VanEck has initiated a marketing drive for its forthcoming Ether futures ETF, potentially launching by Oct 2. The investment management firm has unveiled two engaging “Enter the Ether”-themed TV commercials, proclaiming its Ethereum Strategy ETF — tagged EFUT — to be on the horizon. Bloomberg ETF analysts Eric Balchunas and James Seyffart have speculated that […]
InQubeta ($QUBE) is one of the best cryptos to invest in this year, offering investors 3x returns on their investments. The InQubeta project is a decentralized alternative to traditional investment firms, allowing anyone to invest in the artificial intelligence (AI) industry. The presale has already raised over $3.3 million and is expected to grow even […]
An address linked to the FTX exploit, identified as 0x3e9, has recently conducted transfers exceeding 10,000 ETH, valued at more than $17.1 million, across five different addresses. A significant portion of 7,749 ETH, equivalent to $13 million, was directed toward the Thorchain router and Railgun contract. Additionally, the exploiter engaged in a swap involving 2,500 […]
Cardano (ADA) is celebrating its anniversary with optimism for massive future growth. Riding on growing community and developer dedication, the expectation remains the coin may touch $12 in the future.Cardano has achieved significant milestones in the past year, attracting a rapidly growing community. Despite the crypto winter, some stakeholders firmly believe that ADA could surge […]
An unknown hacker managed to steal more than $600 million worth of Ether from FTX shortly after the company filed for bankruptcy and its founder stepped down from his position. The hacker initially deposited the stolen funds to CoinMixer, an anonymous Bitcoin mixing service, in order to obscure the trail of funds. After withdrawing from […]
SWIFT, the global payments network, is making strides in the world of blockchain-based transactions. Cross-border payments are projected to reach a valuation of approximately $250 trillion by 2027. A survey of 4,000 consumers and SMEs across eight key markets revealed that banks remain the preferred choice for many due to the high level of trust […]
The Department of Justice (DOJ) has affirmed its plan to summon former FTX clients, investors, and staff as witnesses in the upcoming trial involving Sam Bankman-Fried, the former FTX executive. The DOJ submitted a letter motion in limine on Sept. 30, to enable them to get the interpretation of the witnesses on FTX’s treatment of […]
Circle, a stablecoin issuer, has stepped into the legal battle between the Securities and Exchange Commission (SEC) and Binance. Circle is arguing that stablecoins, whose value is tied to other assets, should not be subject to traditional financial trading laws. This case is seen as a pivotal moment in the crypto-legal world, as it highlights […]
The SEC has charged Anthony Viggiano with insider trading ahead of numerous merger-and-acquisition deals. Viggiano allegedly tipped two friends on upcoming M&A deals and strategic partnerships, resulting in more than $580,000 of illegal profit. The SEC also charged the recipients of the trading tips, Christopher Salamone, Stephen Forlano, and Nathan Bleckley. Viggiano faces nine securities […]
The United States Securities and Exchange Commission (SEC) has initiated legal proceedings against Prager Metis, an accounting firm that had previously provided services to the now-defunct cryptocurrency exchange FTX. According to the SEC, Prager Metis had violated the industry’s independence standards by continuing to offer accounting services over a period of nearly three years. The […]
