Hashdex Submits Revised Spot Bitcoin ETF Proposal Ahead of SEC Decision

Hashdex, a crypto asset management company, has submitted a revised proposal for a Bitcoin Spot ETF to the United States Securities and Exchange Commission (SEC). The company plans to combine Spot Bitcoin with its Bitcoin Futures ETF and change the ticker to a Hashdex Bitcoin ETF. Hashdex has also announced a partnership between Teucrium Trading […]

The Impact of Do Kwon’s Legal Troubles on Terra Luna’s Stability

Do Kwon, the co-founder and CEO of Terraform Labs, has experienced a turbulent financial journey. During the peak of Terra Luna’s success, Kwon’s net worth was estimated to be in the billions, thanks to the high valuation of the LUNA token and the Terra ecosystem. However, this prosperity was short-lived. The collapse of Terra Luna […]

The Impact of Do Kwon’s Legal Troubles on Terra Luna’s Stability

Do Kwon, the co-founder and CEO of Terraform Labs, has experienced a turbulent financial journey. During the peak of Terra Luna’s success, Kwon’s net worth was estimated to be in the billions, thanks to the high valuation of the LUNA token and the Terra ecosystem. However, this prosperity was short-lived. The collapse of Terra Luna […]

Crypto Trading Platform Hounax Accused of Scamming Hong Kong Investors, Resulting in $15 Million Loss

Hounax, a crypto trading platform, is accused of scamming Hong Kong investors and causing them to lose over $15 million. The alleged scam involved around 131 investors, with the largest reported loss being $1.54 million. The scammers built trust with the victims and even demonstrated the ability to withdraw funds from the platform. However, after […]

Crypto Trading Platform Hounax Accused of Scamming Hong Kong Investors, Resulting in $15 Million Loss

Hounax, a crypto trading platform, is accused of scamming Hong Kong investors and causing them to lose over $15 million. The alleged scam involved around 131 investors, with the largest reported loss being $1.54 million. The scammers built trust with the victims and even demonstrated the ability to withdraw funds from the platform. However, after […]

British Legislators Urge Caution in Implementing Retail Digital Pound

British legislators are urging caution in the implementation of a retail digital pound. They emphasize the need to strike a balance between technological advancements and potential drawbacks. The Treasury Select Committee has expressed reservations about launching a retail digital pound and calls for a thorough examination before proceeding. While recognizing the potential benefits of innovation, […]

British Legislators Urge Caution in Implementing Retail Digital Pound

British legislators are urging caution in the implementation of a retail digital pound. They emphasize the need to strike a balance between technological advancements and potential drawbacks. The Treasury Select Committee has expressed reservations about launching a retail digital pound and calls for a thorough examination before proceeding. While recognizing the potential benefits of innovation, […]

Major Financial Institutions in Germany and Switzerland Embrace Crypto

Both in Germany and Switzerland, various crypto announcements have been observed in recent months. Two weeks ago, Commerzbank became the first universal bank in Germany to receive the custody license from the financial supervisory authority. Deutsche Bank and DZ Bank, the larger competitors, have also submitted applications to BaFin and plan to launch their offerings […]

Major Financial Institutions in Germany and Switzerland Embrace Crypto

Both in Germany and Switzerland, various crypto announcements have been observed in recent months. Two weeks ago, Commerzbank became the first universal bank in Germany to receive the custody license from the financial supervisory authority. Deutsche Bank and DZ Bank, the larger competitors, have also submitted applications to BaFin and plan to launch their offerings […]

Cardano Founder Exposes Bitcoin’s Centralized Origins and US Regulatory Threats

Cardano founder Charles Hoskinson has recently shared some intriguing insights about Bitcoin and the regulatory landscape surrounding cryptocurrencies in the United States. In a live video, Hoskinson discussed the decentralized nature of Bitcoin and the criticism it receives from Bitcoin maximalists who tend to dismiss other cryptocurrencies like Cardano. He revealed that one of the […]