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20 New Cryptocurrency to Buy in December 2023
1.12.2023
Rather than hold a fraction of a Bitcoin, investors are often drawn to seek new cryptocurrency coins with a lower market cap and unit price per token, seeking out higher growth potential – a strategy that can pay off but also has many pitfalls. Not every new cryptocurrency asset will succeed...
Treasury Asks Congress for More Authorities to Go After Illicit Actors in Digital Asset Space
1.12.2023
The U.S. deputy secretary of the Treasury has revealed that the Treasury Department has asked Congress for more tools and authorities “to go after illicit actors in the digital asset space.” Moreover, he stressed: “We need to update our illicit finance authorities to match...
Blackrock Proposes ‘Revised In-Kind Model’ for Spot Bitcoin ETF to Resolve SEC’s Concerns
1.12.2023
Blackrock, the world’s largest asset manager, has held another meeting with the U.S. Securities and Exchange Commission (SEC) to discuss its spot bitcoin exchange-traded fund (ETF) application. The firm has proposed a “revised in-kind” model for its spot bitcoin ETF that...
Microstrategy’s Bitcoin Stash Grows to 174,530 BTC With Latest Purchase
1.12.2023
Microstrategy has expanded its bitcoin holdings with the acquisition of 16,130 more bitcoins. With this latest purchase, the Nasdaq-listed software intelligence firm is now hoding 174,530 bitcoins, acquired for around $5.28 billion. Since adopting its bitcoin strategy, Microstrategy’s stock...
Canadian Crypto Drive Slows in 2023, Users Cite Wider Market Factors
30.11.2023
Source: Pixabay The number of Canadian cryptocurrency users has dropped in 2023 due to bear market fears and wider macroeconomic factors, a new survey shows. A Crypto Asset Survey published by the Ontario Securities Commission (OSC) was conducted to show consumer interaction with virtual assets...
KyberSwap Director Demands Executive Control and Asset Surrender in Bold Negotiation Terms
30.11.2023
Kyber Director demands company takeover and assets after the attack. Image by Катерина Євтехова, Adobe Stock. The anonymous attacker behind the recent $47 million exploit of the decentralized crypto exchange KyberSwap has outlined bold demands in proposed negotiation terms made public on November...
Pando Asset files a new application for spot Bitcoin ETF
30.11.2023
Pando Asset, a Switzerland-based company involved in asset management, has filed an S-1 form with the Securities Exchange Commission (SEC) regarding consent for a spot bitcoin ETF. While awaiting approval, the Pando Asset Spot Bitcoin (BTC-0.70%) Trust will continue to carry out trading on...
Report: Operator of South Korean Crypto Exchange Upbit Sees a Nearly 40% Drop in Operating Profit
30.11.2023
Dunamu, the operator of the South Korean crypto exchange Upbit, recently said it had realized an operating profit amounting to $79 million in the third quarter of 2023. Virtual asset valuation losses contributed to the 81.6% drop in the operator’s net profit for the period. Operating Profit...
Grayscale Proposes GBTC Fund Amendment as Spot Bitcoin ETF Looms
30.11.2023
Source: Adobe / Ascannio Grayscale, the manager of the Grayscale Bitcoin Trust (GBTC), has proposed amendments to the trust’s agreement in preparation for a potential uplisting to a spot Bitcoin (BTC) exchange-traded fund (ETF). The move aims to align GBTC’s structure with other...
Digital Asset Investment Platform Fasset Wins Operational Licence in Dubai
30.11.2023
Fasset, a digital asset investment platform, has won the licence to operate in Dubai as a Virtual Asset Service Provider (VASP), allowing it to serve institutional investors, qualified investors and retail investors
US Spot Bitcoin ETF Market Sees New Entrant as SEC Decision Looms
30.11.2023
Source: Adobe Stock Switzerland-based Pando Asset has emerged as the latest contender in the race to launch a spot Bitcoin ETF in the United States. Joining dozens of other applicants, Pando Asset is seeking to introduce a fund type that has yet to receive approval from the US Securities...
BlackRock Revises Bitcoin ETF Model To Appease SEC Concerns
29.11.2023
BlackRock Office BlackRock executives held another meeting with the Securities and Exchange Commission (SEC) on Tuesday to discuss the firm’s application to launch a Bitcoin (BTC) spot ETF in the United States. Based on publicly released notes from the meeting, the asset manager has modified...
Deputy U.S. Treasury Secretary Puts “Bad Actors” in Crypto on Notice, Delivers Remarks at D.C. Policy Summit
29.11.2023
U.S. Deputy Treasury Secretary, Wally Adeyemo, had choice words for “bad actors” in the crypto space while delivering remarks at the Blockchain Association’s Policy Summit in D.C. Wednesday. “We will find you and hold you accountable” “I want to directly address those within the digital...
Former British Chancellor's crypto firm Copper launches tokenized securities platform
29.11.2023
Copper plans to use its arm in the United Arab Emirates, Copper Securities, to capitalize on the demand of institutional investors
Shrapnel (SHRAP) Collaborates with LBank Exchange for Upcoming Trading Opportunities
29.11.2023
PRESS RELEASE. Road Town, BVI, November 29, 2023 – LBank Exchange, a global leader in digital asset trading, is set to enhance its platform by introducing Shrapnel (SHRAP), a pioneering blockchain-enabled first-person shooter game. This collaboration marks a significant milestone for both entities...
Digital Asset Platform Coinchange Raises $10M to Scale API Yield Service
29.11.2023
The funding round was led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with Mintfox also participating
Coinbase’s Custody Success: A Major Player in Nearly Every U.S. Bitcoin ETF Application
29.11.2023
Source: Adobe / prima91 Over a dozen asset managers have applied to launch a Bitcoin spot ETF in the United States this year – and Coinbase is poised to serve as custodian for virtually all of them. The firm’s custody arm, Coinbase Custody, is listed as a custodian in the S-1 registration forms...
Hong Kong Chief Executive Expresses Willingness to Cooperate on Granting More Powers to Regulate Crypto Exchanges: Report
29.11.2023
Source: Pixabay The Chief Executive of the Hong Kong Special Administrative Region, John Lee, has responded to the recent investigation into the unlicensed virtual-asset trading platform Hounax. On November 27, Chief Executive John Lee addressed the recent virtual platform supervision fraud...
CZ Resigns as Chairman of Binance US, Signaling Strategic Shift
28.11.2023
On Tuesday, Binance US, the American branch of Binance.com, revealed that Changpeng Zhao (CZ), its former CEO, has relinquished his position as chairman of the board with immediate effect. The announcement emphasized that Binance US is fully functional and operates independently from Binance.com....
Additional Regulations May be Needed to Prevent Another FTX Style Catastrophe, FSB Report
28.11.2023
Additional regulation may be needed to prevent another FTX-style collapse according to a new report from the Financial Stability Board (FSB) released Tuesday, November 28th. The report’s goal The international financial monitoring body’s report particularly focuses on multifunction crypto-asset...