In anticipation of the Beacon Chain Fusion, holders of key BEP2/BEP8 tokens, including Binance Coin (BNB) and Bitcoin (BTC), are encouraged to transfer their assets to the BSC network. This move is strongly advised to ensure a seamless, lossless transition, preserving a 1:1 asset ratio. For those who did not transfer their assets to the […]
A recent market surge, triggered by a false tweet, led to a sharp 21 percent increase in Lido. However, Bitcoin and other altcoins experienced a significant drop after the SEC chair dismissed rumors of ETF approval.The US Securities and Exchange Commission’s compromised Twitter account had previously tweeted that the spot Bitcoin Exchange-Traded Fund (ETF) applications […]
In an unexpected development, Coinbase, a leading cryptocurrency exchange, has extended its support to the U.S. Securities and Exchange Commission (SEC) following a security breach on the regulator’s social media account. The breach led to the posting of a fraudulent Bitcoin ETF approval message, sparking a flurry of conspiracy theories and speculation.The social media platform […]
FTX, a bankrupt cryptocurrency exchange, is seeking court approval to sell several luxury properties in the Bahamas as part of its bankruptcy proceedings. The properties were purchased using a significant amount of the exchange’s users’ funds, with the total cost of the 36 properties exceeding $200 million.The exchange is hoping to secure permission from the […]
The anticipation of a potential approval for a spot-based Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC) has led to a significant increase in Bitcoin futures open interest on the Chicago Mercantile Exchange (CME). However, K33 Research warns that this enthusiasm may be short-lived as the approval could trigger a downturn […]
In a nod to the potential approval of a Bitcoin exchange-traded fund (ETF), a Bitcoin user has inscribed a message into the blockchain. The message, confirmed on Jan. 9 at 7:24 pm UTC, reads, “SEC Chairman on the brink of second ETF approval.” This act mirrors that of Bitcoin’s pseudonymous creator, Satoshi Nakamoto, who etched […]
The Financial Industry Regulatory Authority (FINRA), a self-regulatory body overseeing securities broker-dealers in the US, has included a section on crypto assets in its 2024 Annual Regulatory Oversight Report for the first time. The authority advises users to exercise caution when engaging in crypto asset-related activities and urges firms to address the regulatory challenges and […]
Bitcoin’s price experienced a wild ride this week, skyrocketing to nearly $48,000 due to a false announcement of a Bitcoin ETF approval before plummeting once again. This event highlights the high anticipation for the potential approval of spot Bitcoin ETFs in the US, a decision that is expected in the upcoming days.While some view this […]
The United States Securities and Exchange Commission (SEC) could be nearing the full approval of listing shares of a spot Bitcoin exchange-traded fund (ETF). This development comes after the Cboe BZX Exchange issued a notice approving securities listings from several asset managers.In letters filed with the SEC on January 10, Cboe confirmed that it had […]
Brevan Howard and Hamilton Lane are set to become the first asset managers to tokenize assets on the upcoming Libre protocol. This Web3 infrastructure provider is backed by Brevan Howard’s WebN and Nomura’s Laser Digital. The launch of Libre is planned for the first quarter of 2024, and it will offer asset tokenization and smart […]
