Wollito UAB

Under the proposed plan, Gemini Earn users may only recover 61% of their lost funds in a worst-case scenario.

Gemini creditors revolt over ‘brutal’ Bitcoin slashing reorg plan

Gemini Earn creditors are fuming over a proposed reorganization plan that could see their promised Bitcoin payouts effectively slashed to about 30% of what they’re worth at current ma...

9 months ago

With the expectation of further rate cuts heading into 2024, analysts say this could be a “positive boost” for crypto stocks and investment products.

Fed pause is a ‘green light’ for investors — Here’s what it means for crypto

A decision from the United States Federal Reserve to pause and possibly lower interest rates in 2024 will likely serve as a “positive boost” for cryptocurrencies and crypto stocks.

9 months ago

Commissioners took a step toward requiring derivatives clearing organizations, a key type of middleman in the industry, to keep their customers' money segregated from their own funds.

CFTC Pushes FTX-Inspired Rule to Protect Customers' Money

The U.S. Commodity Futures Trading Commission took a step toward requiring derivatives clearing organizations, a key type of intermediary in the industry, to keep their customers' money...

9 months ago

Russia Seeks to Legalize Bitcoin Mining

Russian Ministry of Finance Proposes Exporting Cryptocurrencies as a Commodity, akin to Natural Gas

The Russian Ministry of Finance has presented the idea of exporting cryptocurrencies as a product of mining activities. The move is intended to position digital currencies on an ...

9 months ago

Trend of Ethereum ETF Applications

SEC Delays Decision on Invesco Galaxy’s Ethereum ETF Until February 2024

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on Invesco Galaxy’s spot Ethereum exchange-traded fund (ETF) application, new decision to b...

9 months ago

Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours.

Coinbase co-founder Fred Ehrsam sells $13M in COIN shares as ARK continues to divest

According to public trading data, Coinbase co-founder Fred Ehrsam and ARK Invest have sold more than $14 million of Coinbase shares over the past 48 hours. Information shared by Inside...

9 months ago

Kucoin users from New York will lose the ability to trade within 30 days and will have their accounts closed within 120 days.

Kucoin agrees to ban New York residents and pay $22 million in settlement

Crypto exchange Kucoin has agreed to pay $22 million to the State of New York and to bar residents of the state from using its platform, according to a stipulation and consent order filed in the...

9 months ago

The United States National Vulnerability Database (NVD) flagged Bitcoin’s inscriptions as a cybersecurity risk.

Bitcoin inscriptions added to US National Vulnerability Database

The National Vulnerability Database (NVD) flagged Bitcoin’s inscriptions as a cybersecurity risk on Dec. 9, calling attention to the security flaw that enabled the development of...

9 months ago

The Madeira Blockchain Conference 2023 showcased startups exploring blockchain solutions for real-world problems across different industries.

Blockchain is fueling this emerging tech hub in Portugal: Madeira Blockchain 2023

The Madeira archipelago in Portugal is witnessing the birth of a startup hub focused on emerging technologies, such as blockchain and artificial intelligence. Rogerio Gouveia, finance ...

9 months ago

Investors Worry About Upcoming Halving

Public Crypto Mining Firms Dropped Double Digits After Bitcoin’s Largest Decline in Four Months

Crypto mining firms have seen double-digit drops after Bitcoin (BTC) experienced its most significant decline in nearly four months. Over the weekend, the value of Bitc...

9 months ago