Bitwise and BlackRock, two major asset managers, have submitted updated filings to securities regulators for their spot Bitcoin exchange-traded fund (ETF) proposals. This comes as at least ten asset managers are looking to offer a spot Bitcoin ETF. The filings address concerns raised in recent discussions between the SEC and ETF applicants. Bloomberg ETF analyst […]
Texas-based Bitcoin miner Riot Platforms has made a strategic investment of $290.5 million in hardware to ramp up its mining power ahead of the highly anticipated Bitcoin halving event. The company has acquired 66,560 units of BTC miners, representing 18 EH/s, from MicroBT, with options to acquire an additional 265,000 miners. This move aligns with […]
Texas-based Bitcoin miner Riot Platforms has made a strategic investment of $290.5 million in hardware to ramp up its mining power ahead of the highly anticipated Bitcoin halving event. The company has acquired 66,560 units of BTC miners, representing 18 EH/s, from MicroBT, with options to acquire an additional 265,000 miners. This move aligns with […]
FTX, a cryptocurrency exchange, is challenging the Internal Revenue Service’s (IRS) estimated tax claims of $24 billion, arguing that they are exaggerated and unsupported by evidence. The IRS claims are seen as a potential obstacle to the approval of FTX’s Chapter 11 plan. FTX asserts that the claims are disproportionate to its earnings and potential […]
FTX, a cryptocurrency exchange, is challenging the Internal Revenue Service’s (IRS) estimated tax claims of $24 billion, arguing that they are exaggerated and unsupported by evidence. The IRS claims are seen as a potential obstacle to the approval of FTX’s Chapter 11 plan. FTX asserts that the claims are disproportionate to its earnings and potential […]
Ripple vs. SEC: Latest Updates on the LawsuitThe legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a critical phase in November 2023. Both parties have submitted a joint proposal outlining the next steps in the lawsuit, focusing on the remedies briefing and discovery process.John E. Deaton, a lawyer […]
Ripple vs. SEC: Latest Updates on the LawsuitThe legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a critical phase in November 2023. Both parties have submitted a joint proposal outlining the next steps in the lawsuit, focusing on the remedies briefing and discovery process.John E. Deaton, a lawyer […]
In the fast-paced world of digital currency, soccer superstar Cristiano Ronaldo is facing a legal battle over his involvement with cryptocurrency exchange Binance. Ronaldo’s promotion of his NFT collections has resulted in a class-action lawsuit alleging investor damages. This case highlights the complex relationship between celebrity endorsements and digital finance, which has been a recurring […]
In the fast-paced world of digital currency, soccer superstar Cristiano Ronaldo is facing a legal battle over his involvement with cryptocurrency exchange Binance. Ronaldo’s promotion of his NFT collections has resulted in a class-action lawsuit alleging investor damages. This case highlights the complex relationship between celebrity endorsements and digital finance, which has been a recurring […]
Hashdex, a crypto asset management company, has submitted a revised proposal for a Bitcoin Spot ETF to the United States Securities and Exchange Commission (SEC). The company plans to combine Spot Bitcoin with its Bitcoin Futures ETF and change the ticker to a Hashdex Bitcoin ETF. Hashdex has also announced a partnership between Teucrium Trading […]
