Grayscale CEO advocates for spot Bitcoin ETF options to gain approval

Grayscale CEO Michael Sonnenshein urged regulators to approve spot Bitcoin exchange-traded fund (ETF) options in a statement on Feb. 5.

Grayscale CEO advocates for spot Bitcoin ETF options to gain approval

He noted that the New York Stock Exchange (NYSE) and other national securities exchanges have recently submitted filings that would allow options trading on commodity-based ETFs like Grayscale&r...

7 months ago

Apparent 'Insiders’ Make Millions After Grabbing Ethereum Version of Dogwifhat

Many crypto wallets pocketed over $1.3 million over the weekend after picking up an ample supply of the Ethereum version of meme coin dogwifhat (WIF).

Apparent 'Insiders’ Make Millions After Grabbing Ethereum Version of Dogwifhat

As such, the Ethereum version of dogwifhat isn’t connected to Solana-based WIF, which launched in late November and reached a market capitalization of over $350 million. Over 12 ...

7 months ago

Veteran Trader Tone Vays Says He’ll Become ‘Super Bullish’ on Bitcoin Once BTC Starts Closing Above This Level

A closely followed trader says he’ll become one of Bitcoin’s (BTC) biggest bulls if the crypto king manages to stay above a key resistance level.

Veteran Trader Tone Vays Says He’ll Become ‘Super Bullish’ on Bitcoin Once BTC Starts Closing Above This Level

In a new strategy session, veteran trader Tone Vays tells his 122,000 YouTube subscribers that Bitcoin is trading within a very tight range, but he sees a path for BTC to break out and rally to ...

7 months ago

Haru Invest execs arrested in South Korea on embezzlement charges

South Korean prosecutors announced the arrests of Haru Invest CEO and two other execs two days after Haru posted another “no information” update.

Haru Invest execs arrested in South Korea on embezzlement charges

South Korean prosecutors have arrested several executives of the troubled cryptocurrency yield platform Haru Invest, which suspended withdrawals in June 2023. The virtual asset crime i...

7 months ago

Kraken’s Security Team Keeps a Low Profile on Social Media By Design

Hacking Threats Remain a Top Security Concern in Crypto

Kraken’s Security Team Keeps a Low Profile on Social Media By Design

Crypto exchange Kraken is prioritizing security and ensuring its security team maintains a low public profile. Chief security officer Nick Percoco recently told Financia...

7 months ago

Crypto teacher loses student’s $1.2M investment in fake hedge fund

According to the U.S. SEC, Brian Sewell allegedly never launched the crypto hedge fund that promised to use AI and other strategies for maximizing returns.

Crypto teacher loses student’s $1.2M investment in fake hedge fund

A crypto trading course instructor is facing charges from the United States securities regulator for misleading 15 students into investing a combined $1.2 million in a hedge fund that promised t...

7 months ago

Fed’s Powell says US on ‘unsustainable fiscal path’ as debt burden grows

Powell said the Federal Reserve needs “more confidence” in the U.S. economy before it can begin cutting rates.

Fed’s Powell says US on ‘unsustainable fiscal path’ as debt burden grows

Federal Reserve Chair Jerome Powell is warning the United States is on an “unsustainable fiscal path,” with debt currently outpacing growth in the broader economy. Speaking...

7 months ago

Hacker claims to have way to ‘subpoena’ Discord, Binance, Coinbase user info

A malicious actor claims they have a “KodexGlobal” account, allowing them to issue emergency data requests (EDRs) to several major crypto and social media platforms.

Hacker claims to have way to ‘subpoena’ Discord, Binance, Coinbase user info

An online hacker claims they have access to a law enforcement request account, “KodexGlobal,” allowing buyers to subpoena user information from Coinbase, Binance, Chainlink and other...

7 months ago

S. Korea proposes FSC screening of crypto execs before employment

The proposed amendment to South Korea’s virtual asset service provider reporting requirements is expected to go into effect by the end of March 2024.

S. Korea proposes FSC screening of crypto execs before employment

South Korea’s financial watchdog proposed amendments requiring new executives of crypto projects to get regulatory approval before they start working in crypto companies.   ...

7 months ago

El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election

Under Bukele, the country in 2021 became the first nation to adopt bitcoin as legal tender.

El Salvador's Bitcoin-Friendly President Nayib Bukele Wins Re-Election

El Salvador's bitcoin-friendly president Nayib Bukele is on his way to another five-year term, according to exit polls which show him with an overwhelming lead shortly after voting...

7 months ago

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