FTX, a cryptocurrency exchange, has filed a lawsuit against Bybit and its affiliates, accusing them of using fraudulent tactics to withdraw $953.2 million from the FTX platform before it collapsed. The lawsuit alleges that Bybit and its affiliates had VIP privileges that allowed them to prioritize their withdrawals, leaving FTX’s non-VIP customers struggling to access […]
Asset management giant BlackRock has taken a significant step towards launching an exchange-traded fund (ETF) based on the cryptocurrency ether. The company’s iShares division has registered the iShares Ethereum Trust with the state of Delaware, following a similar approach taken earlier this year with a Bitcoin-based ETF. This move suggests that BlackRock is preparing to […]
Securities and Exchange Commission (SEC) Chair Gary Gensler has indicated that the agency is open to the possibility of the exchange resuming operations. Following Gensler’s comments at the DC Fintech Week conference, the native token of FTX, FTT, has experienced a significant price surge of 90%. Gensler responded to a question about former New York […]
Former Ethereum lawyer Steven Nerayoff has announced that he will soon provide evidence to support his claims of a massive fraud within the Ethereum network. In an interview, Nerayoff stated that he would release the proof within the next four or five days. This revelation has sparked anticipation within the crypto industry, as investors eagerly […]
BlackRock, the world’s largest asset manager, is planning to create an ETF that holds Ethereum’s ether (ETH), further solidifying its commitment to cryptocurrencies. The announcement caused the price of ETH to surge, reaching its highest level of the day at around $2,100, a 3% increase from before the filing was made public. However, the price […]
BlackRock, the world’s largest asset manager, has taken the first step towards listing a spot-based Ether ETF by establishing a new Delaware trust company for the iShares Ethereum Trust and filing an SEC application with Nasdaq. This move comes after BlackRock surprised the investment world in mid-June by filing for a spot-based Bitcoin ETF, increasing […]
A judge in New York has postponed the bail of John Karony, the CEO of crypto platform SafeMoon, while assessing the level of flight risk. The bail had previously been granted by a Utah judge but was stayed at the request of prosecutors. The prosecutors argued that the Utah judge did not consider Karony’s finances […]
BlackRock, the world’s largest asset manager, is planning to create an ETF that holds Ethereum’s ether (ETH), further solidifying its commitment to cryptocurrencies. The announcement caused the price of ETH to surge, reaching its highest level of the day at around $2,100, a 3% increase from before the filing was made public. However, the price […]
BlackRock, the world’s largest asset manager, has taken the first step towards listing a spot-based Ether ETF by establishing a new Delaware trust company for the iShares Ethereum Trust and filing an SEC application with Nasdaq. This move comes after BlackRock surprised the investment world in mid-June by filing for a spot-based Bitcoin ETF, increasing […]
BlackRock, a $9 trillion asset management firm, has confirmed its plans to launch a spot Ethereum exchange-traded fund (ETF). The firm filed a 19b-4 form with the United States Securities and Exchange Commission, signaling its intention to expand beyond Bitcoin. This move comes after BlackRock registered a corporate entity called “iShares Ethereum Trust” in Delaware. […]
