Fidelity’s Ethereum ETF Faces Regulatory Hurdle as SEC Extends Decision Window

Fidelity’s Ethereum ETF Faces Regulatory Hurdle as SEC Extends Decision WindowFidelity Investments’ plans to launch a spot Ethereum exchange-traded fund (ETF) have hit a snag as the U.S. Securities and Exchange Commission (SEC) has extended its decision window. The proposed Wise Origin Ethereum Trust would enable investors to track the performance of Ether, the second-largest […]

Solana’s Potential for ETF Sparks Hope Among Crypto Investors

Trillion-Dollar Asset Manager Franklin Templeton Praises Solana Network, Fuels Speculation of Potential Solana ETFFranklin Templeton, a leading asset management firm, has recently expressed admiration for the Solana network, sparking speculation about the possibility of a Solana exchange-traded fund (ETF) in the future. In a social media post on January 16, Franklin Templeton’s digital asset team […]

SEC Trial for Terraform Labs Co-founder Do Kwon Postponed Until March

Spot Bitcoin ETFs Approved by SEC in the United StatesAfter more than a decade of waiting, the crypto industry has finally achieved a significant milestone with the approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC). The SEC approved applications from various companies, including ARK 21Shares, Invesco Galaxy, VanEck, […]

Failed Exploit Attempt at Bitfinex Highlights Importance of Robust Security Measures

Bitfinex Foils Attempted Exploit of XRP Ledger FeatureAn unknown individual recently made an unsuccessful attempt to exploit a feature of the XRP Ledger at Bitfinex, one of the leading cryptocurrency exchanges. The attacker sought to move billions of dollars worth of XRP, but Bitfinex’s effective security measures prevented the attack from succeeding.Concerns Over Significant Transfer […]

FTX Customers Contest Motion to Deny 2023 Crypto Profits

The FTX debtors have filed to repay creditors in the same value as the time of the exchange’s collapse, potentially denying them the significant gains made in 2023. The troubled crypto exchange is nearing the final stages of a restructuring process that promises an imminent relaunch and full repayment to creditors and customers.Distressed FTX customers […]

HKVAC Delists XRP, Adds Solana Amidst Global Crypto Index Reorganization

The Hong Kong Virtual Asset Consortium (HKVAC) has announced the delisting of XRP from its top five global large cryptocurrency index. This decision reflects the altcoin’s decline from the top-performing cryptocurrencies with the largest market capitalization globally.In a significant move, HKVAC has decided to replace XRP’s position with Solana (SOL). This reorganization of its index […]

Indians Opt for Local Exchanges Amid Foreign Platforms Ban

In a significant move, India has imposed a ban on foreign cryptocurrency exchanges, effectively blocking their operations within the country. This decision has led to a surge in the use of local exchanges by Indian crypto enthusiasts.The ban has been implemented by restricting access to the websites of these foreign platforms. Additionally, the downloading of […]

Wise Lending Exploited, Loses $440,000 in Ether and $2.9M in stETH

Wise Lending, a Web3 lending software and yield aggregator, was reportedly exploited on January 12, losing 170 Ether, currently valued at $440,000. The attacker is believed to have used a flash loan to manipulate the pricing of an Oracle, employing an unverified contract with an address ending in d82c to siphon off the funds.This contract […]

Grayscale Transfers Large Bitcoin Amounts Following ETF Approval

Asset management firm Grayscale has been moving large amounts of Bitcoin to various wallet addresses over the past month, according to a recent report. This comes after the United States Securities and Exchange Commission (SEC) approved the firm’s application to convert its Bitcoin trust into a spot exchange-traded fund (ETF). The Grayscale Bitcoin Trust is […]