Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Norway’s Central Bank Supports MiCA
Reading Time: < 1 minuteNorges Bank has voiced its support for the Markets in Crypto-Assets Regulation (MiCA) proposed by the European Union.
Mt. Gox Moves $2B in Bitcoin to New Address
Reading Time: < 1 minuteOn Sunday, crypto exchange Mt. Gox transferred over $2 billion worth of Bitcoin to two addresses, possibly the company may be preparing to repay its creditors.
FTX Bankruptcy Estate Files Lawsuit Against Anthony Scaramucci
Reading Time: < 1 minuteThe FTX bankruptcy estate is seeking to recover more than $100 million from SkyBridge Capital and its founder, Anthony Scaramucci.
Bitcoin ETFs Receive $1.3B Following Trump’s Victory
Reading Time: < 1 minuteFollowing the US presidential election won by Republican Donald Trump, Bitcoin ETFs listed in the US yesterday saw a historic $1.38 billion in net inflows.
Detroit Will Allow Residents to Pay Taxes and Fees with Crypto
Reading Time: < 1 minuteCity officials yesterday announced that Detroit will now accept cryptocurrency payments, making it the largest city in the United States to do so.
SEC Files Motion to Dismiss Kraken Defenses
Reading Time: < 1 minuteOn November 5, the SEC filed a motion to dismiss three of Kraken’s defenses in response to the commission’s allegations that the exchange has been operating without proper registration.
WazirX Shares Plans to Launch a Decentralized Exchange
Reading Time: < 1 minuteNischal Shetty, the founder of India’s leading cryptocurrency exchange WazirX, has announced plans to launch a decentralized exchange (DEX) and introduce new staking services.
Arkham Research Launches an Exchange for Perpetual Trading
Reading Time: < 1 minuteArkham Research, a top blockchain analytics company, has announced the launch of its own exchange for trading perpetual futures (“perps”).
Trump’s Victory Drives Crypto Stocks Up
Reading Time: < 1 minuteIn the premarket hours, stocks associated with the cryptocurrency market experienced notable gains.
VanEck Announces Launch of Pyth ETN in Europe
Reading Time: < 1 minuteVanEck has announced the launch of a new ETN in Europe that tracks the Pyth Network’s native token, PYTH.
Cyprus’ CySEC Extends FTX Suspension for 6 Months
Reading Time: < 1 minuteThe Cyprus Securities and Exchange Commission (CySEC) has prolonged the suspension of FTX.com’s CIF license until May 30, 2025.
OpenSea Will Launch a New Platform
Reading Time: < 1 minuteNFT marketplace OpenSea will be launching a new and improved platform in December as the NFT market continues to experience a slump.
Pakistan Moves to Legalize Cryptocurrencies
Reading Time: < 1 minuteThe government of Pakistan has recently put forth proposals to amend the State Bank of Pakistan (SBP) Act, which could potentially result in the legalization of digital currencies such as Bitcoin and Ethereum within the country.
Robinhood and Kraken Launch a New Global Stablecoin
Reading Time: < 1 minuteAccording to a press release by Paxos, leading fintech and digital asset companies have come together to launch the Global Dollar Network.
Spot Bitcoin ETFs Attract $541M in a Day
Reading Time: < 1 minuteUS-based Bitcoin exchange-traded funds (ETFs) yesterday saw a total of $541 million in net outflows, the highest since May 1st and the second-highest since the ETFs began trading in January.
Online Casino MetaWin Loses $4M in Hacker Attack
Reading Time: < 1 minuteMetaWin, an online casino platform, was the victim of an exploit on November 3rd that resulted in the loss of approximately $4 million.
Taiwan’s FSC Plans to Implement a Crypto Exchange Registration System
Reading Time: < 1 minuteTaiwan’s Financial Supervisory Commission (FSC) will establish a registration system for cryptocurrency exchanges before the end of November, according to a report by local news outlet Anue Juheng.
21Shares Files to Launch an XRP ETF
Reading Time: < 1 minute21Shares has submitted a request to the US Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) based on XRP.
Hackers Steal $1.4B in Crypto in 2024
Reading Time: < 1 minuteAccording to a recent report from immunefi, a web3 bug bounty and security services platform, the crypto industry has faced over $1.4 billion in losses this year due to 179 hacks and scams.
Canary Capital Files Application to Launch a Solana ETF
Reading Time: < 1 minuteCanary Capital has submitted an application to the SEC for a Solana (SOL) ETF. This is part of a recent trend of asset managers seeking to offer cryptocurrency-backed ETFs on traditional exchanges.
NYSE Plans to List Grayscale’s Crypto Index ETF
Reading Time: < 1 minuteNYSE Arca, a securities exchange, has requested permission from US regulators to list a Grayscale exchange-traded fund (ETF) that holds a diverse selection of spot cryptocurrencies.
Gemini Wins In-principle Approval in Singapore
Reading Time: < 1 minuteGemini has received initial approval from the Monetary Authority of Singapore to offer select services in the country.
Coinbase Teams Up with Visa to Allow Crypto Deposits, Withdrawals and Purchases
Reading Time: < 1 minuteVisa has announced a partnership with crypto exchange Coinbase that will allow users with eligible debit cards to instantly deposit and withdraw funds from their accounts.
dYdX Fires 35% of its Employees
Reading Time: < 1 minuteDecentralized crypto exchange dYdX Trading has recently let go of 35% of its staff as its CEO, Antonio Juliano, has hinted at the need for a new direction for the company.
Hong Kong Regulator Plans to Create Consultative Panel for Licensed Crypto Exchanges
Reading Time: < 1 minuteThe SFC of Hong Kong will be creating a consultative panel for licensed cryptocurrency exchanges in 2020, according to Eric Yip, the executive director of intermediaries at the SFC.