Category: Latest news

[ad_1] The New York Department of Financial Services (NYDFS) issued updated regulations regarding the listing and delisting of virtual currency on Nov. 15. The  department said that the new guidance builds on rules that it issued on Sept. 18. It said that it received input from various entities in a later comment period and is…

[ad_1] Securities regulators in Texas and Alabama have accused a group of companies tied to a metaverse real estate project of fraudulently raising millions from investors. The Texas State Securities Board last week issued an emergency cease and desist order against GS Partners, Swiss Valorem Bank, and several related entities controlled by Josip Heit. The…

[ad_1] Do Kwon, the founder and former CEO of Terraform Labs, lost an appeal after being convicted of passport fraud, a Montenegro court ordered on Nov. 16. In June, Kwon and fellow Terra associate Han Chang-joon were convicted of falsifying passport documents by the Basic Court in Podgorica, Montenegro’s capital city. Both defendants were sentenced…

[ad_1] Quick Take The potency of dollar-cost averaging (DCA) in Bitcoin investment is underscored by data from the past two years. In November 2021, when Bitcoin (BTC) reached a notable high of approximately $67,589, investors could have initiated a daily investment strategy. By investing a modest $5 per day from November 2021 to November 2023,…

[ad_1] Strive Asset Management co-founder and 2024 Republican U.S. presidential candidate Vivek Ramaswamy said he will dismantle most federal cryptocurrency regulations and significantly reduce the workforce of federal regulators like the SEC and the CFTC if elected president. Ramaswamy unveiled a comprehensive cryptocurrency policy framework as part of his presidential campaign aimed at reshaping the…

[ad_1] CoinShares, one of Europe’s largest asset managers, “has secured an exclusive option” to acquire Valkyrie’s crypto-focused exchange-traded funds (ETF) by March 31, 2024, according to a Nov. 16 statement. The statement reads: “The option grants CoinShares the exclusive right to purchase 100% of Valkyrie Funds from Valkyrie Investments, as well as all of Valkyrie…

[ad_1] In a significant diversification of its core business of managing the USDT stablecoin, Tether Holdings Ltd. is pivoting a portion of its operations toward Bitcoin (BTC) mining. As reported by Bloomberg, Tether plans to invest approximately half a billion dollars over the next six months, a move that could significantly alter the dynamics of…

[ad_1] Fhenix has released its whitepaper following its recent announcement of securing $7 million in seed funding for developing the first confidential blockchain platform using fully homomorphic encryption (FHE). The whitepaper “FHE-Rollups: Scaling Confidential Smart Contracts on Ethereum and Beyond” outlines the novel scalable solution for executing confidential smart contracts. The Innovation of FHE Rollups…

[ad_1] Monitoring the movement of Bitcoin‘s supply, particularly when categorized by the time since last active, is pivotal for understanding investor behavior and forecasting market trends. This analysis sheds light on the current state of Bitcoin holdings and provides critical insights into its future movements. There has been a remarkable shift in Bitcoin’s supply dynamics…

[ad_1] BlackRock, the world’s largest asset manager, has filed its S-1 registration statement and prospectus with the Securities and Exchange Commission (SEC) for the anticipated Ethereum exchange-traded fund (ETF). Quick Take BlackRock’s Ethereum ETF will be called the iShares Ethereum Trust and will directly hold Ethereum. Coinbase Custody Trust Company is named as the custodian…