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Search Results for: sec

SEC Chair Gary Gensler Dodges Questions on Spot Ethereum ETF

Based on Gary Gensler’s response to a query on the possibility of spot Ethereum ETF clearance, it seems that applicants for this product could have a lengthier wait than anticipated. Gary Gensler, chairman of the U.S SEC, spoke with Yahoo Finance’s Jennifer Schonberger yesterday. She brought up the topic of

March 9, 2024 1 min read

Nigeria’s SEC Strengthens Crypto Regulations Via New Rules

In an effort to better control the operations of cryptocurrency companies, the Nigerian SEC has issued new regulations. Reportedly, this new set of rules is an effort to reduce instances of digital currency fraud and money laundering. The revision of operating standards coincides with the fact that Binance, a leading

March 7, 2024 2 mins read

New Modular Blockchain Blackwing Secures $4.5M Funding to Unleash Liquidation-Free Trading

A $4.5 million fundraising round sponsored by Hashed and Gumi Cryptos has been concluded by Blackwing. The funding will go toward creating the first modular layer 2 blockchain, which will enable liquidation-free leveraged trading of any asset. Users may trade with borrowed funds on the blockchain without having to worry about forced

March 7, 2024 2 mins read

Bitstamp Secures Preliminary Regulatory Clearance in Singapore

Bitstamp, a cryptocurrency exchange based in Europe, has received preliminary regulatory clearance from Singapore’s Monetary Authority (MAS). The exchange will soon be authorized to provide digital payment token services in the region thanks to the Major Payment Institution (MPI) license, according to an email release on Wednesday. Bitstamp boasts that

March 6, 2024 1 min read

Nexo Secures Initial Approval for Digital Asset Services Expansion in Dubai

The Virtual Assets Regulatory Authority (VARA) in Dubai has granted initial approval to Nexo, a digital asset service provider. Nexo DTC, Nexo’s regional organization, has reached a major milestone in its pursuit of complete licensure for a number of activities, including Broker-Dealer operations, Lending & Borrowing, and Management & Investment.

March 6, 2024 2 mins read

AI-focused Blockchain IO Research Secures $30 Million in Series A Funding

The blockchain firm IO Research, which focuses on artificial intelligence (AI), said on Tuesday that it has secured $30 million in a Series A fundraising round from investors led by Hack VC along with other prominent investors that include Multicoin Capital, Delphi Digital, Solana Labs, Aptos Labs, OKX and more.

March 5, 2024 2 mins read

Coinbase Reassures Users After Second Glitch Amid Bitcoin Surge

As the platform takes yet another hit, crypto exchange Coinbase reassures customers that their assets are secure. Customers of Coinbase Inc. reported a problem with the platform during the recent spectacular price surge of Bitcoin (BTC). Many customers were worried when their account balances supposedly showed zero due to a

March 5, 2024 1 min read

Shiba Inu Boosts Privacy: Implements Cutting-Edge Encryption for Enhanced Security

The company that created the well-known cryptocurrency Shiba Inu, SHIB, revealed today its most recent innovation: the incorporation of Fully Homomorphic Encryption (FHE) into its ecosystem. With this development, $SHIB holders may now enjoy unmatched privacy, making the SHIB community one of the first in the Web3 sphere to benefit

February 28, 2024 2 mins read

QED Secures $3 Million in Funding To Propel Fully Trustless Zero-Knowledge Applications Across the Bitcoin Ecosystem

 QED, the world’s first zk-Native blockchain protocol, announced today it has raised $3 million in a funding round led by Arrington Capital with participation from several prominent venture capital firms and companies including Starkware, Draper Dragon, Blockchain Builders Fund, Lbk Labs, Paper Ventures, Valhalla Capital, Edessa Capital and Anagram Ltd.

February 27, 2024 3 mins read