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Invesco, Fidelity, BlackRock, Others Dot Their Bureaucratic I's as Likely SEC Action on Spot Bitcoin ETF Looms
30.12.2023
OKX Crypto Exchange Announces Plans to Delist Privacy Coins in 2024 – What’s Going On?
29.12.2023
Source: AdobeStock / Krakenimages.com Crypto exchange OKX will delist eight privacy-focused coins in a few days. These include monero (XMR), zcash (ZEC). and dash (DASH), among others. According to the press release, besides the above-mentioned XMR, ZEC, and DASH, the move will also affect...
India’s Finance Ministry Seeks to Block Binance and Other Major Offshore Exchanges
28.12.2023
Source: Pexels The Indian finance ministry has issued compliance show-cause notices to nine offshore cryptocurrency exchanges, including major players like Binance, Kucoin, Huobi, and others, accusing them of operating illegally in India without adhering to local money laundering laws. The affected...
Former FTX CEO Sam Bankman-Fried and Debtors Reach Settlement in Embed Proceeding
26.12.2023
Image by Александр Поташев, Adobe Stock The bankrupt crypto exchange FTX and its debtors have reached a settlement agreement with founder Samuel Bankman-Fried and others to address certain claims related to the acquisition of the stock trading platform Embed. In a December 22 filing with the United...
Galaxy Digital Seeking to Score Deals From Defunct Cryptocurrency Companies
22.12.2023
Galaxy Digital, a digital assets and blockchain financial services company, is seeking to score deals with defunct cryptocurrency companies to acquire their assets. According to reports, the company is eyeing FTX’s venture capital portfolio, which has a sizable stake in artificial...
BlackRock, ARK Invest, and Others Opt for Cash Redemption After SEC Pushback
21.12.2023
Source: Pixabay / tombark Companies like BlackRock and ARK Invest have revised their spot Bitcoin (BTC) ETF filings to include cash redemption models, signaling a shift in response to SEC demands. The move comes as the Securities and Exchange Commission (SEC) deadline of January 10 to approve...
Crypto Scam-Kit Inferno Drainer Shuts Down Operations
27.11.2023
Source: AdobeStock / Tomasz Bidermann Digital asset wallet-draining platform, Inferno Drainer has closed shop after helping bad actors drain millions from several cryptocurrency platforms. In a recent Telegram post, the firm announced an end to its operations citing a need to move on after helping...
HTX Resumes Bitcoin and Ether Services After $30 Million Hack
27.11.2023
Source: HTX Digital asset exchange HTX has resumed deposits and withdrawal services for major cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and others after it was drained for $30 million. In an announcement on Nov 26, the exchange said services have been restored for certain virtual...
Kraken co-founder slams ‘decel’ SEC, warns others should flee US
21.11.2023
Jesse Powell didn’t mince words when he criticized the SEC for suing his exchange, calling it the country’s “top decel.”
Down From the Peaks: A Look at Bitcoin, Ethereum, and Others Two Years After the 2021 Surge
19.11.2023
It’s been slightly more than two years since the 2021 cryptocurrency boom, a time when the crypto economy reached its zenith with a valuation of $2.90 trillion on November 10, 2021. Although it has been an extended and harsh crypto winter marked by numerous upheavals, a substantial number...
Sega ‘Honored’ Xbox And Others Want To Acquire It, But It’s Not For Sale
16.11.2023
Despite ongoing rumors and even leaked data from potential suitors, Sega isn’t currently looking for a buyer, according to the company’s COO. In fact, Sega is expanding and looking at possible acquisitions itself. Even so, Sega is “honored” that so many other companies want to acquire the Sonic...
MasterCard Startpath Member Polytrade Moves to 2.0: Partners With Ondo, OpenEden, Maple, 4K, Goldfinch, and Others to Create Marketplace for RWAs
16.11.2023
PRESS RELEASE. Polytrade, a leading real-world asset protocol, is taking a major step in its evolution, demonstrating its unwavering commitment to addressing the critical issues surrounding real-world assets. The platform is changing the way RWAs are aggregated and serves as a comprehensive...
Web3 Firm Infura Recruits Microsoft, Tencent, and Others To Build Decentralized Infrastructure Network
15.11.2023
Source: Pixabay Microsoft, Tencent, and 16 other Web2 companies have partnered with blockchain software company Consensys, with the goal of decentralizing the Infura network. The Infura network is currently the key point of access to Ethereum for much of the DeFi industry. With this collaboration...
FTX Debtors’ Lawsuit Seeks Recovery of $935 Million ‘Fraudulently’ Transferred to Bybit’s Investment Arm and Others
13.11.2023
A new lawsuit filed by entities overseeing the FTX bankruptcy process seeks to recover $935 million that was reportedly transferred to Bybit’s investment arm and others just before the former’s Chapter 11 filing in November 2022. Bybit is also accused of using FTX assets held on...
Report: Stablecoin Giant Circle Eyes 2024 Public Listing
9.11.2023
According to anonymous sources familiar with the matter, Circle Internet Financial Ltd., the second-largest stablecoin issuer, plans to go public in 2024 via backing from Blackrock, Goldman Sachs, and others. The news follows Circle’s special-purpose acquisition company (SPAC) plans to offer...
Why eTukTuk ($TUK) prevail among others in the presale market?
2.11.2023
Introduction to eTukTuk People know TukTuk as a tricycle with a three-seater space used for transportation. To offer a cleaner transportation system, eTukTuk has been launched with the motto of no fuel engines, incorporating AI and Blockchain technologies to ensure that everyone involved in...
Institutional Firms Projects Ether As Crypto with The Biggest Growth Outlook: Survey
1.11.2023
Global wealth fund managers have backed Ethereum (ETH) as the asset with the highest growth projection despite a slow price increase in recent months, a new survey shows. A new CoinShares Digital Asset Quarterly Fund survey shows an analysis of market-related activities, regulation,...
TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content
31.10.2023
Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content such as explicit images of children
30 Best Crypto & Bitcoin Casinos to Play at in 2023
28.10.2023
Crypto casinos have evolved to meet the majority of gambling and gaming needs of diverse players worldwide. While some players enjoy playing live at brick-and-mortar casinos, many others prefer to use cryptocurrency to play online casino games and earn great rewards; this is why Bitcoin casinos...
Bitcoin Products Dominate 73.3% of Market Share as Crypto Assets Under Management Grows to $31.7 Billion
27.10.2023
Digital assets under management have soared by 6.74% to $31.7 billion after a string of positive developments amid wider market uncertainties. A new market report released by CCData shows growth in crypto-related products, key activities, and a review of trading volumes in the wake of plunging...