Dogecoin co-founder Billy Markus has criticized SEC Chairman Gary Gensler for his perceived ineffectiveness in regulating the cryptocurrency industry. Markus accuses Gensler of being “useless in every aspect” and suggests that he is not taking concrete actions to improve regulation in the sector.In a video, Gensler compared the crypto market to the “Wild West,” highlighting […]
Hackers have reportedly exploited Orbit Bridge, the bridging service of the cross-chain protocol Orbit Chain, for a total of $82 million, just three hours before the new year. The exploit was brought to attention by a pseudonymous Twitter user, who pointed out large outflows from the Orbit Chain Bridge protocol. Blockchain analytics platform Arkham Intelligence […]
There are questions surrounding the trial of Sam Bankman-Fried (SBF) and the silence from certain key figures, particularly Senator Elizabeth Warren. John E. Deaton, attorney for XRP holders, has raised thought-provoking questions about Warren’s apparent inaction regarding the fallout from SBF’s trial.One of the main concerns is the lack of investigation or indictments for Joe […]
BYDFi, formerly known as BitYard, is a leading global social trading platform that aims to revolutionize the cryptocurrency trading experience. With a strong user base of over 500,000 individuals spanning across 150 countries, BYDFi has established itself as a trusted and reputable player in the crypto trading industry. The platform offers a wide range of […]
2023 has been a significant year for Ripple and its XRP Ledger, marked by community engagement initiatives and technological advancements. RippleX, the developer platform for the XRP Ledger, launched the #builtonXRPL meme contest to foster creativity and unity among developers. This contest encouraged developers to showcase their projects through creative memes, adding a unique and […]
The approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) is expected to have a significant impact on the institutional adoption of digital assets. Mathew McDermott, the global head of digital assets at Goldman Sachs, believes that these ETFs will unlock opportunities for pensions, insurers, and other institutional investors to enter the crypto market.By creating […]
The approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) is expected to have a significant impact on the institutional adoption of digital assets. Mathew McDermott, the global head of digital assets at Goldman Sachs, believes that these ETFs will unlock opportunities for pensions, insurers, and other institutional investors to enter the crypto market.By creating […]
Major asset management firms, including BlackRock and VanEck, have revised their filings with the U.S. Securities and Exchange Commission (SEC) for spot bitcoin exchange-traded funds (ETFs). This move indicates a potential shift in the regulatory stance towards cryptocurrency investment products. The revised filings outline the arrangements each firm has made with market makers to ensure […]
The entire team at finews.ch, finews.com, finewsticino.ch, and finews.asia would like to express their gratitude to all readers for their immense interest and trust in this memorable year, and wish you an exciting 2024 filled with encouraging surprises.Undoubtedly, 2023 will be remembered as an eventful year from a banking perspective. What few could have imagined […]
A Chainlink investor recently fell victim to a sophisticated phishing attack, resulting in a loss of approximately $4.66 million. The investor had accumulated 290,750 LINK tokens valued at $2.26 million through savvy trading strategies, earning nearly $2.4 million in profits. However, their success turned sour when they clicked on a phishing link, unknowingly authorizing a […]
