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Asset manager BlackRock has updated its application to launch the first-ever spot Bitcoin ETF in U.S.

BlackRock and Bitwise amended applications for spot Bitcoin ETF yet again

The document appeared on the website of the U.S. Securities and Exchange Commission (SEC). Bitwise has also updated its application to launch a similar tool. Analys...

9 months ago

Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens.

Early Ether Investor Moves Nearly $90M ETH to Kraken

An apparent large ether (ETH) holder moved nearly $90 million worth of the token to the crypto exchange Kraken after being dormant for five years, on-chain analytics tool Lookonchain pos...

9 months ago

The Financial Sector Conduct Authority reviewed 128 applications from crypto service asset providers.

South African regulator may license 36 crypto companies in December

South Africa’s principal financial regulator, the Financial Sector Conduct Authority (FSCA), reviewed 128 applications from crypto service asset providers (CASPs) but intends to discuss on...

9 months ago

A malicious actor behind at least $5 million in crypto theft through “address poisoning" significantly ramped up attacks against Safe Wallet users in the last week.

Safe Wallet scammer steals $2M through 'address poisoning' in one week

A crypto hacker specializing in “address poisoning attacks" has managed to steal over $2 million from Safe Wallet users alone in the past week, with its total victim count now reachin...

9 months ago

Defining ‘Income’ in the Digital Age

This Supreme Court Case and IRS Broker Rule Together Could Redefine Crypto Taxation

A critical Supreme Court case and its ruling could redefine the taxation of digital assets. Intersecting with the vexed IRS broker rule announced earlier, this case may potentially reshape crypt...

9 months ago

Experts say this has been fuelled by expectations of the US Fed cutting interest rates in 2024 and the eventual approval of a Bitcoin ETF

Bitcoin crosses $40,000 mark. Why is crypto rising again?

The crypto market is witnessing its best performance since May 2022, with Bitcoin and Ethereum breaching the $41,000 and $2,200 marks, respectively. The latest rally has taken the total crypto m...

9 months ago

The Philippine SEC announces plans to block Binance access, cautioning against unregistered investments and warning of legal repercussions for promoters.

Philippines SEC to restrict Binance, warns of legal risks for promoters

The Philippine Securities and Exchange Commission (PSEC) has initiated measures to restrict the accessibility of the Binance trading platform within the nation. According to the regulators,...

9 months ago

Firms FTX and Alameda transferred $10.8 million in cryptocurrency to the Wintermute, Binance and Coinbase exchanges.

FTX and Alameda transferred $10.8m in cryptocurrency to three exchanges

According to Spot On Chain, the companies — now under receivership — transferred $10.8 million in eight crypto assets: 10 million StepN (GMT) ($2.58 million), 407,000 Uniswap (UNI) (...

9 months ago

Hacker Attacks Resulted in $335 Million Loss Alone

Over $356M Lost to Hacks, Phishing Scams and Rug Pulls in Crypto in November: Beosin

Beosin EagleEye’s latest report exposes a massive surge in blockchain security incidents during November 2023, leading to a staggering total loss of over $356 million. ...

9 months ago

SEC Meets with Grayscale to Discuss its Bitcoin ETF Filing

SEC Holds Meetings with Grayscale, BlackRock on Bitcoin ETFs

The U.S. Securities and Exchange Commission (SEC) has recently held meetings with Grayscale and BlackRock to discuss their filed applications regarding spot Bitcoin exchange-trade...

9 months ago