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Day: November 19, 2023

  1. Home
  2. 2023
  3. November
  4. 19
WisdomTree Resubmits Bitcoin ETF Proposal to SEC, Reflecting Growing Institutional Interest
  • bob
  • 2023-11-19
  • Company News
  • Investment Insights
  • Regulatory Developments
  • World

WisdomTree Resubmits Bitcoin ETF Proposal to SEC, Reflecting Growing Institutional Interest

WisdomTree, a major player in the financial industry, has resubmitted its proposal for a spot Bitcoin Exchange-Traded Fund (ETF) to the U.S. Securities and Exchange Commission (SEC). This move is significant as it could pave the way for mainstream investors to gain exposure to Bitcoin through traditional financial markets. Despite a setback in October 2022 […]

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Kronos Research Hit by $26 Million Crypto Breach, Trading Operations Halted
  • bob
  • 2023-11-19
  • Asia
  • Company News
  • Cryptocurrency Exchanges
  • Financial Scams and Security

Kronos Research Hit by $26 Million Crypto Breach, Trading Operations Halted

Kronos Research, a market maker, trading firm, and venture capital fund based in Taipei, recently experienced a security breach that resulted in the unauthorized access to its API keys. As a result, the company lost a significant amount of crypto funds and has temporarily halted all trading operations to conduct a thorough investigation. The breach […]

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Decentralized Exchange dYdX Implements Risk Mitigation Measures After $9 Million Insurance Fund Loss
  • bob
  • 2023-11-19
  • Cryptocurrency Exchanges
  • Cryptocurrency Market Analysis
  • Financial Scams and Security
  • World

Decentralized Exchange dYdX Implements Risk Mitigation Measures After $9 Million Insurance Fund Loss

Decentralized crypto exchange dYdX has implemented new measures to address trading-related risks after losing $9 million from its insurance fund. The exchange has increased margin requirements on certain less liquid markets, affecting tokens such as Eos, 0x Protocol, Aave, Algorand, Internet Computer, Monero, Tezos, Zcash, SushiSwap, THORChain, Synthetix, Enjin, 1inch Network, Celo, Yearn.finance, and Uma. […]

Read More
  • bob
  • 2023-11-19
  • Company News
  • Europe
  • Market Updates
  • Mergers and Acquisitions (M&A)

Airbnb Acquires Start-Up by Co-Founder of Siri for AI Advancements

Siemens Energy, a subsidiary of the German conglomerate Siemens, has received a guarantee of 7.5 billion euros from the German government. This guarantee is part of a larger package totaling 15 billion euros, which includes guarantees from private banks. The government will only provide the guarantee if other parties involved also contribute their share. In […]

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  • bob
  • 2023-11-19
  • Australia
  • Cryptocurrency Exchanges
  • Financial Scams and Security
  • Regulatory Developments

Cryptocurrency Exchange Dasset Enters Liquidation, Customers Unable to Access Funds

In a surprising turn of events, Dasset, a well-established cryptocurrency exchange based in New Zealand, has announced that it is entering into liquidation. This decision comes as a blow to the exchange’s customers, who are currently unable to access their funds. Reports indicate that some customers have been experiencing difficulties withdrawing their funds for several […]

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Poloniex Identifies Hacker and Offers $10 Million Reward to Recover Stolen Funds
  • bob
  • 2023-11-19
  • Asia
  • Cryptocurrency Exchanges
  • Cryptocurrency Market Analysis
  • Financial Scams and Security

Poloniex Identifies Hacker and Offers $10 Million Reward to Recover Stolen Funds

Poloniex, a cryptocurrency exchange, has identified the hacker responsible for stealing $120 million and is offering a $10 million reward for the return of the funds. The majority shareholder of Poloniex, Justin Sun, sent messages on the Ethereum network to the hacker’s addresses, warning them to return the stolen funds or face legal action. The […]

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Decentralized Exchange dYdX Pays $9 Million in User Liquidations Following Targeted Attack
  • bob
  • 2023-11-19
  • Cryptocurrency Exchanges
  • Cryptocurrency Market Analysis
  • Financial Scams and Security
  • World

Decentralized Exchange dYdX Pays $9 Million in User Liquidations Following Targeted Attack

On November 17, decentralized exchange dYdX experienced a significant loss of $9 million in user liquidations. The founder of dYdX, Antonio Juliano, believes that this was a targeted attack against the exchange. The incident occurred in the midst of a 43% decline in the Yearn.Finance (YFI) token, which raised concerns about a potential exit scam. […]

Read More
  • bob
  • 2023-11-19
  • Company News
  • Cryptocurrency Innovations
  • Market Updates
  • Middle East

Taiwanese Crypto Exchange Bitgin Under Investigation for Money Laundering

The Spanish regulatory authority is considering investigating cryptocurrency advertisements on platform X, emphasizing the need for businesses to comply with local regulations and take action against unregistered entities promoting investments. In response to proposed tax legislation by the IRS, the Blockchain Association has voiced opposition, stating that it would be challenging for many players in […]

Read More
  • bob
  • 2023-11-19
  • Company News
  • Financial Scams and Security
  • Middle East
  • Regulatory Developments

Citibank Ordered to Pay $1.4 Million for Discriminating Against Armenian Americans

The Consumer Financial Protection Bureau (CFPB) has ordered Citibank to pay over a million dollars to potential customers who were treated unfairly. According to the CFPB, Citibank violated the Equal Credit Opportunity Act by denying services to people based on their heritage. Specifically, the bank discriminated against Armenian Americans between 2015 and 2021 when denying […]

Read More
  • bob
  • 2023-11-19
  • Company News
  • Financial Scams and Security
  • Middle East
  • Regulatory Developments

Citibank Ordered to Pay $1.4 Million for Racially Profiling Armenian American Customers

The Consumer Financial Protection Bureau (CFPB) has ordered Citibank, a major financial institution, to pay over a million dollars to potential customers who were racially profiled and treated unfairly. According to the CFPB, Citibank violated the Equal Credit Opportunity Act by denying services to a specific group of people based on their heritage. Specifically, the […]

Read More



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