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A decision for approving or denying a joint Ether ETF product has been pushed back, in line with analyst expectations.

SEC Delays Another Ether ETF Application

The U.S. Securities and Exchange Commission (SEC) on Tuesday delayed a decision on a spot ether (ETH) exchange-traded fund (ETF) jointly proposed by Invesco and Galaxy Digital, a ...

7 months ago

Ethereum (ETH) co-founder Vitalik Buterin and the Ethereum Foundation are actively considering multiple strategies to reduce Ethereum’s maximum block size.

Vitalik Buterin and Ethereum Foundation Explore Strategies to Optimize Blockchain for Rollup-Centric Roadmap

Their goal is to optimize the blockchain for the “rollup-centric roadmap,” which emphasizes the use of rollups for scaling and improving Ethereum’s scalability and efficiency.

7 months ago

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

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

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

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

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

Cryptocurrency exchange Binance has denied claims of a leak in its security system.

Binance comments on leak in its security system

After an X post claiming Binance user data was available on GitHub, Binance support noted in a post dated Feb. 5 that there are no leaks in the platform’s system and user accounts remain s...

7 months ago

The British Columbia Securities Commission (BCSC) says the now-defunct crypto exchange Einstein Exchange operated as a Ponzi scheme after becoming insolvent in 2018.

Canadian crypto platform Einstein Exchange was Ponzi scheme, says local regulator

The BCSC has disclosed its allegations against Michael Ongun Gokturk, the sole director of three now-defunct crypto companies Einstein Exchange Inc., Einstein Capital Ltd., a...

7 months ago

NFT Legal Drama to Persist?

NFT Artist Ryder Ripps Must Dish Out $9M to Yuga Labs

NFT artist Ryder Ripps and associate Jeremy Cahen must pay Bored Ape Yacht Club (BAYC) developer Yuga Labs nearly $9m in profit disgorgement. Both have been permanently banned fro...

7 months ago