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bob wrote a new post
2 years ago
BlackRock Warns of Risks in Bitcoin ETF Application, Citing Lack of Transparency
Investment management firm BlackRock has filed an amended version of its application for a spot Bitcoin exchange-traded fund (ETF), following similar filings from other companies. The updated filing includes…
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2 years agoDTCC to Acquire Digital Asset Developer Securrency for Integration into Existing Services
The Depository Trust & Clearing Corporation (DTCC) has announced its acquisition of digital asset infrastructure developer Securrency. The deal will enable DTCC to gradually incorporate digital assets into its…
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2 years agoSEC Seeks Dismissal of Claims Against Ripple CEO and Co-founder
Lawyers representing the United States Securities and Exchange Commission (SEC) have announced their intention to dismiss all claims against Ripple CEO Brad Garlinghouse and co-founder Chris Larsen. In a recent…
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2 years agoCrypto Aid Israel Raises Over $185,000 in Two Weeks to Support Humanitarian Efforts
The Crypto Aid Israel collective has raised over $185,000 in less than two weeks and has already distributed aid to various humanitarian groups. The organization has conducted two rounds of aid distribution,…
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2 years agoUS Treasury Targets Crypto Mixers as Primary Money Laundering Concern
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed new regulations that could restrict crypto mixers, citing them as a “class of transactions of primary money laundering concern.” The a…
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2 years agoEstimates of Crypto Funding for Terrorist Organizations Likely Inflated
Recent estimates of crypto funding for terrorist organizations like Hamas and the Palestinian Islamic Jihad (PIJ) may have been exaggerated, according to blockchain analysis firm Chainalysis. In a blog post, the…
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2 years agoLightning Labs Launches Taproot Assets Protocol, Enabling Multi-Asset Minting on Bitcoin
Blockchain software developer Lightning Labs has launched its Taproot Assets protocol on the mainnet network. This protocol allows for the issuance of stablecoins and real-world assets on the Bitcoin and Lightning…
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2 years agoCoinbase Urges US to Prevent Crypto from Thriving in Offshore Jurisdictions to Combat Illicit Activities
In a recent blog post, Coinbase, the largest US-based crypto exchange, has expressed its concern about the flourishing of cryptocurrencies in offshore jurisdictions. The company argues that allowing digital assets…
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2 years agoNew York Attorney General Sues Crypto Firms for Alleged $1.1 Billion Fraud
New York State Attorney General Letitia James has filed a lawsuit against three major cryptocurrency firms, Gemini, Genesis, and Digital Currency Group (DCG), accusing them of defrauding more than 230,000…
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2 years agoFTX Founder Faces Allegations of Fraud and Theft in $2.1 Billion Trial
Former FTX CEO Sam “SBF” Bankman-Fried is currently on trial in New York, and new details have emerged regarding the commingling of funds between FTX and Alameda Research. Testimony from FTX’s former general couns…
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2 years agoSuperdao Shuts Down Operations and Refunds Investors Due to Unprofitable Returns
Superdao, a platform that supports the development of decentralized autonomous organizations (DAO), has announced that it will be shutting down its operations due to lack of profitability. The company raised over…
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2 years agoUS Treasury Plans to Sanction Cryptocurrency Mixers as Money-Laundering Hubs Following Hamas Attack
The United States Treasury Department is reportedly planning to expand its sanctions to designate cryptocurrency mixers as money-laundering hubs following Hamas’s attack on Israel. Deputy Treasury Secretary Wally A…
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2 years agoCanadian Asset Manager 3iQ Introduces Ethereum ETFs with Staking Feature
Canadian asset manager 3iQ has announced that its Ethereum-based exchange-traded funds (ETFs), The Ether Fund and the 3iQ Ether Fund, will begin staking their ETH holdings for rewards. The move is aimed at…
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2 years agomBridge Project Shifts to New Chinese Blockchain Protocol, Potential Ripple Integration
The mBridge project, a platform developed by central banks for cross-border payments, is transitioning to a new Chinese blockchain consensus protocol. This move is expected to attract millions of users and position…
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2 years agoCrypto Aid Israel Raises $185K for Humanitarian Relief Despite Phishing Attack
Crypto Aid Israel, an emergency relief fund created to support Israeli victims of Hamas terrorism, has received over $185,000 in donations despite suffering a phishing attack. The initiative has distributed 200,000…
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2 years agoFDIC Urged to Address Risks of Cryptocurrencies and Implement Recommendations
The Federal Deposit Insurance Corporation (FDIC) is under pressure to address the risks associated with cryptocurrencies. The Office of the Inspector General has issued a report urging the FDIC to assess and…
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2 years agoUS Crypto Advocacy Groups Criticize Senator Warren's Claims on Crypto-Terrorism Connections
United States-based crypto advocacy organizations are criticizing Senator Elizabeth Warren and other lawmakers for their claims about the connection between terrorist group Hamas and cryptocurrency financing.…
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2 years agoFormer FTX General Counsel Denies Approval of Customer Fund Loans in Bankman-Fried Fraud Trial
‘Absolutely not’: FTX’s former general counsel, Can Sun, testified in the fraud trial of Sam Bankman-Fried, stating that he never approved loans of customer funds. Sun served as FTX’s general counsel from August…
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2 years agoNew York Attorney General Files Lawsuit Against Gemini Trust and Genesis Global Capital Over Deceptive Practices
New York Attorney General Letitia James has filed a lawsuit against cryptocurrency industry players Gemini Trust, Genesis Global Capital, and Digital Currency Group (DCG). The legal action revolves around Gemini…
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2 years agoUnderstanding the Impact of Token Burns on Layered Networks: Shib CoOp's Recent Burn Raises Questions about Shiba Inu's Token Supply
In the world of blockchain, understanding token dynamics is crucial, especially when it comes to layered networks. Recently, the Shiba Inu community witnessed a significant token burn of 97 million SHIB on the…
