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Bitwise Seeks Approval for Solana ETF Registration

The leading asset manager and ETF issuer, Bitwise Investment, has officially filed the S-1 form titled “BITWISE SOLANA ETF” with the U.S. Securities and Exchange Commission (SEC) in Delaware on November 20, 2024.  This filing positioned Bitwise with other asset managers, such as VanEck and Canary Capital, to directly expose

November 21, 2024 2 mins read

South Korea Unveils 2019 Upbit Hack Linked to North Korean Hackers

South Korean police have officially confirmed that the 342,000 Ethereum (ETH) stolen from Upbit, the country’s largest cryptocurrency exchange, in 2019 was done by North Korean hacker groups Lazarus and Andariel. This is the first time a domestic agency has publicly linked North Korea to a major cryptocurrency theft. Initially,

November 21, 2024 1 min read

Pivot and XDC Network Launch Co Acceleration Program, Backed by XVC Tech’s $125 Million Fund

Pivot and XDC Network are excited to announce a joint co-acceleration initiative titled ‘Let’s Pivot-to-XDC,’ which will provide funding to foster the growth of innovative blockchain startups. This collaboration focuses on supporting 10 promising startups working in the DeFi, Payments, and Real-World Asset (RWA) sectors, aiming to enhance blockchain integration

November 21, 2024 5 mins read

Issuers Begin Altcoin ETFs Registrations As Per Expert Predictions

The Asian crypto community has yet again woken to Bitcoin hitting a new ATH. This time the digital asset has traversed into the $96K level and has managed to hold prices there. This price movement has also made up for the brief slump the overall market reflected this week. Meanwhile,

November 21, 2024 2 mins read

US Judge Spares Former FTX Exec Gary Wang from Prison Time

The trading platforms fraud case against Gary Wang, a former senior executive of the now-defunct FTX exchange, will not result in a prison sentence. Judge Lewis Kaplan of the United States District Court issued an unusually lenient ruling in Manhattan Federal Court. Wang had already entered a guilty plea for

November 21, 2024 2 mins read

China Expels Yao Qian Over Crypto Regulation Corruption and Abuse of Power

Yao Qian, once a key figure in China’s digital currency efforts, was removed from the Communist Party and his government role after being accused of corruption involving bribes and cryptocurrency deals. Yao Qian, a former top official in China, faced expulsion from the Communist Party and removal from his government

November 20, 2024 3 mins read

Hoth Therapeutics Allocates $1M to Bitcoin Amid Rising Institutional Adoption

In an effort to take advantage of Bitcoin’s potential as a store of wealth and protection against inflation, Hoth Therapeutics, a biopharmaceutical business in the trial stage, has allocated up to $1 million in the cryptocurrency. In light of the increasing interest in Bitcoin after Donald Trump’s reelection as president.

November 20, 2024 2 mins read
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