The U.S. Securities and Exchange Commission (SEC) has postponed its decision on approving the Hashdex Nasdaq Crypto Index (BCI) exchange-traded fund (ETF) and the Grayscale Ethereum Trust. The SEC announced on Thursday that it was seeking more time to consider the proposed ETFs. The SEC stated that it was extending its decision deadline on the […]Read More
In response to Western imposed financial and economic sanctions, the Russian government has advised its citizens to use international crypto exchanges and digital tokens. This enables Russian citizens to access international financial services. These exchanges and tokens often allow users to exchange their rubles for foreign currencies and other digital assets which can be used […]Read More
The crypto space is abuzz with news of six-figure prices being paid for both Bitcoin Rock Ordinals (BRO) and EtherRock NFTs as the non-fungible token (NFT) market continues to heat up. The returns to these eye-popping figures – up to 500% for some in a single day- have only stoked further interest in the burgeoning […]Read More
In a rare move, a Colorado District Court has halted the release of SafeMoon’s CEO John McAfee on bail, after prosecutors argued that he is a “danger to the community”. McAfee was arrested in June 2020 for cyber crimes. In their argument for keeping McAfee in custody, prosecutors claimed that due to the seriousness of […]Read More
Lee Jong-hoon, the head of South Korea’s largest cryptocurrency exchange UPbit, has been declared not guilty of charges related to data manipulation. The Seoul Central District Court found that there was insufficient evidence to convict Lee. The court said that while UPbit had used customer assets to trade in artificial markets, there was not enough […]Read More
As CEO of a digital health and life insurance company, Zac Townsend has a unique perspective on how Bitcoin and other digital assets can benefit the life insurance space. Townsend is a strong believer in the power of distributed ledger technology, including blockchain, to revolutionize the industry and provide more transparency and security. Townsend points […]Read More
21Shares, the Swiss issuer of exchange-traded products, has announced a new partnership with ARK Invest, the New York-based investment management firm, to launch a suite of digital asset exchange-traded funds (ETFs). The first two ETFs in the suite, 21Shares ARK Autonomous Technology & Robotics ETF (ARKQ) and 21Shares ARK Genomic Revolution Multi-Sector ETF (ARKG), will […]Read More
2021 The prospect of approval for a spot Bitcoin ETF has become increasingly promising following reports that the SEC has officially opened a brief window for applications. Since the news broke, many industry analysts have speculated that the approval of the ETF by the SEC is a near certainty, predicting a 90% chance of approval […]Read More
The highly-publicized trial of Sam Bankman-Fried came to a close in December of 2020 with Bankman-Fried being found guilty of wire fraud in connection with a pump-and-dump scheme. The case, which involved allegations that Bankman-Fried and a team of eight others coordinated the buying and selling of microcap stocks to inflate their value, had gained […]Read More
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