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11 months, 1 week agoGrayscale Evaluates Tax Implications of Spot Bitcoin ETF Amidst Inaccurate Reports
Grayscale, a prominent cryptocurrency investment firm, is currently assessing the potential tax implications surrounding spot Bitcoin exchange-traded funds (ETFs). This evaluation comes in response to inaccurate…
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11 months, 1 week agoDushyant Bhatia appointed as Head of Key Clients and Family Offices at LGT Private Banking in Dubai
LGT Private Banking has appointed Dushyant Bhatia as the head of key clients and family offices in Dubai. Bhatia, who previously worked as the managing director at Bank of Singapore (BoS) in Dubai for over eight…
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11 months, 1 week agoBlackRock Unveils AI Co-Pilot and Advances Bitcoin ETF Talks
BlackRock, a prominent investment management company, has made headlines this week with two major developments in the world of technology. Firstly, the company has unveiled its new AI tool, which is set to act as a…
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11 months, 1 week agoKazakhstan's Digital Tenge Pilot Project Declared a Success, Sets Stage for Future Enhancements
The digital tenge, Kazakhstan’s central bank digital currency (CBDC), has successfully completed a month-long pilot project. The pilot run involved various initiatives, including providing schoolchildren with f…
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11 months, 1 week agoCoinbase Plans Legal Action Against SEC Over Denial of Regulatory Rules for Cryptocurrency Transactions
Coinbase, the popular cryptocurrency exchange, plans to take legal action against the U.S. Securities and Exchange Commission (SEC) after the regulator rejected Coinbase’s petition for specific regulatory rules f…
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11 months, 1 week agoEthereum Community Approves Groundbreaking ERC-3643 Standard for Compliant Tokenization
The Ethereum community has approved the ERC-3643 standard, which is the first-ever standard designed specifically for compliant tokenization. This new standard improves upon the widely used ERC-20 standard,…
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11 months, 1 week agoSEC Holds Discussions with Asset Managers on Spot Bitcoin ETF Approval
The Securities and Exchange Commission (SEC) has engaged in discussions with asset managers regarding the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States. The recent meetings…
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11 months, 1 week agoSafeMoon DeFi Protocol Files for Bankruptcy Amidst Criminal Charges and Token Price Plummets
Decentralized finance (DeFi) protocol SafeMoon has filed for Chapter 7 bankruptcy following the arrest of its executives and criminal charges in the United States. The filing has resulted in a significant drop in…
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11 months, 1 week agoSEC Denies Coinbase's Petition for Cryptocurrency Securities Rulemaking
The United States Securities and Exchange Commission (SEC) has denied a petition from Coinbase, a cryptocurrency exchange, for a rulemaking on transactions involving cryptocurrencies that are considered securities.…
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11 months, 1 week agoTether Freezes Hacker's Wallet Address Amidst Security Concerns on Ledger Platform
Tether, the popular stablecoin issuer, has taken action against hackers who exploited the Ledger network. The addresses of the attackers have been frozen, preventing them from accessing the funds they stole.…
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11 months, 1 week agoCentral Bank Governor Urges Development of CBDCs to Counter Stablecoin Threat
Bank of Korea Governor Chang-yong Rhee has expressed concerns about the rise of stablecoins and their potential impact on central bank money and monetary policies. Speaking at a conference on digital money in…
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11 months, 1 week agoSEC Denies Coinbase's Crypto Rulemaking Petition, Chair Gensler Supports Decision
The Securities and Exchange Commission (SEC) has denied a rulemaking petition filed by Coinbase, a US-based crypto exchange. SEC Chair Gary Gensler supports the Commission’s decision, stating that existing laws a…
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11 months, 1 week agoOngoing Legal Battle Raises Concerns Over Foundation's Financial Mismanagement
A court in Liechtenstein has been deliberating for two years on whether it is legal for two trustees to have unrestricted access to millions of dollars. These trustees, along with their lawyer, earn thousands of…
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11 months, 1 week agoSEC Denies Coinbase's Request for New Crypto Regulation, Citing Existing Rules
The US Securities and Exchange Commission (SEC) has denied Coinbase’s request for new cryptocurrency regulations. SEC Chair Gary Gensler stated that the existing rules are sufficient and apply to the crypto s…
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11 months, 1 week agoFnality International Launches Sterling Fnality Payment System, Revolutionizing Wholesale Finance and Asset Tokenization
Fnality International has launched the first phase of its Sterling Fnality Payment System (£FnPS), a distributed ledger technology (DLT)-based wholesale payment system. The system enables banks to transfer British…
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11 months, 1 week agoFnality International Launches Sterling Fnality Payment System, Revolutionizing Wholesale Payments with Blockchain Technology
Fnality International has launched the first phase of its Sterling Fnality Payment System (£FnPS), a distributed ledger technology (DLT)-based wholesale payment system. The system allows banks to transfer British…
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11 months, 1 week agoFormer Amazon Software Engineer Pleads Guilty to Hacking Decentralized Exchange and Stealing Millions
A former software security engineer at Amazon, Shakeeb Ahmed, has pleaded guilty to computer fraud charges in connection with the hacking of Nirvana Finance and another unnamed decentralized exchange (DEX). This…
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bob wrote a new post
11 months, 1 week agoFormer Amazon Software Engineer Pleads Guilty to Hacking Decentralized Exchange and Stealing Millions
A former software security engineer at Amazon, Shakeeb Ahmed, has pleaded guilty to computer fraud charges in connection with the hacking of Nirvana Finance and another unnamed decentralized exchange (DEX). This…
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bob wrote a new post
11 months, 1 week agoSEC Denies Coinbase's Crypto Rulemaking Petition, Chair Gensler Supports Decision
The Securities and Exchange Commission (SEC) has denied a rulemaking petition filed by Coinbase, a US-based crypto exchange. SEC Chair Gary Gensler supports the Commission’s decision, stating that existing laws a…
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11 months, 1 week agoBinance Survey Reveals Majority of Users Believe Crypto Can Reduce Income Inequality
Binance, one of the leading cryptocurrency exchanges, recently conducted a survey to understand how its users are utilizing crypto in their daily lives. The survey revealed that a majority of users believe that…