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Search Results for: ETFs

OKX Exchange CEO Bans Tornado Cash Interaction for Users

The cryptocurrency sector has witnessed an increasing number of scams in the past few months. The recent WazirX hack caught market attention over the loss of its $230 million funds. Amid such various reports, the China-based OKX exchange announced a new measure to prevent hacker activity.  Notably, OKX exchange’s CEO

August 9, 2024 2 mins read

HashKey Capital To Host Decode: Legacy, the World’s First Crypto-Themed Immersive Theatre Experience, Ahead of Token2049 Singapore

Get ready for an unprecedented adventure into the Web3 world with Decode: Legacy, the world’s first immersive theatre experience, conceptualized by HashKey Capital. Hosted at the historic Raffles Hotel on 17th September 2024, 7.30PM, Decode: Legacy promises an interactive mystery thriller that spans 16 years of crypto history, from Bitcoin’s

August 9, 2024 2 mins read

Putin Approves Crypto Mining Law, Reducing Russia’s USD Dependency

A piece of legislation to legitimize Bitcoin (BTC) and crypto mining was adopted by Russian President Vladimir Putin on August 8th. As part of its foreign policy, the nation is working to lessen its need for the US currency. Approved mining enterprises will be able to register via a state

August 8, 2024 2 mins read

U.S Court Approves $12.7 Billion Repayment Plan for FTX Creditors

Final clearance for the $12.7 billion repayment to FTX creditors as part of the settlement with the US Commodity Futures Trading Commission (CFTC) was given by a New York court for the now-defunct crypto exchange FTX and its sister trading business Alameda Research. Judgment on the $12.7 billion settlement agreement

August 8, 2024 1 min read

Ethereum Price Struggles to Break $2.5K Resistance Amid ETF Outflows

Leading altcoin Ethereum found itself falling to the $2K level during the recent market price dip. In the last few days, the token following Bitcoin showed recovery signs but has struggled to break key resistance levels. Meanwhile, the community witnessed crucial regulatory activity with announcements from the FCA.  Notably, Ethereum

August 8, 2024 2 mins read

Michael Saylor Reveals Around $1 Billion in Personal Bitcoin Holdings

Michael Saylor has come clean about his Bitcoin (BTC) ownership. He is the co-founder and chairman of the American software and business analytics company MicroStrategy. Previous rumors about Saylor’s personal Bitcoin bets were confirmed when he made this announcement earlier today. The fact that Michael Saylor owns Bitcoin is not

August 8, 2024 2 mins read

Ark Invest Buys Coinbase and Robinhood Stocks Amid Market Rebound

Following stretches of selling, Cathie Wood of Ark Invest has increased her stock purchases of Coinbase (COIN) and Robinhood (HOOD). As investors pay more attention to market fluctuations, the asset manager keeps changing its holdings. Following the prior slump caused by macroeconomic issues, the cryptocurrency market has regained momentum. In

August 7, 2024 1 min read

Nexera Suffers Major Cyberattack, $2.9 Million in Tokens Stolen

A significant cyberattack has hit the blockchain platform Nexera. Theft of 47 million NXRA tokens occurred as a consequence of this security compromise. The blockchain security company Cyvers Alert uncovered this flaw when it saw an unusual transaction utilizing Nexera’s proxy contract. An unidentified address gained control of Nexera’s proxy

August 7, 2024 1 min read

BlackRock and Nasdaq File for Options Trading on Spot Ethereum ETF

BlackRock and Nasdaq have filed with the SEC to add options trading to the iShares Ethereum Trust (ETHA). Final SEC approval is anticipated by April 9, 2025, with pending approvals from the OCC and CFTC. This move, disclosed in a regulatory filing, aims to enhance market dynamics and provide investors

August 7, 2024 2 mins read

Grayscale Ethereum ETF Outflows Near $2.3 Billion

While the global crypto market turned to recovery, Ethereum exchange-traded funds (ETFs) in the United States displayed notable activity. On Wednesday, BlackRock’s fund saw a significant net inflow of around $110 million, contributing to a positive trend for Ethereum ETFs. For two consecutive days, U.S.-based spot Ether ETFs have recorded

August 7, 2024 2 mins read