Following the SEC’s historic approval of 11 Spot Bitcoin ETFs on January 10, investors took notice of the Robinhood platform and CEO Vladimir Tenev the following day. Meanwhile, in light of the SEC’s recent landmark ruling, Robinhood’s co-founder and CEO Vladimir Tenev revealed the platform’s prospective intentions in a recent
January 11, 2024 2 mins read
A historic decision has been made by the United States SEC, which has approved the first spot Bitcoin exchange-traded funds (ETFs) in the nation. The decision is the culmination of months of waiting and a contentious legal struggle. This roundups an eventful 24 hours in which hackers momentarily took over
January 11, 2024 2 mins read
A report titled Decentralized Finance was produced by the Commodity Futures Trading Commission’s (CFTC) Technology Advisory Committee’s Digital Assets and Blockchain Technology Subcommittee. Earlier, the Department of Treasury issued a report in April regarding the risks of illicit financing in DeFi. The report urged federal regulators to engage with the
January 9, 2024 2 mins read
Ta-da, an AI data marketplace, has declared the conclusion of a $3.5 million funding round. The initiative, which was nurtured by Dubai-based Morningstar Ventures since 2021, was funded by many prominent blockchain venture capitalists. The proceeds generated will go toward growing Ta-da’s endeavors and improving its infrastructure. Following a seed
January 9, 2024 2 mins read
With Bitcoin’s price rising back above $45,000, crypto investors had every reason to be excited at the start of the new week. Early reports indicated that on January 5, BlackRock bought $10 million worth of Bitcoin. The investment firm had anticipated a volume of over $2 billion for its Spot
January 8, 2024 2 mins read
Japan is a crypto-friendly nation, and businesses there are now trying to figure out how to increase Bitcoin utilization. According to Mercari, one of the biggest e-commerce platforms in Japan, users will be able to buy using Bitcoin beginning in June this year. The business’s cryptocurrency subsidiary, Melcoin, located in
January 8, 2024 2 mins read
The asset manager VanEck plans to compensate the Bitcoin core developers once its spot Bitcoin exchange-traded fund application is approved by the U.S. SEC. Ahead of any potential approval of their spot Bitcoin ETF application, VanEck announced on January 5th via Twitter that it would be contributing 5% of its
January 6, 2024 2 mins read
Coinbase is planning to expand its derivatives operations throughout the European Union by acquiring a MiFID-licensed corporation in Cyprus, as stated by the company. The goal of this undertaking is to substantially increase Coinbase’s market presence in 2024, subject to regulatory permission. In line with Coinbase’s long-term goal of diversifying
January 6, 2024 1 min read
In a recent post on twitter, Solana co-founder Anatoly Yakovenko stated that the blockchain takes a strong position on Layer 1 scalability. Anatoly Yakovenko elucidates Solana’s resolve to synchronize a worldwide atomic state machine with the speed allowed by laws of physics in a globe abundant with Layer 2 solutions.
January 5, 2024 2 mins read
The mining operation run by Marathon Digital Holdings set a new monthly record for Bitcoin output in December 2023. In December, the corporation mined 1,853 Bitcoin, which is a 290% rise over December 2022 and a 56% increase from November. Furthermore, the firm considers this to be the greatest monthly
January 5, 2024 1 min read