Author: e_cash_top

[ad_1] Julia Leung, the Chief Executive Officer of Hong Kong’s Securities and Futures Commission (SFC), said the regulator was considering opening up spot crypto exchange-traded funds (ETFs) to retail investors, Bloomberg reported. A spot crypto ETF is an investment vehicle that tracks the price of the underlying asset. The ETFs allow investors to have exposure…

[ad_1] Bankrupt cryptocurrency exchange FTX has expressed readiness to sell $744 million worth of its Trust assets held at Grayscale and Bitwise, according to a Nov. 3 court filing. The Trust assets consist of various exchange-traded products managed by Grayscale, including its Bitcoin and Ethereum Trusts and Bitwise’s 10 Crypto index fund. The filing shows…

[ad_1] Have you ever wondered how some of the world’s largest corporations and governments have consistently captured our attention and loyalty? Well, here’s a hint: it’s not just about their products or policies; it’s about an open secret that has been in play for decades. This article will unravel a hidden gem in web3 marketing:…

[ad_1] Well-known cryptocurrency attorney John Deaton believes that the SEC only has a 10% chance of winning its dispute with Ripple, with 90% odds in the company’s favor. Deaton said that a settlement of $20 million or less would represent a significant legal triumph for Ripple, a sentiment echoed by many in the cryptocurrency community.…

[ad_1] Billionaire Elon Musk’s AI startup xAI launched an early beta version of Grok, a chatbot, on Nov. 5. Grok is witty and has a “rebellious streak” with xAI warning people against using the chatbot “if you hate humor!” xAI built Grok to be a research assistant and modeled it after The Hitchhiker’s Guide to the Galaxy,…

[ad_1] Bitcoin (BTC) broke the $35,000 resistance level early morning on Nov. 5 and has maintained its value above that level in the ensuing hours, pointing to positive market sentiment despite the weekend lull. The flagship crypto is currently trading at $35,155, with bears failing to force a retracement for now, according to CryptoSlate data.…

[ad_1] Cross-chain non-fungible token (NFT) platform Magic Eden has partnered with Bored Ape Yacht Club (BAYC) creator Yuga Labs to launch a new Ethereum marketplace, according to a press release on Nov. 4. The new marketplace—to be launched by the end of 2023—will focus on royalties to uphold the principle of ownership and empower creators…

[ad_1] Former FTX CEO Sam Bankman-Fried may not receive a maximum sentence, CNBC said on Nov. 4, citing statements from former government prosecutors. Renato Mariotti, once a prosecutor within the U.S. Department of Justice, predicted that Bankman-Fried will spend 20 to 25 years in prison. Bankman-Fried’s maximum possible sentence, by contrast, has generally been placed…

[ad_1] Picture this: Hollywood, bathed in its iconic golden glow, sitting on the precipice of transformation. The mecca of films, respected globally for its unparalleled cinematic genius, is now poised for a dramatic transition. While tales of glitz and glamor echo through its boulevards, a powerful change agent, Web3, stands ready to catalyze a new…

[ad_1] OpenSea, one of the leading NFT marketplaces in the burgeoning world of blockchain-based digital collectibles, has confirmed significant organizational and operational changes that include the layoff of approximately 50% of its staff. The move is part of a strategic shift towards a more agile and innovative approach to its marketplace, according to OpenSea co-founder…