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Genesis Seeks Green Light from Bankruptcy Court for $1.4 Billion GBTC Share Sale
4.2.2024
Crypto lender Genesis Global Capital, currently undergoing bankruptcy proceedings, has requested permission to sell trust assets worth approximately $1.6 billion. In a motion filed with the U.S. Bankruptcy Court in the Southern District of New York, the firm sought approval to sell assets held...
Qtum Platform to Serve $1.7 Trillion Global Blockchain Development Market in 2024 Expansion Plan
3.2.2024
PRESS RELEASE. The new Qtum roadmap for 2024 will pioneer Qtum’s first USDC token swaps with a token bridge, support for Bitcoin Ordinals, and upstream support to Qtum Core. These new features are likely to open the DeFi floodgates, significantly increase chain volume, and attract developers....
Britain’s Former Finance Minister George Osborne Joins Coinbase’s Global Advisory Council
3.2.2024
Britain’s former chancellor of the exchequer, George Osborne, joins Coinbase’s global advisory council. Osborne becomes the latest high-profile politician to join the crypto exchange’s advisory council. The former finance minister has said he is looking forward to working with...
Genesis Settles SEC Lawsuit for $21 Million Over Unregistered Securities
2.2.2024
Facing charges from the SEC over its crypto lending practices, Genesis has agreed to a $21 million settlement. This move aims to close a chapter of legal challenges following the company’s bankruptcy filing last year amid a wider crypto market collapse. Genesis Strikes $21 Million Deal With SEC...
Gate.io and D3 Partner to Apply for and Obtain ‘.Gate’ Top-Level Domain
2.2.2024
Feb 2nd, Panama City – Gate.io, a leading cryptocurrency exchange and Web3 innovator, has announced its partnership with D3 Global, a next-gen domain name company developing interoperable digital identities, to apply for and obtain the ‘.gate’ Top-Level Domain (TLD) during...
Here’s How Useful AI Can Be for Web3 Applications
2.2.2024
Blockchain and artificial intelligence (AI) together have the potential to boost each other, making the two fiels more exciting and diverse. A new report from TenSquared Capital highlights the ways AI can enhance speed and efficiency in the Web3 arena. Essentially, AI joining forces with Web3...
Genesis Settles SEC Lawsuit, Agrees to $21 Million Civil Penalty for Earn Product
2.2.2024
Genesis Global and its affiliated entities have reached a settlement with the United States Securities and Exchange Commission (SEC), agreeing to pay a civil penalty of $21 million. The settlement, which resolves the SEC’s civil lawsuit against Genesis over the “unregistered offer...
Bullish on Bitcoin: Global Survey Respondents Anticipate BTC Price Spike to $60K and Beyond in 2024
1.2.2024
A recent international survey by Bitget has illuminated the crypto market’s hopeful perspective, drawing insights from close to 10,000 individuals across areas such as West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. More than half of the participants globally...
Bitcoin Price Prediction: BTC at $42,000 Amid PBOC Moves; Fed Keep Rate Steady at 5.50%
1.2.2024
On Thursday, Bitcoin price prediction remains a hot topic, especially as BTC hovers around the $42,000 mark, despite a recent 2% dip. This market activity unfolds against a backdrop of significant global financial events, including the Federal Reserve’s decision to maintain interest rates...
Global X Pulls Out of Spot Bitcoin ETF Application
31.1.2024
Global X, one of the former contenders for a spot bitcoin exchange-traded fund (ETF), has withdrawn its application, according to a Jan 30 notice from Cboe BZX Exchange, which could have listed the fund
Is Manta Network Going to Crash? MANTA Price Drops 5% as New Cloud Mining Project Lures Global Investors
31.1.2024
The Manta price has dived by 10% in the past 24 hours, falling to $3.17 as the wider crypto market endures a 2.5% loss today. Despite this fall, MANTA remains up by 13% in the past week, as well as 57% up since the layer-two coin listed earlier in the month. Yet it has lost […]
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Global X Exits the Spot Bitcoin ETF Approval Race
31.1.2024
ETF provider Global X, has pulled its application for a spot Bitcoin ETF, an SEC filing on Tuesday showed. The CBOE BZX Exchange submitted a withdrawal notice for the Global X Bitcoin Trust on Jan. 26, around two weeks after the SEC approved 11 other spot Bitcoin ETFs. Securing approval for these...
Bitcoin Price Prediction: Dips to $43,000 as CBOE Pulls ETF Amid Economic Shift
31.1.2024
In the dynamic world of cryptocurrencies, Bitcoin’s price approaches the $43,000 threshold, marking a decline of over 1.25% on Wednesday. This adjustment in price occurs against the backdrop of significant market and regulatory news. The CBOE Exchange has retracted its application for...
Visa Partners with Transak To Enable Direct Crypto-to-Fiat Transactions
30.1.2024
Visa, a global payment giant, is further advancing its foray into cryptocurrency adoption by collaborating with Web3 infrastructure provider Transak. The partnership aims to introduce a new method for exchanging cryptocurrencies for fiat currencies without relying on centralized exchanges. ????...
Transak Partners With Visa for Rapid Crypto to Fiat Conversion in 145 Nations
30.1.2024
On Tuesday, Transak, a company specializing in payment infrastructure, revealed its partnership with the financial services powerhouse Visa. This collaboration aims to empower users in 145 nations with the capability to seamlessly exchange their crypto holdings into local fiat currencies...
First Round of Speakers for TOKEN2049 Dubai Revealed
30.1.2024
PRESS RELEASE. Dubai, UAE — TOKEN2049, the leading global Web3 and crypto conference series, has unveiled the initial speaker lineup for its inaugural Dubai edition, which will be taking place from 18-19 April 2024. The first round of the event’s speaker lineup has been made public. The list...
ESMA Seeks Feedback on Reverse Solicitation and Crypto Classification Under MiCA
30.1.2024
The European Securities and Markets Authority (ESMA), the top regulator of the European Union’s financial markets, has opened a feedback window, on guideline under MiCA regulation. The Markets in Crypto Assets Regulation (MiCA), which is due to take effect this year, is EU’s comprehensive...
UK Remains One of the Few to Hold Back on Retail Access to Crypto ETFs
29.1.2024
The UK remains one of the few major global markets that has yet to approve retail access to cryptocurrency exchange-traded products (ETPs). While countries like Australia, Brazil, Canada, and many states in Continental Europe have embraced these products, the UK has refrained from allowing small...
Bit.Store Elevates Crypto Payment Experience With Binance Pay Integration
29.1.2024
PRESS RELEASE. Main Takeaways: Bit.Store introduces Binance Pay for efficient crypto top-ups. Seamless integration offers a quick, secure method for BitStore cardholders. Collaboration reflects Bit.Store’s commitment to user-friendly crypto solutions. The partnership underscores...
Hong Kong Gets Spot-Bitcoin ETF Application, Stablecoin Interest From China’s Harvest Global: Reports
29.1.2024
Venture Smart Financial Holdings is also aiming for a spot-bitcoin ETF and is involved in the discussions about the stablecoin sandbox