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bob wrote a new post
10 months, 4 weeks agoSEC's Approval of Ethereum Futures ETFs Signals Growing Acceptance
The Securities and Exchange Commission (SEC) appears to be showing a growing acceptance of Ethereum spot ETFs, according to Bloomberg ETF analyst James Seyffart. This comes after the SEC approved multiple Bitcoin…
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bob wrote a new post
10 months, 4 weeks agoDave to Purchase $100 Million Convertible Promissory Note from Bankrupt FTX Ventures at Discounted Price
Fintech firm Dave has reached an agreement to purchase a $100-million convertible promissory note from FTX Ventures, the venture capital arm of bankrupt crypto exchange FTX. The note will be bought at a discounted…
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bob wrote a new post
10 months, 4 weeks agoSpanish Central Bank Announces Partners for Wholesale CBDC Pilot Program
The Spanish Central Bank has announced the finalization of its partners for a six-month pilot program aimed at simulating interbank payment processing and settlement. The program will utilize a single tokenized…
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bob wrote a new post
10 months, 4 weeks agoTaiwan's Largest Cryptocurrency Fraud Scheme Uncovered and Dismantled
Taiwan’s law enforcement has recently uncovered and dismantled the largest cryptocurrency fraud scheme in the country’s history. The authorities conducted raids across multiple cities, seizing over NT$1 billion ($3…
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bob wrote a new post
10 months, 4 weeks agoNorth Korea's Lazarus Group Emerges as Major Cybersecurity Threat, Stealing $600 Million in Cryptocurrency
In 2023, North Korea’s Lazarus Group, a highly sophisticated hacking group, emerged as a major player in cybercrime, particularly in cryptocurrency theft. Accused of orchestrating hacks amounting to $600 million, t…
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10 months, 4 weeks agoFormer Citigroup Executives Launch Bitcoin Depositary Receipts, Offering Alternative Investment Option to SEC-Regulated ETFs
A group of former Citigroup executives have launched a new investment offering called Bitcoin depositary receipts, which they claim do not require approval from the US Securities and Exchange Commission (SEC). The…
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10 months, 4 weeks agoSEC Nears Approval of Spot Bitcoin ETFs, Market Anticipates Decision Next Week
The U.S. Securities and Exchange Commission (SEC) is nearing the potential approval of several spot Bitcoin ETFs, as major financial institutions have been actively involved in the process. The market is eagerly…
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bob wrote a new post
10 months, 4 weeks agoTaiwan's Largest Cryptocurrency Fraud Scheme Uncovered and Dismantled
Taiwan’s law enforcement has recently uncovered and dismantled the largest cryptocurrency fraud scheme in the country’s history. The authorities conducted raids across multiple cities, seizing over NT$1 bil…
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bob wrote a new post
10 months, 4 weeks agoRipple vs. Zakinov: January 11 Hearing Marks Crucial Moment in Legal Battle
The ongoing legal battle between Ripple Labs Inc. and a group of XRP investors led by Vladi Zakinov is set to reach a pivotal moment on January 11, 2024, as both parties prepare for a significant court hearing.…
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bob wrote a new post
11 months agoCelsius Network to Unstake Ethereum Holdings in Bankruptcy Restructuring
Bankrupt crypto lender Celsius Network has announced that it will be unstaking its Ethereum holdings in order to generate liquidity and distribute assets to its creditors. This decision is part of Celsius’ o…
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bob wrote a new post
11 months agoSEC Cites Terra Case in Legal Battle Against Binance and Coinbase
The Securities and Exchange Commission (SEC) is intensifying its pursuit of crypto exchanges Binance and Coinbase in ongoing legal battles. To strengthen its arguments, the SEC has referenced a recent landmark case…
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11 months agoBlockchain Security Firm CertiK Suffers Major Breach, Impersonates Revoke.cash to Distribute Phishing Links
CertiK Ltd., a blockchain security auditing firm, experienced a security breach when hackers gained access to its official X (formerly Twitter) account and used it to distribute phishing links to its large…
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bob wrote a new post
11 months agoSEC Requests Summary Judgment in Lawsuit Against Binance
The US Securities and Exchange Commission (SEC) has filed a federal court document requesting a summary judgment ruling in its lawsuit against cryptocurrency exchange Binance. The SEC argues that specific issues…
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11 months agoNigeria's cNGN Stablecoin Set to Revolutionize Remittances and Global Trade
The Central Bank of Nigeria has approved the launch of the cNGN stablecoin, which is set to pilot in February. This stablecoin is being introduced as an alternative to a Central Bank Digital Currency (CBDC) and…
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11 months agoBank of Spain Chooses Collaborators for Wholesale CBDC Pilot
The Bank of Spain has announced its partnership with Cecabank, Abanca, and Adhara Blockchain for the pilot of the wholesale central bank digital currency (CBDC) program. Over the next six months, the pilot will…
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11 months agoCelsius to Unstake $470M Ethereum Amid Restructuring, Raising Concerns for ETH Price
Bankrupt crypto lender Celsius is set to unstake 206,300 Ethereum, worth around $470 million, as part of its efforts to distribute assets to creditors. The move comes as Celsius undergoes a restructuring process,…
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bob wrote a new post
11 months agoCelsius to Unstake $470M Ethereum Amid Restructuring, Raising Concerns for ETH Price
Bankrupt crypto lender Celsius is set to unstake 206,300 Ethereum, worth around $470 million, as part of its efforts to distribute assets to creditors. The move comes as Celsius undergoes a restructuring process,…
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bob wrote a new post
11 months agoExplosive Divorce Verdict Shakes Up Businessman
A businessman from Hamburg, Thomas S., is left shocked and speechless by a divorce ruling in Switzerland. The ruling, made by the Arbon District Court in 2022, came as a surprise to Thomas, who was unaware of it…
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bob wrote a new post
11 months agoUniswap Dominates Ethereum Blockspace with Impressive Transaction Volume and Gas Usage
Uniswap, a popular decentralized finance (defi) protocol on the Ethereum platform, has emerged as a leader in the Ethereum blockspace. With an impressive 43 million transactions and 7.4 trillion gas, Uniswap…
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bob wrote a new post
11 months agoCelsius Network to Unstake Ethereum Holdings for Creditor Distributions
The cryptocurrency lending platform Celsius Network has announced its plan to unstake its Ethereum holdings as part of its asset preparation process. The move is aimed at unlocking ETH to ensure timely…
