Blockchain intelligence firm TRM Labs has revealed that groups associated with the Democratic People’s Republic of Korea (DPRK) were behind approximately 33% of all cryptocurrency thefts through hacks in 2023. The firm’s research, published on January 5, suggests that North Korean hackers may have stolen up to $700 million in cryptocurrency in 2023, with $600 […]
The question of whether the U.S. will approve its first spot Bitcoin ETF this month has divided opinions. While some are optimistic about an imminent approval, others, like Perianne Boring, the visionary behind Digital Chamber, suggest that the wait may be longer than expected.Recently, the cryptocurrency community has been closely monitoring developments related to the […]
BlackRock, the asset management giant, is poised to make a significant impact on the Exchange Traded Fund (ETF) market. Matthew Sigel, head of digital asset research at VanEck, recently revealed that BlackRock has over $2 billion ready for trading in its new ETF in the first week. If this comes to fruition, it would be […]
BitMEX co-founder, Arthur Hayes, has recently shared his predictions regarding a potential price correction for Bitcoin following the introduction of the Spot Bitcoin ETF. Hayes, the former CEO of BitMEX, has provided valuable insights into the possible price impact on Bitcoin after the approval of Spot Bitcoin ETFs by the United States Securities and Exchange […]
North Korean hackers have been responsible for a significant portion of all cryptocurrency stolen through hacks in recent years. In 2023 alone, they stole $600 million in crypto, accounting for 33% of all crypto thefts. Since 2017, groups tied to the Democratic People’s Republic of Korea (DPRK) have stolen nearly $3 billion worth of crypto, […]
The Bitcoin community is currently embroiled in a heated debate over the place of Ordinals, essentially Non-Fungible Tokens (NFTs), on the Bitcoin blockchain. This debate has reached a fever pitch, with Bitcoin core developers proposing an update that would halt the minting of future Ordinals. However, proponents of Bitcoin Ordinals are protesting this change.Ordinals are […]
The Securities and Exchange Commission (SEC) has been a significant topic of discussion in the crypto community in recent years, primarily due to its actions against various companies and projects. However, the agency is now anticipated to approve a spot Bitcoin ETF in the US, after a decade of rejecting all proposals.The new year brought […]
Coinbase is set to broaden its derivatives offerings in the European Union through the acquisition of a MiFID-licensed entity in Cyprus. This move, which is still awaiting regulatory approval, is expected to bolster Coinbase’s market presence in 2024.MiFID II is the EU’s revised legislation governing financial instruments. The legislation was updated in 2017 to address […]
Dennis M. Kelleher, Co-Founder and CEO of Better Markets, a non-profit organization dedicated to promoting public financial interest, has issued a strong warning to the US Securities and Exchange Commission (SEC) against the approval of Bitcoin spot ETFs. This comes at a time when market analysts are hopeful that the SEC will approve several applications […]
The U.S. Securities and Exchange Commission (SEC) is on the brink of a decision regarding spot Bitcoin exchange-traded funds (ETFs). As the deadline approaches, 11 applicants have been actively submitting 19b-4 amendment forms. These forms are a crucial part of the SEC approval process, and their submission indicates that the final wording changes for the […]
