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U.S Has its Eleventh Spot Bitcoin ETF After Hashdex Fund Conversion


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

Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion


Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack.  The post Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion appeared first...

New Zealand Regulator Warns Against Crypto Exchange Clone


New Zealand regulator noted that crypto exchange clone company has been reportedly contacting customers, promising to retrieve funds lost in previous unsuccessful investments.   The post New Zealand Regulator Warns Against Crypto Exchange Clone appeared first on Cryptonews

Texas Crypto Mining Firm Giga Energy Expands Operations to Argentina


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

Portugal Temporarily Bans Worldcoin’s Biometric Data Collection for 90 Days


The National Data Protection Commission (CNPD) of Portugal has taken decisive action by issuing a statement temporarily restricting Worldcoin's biometric data collection through its Orb devices within the country. The post Portugal Temporarily Bans Worldcoin’s Biometric Data Collection for...

U.S. Sanctions Hezbollah Crypto Operator Linked to Terrorist Funding


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


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...

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