Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Axie Infinity Fires 21% of its Employees
Reading Time: < 1 minuteSky Mavis, the creator of Axie Infinity, is laying off 21% of its workforce in an effort to position itself for growth in the upcoming year.
Tether Mints 2 Billion USDT on Ethereum’s Blockchain
Reading Time: < 1 minuteTether, the issuer of a popular stablecoin, has recently created a significant amount of USDT on the Ethereum network.
Hong Kong’s Largest Digital Bank Launches Retail Crypto Trading
Reading Time: < 1 minuteZA Bank has now expanded its services to include direct cryptocurrency trading for its retail users. It is the first bank in Asia to offer this service, according to the bank’s press release.
Bitwise Files to Launch a Solana ETF
Reading Time: < 1 minuteBitwise, a crypto asset manager, has officially submitted a registration statement on Form S-1 to the SEC for its proposed Bitwise Solana ETF.
SEC Chairman Gary Gensler to Step Down in January
Reading Time: < 1 minuteGary Gensler, the current Chair of the Securities and Exchange Commission, announced his resignation on Thursday, effective Jan. 20.
US Spot Bitcoin ETFs’ Assets Exceed $100B
Reading Time: < 1 minuteOn Wednesday, the total net value of the 12 spot Bitcoin exchange-traded funds (ETFs) in the US surpassed $100 billion.
SEC Distributes Almost $5 Million to BitClave ICO Investors
Reading Time: < 1 minuteThe SEC of the United States has recently issued a statement announcing the distribution of $4.6 million to investors of BitClave, a defunct cryptocurrency startup’s 2017 ICO.
BitGo Announces Subsidiary in Singapore
Reading Time: < 1 minuteBitGo, a digital asset services company, has launched a subsidiary in Singapore to expand its services in the Asia-Pacific region.
SEC Delays Decision on Franklin Templeton Crypto Index ETF
Reading Time: < 1 minuteFranklin Templeton, a company that issues crypto exchange-traded funds (ETFs), has expressed interest in launching a crypto index ETF.
Trading Volume of Bitcoin ETF Options Reaches $2B on First Day
Reading Time: < 1 minuteBlackRock’s Bitcoin ETF IBIT options made an impressive debut, with nearly $2 billion in notional exposure traded on their first day. Analysts are calling this an “unheard of” feat in terms of metrics.
Gemini Expands to France
Reading Time: < 1 minuteGemini has now officially launched in France as part of its plan to expand its presence in Europe.
Coinbase Plans to Delist wBTC
Reading Time: < 1 minuteOn Tuesday, Coinbase announced its plans to halt trading of wrapped Bitcoin (wBTC) starting next month.
Russia Considers 15% Tax on Crypto Earnings
Reading Time: < 1 minuteRussia’s Ministry of Finance yesterday put forth a draft amendment proposing a 15% tax on earnings made from cryptocurrency.
Spot Bitcoin ETFs Attract $1.7B in a Week
Reading Time: < 1 minuteIn the past week of trading, Spot Bitcoin ETFs have seen a significant increase in inflows, amounting to $1.7 billion between November 11–15, 2024.
Goldman Sachs Announces Plans to Spin Off its Blockchain Trading Platform
Reading Time: < 1 minuteGoldman Sachs has announced plans to create a new company focused on blockchain networks and financial instrument trading, by spinning off its digital assets platform into an independent entity.
MicroStrategy Will Hold a New Private Note Sale to Acquire More BTC
Reading Time: < 1 minuteThe founder of MicroStrategy, Michael Saylor, revealed that the company plans to offer $1.75 billion in zero-coupon convertible notes in order to acquire more Bitcoin.
Crypto.com Launches Equities Trading in Australia
Reading Time: < 1 minuteCrypto.com has expanded its offerings in Australia by acquiring Fintek Securities, a licensed brokerage firm.
Bitwise to Launch a Crypto Index ETP
Reading Time: < 1 minuteBitwise Asset Management has announced that NYSE Arca has filed a Form 19b-4 to uplist the $1.3 billion Bitwise 10 Crypto Index Fund (BITW) as an exchange-traded product (ETP). This […]
CFTC Clears Way for Bitcoin ETF Options
Reading Time: < 1 minuteThe US Commodity Futures Trading Commission (CFTC) has announced that it will no longer be involved in the clearing of Bitcoin ETF options.
Bitfinex Hacker Sentenced to Five Years in Prison
Reading Time: < 1 minuteAccording to a report from Bloomberg on Thursday, Ilya “Dutch” Lichtenstein, who was involved in the 2016 hack of Bitfinex and subsequent money laundering, has been sentenced to five years in prison.
18 US States Take Legal Action Against SEC
Reading Time: < 1 minuteA lawsuit has been filed by 18 US states against the Securities and Exchange Commission (SEC) and its Chairman Gary Gensler, alleging that the regulatory body has overstepped its bounds and acted beyond its authority in its actions against the growing crypto industry.
Bitcoin Correlation to Gold Reaches a Nearly 1-year Low
Reading Time: < 1 minuteThe correlation of Bitcoin to gold has reached a low not seen in 11 months since the election.
Coincheck Receives SEC Approval for Nasdaq Listing
Reading Time: < 1 minuteCoincheck will become the first Japanese platform to be listed on the Nasdaq Global Market.
Revolut Expands its Crypto Exchange to 30 European Countries
Reading Time: < 1 minuteCryptocurrency-friendly neobank Revolut is expanding its crypto exchange, Revolut X, to 30 new markets across the European Economic Area (EEA).
Coinbase Buys Utopia Labs
Reading Time: < 1 minuteThe stablecoin payment processor Utopia Labs has joined Base, the Layer 2 network of the crypto exchange giant Coinbase. This collaboration aims to strengthen onchain payments within Coinbase Wallet and Base.
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