Browsing yearly archive
Based on current information, staff understands that, shortly after 4:00 pm ET on Tuesday, January 9, 2024, an unauthorized party gained access to the @SECGov X.com account by obtaining control over the phone number associated with the account. The unauthorized party made one post at 4:11 pm ET purporting to announce the Commission’s approval of […]
TLDR Coinbase’s Base Layer 2 network has gone open-source to promote transparency and community contributions. This move simplifies development tasks and fosters collaboration. Optimism (OP), an Ethereum Layer 2 network, is set for a significant token release on October 30, 2023, matching the value of a prior release. NuggetRush (NUGX) is a community-driven blockchain game offering […]
Ethereum Co-Founder Vitalik Buterin has applauded the efforts of Optimism for their RetroPGF Round 3 initiative. This round saw an impressive distribution of over $100 million to 501 contributors, marking a pivotal moment for the funding of public goods within the blockchain space. Optimism’s Innovative Approach to Funding Optimism has taken a novel approach to […]
The New York Department of Financial Services (NYDFS) says Genesis Global Trading will pay an $8 million fine and surrender its BitLicense. NYDFS said in a press release that investigations found the crypto platform had significant failings in its anti-money laundering and cybersecurity programs. Genesis Global Trading is a subsidiary of Digital Currency Group and […]
Cryptocurrency-adjacent stocks also endured significant pullback, with miners Marathon Digital (MARA) and Hut 8 (HUT) both recording more than 10% declines. Riot Platforms (RIOT), another BTC miner, sank 8%. Coinbase, the crypto exchange that plays a key role in multiple spot bitcoin ETFs, also saw its stock price drop 6%. Source link
On-chain debt securities marketplace Obligate launches on Base Obligate is a Swiss-regulated on-chain bonds platform, while Base is an Ethereum layer-2 scaling platform launched by Coinbase. Deployment on Base will help with institutional adoption of on-chain debt securities, Obligate’s head of partnerships said in an announcement. Obligate, a Swiss-regulated blockchain marketplace for capital markets, has […]
CoinShares exercises option to buy Valkyrie Funds following SEC’s spot ETFs approval. The acquisition will add $110 million in assets under management (AUM) to CoinShares’ $4.5 billion. It also allows the Europe-based asset manager to expand into the US. CoinShares, a digital assets investment firm based in Jersey, Channel Islands, has exercised its option to […]
Edward Snowden, the well-known whistleblower, has recently brought to light concerns regarding the impact of artificial intelligence (AI) on surveillance and public trust in institutions. In a world increasingly reliant on technology, Snowden’s cautionary words resonate with both experts and the public alike. Erosion of Public Trust and AI’s Disruptive Potential Snowden’s warning comes against […]
The recent regulatory green light for 11 Bitcoin spot exchange-traded funds (ETFs) has triggered fierce competition among asset management giants. Mike Novogratz, CEO of Galaxy Digital, anticipates a showdown between Invesco, Fidelity, and BlackRock, whose IBIT traded $7.5M shares in the first 10 minutes of the launch Amidst this crypto turbulence, Everlodge, a disruptor in fractional […]
DEXs, or decentralized exchanges, came under further governmental scrutiny in 2023. U.S. authorities have continued where they left off, initiating an investigation into Mango Markets, one of the top platforms. The most valuable DEX coins have suffered a sharp decline in price due to heightened regulatory scrutiny. Many investors are already searching for alternatives because […]