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10 months, 1 week agoAI Chatbot Explains How Bitcoin Could Reach $100,000 in 2024
Artificial intelligence (AI) could potentially play a role in Bitcoin’s price reaching $100,000 in 2024, according to GPT-4, the latest version of AI chatbot ChatGPT. While this remains highly speculative, the AI c…
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10 months, 1 week agoRegulator Criticized for Ineffectiveness in Crypto Regulation
Dogecoin co-founder Billy Markus has criticized SEC Chairman Gary Gensler for his perceived ineffectiveness in regulating the cryptocurrency industry. Markus accuses Gensler of being “useless in every aspect” and…
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10 months, 1 week agoHackers Steal $82 Million from Orbit Chain's Bridging Service
Hackers have reportedly exploited Orbit Bridge, the bridging service of the cross-chain protocol Orbit Chain, for a total of $82 million, just three hours before the new year. The exploit was brought to attention…
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10 months, 1 week agoSilence Surrounding SBF Trial Raises Questions for Elizabeth Warren and Key Figures
There are questions surrounding the trial of Sam Bankman-Fried (SBF) and the silence from certain key figures, particularly Senator Elizabeth Warren. John E. Deaton, attorney for XRP holders, has raised…
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10 months, 1 week agoIndian Crypto Investors Seek Alternative Exchanges Amid Government's Ban Notice
BYDFi, formerly known as BitYard, is a leading global social trading platform that aims to revolutionize the cryptocurrency trading experience. With a strong user base of over 500,000 individuals spanning across…
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10 months, 1 week agoRippleX Launches #builtonXRPL Meme Contest, Achieves Record High Daily Transactions in 2023
2023 has been a significant year for Ripple and its XRP Ledger, marked by community engagement initiatives and technological advancements. RippleX, the developer platform for the XRP Ledger, launched the…
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10 months, 1 week agoGoldman Sachs Executive Foresees Institutional Adoption of Spot Crypto ETFs
The approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) is expected to have a significant impact on the institutional adoption of digital assets. Mathew McDermott, the global head of digital assets…
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10 months, 1 week agoGoldman Sachs Executive Foresees Institutional Adoption of Spot Crypto ETFs
The approval of spot Bitcoin and Ethereum exchange-traded funds (ETFs) is expected to have a significant impact on the institutional adoption of digital assets. Mathew McDermott, the global head of digital assets…
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10 months, 1 week agoMajor Asset Managers Update Filings for Bitcoin ETFs, Indicating Potential Regulatory Approval Soon
Major asset management firms, including BlackRock and VanEck, have revised their filings with the U.S. Securities and Exchange Commission (SEC) for spot bitcoin exchange-traded funds (ETFs). This move indicates a…
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10 months, 1 week agoUBS Acquires Credit Suisse: A Year of Turbulence in Swiss Banking
The entire team at finews.ch, finews.com, finewsticino.ch, and finews.asia would like to express their gratitude to all readers for their immense interest and trust in this memorable year, and wish you an exciting…
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10 months, 1 week agoRising Threat of Phishing Scams in Crypto: Chainlink Investor Loses $4.66 Million in Sophisticated Attack
A Chainlink investor recently fell victim to a sophisticated phishing attack, resulting in a loss of approximately $4.66 million. The investor had accumulated 290,750 LINK tokens valued at $2.26 million through…
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10 months, 1 week agoChainlink Holder Loses $4.66 Million in Devastating Phishing Attack
A Chainlink (LINK) holder has fallen victim to a devastating phishing attack, resulting in the loss of $4.66 million worth of the cryptocurrency. The incident was brought to light by Lookonchain, a data analytics…
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10 months, 1 week agoCredit Suisse Fined $2.9 Million for False Statements and Overcharging Customers
A banking giant with $1.80 trillion in assets under management, Credit Suisse, has been fined $3.9 million SGD ($2.90 million) by the Monetary Authority of Singapore (MAS) for making false statements to clients and…
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10 months, 1 week agoCompetition Heats Up as Zurich Cantonal Bank Removes Bank Fees
The Zürcher Kantonalbank has announced that it will be eliminating bank fees for private customers, a move that could potentially lead to a wave of fee reductions across the banking industry. This decision comes…
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10 months, 1 week agoBitwise Unveils $200 Million Seed Fund for Spot Bitcoin ETF, Surpassing BlackRock's Investment
Bitwise has revealed a $200 million seed fund for its spot Bitcoin ETF, according to an updated S-1 filing. This seed fund is significantly larger than the $10 million seed investment recently announced by…
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10 months, 1 week agoU.Today and Investing.com Expand Partnership to Provide Leading Blockchain and Cryptocurrency Content
Two heavyweight digital portals in the finance industry, U.Today and Investing.com, have announced an expansion of their collaboration. The partnership aims to provide traders and investors with top-notch content…
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10 months, 1 week agoVanEck Updates Bitcoin ETF Filing, Emphasizes Cash Transactions and Hints at Coinbase Custody Partnership
VanEck has made amendments to its spot Bitcoin ETF application with the U.S. Securities and Exchange Commission (SEC). The updated filing removes the allowance for in-kind transactions involving Bitcoin, stating…
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10 months, 1 week agoNigeria's Yellow Card Sees Crypto Transaction Ban Lift as Opportunity for Legitimacy and Integration
A Nigerian crypto exchange, Yellow Card, sees the recent guidelines from the Central Bank of Nigeria (CBN) as an opportunity for increased legitimacy and integration with the traditional financial system. The…
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10 months, 1 week agoFTX Founder Convicted on Fraud Charges, Cryptocurrency Industry Reels from Fallout
The rise and fall of FTX, a cryptocurrency empire led by Sam Bankman-Fried, has captivated the world. Bankman-Fried has been convicted of defrauding customers, and while this marks a significant milestone, the…
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10 months, 1 week agoRace for Bitcoin ETF Heats Up as Final Applications Submitted
A number of companies have submitted their final applications for a spot Bitcoin exchange-traded fund (ETF) to the United States Securities and Exchange Commission (SEC) on December 29. Invesco Galaxy, Bitwise,…