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11 months agoSEC Sets Deadline for Crypto Firms' ETF Applications
The Securities and Exchange Commission (SEC) is taking action on the numerous applications for Bitcoin exchange-traded funds (ETFs) that have been submitted. Crypto firms have been given a deadline to make any…
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11 months agoDencun EIPs Revolutionize Ethereum with Groundbreaking Improvements
A new mechanism for handling temporary or transient storage during smart contract execution is being proposed as part of Dencun. This proposal, known as EIP-1153, aims to introduce an opcode that would allow smart…
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11 months agoXRP Lawyer Highlights Key Difference Between Terra Ruling and Ongoing Ripple Case
The XRP community is closely watching the ongoing legal case between Ripple and the SEC, especially after a recent ruling that declared Terra Luna as a security. XRP lawyer John Deaton has provided some insights…
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11 months agoFTX Files $157.3 Million Lawsuit Against Former Salameda Employees for Fraudulent Withdrawals
In a high-stakes legal battle, bankrupt cryptocurrency exchange FTX has filed a lawsuit against four former employees of its Hong Kong-based affiliate, Salameda. The lawsuit alleges that these individuals exploited…
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11 months agoCrypto Industry Prepares for Potential Bull Run in 2024
In 2023, the cryptocurrency industry experienced a mix of challenges and opportunities. Regulatory crackdowns and financial collapses shook the market, while new trends emerged.Several major banks, including…
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11 months 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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11 months 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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11 months 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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11 months 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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11 months 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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11 months 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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11 months 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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bob wrote a new post
11 months 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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11 months 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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11 months 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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11 months 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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11 months 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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11 months 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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11 months 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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11 months 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…
