Today’s headline is “Former Fintech CEO Sentenced“, The cryptocurrency industry has been confronted with numerous legal and regulatory issues, with preference being given to the recent sentencing of two individuals who played crucial roles in a securities fraud scheme. Michael Kane, former CEO of Hydrogen Technology Corp., and Shane Hampton, the company’s Head of Financial […]
Former Fintech CEO Sentenced: Full Story Read More »
Bitcoin Price Falls below $60, 000 recently, which is low since early May, 2023. This reduction has attracted a lot of debate and concern from investors and market analysts. The following section explores the main causes for this decline and its implications on the prospects of Bitcoin. It is important to note that the price
Bitcoin Price Falls Below $60K: What You Need to Know Read More »
One of the largest global asset management companies – Fidelity Investments has made a major breakthrough in the cryptocurrency investment industry. As for the company’s future development, it aims to launch an Ethereum ETF (Exchange-Traded Fund) and fill it with $4.7 million. This decision, which was described in the latest documentation, is a significant investment
Fidelity to Seed Ethereum ETF with $4.7M Read More »
Specifically Kraken $3M Hack, the incident at Kraken, a large cryptocurrency exchange, occurred on June 9, 2024. An unknown security analyst detected a severe flaw in the organization’s structure of Kraken. Instead of responsibly disclosing the bug and rightfully cashing in the reward through Kraken’s bug bounty program, the researcher took advantage of it and
Inside the Kraken $3M Hack: What Happened? Read More »
The long-run Bitcoin Market Outlook remains a focus of intensity when it comes to traders, analysts, and investors. Although, we have seen unpredictable contractions of the current and emerging market conditions and macroeconomic factors in the recent past, there are some basic reasons that one cannot stop being positive about the future of Bitcoin. Current
Long-Term Bitcoin Market Outlook: What to Expect Read More »
ASX clears way to introduce the first spot Bitcoin ETF as VanEck’s Bitcoin ETF set to debut on June 20th. The U.S. citizen’s announcement to invest in bitcoin also offers investors who want to buy bitcoins in Aussies a regulated framework. As for the reasons why this Approval is significant for me, the following should
ASX Approves First Bitcoin ETF: What You Need to Know Read More »
During a Senate Banking Committee hearing that was conducted recently, the SEC Chair Gary Gensler said that the possibility of approval for the listing and trading of spot Ether (ETH) ETF could be achievable by summer 2024. I got this scoop with a note that while eight companies got approval for 19b-4 filings in May,
SEC Chair’s Insight on Ether ETF S-1 Approvals Read More »
More recently, Edward Snowden, the whistleblower, raised concerns about OpenAI and the main product that has just appeared, ChatGPT. His warning came after the firm helmed by Sam Altman, OpenAI, admitted former head of NSA and retired U. S. Army General Paul Nakasone to its board. Nakasone served as the NSA from 2018 to 2023
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According to FOX Business, Eleanor Terrett focused on the prospect of tokenization in the modern Finance based on the statements of SEC Commissioner Mark Uyeda. Addressing the Global Securities Regulators Conference, Commissioner Uyeda expounded that tokenizing the conventional assets using blockchain technology is an evolutionary process. This way he emphasized how this approach enhances security,
Tokenization: SEC Commissioner Highlights Its Importance Read More »
In the world which is constantly developing and creating Binance has its bear sights on improving it’s Crypto Listings criteria of such cryptocurrencies by targeting so called ‘zombie coins’ cryptocurrencies with either little to no activity or development whatsoever. However, as for this strategic plan, He Yi, the co-founder of Binance, mentioned this in a
Binance’s New Standards: Stricter Rules for Crypto Listings Read More »
