modernsociety
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9 months, 3 weeks ago1inch DAO Votes for Legal Advisory Services Amid Regulatory Scrutiny
In a historic move, 1inch DAO, the entity behind the 1inch Network, has voted to secure “legal advisory services” from STORM Partners. This decision comes amid growing regulatory scrutiny on the crypto and dec…
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9 months, 3 weeks agoHong Kong Prepares to Launch Spot Bitcoin and Crypto ETFs
Asset management companies are gearing up to introduce spot Bitcoin and crypto Exchange-Traded Funds (ETFs) in Hong Kong, according to Livio Weng, the Chief Operating Officer (COO) of HashKey Group. In an interview…
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9 months, 3 weeks agoValkyrie Funds CIO Foresees Potential Ethereum, XRP ETFs After Bitcoin
Steve McClurg, co-founder and chief investment officer of Valkyrie Funds, has hinted at the potential approval of Ethereum or XRP exchange-traded funds (ETFs) following the anticipated launch of spot Bitcoin ETFs.…
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9 months, 3 weeks agoBitcoin Rises as SEC Nears ETF Approval, Bitbot Prepares for Launch
Bitcoin is currently trading above $46k, with market experts predicting a further increase if the US SEC approves a spot Bitcoin ETF. This approval could potentially cause Bitcoin’s price to soar even higher. At t…
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9 months, 3 weeks agoSKUx Secures Two US Patents for Blockchain Payment Technology
Digital payments firm SKUx has secured two patents from the U.S. Patent and Trademark Office (USPTO) for item-level payments processing technology. The company aims to enhance its payment solutions with these…
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9 months, 3 weeks agoBitcoin's Untapped Potential in Decentralized Finance Explored
Ethereum has long been the preferred layer-1 for decentralized finance (DeFi), despite its issues with network congestion, security vulnerabilities, and the transition to proof-of-stake (PoS). Other layer-1…
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9 months, 3 weeks agoBlockchain: A Catalyst for Global Financial Inclusion and Transformation
The Stellar Development Foundation (SDF) recently released a report detailing the impact of blockchain technology on financial inclusion. The report reveals that approximately 1.4 billion adults worldwide lack a…
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9 months, 3 weeks agoRipple Plans $285 Million Share Buyback Amid Regulatory Uncertainty
Ripple, the firm behind the renowned cryptocurrency XRP, has announced plans to repurchase shares from its early investors. The company intends to carry out a $285 million share buyback, as reported by Reuters on…
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9 months, 3 weeks agoSen. Warren Accuses Blockchain Association of Undermining Anti-Terror Efforts
Senator Elizabeth Warren has accused the Blockchain Association and other industry groups of undermining Congressional efforts to address the alleged role of cryptocurrency in terrorist financing. The senator…
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9 months, 3 weeks agoSEC Decision on Bitcoin ETFs Sparks Market Volatility and Fee Wars
The U.S. Securities and Exchange Commission (SEC) is nearing a decision on the approval of spot bitcoin exchange-traded funds (ETFs), putting asset managers, including BlackRock, Ark Investments, and 21Shares, on…
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9 months, 3 weeks agoTurkey Advances Crypto Regulation to Align with FATF Standards
Turkey is making significant strides in its crypto regulation, with the legal framework now reaching the technical stage, according to the country’s Minister of Treasury and Finance, Mehmet Simsek. This d…
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9 months, 3 weeks agoRipple Labs Plans $500 Million Buyback Amid Regulatory Uncertainty
Ripple Labs is reportedly planning a tender offer to buy back a $285 million stake from early investors and employees. The company intends to spend a total of $500 million on the transaction, which includes the…
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9 months, 3 weeks agoProShares Bitcoin ETF Surpasses $2 Billion Amid Spot ETF Speculation
The ProShares Bitcoin Strategy ETF (BITO) has surpassed the $2 billion mark, driven by the anticipation surrounding the potential approval of the spot ETF. Interestingly, the spot ETF could pose a significant…
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9 months, 3 weeks agoTom Lee Forecasts $500K Bitcoin in 5 Years as Institutions Invest
Fundstrat Global Advisors managing partner Tom Lee has made a bold prediction about the future of Bitcoin (BTC). He believes that the cryptocurrency could surge to $150,000 within the next 12 months and potentially…
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9 months, 3 weeks agoBNB Holders Urged to Shift Assets Ahead of Beacon Chain Fusion
In anticipation of the Beacon Chain Fusion, holders of key BEP2/BEP8 tokens, including Binance Coin (BNB) and Bitcoin (BTC), are encouraged to transfer their assets to the BSC network. This move is strongly advised…
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9 months, 3 weeks agoCrypto Market Reacts to Fake ETF Approval Tweet, Lido Surges 21%
A recent market surge, triggered by a false tweet, led to a sharp 21 percent increase in Lido. However, Bitcoin and other altcoins experienced a significant drop after the SEC chair dismissed rumors of ETF…
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9 months, 3 weeks agoCrypto Exchange Coinbase Offers SEC Cybersecurity Aid Amid Legal Dispute
In an unexpected development, Coinbase, a leading cryptocurrency exchange, has extended its support to the U.S. Securities and Exchange Commission (SEC) following a security breach on the regulator’s social media a…
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9 months, 3 weeks agoBankrupt FTX Seeks to Sell Bahamian Luxury Properties Amid Proceedings
FTX, a bankrupt cryptocurrency exchange, is seeking court approval to sell several luxury properties in the Bahamas as part of its bankruptcy proceedings. The properties were purchased using a significant amount of…
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9 months, 3 weeks agoSpot Bitcoin ETF Approval May Trigger Slump in Future Open Interest
The anticipation of a potential approval for a spot-based Bitcoin Exchange-Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC) has led to a significant increase in Bitcoin futures open interest…
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9 months, 3 weeks agoBitcoin User Commemorates ETF Speculation with Blockchain Text Insertion
In a nod to the potential approval of a Bitcoin exchange-traded fund (ETF), a Bitcoin user has inscribed a message into the blockchain. The message, confirmed on Jan. 9 at 7:24 pm UTC, reads, “SEC Chairman on the b…
