Category: Latest news

[ad_1] The State of Delaware has initiated action against a fraudulent XRP exchange-traded fund (ETF) filing it received, according to reports from Bloomberg on Nov. 14. On Nov. 13, BlackRock appeared to submit a registration to Delware’s Division of Corporations, indicating it is pursuing an XRP exchange-traded fund (ETF). However, later developments revealed that the…

[ad_1] On Nov. 14, U.S. Federal Judge Michael Kaplan gave a green light to cryptocurrency firms FTX and BlockFi to begin settlement discussions over a $1 billion dispute. The permission comes in the aftermath of BlockFi’s bankruptcy filing in November 2022, as it seeks to recover funds owed by FTX and its sister hedge fund,…

[ad_1] On Nov. 14, Zubin Koticha and Alexis Gauba, the co-founders of Opyn, an Ethereum-based options trading platform, announced their decision to step down from their project and leave the crypto industry altogether. Zubin Koticha, co-founder at Opyn, wrote: “Hey Crypto Twitter … This one’s a tough one. After the regulatory action against Opyn, [co-founder…

[ad_1] Entertainment giant Disney announced a new line of digital collectibles, which will be offered under the brand name Disney Pinnacle, on Nov. 14. The project’s X page indicates that users will be able to collect and trade digital pins featuring characters from Disney and Pixar franchises. Featured characters include Mickey Mouse, Sebastian from The…

[ad_1] The inaugural day of Newconomics 2023 in Lisbon saw a tapestry of innovative ideas, blending the latest in technology with a strong emphasis on mental health, inclusivity, and the burgeoning world of Web3. Leaders and pioneers across various sectors provided deep insights into how the digital landscape shapes society and business’s future. Here’s a…

[ad_1] Nasdaq filed a proposal with the SEC seeking approval to list BlackRock’s spot Ethereum exchange-traded fund (ETF) based on the regulator’s recent approval of ETH-based futures ETFs in October. The exchange proposed that the regulator allow it to create the iShares Ethereum Trust under its Nasdaq Rule 5711(d) — which governs the listing and trading…

[ad_1] Quick Take The federal funds rate, currently steady at a noteworthy 5.33% — a peak unseen since 2001 — indicates the ongoing battle against one of the harshest inflation rates in the past forty years. However, with the U.S. CPI YoY decreasing from over 8% to a mere 3.2%, the intense inflationary pressure seems…

[ad_1] The DeFi sector has experienced a significant increase in both activity and token prices, primarily driven by Bitcoin’s October rally. Central to understanding this landscape is the concept of Total Value Locked (TVL) and decentralized exchange (DEX) volumes, two critical metrics that offer insights into the health and trajectory of DeFi protocols. TVL, the…

[ad_1] According to its monthly outlook report, Coinbase predicts that the approval of a spot Bitcoin (BTC) exchange-traded fund (ETF) will pave the way for new “compliance-friendly” financial products. The firm furthered that these ETFs could extend access to crypto assets for diverse investor classes like registered investment advisers (RIAs), retirement funds, and institutions. “Spot…

[ad_1] GROK, a suspicious AI chatbot-inspired memecoin, has seen its value plummet by more than 50% after reports emerged that its developer was linked to a past crypto scam. The memecoin is named after Elon Musk’s Grok xAI chatbot service, which was launched earlier in the month. The logo for the token, according to CoinMarketCap,…