The highly-anticipated launch of a spot Bitcoin exchange-traded fund (ETF) in the United States could potentially take place right before Labor Day, according to Bloomberg Intelligence. The US Securities and Exchange Commission (SEC) is expected to respond to several applications from prominent asset managers, including BlackRock, Bitwise, WisdomTree, VanEck, and Invesco, in the coming days.
Crypto
The intention behind implementing verification features on social media platforms is to prevent scammers from impersonating legitimate organizations. However, in the case of X, this seemingly straightforward objective has led to the creation of a new and thriving black market. According to cybersecurity researcher ZachXBT, the introduction of blue checkmarks to indicate verified accounts has
Thailand has recently witnessed an unexpected turn of events, as Srettha Thavisin, a candidate from the Pheu Thai Party, has been voted in as the country’s 30th Prime Minister. In a surprising move, Thavisin secured 482 votes out of a possible 747, indicating a clear majority in his favor. This marks a remarkable shift in
The US Federal Bureau of Investigation (FBI) has made a troubling discovery regarding the Lazarus Group, a North Korean hacking collective. The group has been responsible for draining millions of dollars’ worth of cryptocurrencies through various attacks in recent years. According to the FBI, the Lazarus Group may soon cash out a significant amount of
Binance, the world’s largest cryptocurrency exchange, has recently made headlines with its announcement regarding the termination of its crypto debit cards for customers in the Latin America and Middle East regions. This decision, set to take effect from September 2023, has raised questions and concerns among users in these regions. The termination of Binance crypto
Unstoppable Domains, a prominent Web3 domain service provider, has recently unveiled its latest offering called ‘Unstoppable Messaging.’ This groundbreaking solution aims to facilitate secure and private communication within the Web3 ecosystem while allowing users to retain their privacy and control over their data. By leveraging end-to-end encryption and XMTP’s decentralized network, Unstoppable Messaging aims to
Sonik Coin ($SONIK) is a community-driven meme token that aims to make its mark as the fastest-growing project in its niche. As the meme coin market continues to gain traction, Sonik Coin injects hilarity and vibrant energy into this space. With a fair presale ongoing and attractive staking rewards, Sonik Coin has caught the attention
In the wake of the stablecoin implosion last year, there has been a growing consensus among international leaders about the need for global regulations and norms in the stablecoin sector. However, only a few countries have taken firm steps towards implementing these measures. Singapore’s central bank, the Monetary Authority of Singapore (MAS), has emerged as
Chainlink, a decentralized oracle network, has extended its integrations to a total of 12 projects by partnering with Base, a Coinbase-incubated layer-2 network. This collaboration opens up new opportunities for developers building on the layer-2 blockchain, granting them access to Chainlink Data Feeds and other web3 services. With its native integration into Base, Chainlink offers
The US Commodity Futures Trading Commission (CFTC) recently exposed a fraudulent project involving precious metals and digital assets. The CFTC filed a complaint against four individuals and their unincorporated entity, Fundsz, for operating this deceptive scheme. Fundsz and its founders, Rene Larralde, Brian Early, Alisha Ann Kingrey, and Juan Pablo Valcarce, lured over 14,000 customers
