The Securities and Exchange Commission added Valkyrie’s spot Bitcoin ETF application to its official docket, signaling an official review of the filing. Other institutions and the public have 21 days to submit their comments on the possible impacts of Valkyrie’s filing, per the commission’s deadline. Valkyrie refiled its Bitcoin exchange-traded...
Sam Bankman-Fried supposedly tried to call investors and hustle up cash to pay back billions to FTX customers after sending their assets to Alameda.
The developers of SpankChain, a blockchain-based adult entertainment ecosystem, have introduced a new cryptocurrency payments solution. It can be challenging for adult content providers to establish long-term business relationships with reliable payment processing companies. Recognizing the need to have dependable payment options, the creators of SpankChain have launched the Ethereum-based...
eToro bagged two key money licenses from the NYDFS after the New York regulator went after BUSD issuer Paxos.
According to a statement obtained by CoinDesk, the CFTC has, in fact, not approved LedgerX to launch Bitcoin (BTC) futures just yet. The outlet wrote in a recent update to yesterday’s article about the exchange’s launch of physically-deliverable BTC futures: The U.S. Commodities Futures Trading Commission (CFTC) says LedgerX has...
Shareholders of Signature Bank have sued the bank and three of its former executives for fraud. The class action lawsuit accused the bank of misrepresenting its financial health.
Summary: The crypto lender’s office in Bulgaria was raided on suspicions of fraud, money laundering, and tax evasion. Local authorities also claimed to have evidence proving that a Nexo user financed terrorism. The company said they’re cooperating with law enforcement and assured users that the uncertain period “too shall pass”....
BitMEX’s Alexander Hoeptner has left the company after two years. Stephen Lutz, BitMEX’s CFO, has been named as the interim CEO of the exchange. Alexander Hoeptner, Chief Executive Officer of BitMEX, is the latest crypto CEO to leave the firm amid the crypto bear market phase. BitMEX’s CFO Lutz Becomes...
In summary: Elon Musk has Tweeted a meme implying that a Dogecoin Standard is inevitable and DOGE will take over the global financial system. Musk’s tweet has resulted in DogeCoin (DOGE) gaining by over 20%. Elon Musk has been awarded the title of the unofficial CEO of DogeCoin due to...
A $57 million lawsuit against Terra co-founder Do Kwon has been brought to light by the Wall Street Journal. The lawsuit alleges fraudulent misrepresentation by Kwon.
Social media giant Instagram announced the launch of its own NFT marketplace, which will soon permit its users to mint and trade NFTs. Instagram Launches the NFT Marketplace In a Thursday announcement made by the popular social media app, Instagram declared that it will soon allow its users to mint...
Believe it or not, Bitcoin is only 53% below its all-time high near $20,000. Ethereum, on the other hand, hasn’t fared so well. The second-largest cryptocurrency, despite the recent rally in the cryptocurrency markets, is still down by over 80% from its all-time high above $1,400, which it reached during...