GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000

Over $650 Million Liquidated as Bitcoin Remains Volatile

GBTC Bleeds Another $443 Million as Bitcoin Price Drops Below $61,000

Bitcoin experienced a significant price collapse amid continued outflows from Grayscale’s converted GBTC spot Bitcoin ETF.  According to data from CoinMarketCap, the le...

6 months ago

SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares

Bloomberg Analysts Not Hopeful for ETH ETF Approval

SEC Delays Decision on Ethereum ETFs from Hashdex and ARK 21Shares

The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on the spot Ethereum ETFs applications submitted by Hashdex and ARK 21Shares. According ...

6 months ago

Cardano finally gets fiat-backed stablecoin USDM after huge delays

Mehen Finance planned to launch USDM in early 2023 but saw delays after crypto-friendly banks shuttered in 2023 and its banking partner went to work with Circle.

Cardano finally gets fiat-backed stablecoin USDM after huge delays

Layer-1 blockchain Cardano has welcomed its first 1:1 fully fiat-backed stablecoin, USDM, the latest entrant in a $146-billion stablecoin market dominated by Tether and Circle . ...

6 months ago

Binance cuts ties with venture capital arm

Binance Labs’ portfolio averages an over 14 times return on investment rate, according to the announcement.

Binance cuts ties with venture capital arm

Binance Labs has become an independent venture capital arm, after severing ties with Binance exchange. The independent VC fund’s portfolio is now worth over $10 billion, covering...

6 months ago

Australian crypto firm Finder’s Earn product was compliant, court finds

The court dismissed the corporate regulator’s legal action, saying Finder Earn wasn’t a debt security and didn’t require a financial license.

Australian crypto firm Finder’s Earn product was compliant, court finds

An Australian federal court has dismissed a lawsuit bought by the country’s corporate regulator against a sister company of Australian fintech firm Finder.com, after finding its yield-bear...

6 months ago

Dogwifhat hits record high following $700K Vegas Sphere fundraise

Memecoin degens have raised over $700,000 to put an image of the viral Solana memecoin Dogwifhat on the Las Vegas Sphere.

Dogwifhat hits record high following $700K Vegas Sphere fundraise

The price of the viral Solana-based memecoin Dogwifhat (WIF) has surged another 25% to reach a new all-time high of $3 as fans of the memecoin raised over $700,000 to advertise the token’s...

6 months ago

SEC charges 17 individuals in $300m crypto Ponzi scheme

The SEC has charged 17 individuals for their involvement in a $300 million Ponzi scheme targeting predominantly Latino investors through the so-called CryptoFX LLC.

SEC charges 17 individuals in $300m crypto Ponzi scheme

The U.S. Securities and Exchange Commission (SEC) has brought charges against 17 individuals implicated in a $300 million Ponzi scheme, targeting predominantly Latino investors in the U.S. ...

6 months ago

Hong Kong Gears Up for e-HKD: Phase Two Pilot Seeks CBDC Use Cases

HKMA Launches Second Phase of e-HKD Pilot and Invites Industry Participation

Hong Kong Gears Up for e-HKD: Phase Two Pilot Seeks CBDC Use Cases

Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), announced today the launch of the second phase of its e-HKD pilot program. They also invite industry participan...

6 months ago

Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit

Worldcoin Orb’s Privacy Scrutiny

Worldcoin Addresses Orb’s Privacy Concerns with Third-Party Audit

Worldcoin has released the results of a third-party audit conducted by Trail of Bits focused on its iris-scanning Orb technology. According to a recent report, Tools for Humanity ...

6 months ago

Coinbase Wallet quietly integrates Blockaid security tool

Coinbase Wallet integrated Blockaid’s transaction simulation and validation five months ago to better protect users from bad actors.

Coinbase Wallet quietly integrates Blockaid security tool

Coinbase Wallet, a self-custody wallet operated by the owner of the cryptocurrency exchange Coinbase, integrated the Blockaid security tool in late 2023. Announcing the news in a joint...

6 months ago

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