Category: Latest news

[ad_1] Former SEC chair Jay Clayton suggested that U.S. securities regulators will likely approve a Bitcoin ETF during an interview with CNBC on Sept. 1. Clayton nevertheless said he was not surprised that the U.S. Securities and Exchange Commission (SEC) had postponed decisions on various pending Bitcoin ETFs. He went on to explain that “the…

[ad_1] Newly discovered malware dubbed “Infamous Chisel” targets crypto wallets and other Android apps, according to a U.K. government report on Sept. 1. The U.K.’s National Cyber Security Centre (NCSC) said that the malware works by scanning various directories on infected mobile devices and exfiltrating data. The malware is known to extract data from at…

[ad_1] Arkham Intelligence identified Grayscale’s Ethereum Trust as the second-largest Ethereum (ETH) holder in a tweet on Sept. 1. The company said that the trust is the “second largest ETH entity globally” and that the fund contains $5 billion of ETH (seemingly rounding up from $4.9 billion). Akrham said those funds are divided across more…

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[ad_1] A new report reveals women are vastly underrepresented in leadership positions across the cryptocurrency and blockchain industries. The study analyzed 50 leading crypto and blockchain companies. It found only 6% of CEOs were women, while men held 94% of top executive positions. Looking at broader leadership roles beyond CEO, men occupied 77.6% and just…

[ad_1] Quick Take The recent rise in the U.S. unemployment rate from 3.5% to 3.8%, despite projections of it holding steady, has presented an intriguing scenario in the financial sector. This increase has occurred alongside a surge in non-farm payrolls, which exceeded expectations by reaching 187,000 instead of the anticipated 170,000. This suggests a complexity…

[ad_1] Alistair Milne, the chief investment officer of Altana digital currency fund, said Bitcoin (BTC) does not need the U.S. to approve a spot exchange-traded fund (ETF) for its value to reach $100,000. In an Aug. 31 post on X, Milne stated that a U.S. spot Bitcoin ETF was a distraction. According to him, while an…

[ad_1] Robinhood‘s proposed deal to repurchase shares seized from Sam Bankman-Fried by the U.S. Marshal Service (USMS) has been approved by a federal court in the Southern District of New York. As a result, Robinhood will be allowed to buy back shares seized from Bankman-Fried’s Emergent Fidelity Technologies for $605.7 million, according to a statement…

[ad_1] Bitwise Trust Fund has withdrawn its application for a Bitcoin and Ethereum Market Cap Weight Strategy exchange-traded fund (ETF) from the U.S. Securities and Exchange Commission (SEC). Per its withdrawal statement, Bitwise said its “Trust no longer intends to seek effectiveness of the Fund and no securities of the Fund were sold or will…

[ad_1] Quick Take The current trading position of Bitcoin paints a rather bearish picture as it lingers below multiple moving averages and cost basis. Hovering around the $26,000 mark, Bitcoin is trading below the short-term holder cost basis of $28,247. This cost basis is significant as it is the average on-chain acquisition price for coins…