BlackRock, Nasdaq, and the United States Securities and Exchange Commission (SEC) recently held discussions regarding the listing of a spot Bitcoin exchange-traded fund (ETF). The meeting focused on the necessary rule changes required to list the iShares Bitcoin Trust on the NASDAQ Stock Market.The discussions revolved around NASDAQ Rule 5711(d), which outlines the requirements for […]
A hacker going by the name “Miembro” has recently posted on Breach Forums, offering to sell access to Binance’s law enforcement request panel for $10,000 in Bitcoin or Monero. This access supposedly provides private access exclusively used by law enforcement, allowing unlimited requests to be answered within three to seven days.The hacker claims that inquiries […]
The United States Commodity Futures Trading Commission (CFTC) has granted Bitnomial, a digital asset derivative exchange, a clearinghouse license. This license adds to Bitnomial’s existing derivatives exchange and brokerage licenses, making it a regulated and vertically integrated market structure.The CFTC approved Bitnomial’s application after several delays, with a vote of four to one. Vertical integration, […]
In a significant development for those affected by the collapse of the FTX Group, an agreement has been reached between the debtors of FTX and its subsidiary, FTX Digital Markets. This agreement aims to simplify the bankruptcy process and improve the chances of recovery for customers. The agreement is subject to approval from the U.S. […]
FTX Trading Ltd. and its subsidiary, FTX Digital Markets, have reached a global settlement to address the challenges arising from the collapse of the FTX group in November 2022. The settlement is subject to approval from the U.S. Bankruptcy Court for the District of Delaware and the Supreme Court of The Bahamas.Under the terms of […]
A security vulnerability in the iOS applications of cryptocurrency exchange OKX has been identified by blockchain security firm CertiK. The flaw could potentially allow hackers to gain unauthorized access to users’ personal data and cryptocurrencies. CertiK urged OKX users to update their apps promptly to mitigate the risks. OKX swiftly addressed the vulnerability and released […]
Major applicants for a spot Bitcoin exchange-traded fund (ETF) in the United States are amending their filings to comply with the cash redemption model demanded by securities regulators. Investment manager BlackRock and Cathie Wood’s ARK Invest have updated their S-1 registration statements for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC).The […]
The Commodity Futures Trading Commission (CFTC) has reached a settlement with CZ Zhao, the former CEO of Binance, and Binance itself, following a legal action against the cryptocurrency exchange. The US District Court for the Northern District of Illinois has authorized the settlement, which requires CZ Zhao to pay $150 million and Binance to pay […]
Crypto exchange Coinbase has expanded its services in Singapore by announcing support for USD transfers. Retail customers in Singapore can now deposit or withdraw USD using their Coinbase accounts through the SWIFT network. This move is part of Coinbase’s plan to increase its presence in the Singapore market.With the introduction of commission-free trading for US […]
Brian Armstrong, the CEO of Coinbase, has responded positively to the US Securities and Exchange Commission’s (SEC) decision to dismiss the company’s petition for a new regulatory framework for digital assets. Coinbase argued that the current application of securities statutes and regulations to crypto assets is unworkable, but the SEC disagreed, stating that existing laws […]
