WHITE PLAINS, N.Y.–(BUSINESS WIRE)–FRMO Corp. (the “Company” or “FRMO”) (OTC Pink: FRMO) today reported its financial results for the fiscal year 2023 ended May 31, 2023. Financial Highlights FRMO’s total book value as of May 31, 2023 was $284.1 million ($6.45 per share on a fully diluted basis), including $114.8
After the highly-anticipated debut of Jacobi Asset Management’s Jacobi FT Wilshire Bitcoin ETF, Europe will finally have its first spot Bitcoin exchange-traded fund (ETF). More than a year after its initial debut date of 2022, the London-based digital asset management business said on August 15 that its new investment product
Customers of the cryptocurrency exchange Dasset in Auckland are locked out of their funds since the company has apparently disclosed liquidation plans. The Dasset exchange, headquartered in Auckland, was founded in the midst of 2017’s ICO frenzy. Local media The Herald reported on Monday that hundreds of consumers had been
The best crypto communities follow one rule: “Union is strength.” The importance of communities in the crypto world cannot be overstated. Communities are like the blood that keeps cryptos alive, competent, and usable. Scientifically, the rise of cryptocurrency is directly proportionate to the community’s participation and loyalty. For instance, Dogecoin
New Feedzai research of anti-money laundering (AML) professionals unveiled the most significant threats and solutions to AML processes 46% state that increasingly sophisticated money laundering techniques, including generative AI technology, is one of the biggest threats their business faces 53% note that the majority of money laundering activity they encounter
ETHToronto Hackathon, Captivating NFT Galleries, UNNY Token Rewards, and More Await Attendees at Canada’s Largest Blockchain Gathering TORONTO–(BUSINESS WIRE)–Blockchain events company Untraceable launches its fifth annual Blockchain Futurist Conference today with a stellar lineup of speakers and record breaking attendance, along with exciting new event offerings and activations. Held at
One month prior, the price of XRP almost doubled in a short span of time, and this was likely due in large part to developments in the Ripple vs SEC lawsuit. However, the US SEC had recently submitted an interlocutory brief, suggesting that it intends to appeal a previous judgment
Cryptocurrency giant Binance has taken legal action against the US Securities and Exchange Commission (SEC), filing for a protective court order due to concerns over the agency’s extensive and burdensome requests for the company’s communications. The move comes after Binance and the SEC had previously reached an agreement in court
Ethereum, the second-largest cryptocurrency by market capitalization, finds itself ensnared in a tug-of-war between bullish and bearish forces, leading to a struggle in breaking through the $2000 mark. ETH had a 4.36% decline over the span of a month. Moreover, it is further echoed by a 3.04% drop in trading
The native token of the Hedera blockchain, HBAR, records the highest surge in trading volume and price in the last 24 hours. According to TradingView, Hedera (HBAR) rose 14% to hit its 4-month-high of $0.0726 on the largest crypto exchange Binance. Notably, a massive volume surge propelled HBAR to advance
