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Bitcoin ETF Reserves Rise: Over 200,000 BTC Worth $9.56 Billion Gathered Since January Debut
9.2.2024
At 10:00 a.m. EDT on Feb. 9, 2024, the nine recently launched spot bitcoin exchange-traded funds (ETFs) collectively possess 202,868.61 bitcoin, valued at $9.56 billion according to current exchange rates. New ETFs Command Over 200,000 Bitcoin In the last 28 days, spot bitcoin ETFs introduced...
Blockchain Industry Groups Call EIA’s Moves on Bitcoin Mining as ‘politically Motivated’
9.2.2024
Two blockchain industry groups have called the US Energy Department’s mandatory data collection from crypto mining operators as “politically motivated campaign.” Texas Blockchain Council president Lee Bratcher and Chamber of Digital Commerce CEO Perianne Boring presented an industry statement...
UN Expert Panel Investigate $3B Worth North Korean Crypto Cyberattacks: Report
9.2.2024
An independent United Nations jury of sanctions monitors is conducting a probe into North Korea’s involvement in $3 billion worth cyberattacks on crypto firms. According to an unpublished UN report reviewed by Reuters, the monitors accused the Democratic People’s Republic of Korea (DPRK)...
Will This New $0.01 Cryptocurrency Be The Next Solana (SOL)?
9.2.2024
  In the ever-evolving world of digital currencies, a new token priced at a mere $0.01 is rapidly becoming the center of attention, drawing parallels with the explosive growth of Solana (SOL). This fresh entrant in the crypto market, boasting groundbreaking technology and an ambitious vision...
NBA Faces Class Action Lawsuit Over Voyager Digital Promotion
9.2.2024
A class action lawsuit has been filed against the National Basketball Association (NBA), accusing the league of gross negligence through its marketing agreements with the now-bankrupt crypto exchange Voyager Digital Holdings, leading to investor losses of over $4.2 billion. NBA Hit With Class...
Deepfakes Accelerating Crypto Scams on Twitter + More Crypto News
9.2.2024
Get your daily, bite-sized digest of blockchain and crypto news – investigating the stories flying under the radar of today’s news. In today’s edition: Deepfakes Accelerate Cryptocurrency Scams Bitpanda Removes All Deposit and Withdrawal Fees Public Miners Stock Up BTC Reserves __________ Deepfake...
UK’s Fraud Intelligence Unit Shuts Down 43 Possible Crypto Phishing Websites
9.2.2024
UK authorities have announced that the National Fraud Intelligence Bureau (NFIB) blocked 43 possible crypto phishing websites. A recent official Commissioner’s Update disclosed reports in diverse fields including potential fraudulent activities with bad actors impersonating popular blockchain-based...
Unusual ‘LONG’ Token Surges 9,237% in a Day: Could This Hidden Crypto Gem Be Next?
9.2.2024
An unusual new meme coin called FuZangLong token has arrived with a bang on Ethereum DEX markets, and markets are in awe of the LONG token’s jaw-dropping +9,237% gain on launch. This article will provide an analysis of LONG’s current price trends and look to see whether a newer meme coin...
Bitcoin Technical Analysis: BTC Bulls Charge Ahead Rising Above $47K
9.2.2024
In a remarkable display of strength, bitcoin surged to a high of $47,526 on Feb. 9, 2024, marking a significant uptrend in its price. With a market capitalization of $921 billion and a 24-hour trade volume of $32.56 billion, the market sentiment is overwhelmingly positive. Bitcoin Oscillators...
Wirex CEO Says Money Mules Are a Massive Issue in FinTech and Crypto
9.2.2024
In an insightful interview with Cryptonews, Pavel Matveev, CEO and co-founder of popular global digital payment platform Wirex, discussed what money mules are and how big of a problem they pose in the crypto and FinTech industries. The short answer is: big. He further told us how these fraudsters...
Treasury’s Yellen: More Power Needed to Counter Crypto Use by Terrorist Groups
9.2.2024
U.S. Treasury Secretary Janet Yellen has expressed the need for increased authority within the Treasury Department to address the alleged utilization of crypto by terrorist groups. Senator Sherrod Brown, known for his role in shaping crypto legislation, questioned Yellen about the necessary updates...
Crypto Stocks Rally Pre-Market as Bitcoin Tops $46K
9.2.2024
Bitcoin climbed over $46,000 for the first time in nearly a month early Friday, extending its gain for the week to nearly 10%
Kenya Advances Toward Digital Asset Hub Ambition With Virtual Assets Bill – Kenya Blockchain Association
9.2.2024
The Blockchain Association of Kenya (BAK) is reportedly on the verge of launching a community-led draft bill, a significant stride towards its objective of transforming Kenya into a hub for digital assets. BAK has expressed its intention to integrate feedback from stakeholders into a revised draft....
UK’s Planned Stablecoin Rules Need Reworking, Crypto Advocates Say
9.2.2024
Crypto industry groups in the U.K. say local regulators’ proposals for supervising stablecoins need reworking
Ark Invest and 21shares Amend Spot Ether ETF Filing, Now More Aligned With SEC Preferences
9.2.2024
In a move to possibly align more with the SEC regulatory framework, Ark Invest and 21shares have amended their filing for a spot ether ETF, introducing a cash creation and redemption mechanism that mirrors the SEC’s recent approval criteria for spot bitcoin ETFs. Cathie Wood’s...
Bankrupt Crypto Lender Genesis Moves to Settle with NY Attorney General
9.2.2024
Bankrupt lender Genesis on Thursday settled a lawsuit with New York Attorney General Letitia James over its now-defunct Earn program. The Earn program, operated jointly with Gemini Trust, offered customers up to 8% interest on crypto loans. But it was suspended amid the crypto market downturn...
Thailand Abolishes Value-Added Tax Previously Applicable on Digital Asset Trades
9.2.2024
The Thailand Finance Ministry has announced the removal of the previously applicable value-added tax on digital asset trading. This exemption, which took effect on Jan. 1, 2024, extends to regulated brokers, dealers, and authorized cryptocurrency exchanges. VAT Exemption to Bolster Thailand’s...
Tradestation Settles With SEC and State Regulators for $3 Million
9.2.2024
Tradestation has reached a settlement with the Securities and Exchange Commission (SEC) and state regulatory bodies, agreeing to pay $3 million in fines for offering an unregistered crypto asset lending product to U.S. investors, a move that promised interest earnings on deposits without proper...
CoinDesk’s CEO Kevin Worth Departs in Major Restructuring Led by New Owner Bullish
9.2.2024
CoinDesk’s CEO Kevin Worth has stepped down as part of a major restructuring effort led by the crypto exchange Bullish, which recently acquired the media outlet. Bullish has appointed Sara Stratoberdha, who previously spearheaded business development for the exchange, as the new CEO...
US Treasury Cites Rising Cryptocurrency Misuse in 2024 National Risk Assessments
9.2.2024
In its 2024 National Risk Assessments, the U.S. Department of the Treasury has unveiled the concerning trend of criminals increasingly turning to cryptocurrencies to finance illegal activities. US Treasury Reports Identify Crypto’s Role in Illicit Finance The U.S. Department of the Treasury...