Commission (CFTC), Michael Ackerman, the operator of an alleged fraudulent digital asset trading scheme, has been issued with an injunction order which bars him from trading in any CFTC-regulated markets or registering with the CFTC. The injunction also...

Chinese Firms Using Digital Yuan to Pay Electricity Bills


Energy providers in China are adding digital yuan payment options, allowing companies and individuals to settle their bills in the nation’s central bank digital currency (CBDC). Per the news outlet Dizo, the city of Suzhou’s Xiangcheng District’s drainage and sanitation companies recently used...

Our Favorite Cosplay From MCM London Comic Con


The MCM London Comic Con is held twice a year, but for this gallery we’ll be looking at the most recent event, which went down in late May. Held at the ExCeL London convention centre, it drew a ton of cosplayers, and we’ll be featuring some of our favourites in this gallery.Read more

China Looks to Add Digital Yuan Functionality to Social Security Cards


China may add digital yuan functionality to government-issued social security cards, in a possible new breakthrough for the central bank digital currency (CBDC). Per the 21st Century Business Herald (via NBD), the Ministry of Human Resources and Social Security wants to “explore and promote” ways...

Change the Code Blasts Wall Street for Propping Up Bitcoin Initiatives


Change The Code, a Greenpeace-backed initiative that seeks to change Bitcoin’s consensus algorithm, has blasted Wall Street companies for the support they are showing to Bitcoin-related activities. On social media, it has called out companies like Fidelity, Blackrock, JPMorgan, and Goldman...

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