Wollito UAB

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

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

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

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

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

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