JPMorgan Chase, the leading bank in the United States, has already unveiled its involvement in Bitcoin ETFs. Based on a recent SEC filing, the bank owns around $760,000 worth of shares in ProShares Bitcoin Strategy ETF (BITO), BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity’s Wise Origin Bitcoin Fund (FBTC), Grayscale Bitcoin Trust (GBTC), and Bitwise Bitcoin […]
Solana-based memecoin,Penguiana that managed to raise over 290 SOL within an hour after going live and around 865 SOL in its first week of presale is aiming to join the gaming Industry. Individuals looking to participate in the pre-sale must first create a Solana compatible wallet like Phantom or Solflare. After this, they will have […]
Coinbase’s legal chief, Paul Grewal, accused the SEC of inconsistency in their most recent filing. The SEC argued against Coinbase’s request to file an interlocutory appeal, while the SEC itself requested a similar appeal in the Ripple Labs lawsuit. Today @SECGov filed its response to our request to file an interlocutory appeal with the 2nd […]
The House Committee on Rules plans to discuss the Financial Innovation and Technology for the 21st Century Act (FIT21), signaling the start of the anticipated floor vote this month. The bill aims to clarify cryptocurrency regulations, reducing the uncertainty that limits innovation and puts consumer protection at risk. The FIT21 Act was crafted by both […]
In the last 24 hours UNI’s price dropped by 5.3% as if recorded data from CoinGecko reaching a selling price of $7.7.The downward trend has been going on even in the past week the token has been on a bearish momentum. Source:coingecko The token circulation supply has shown a slight increase of around 0.27% pushing […]
Fireblocks, a cryptocurrency safekeeping specialist, plans to establish a limited-purpose trust company under the jurisdiction of the New York Department of Financial Services (NYDFS). This new entity, Fireblocks Trust Company, will offer cold-storage custody solutions for U.S. clients, subject to final regulatory approval. Fireblocks is proud to announce the launch of our Global Custodian Partner […]
Colombian President Gustavo Petro allegedly accepted over $500,000 of illicit crypto donations from a fraudulent project to fund his 2022 campaign. According to local media, cryptocurrency project Daily COP made the illicit donation of 2 billion Colombian pesos, or roughly $514,036, in crypto to Petro’s campaign in 2022. A meeting in February 2022 took place […]
The Justice Department (DOJ) has chosen consulting firm Forensic Risk Alliance (FRA) to oversee Binance Holdings Ltd., which pleaded guilty to violating US money-laundering laws and trade sanctions. FRA specializes in fraud investigations and compliance and will be granted access to Binance’s internal records, facilities, and employees. Their role is to ensure Binance adheres to […]
The Commodity Futures Trading Commission (CFTC) ignited a firestorm on Friday with a proposed rule change targeting prediction markets. The move seeks to prohibit trading on the outcomes of political events, effectively shutting down platforms like PredictIt and Polymarket popular among crypto enthusiasts. The CFTC, led by Chairman Rostin Behnam emphasizes protecting the integrity of […]
Nigeria’s stance on cryptocurrency is becoming increasingly complex. The International Monetary Fund (IMF) recently recommended the country license global cryptocurrency exchanges as part of its economic reforms. This proposal aims to solidify Nigeria’s position as a leader in Africa’s crypto market and attract international investment. The IMF emphasizes the potential for crypto to improve remittance […]