Bitwise’s Matt Hougan said he has “extraordinary confidence” in the Ethereum ecosystem, hinting that a “great product” would be able to capture a slice of the action.

Bitwise CIO ‘excited’ for a product that gives exposure to Ethereum DeFi

Cryptocurrency asset management firm Bitwise has hinted interest in offering an exchange-traded product (ETP) covering Ethereum’s ecosystem of layer-2 (L2) networks and applications, accor...

5 months ago

TA558 LAUNCHES PHISHING CAMPAIGN AGAINST LATIN AMERICA-BASED COMPANIES

Massive Phishing Campaign Strikes Latin America: Venom RAT Targeting Multiple Sectors

The threat actor known as TA558 has been attributed to a new massive phishing campaign that targets a wide range of sectors in Latin America with the goal of deploying...

5 months ago

Giga's new site harnesses otherwise wasted energy from natural gas flaring and has already mined between $200,000 and $250,000 worth of Bitcoin, says the firm's co-founder.

US Bitcoin miner Giga Energy to launch facility in Argentina

Texas-based Bitcoin miner Giga Energy has expanded its operations into Argentina as part of a move to utilize wasted energy from "natural gas flaring" on the South American nation...

5 months ago

Elon Musk rolled out the paid verification model on X, earlier known as “Twitter Blue,” to fight the scammers and spammers thriving on the platform before his takeover.

Elon Musk offers free premium features on X, crypto scammers included

Elon Musk will no longer charge influential accounts on X for certain premium features as long as they meet certain conditions. However, those conditions also appear achievable for accounts invo...

5 months ago

Having shown the application of its connector in complex use cases, SWIFT will continue to increase the connector’s functions.

SWIFT declares second sandbox connector tests a success for CBDC and more

The Society for Worldwide Interbank Financial Telecommunication (SWIFT) messaging network has released the results of the second phase of sandbox testing for its central bank digital currency (C...

5 months ago

The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion fine against Ripple Labs, according to court filings.

SEC Seeks $1.95B Fine in Final Judgment Against Ripple

On Monday, Stuart Alderoty, Ripple Labs’ chief legal officer, 

5 months ago

Credit Suisse-backed Taurus will provide the Turkish neobank Misyon with tools to enable digital asset custody and tokenization services.

Turkish Misyon Bank moves into digital assets with Taurus

Misyon Bank — an investment banking firm and one of the first neobanks in Turkey — is moving into digital asset custody and tokenization with Swiss cryptocurrency custody provider, T...

5 months ago

With only three weeks remaining until the general election, South Korea’s rival political parties are vying for support from crypto investors, who have emerged as a key voting group.

South Korean Political Parties Present Policy Promises as Crypto Investors Emerge Key Voting Group

According to local media outlet JoongAng Daily, the parties recognize the significance of addressing cryptocurrency-related policies amid the surging popularity of this nascent industry. No...

5 months ago

SEC charges 17 $300m for crypto Ponzi Scheme targeting Latinos

Diving headfirst into the murky waters of financial fraud, the U.S. Securities and Exchange Commission (SEC) recently brought the hammer down on 17 individuals involved in a colossal $300 millio...

5 months ago

The decision ends the complex case with a creditor-approved plan that will see their partial reimbursement and make them shareholders in a new company.

Court confirms Celsius bankruptcy exit plan, $2B in crypto to go to creditors

The Celsius bankruptcy plan has been approved. The path is now clear for customers to see some of their funds returned and receive shares in the reorganized company, which will be called NewCo.

5 months ago