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bob wrote a new post
1 year ago
SEC's Proactive Stance Fuels Hope for Spot Bitcoin ETF Approval
The US Securities and Exchange Commission (SEC) is showing increased communication with applicants for spot Bitcoin exchange-traded funds (ETFs), a departure from its usual silence on the matter. This comes after…
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bob wrote a new post
1 year agoEU Implements Directive to Enhance Collaboration on Crypto Tax Data Sharing
The European Union (EU) has implemented a new directive aimed at enhancing collaboration among member states regarding the sharing of tax data related to cryptocurrencies. This move is intended to strengthen the…
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bob wrote a new post
1 year agoBlackRock CEO Larry Fink: Bitcoin Emerges as Safe-Haven Asset Amid Geopolitical Turmoil
BlackRock CEO Larry Fink believes that Bitcoin and other cryptocurrencies are now seen as safe-haven assets in times of geopolitical uncertainty. Fink suggests that the recent rally in Bitcoin’s price indicates t…
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bob wrote a new post
1 year agoReddit Ends Community Points Program Due to Scalability and Regulatory Concerns
Reddit has decided to end its Community Points initiative, which rewarded high-quality posters with Ethereum-based tokens. The website cited a lack of scalability and high costs as the reasons for discontinuing the…
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bob wrote a new post
1 year agoCoinbase Strengthens Efforts to Combat Illicit Use of Cryptocurrencies
Coinbase, a leading cryptocurrency exchange, has reaffirmed its commitment to combatting the illicit use of cryptocurrencies. The company has implemented a robust compliance program that includes Know Your Customer…
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bob wrote a new post
1 year agoHong Kong's Public Confidence in Cryptocurrency Plummets After JPEX Scandal: Survey
Public sentiment towards cryptocurrency in Hong Kong has declined following the JPEX crypto exchange scandal, according to a survey conducted by The Hong Kong University of Science and Technology’s business s…
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bob wrote a new post
1 year agoReddit to Shut Down Blockchain-Based Rewards Service "Community Points" Due to Scalability Concerns
Reddit has announced that it will be shutting down its blockchain-based rewards service called “Community Points” due to scalability concerns. This decision has caused the value of Reddit tokens, MOON and BRI…
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bob wrote a new post
1 year agoFTX Founder's Trial Uncovers $230M in Political Donations and $9B Customer Refund Proposal
Nishad Singh, the former director of engineering at FTX, faced intense cross-examination during the tenth day of the Sam Bankman-Fried (SBF) trial. Singh, who has pleaded guilty to fraud and conspiracy charges,…
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bob wrote a new post
1 year agoInfamous Silk Road Bitcoin Heist Solved: Former Developer Unmasked as Prime Suspect
In a major breakthrough, the perpetrator behind the infamous Silk Road Bitcoin heist has been unmasked nearly a decade after the crime took place. The theft, which occurred in 2012, involved the stealing of 50,000…
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bob wrote a new post
1 year agoFantom Foundation Loses Over $650,000 in Phishing Attack, FTM Price Plummets
Two Fantom Foundation wallets on Ethereum and the Fantom Network have been targeted in a phishing attack, resulting in a loss of over $650,000. CertiK, a blockchain security firm, reported that the foundation lost…
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bob wrote a new post
1 year agoScroll Launches Mainnet for Zero-Knowledge Ethereum Virtual Machine (zkEVM) Solution
Scroll, a new player in the zero-knowledge Ethereum Virtual Machine (zkEVM) sector, has officially launched its mainnet. The team behind Scroll made the announcement on October 17, stating that existing Ethereum…
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bob wrote a new post
1 year agoSEC Cautioned Against False Reports on BlackRock's BTC ETF Approval
The US Securities and Exchange Commission (SEC) has denied reports that it approved BlackRock’s application to launch a Bitcoin exchange-traded fund (ETF). The false reports caused a temporary price rally for B…
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bob wrote a new post
1 year agoBankrupt Cryptocurrency Exchange FTX Stakes $170 Million in Solana, Ethereum, and MATIC
The bankrupt cryptocurrency exchange FTX has staked around $170 million in various crypto assets, including Solana, Ethereum, and MATIC. Blockchain data shows that the defunct platform has staked over 5.5 million…
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bob wrote a new post
1 year agoFTX Founder Sam Bankman-Fried's Donations Exposed: $230M Given to Friends, Family, and Politicians
FTX founder Sam Bankman-Fried’s criminal trial has revealed an extensive list of donations made by FTX associates. Bankman-Fried himself donated over $133 million, with the majority going towards political d…
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1 year ago-
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bob wrote a new post
1 year agoSEC Division of Examinations Signals Increased Regulatory Scrutiny for Crypto Industry in 2024
The US Securities and Exchange Commission (SEC) is showing no signs of slowing down its regulatory scrutiny and enforcement actions against the crypto industry. The SEC’s Division of Examinations has announced i…
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bob wrote a new post
1 year agoFantom Foundation Loses Millions in Major Hack, Exposing Vulnerabilities in Ethereum Rival
The Fantom Foundation, a rival of Ethereum, has fallen victim to a major exploit, resulting in the loss of funds. According to blockchain security experts, the foundation’s wallets have been drained of both E…
