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10 months, 3 weeks agoGrayscale Investments in Talks with JPMorgan and Goldman Sachs for Potential Role in Bitcoin ETF
Crypto asset manager Grayscale Investments is reportedly in talks with investment banks JPMorgan and Goldman Sachs regarding their potential involvement in a proposed spot Bitcoin exchange-traded fund (ETF).…
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10 months, 3 weeks agoSouth Korea Proposes Ban on Credit Card Purchases of Cryptocurrency
South Korea’s Financial Services Commission (FSC) is proposing changes to the country’s credit finance laws that would prohibit local citizens from using credit cards to purchase cryptocurrency. The FSC exp…
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10 months, 3 weeks agoGrowing Concerns Over Malicious Solana Drainer Kits Targeting Users
One of the largest online communities dedicated to Solana, a popular cryptocurrency, has over 6,000 members, according to blockchain security firm Chainalysis. Recently, there has been growing concern about…
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10 months, 3 weeks agoInvestors Demand Billions in Compensation from CS Bank
The forced sale of Credit Suisse (CS) to UBS has brought some stability to the troubled bank. However, the low sale price and the decision by the Swiss Financial Market Supervisory Authority (FINMA) to write off…
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10 months, 3 weeks agoSEC Approves First Leveraged Bitcoin Futures ETF, Paving the Way for Mainstream Adoption
The U.S. Securities and Exchange Commission (SEC) has made a groundbreaking decision by approving the launch of the first-ever leveraged Bitcoin futures exchange-traded fund (ETF). This move signifies the growing…
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10 months, 3 weeks agoNew US Tax Law Requires Reporting of Cryptocurrency Transactions
The Infrastructure Investment and Jobs Act, passed by the US Congress in November 2021, introduced a new provision into the Tax Code. Under this provision, individuals who receive over $10,000 in cryptocurrency in…
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bob wrote a new post
10 months, 3 weeks agoNew US Tax Law Requires Reporting of Cryptocurrency Transactions
The Infrastructure Investment and Jobs Act, passed by the US Congress in November 2021, introduced a new provision into the Tax Code. Under this provision, individuals who receive over $10,000 in cryptocurrency in…
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bob wrote a new post
10 months, 4 weeks agoFidelity's Bitcoin ETF Registration Accepted by Cboe Exchange
The United States-based exchange Cboe has accepted the registration for listing shares of a spot Bitcoin exchange-traded fund (ETF) proposed by Fidelity Investments. The Fidelity Wise Origin Bitcoin Fund has filed…
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10 months, 4 weeks agoBlackRock and Grayscale May Add Goldman Sachs as Authorized Participant for Bitcoin ETF
Two leading spot Bitcoin exchange-trade fund (ETF) applicants, Grayscale and BlackRock, are reportedly considering adding Goldman Sachs as an authorized participant. This role would involve Goldman Sachs creating…
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10 months, 4 weeks agoPossible Title: "Blockchain Analysts Link Orbit Bridge Attack to Series of 2023 Crypto Cyberattacks
A recent report from blockchain analysts suggests that the attacker responsible for draining $81.5 million from the Orbit bridge may have been involved in several other crypto cyberattacks in 2023. The report…
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10 months, 4 weeks agoRadiant Capital Falls Victim to Malicious Attack, Suffers $4.4 Million Loss
Cyvers, a cybersecurity firm, has uncovered a malicious attack on RDNTCapital, a decentralized finance (DeFi) platform. The attack resulted in a loss of over $4.4 million for RDNTCapital. The attackers used…
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10 months, 4 weeks agoNigeria's Central Bank Implements New Guidelines for Cryptocurrency Accounts
In a significant policy shift, Nigeria’s central bank has released updated guidelines for banks handling cryptocurrency accounts, signaling a change in the country’s stance towards digital assets. The move com…
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10 months, 4 weeks agoBloomberg Analyst Questions Matrixport's Claim of Potential Bitcoin ETF Rejection
A Bloomberg analyst has raised doubts about a report from Matrixport, a digital asset management firm, which claimed that the US Securities and Exchange Commission (SEC) may reject several pending applications for…
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10 months, 4 weeks agoNigeria's Central Bank Implements Stringent Guidelines for Cryptocurrency Banking
Nigeria’s central bank has issued new guidelines for banks dealing with cryptocurrency accounts, signaling a shift in the country’s approach to digital assets. The guidelines, detailed on the central bank’s offic…
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10 months, 4 weeks agoEnsuring Protection for the Future: Safeguarding Against Dementia and Incapacity
As individuals enter their later years, they often encounter various challenges that can impact their financial well-being. These challenges include the loss of social connections, disruptions to daily routines,…
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10 months, 4 weeks agoOKX Implements New Requirements to Comply with UK Financial Conduct Authority Rules
Crypto exchange OKX has announced that it will implement new requirements to comply with the rules set by the UK Financial Conduct Authority (FCA). Starting from January 8, users in the UK will be required to…
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10 months, 4 weeks agoRadiant Capital Halts DeFi Lending on Arbitrum After $4.5 Million ETH Exploit
Radiant Capital, a decentralized finance (DeFi) lending protocol, has temporarily halted its operations on the Ethereum layer2 network Arbitrum after suffering an exploit that resulted in the loss of 1,900 ETH,…
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10 months, 4 weeks agoBinance's Market Share Plummets Amid Regulatory Woes
Binance, one of the largest cryptocurrency exchanges, experienced a significant decline in market share last year, dropping to 44.5%. This decline followed a three-year period of growth, where Binance’s market s…
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10 months, 4 weeks agoBitcoin Surges to $45K on New Year's Day, Ethereum and Dogecoin Follow Suit as US Office Buildings Face $117B Debt Crisis
Bitcoin, Ethereum, and Dogecoin experienced significant price increases on the first day of 2024. Bitcoin crossed the $45,000 mark, while Ethereum and Dogecoin also saw spikes in their values. This surge in…
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10 months, 4 weeks agoGrayscale's Amended Bitcoin ETF Application Raises Questions with Omitted Authorized Participants
Cryptocurrency asset manager Grayscale has filed an amended Bitcoin exchange-traded fund (ETF) application without listing authorized participant details. This move has raised questions and speculation among…
