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...

5 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 ...

5 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

Ex-Swiss bank director discusses the future of Bitcoin ETFs after record-breaking trading day

Bitcoin ETFs shattered records with a 14,261 bitcoin purchase on March 12, as a former Swiss Bank Director shed light on the changing Bitcoin ETF investment scene.

Ex-Swiss bank director discusses the future of Bitcoin ETFs after record-breaking trading day

On March 12, net spot Bitcoin ETF inflows surpassed $1 billion, with Blackrock’s IBIT product reaching a record $849 million inflow and exceeding 200,000 BTC in assets under...

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

SEC suit against Gemini, Genesis lives on as court finds claims plausible

Federal Judge Edgardo Ramos found the SEC’s suit “plausibly alleges” that Gemini Earn was a securities offering, allowing the case to continue in court.

SEC suit against Gemini, Genesis lives on as court finds claims plausible

The United States Securities and Exchange Commission’s allegation that crypto firms Gemini and Genesis sold unregistered securities through the Gemini Earn program is plausible enough to c...

6 months ago

Lawyers who voided Elon Musk's pay as excessive want $6 billion fee

WILMINGTON, Delaware (Reuters) -The lawyers who voided Elon Musk's $56 billion compensation as excessive on Friday sought a record a $6 billion legal fee, payable in the electric car maker's stock.

Lawyers who voided Elon Musk's pay as excessive want $6 billion fee

"We recognize that the requested fee is unprecedented in terms of absolute size," the three law firms said in a filing with the Court of Chancery in Delaware. The fee works o...

6 months ago

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