Result Page 22 for Latest Crypto Assets News & Archive

Cathie Wood Sees SEC's Shift In Attitude; Spot Bitcoin ETF By ARK Invest Makes Headway

Despite speculations, Wood noted a shift in the SEC's stance on spot Bitcoin ETF applications.

Fantom Foundation Loses Over Half-A-Million Due To Hack Caused By Google Chrome Flaw

Initial reports claimed Fantom lost $7 million in crypto due to the hack, but the team clarified that some of the wallets labeled Fantom Foundation wallet were mislabeled by blockchain explorers and that not all stolen funds were from the platform.

SBF Trial Update: Nishad Singh Purchased $3.7M House Despite Knowing FTX Used Customers' Funds

Things get a lot more interesting during the cross-examination of Singh by Sam Bankman-Fried's lawyers, particularly when the defense brought up the 10-acre estate he purchased on Orcas Island in Washington State.

Vitalik Buterin Finally Reveals Reason Behind Latest Crypto Fund Movement That Stirred Speculations

Buterin has finally said his piece about the transactions. He reminded the community that the funds were transferred not for his personal gain but for "some charity or nonprofit or other projects." The receiving organization sometimes uses the funds to meet its operating expenses.

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GBTC Becoming A Bitcoin ETF Imminent As SEC Won't Appeal Loss In Grayscale Case

The SEC was given time until midnight last Friday to submit a challenge to the court's decision that found it was unjust for the financial regulator to reject Grayscale Investments' application to create a spot bitcoin exchange-traded fund. The SEC's decision now clears the way for the first spot Bitcoin ETF in the U.S. although a separate approval order from the regulator is still required.

Symmetry Launches Revolutionary Platform for Decentralized Crypto Indices and Actively Managed Funds on Solana

SOL Surges As FTX Estate Stakes $122M Solana Amid Liquidation Concerns

Last month, Delaware District Judge John Dorsey approved an order to allow the now-bankrupt crypto empire to sell, hedge price movements, or generate yield through staking off the crypto assets it is holding to repay its creditors.

ARK21's Spot Bitcoin ETF Filing Has 90% Chance Of Approval By January 2024 Deadline: Analysts

Despite the potentially imminent approval of spot Bitcoin ETF filings, some are concerned that the eventual arrival of traditional financial giants, including the mega-investment company BlackRock, could "fundamentally change" Bitcoin.

US Regulator Sues Former Voyager Digital CEO For Fraud And Registration Failures

The CFTC alleged that Stephen Ehrlich and Voyager Digital defrauded customers by making them believe that the crypto brokerage firm is a "safe haven" to buy and store assets, with its CEO promising high-yield returns as high as 12%.

Crypto Hackers Running Riot, Industry Losing $216,000 Every Hour

While The Money Mongers report included exploits committed by malicious actors, it did not include exit scams, rug pulls, or theft committed by employees.

Caroline Ellison Says Binance CEO 'Contributed' To FTX's Collapse

Bankman-Fried had previously blamed CZ for the FTX crash, describing it as "an extreme, quick, targeted crash precipitated by the CEO of Binance that made Alameda insolvent."

Do Kwon, TFL Now Blame Citadel Securities For Terra Collapse

Earlier this week, TFL and Kwon's lawyers urged the court to ask Citadel Securities to provide documents containing its trading activities in May 2022.

Blockchain Firm Elliptic May Have Identified Group Behind Multi-Million FTX Hack

Elliptic acknowledged the potential that an insider may have carried out or aided the exploit. It pointed out the possibility that some employees at FTX could have taken advantage of the turmoil that ensued when the company declared bankruptcy to move its cryptocurrency assets.

Caroline Ellison Second-Day Testimony Includes Chinese Bribes And Thai Sex Workers

Ellison's voice trembled during Wednesday's testimony, and said she "felt a sense of relief that I didn't have to lie anymore."

ARK Invest's Amended Spot Bitcoin ETF Proposal A 'Good Sign For Future Approval'

The recent update on the joint spot Bitcoin ETF application for approval of ARK Invest and 21 Shares underscored information on the proposed BTC ETF, as well as practices on how it will custody assets and determine the values of the assets.

BitMEX Co-Founder Has Grim Warning On Blackrock's Crypto Entry, But Predicts Bitcoin Will Reach $1M

Hayes said BlackRock's entry into the industry could "fundamentally change" Bitcoin. Though he acknowledged that the spot Bitcoin ETF approval might bring a stream of funds into the crypto market, the BitMEX co-founder was concerned about its potential influence on traditional finance.

SHIB Is Fourth Most Popular Bitcoin Alternative In 2023, Beats ADA, SOL

The study used Google searches to find out which among nearly 23,000 crypto assets were the most preferred alternatives to Bitcoin for investors this year.

Coinbase Director Claims Alameda Research Minted Nearly $40B Worth Of USDT

The recent claim seemingly aligned with the previous report, which, aside from claiming that Alameda Research is the second-biggest donor of Tether, had estimated that the crypto hedge fund minted $36.7 billion.

Illustration shows Elon Musk and representations of cryptocurrency Dogecoin

Elon Musk, Dogecoin Co-Creator Throw Jabs At SEC, Question Regulator's Position On Crypto Value

In a court motion filed last week against the crypto exchange platform Coinbase, the SEC stated that digital assets have no inherent value since they cannot generate profits.

Illustration shows representation of Ethereum

Ethereum Foundation Attacked? Ether Slumps As Non-Profit Organization Moves Millions In ETH

But while the non-profit organization has been mum on the reason behind its latest move, data from token flow-oriented data platform EigenPhi revealed that when it sold 1,700 ETH via Uniswap v3, it came under a Sandwich attack by MEV Bot (0x00...6B40).

Exclusive: Shiba Inu To Launch New Publication, Shytoshi Kusama Confirms

Kusama seemingly hinted that the development team is preparing to roll out a new initiative for the community in the coming weeks.

Crypto Executives Weigh In On Impact Of Ethereum Futures ETF

While others are optimistic about the launch of Ethereum Futures ETF, analysts noted that it could reduce market volatility but could also dampen the potential of Ether's performance, a trend that typically emerges as the asset class matures.

Jack Dorsey's Block Unveils Open-Source Bitcoin Hardware Wallet For Testing, Release Imminent

The crypto world may have just glimpsed Block's BitKey, the new hardware wallet announced in 2022 via a beta tester's tweet.

Bitcoin Whale Adds 845B SHIB To Its Crypto Holdings During Bear Market

Shytohi Kusama resurfaced after a social media hiatus this week and surprised the community by mentioning some "secret initiatives," including AI initiatives for SHIB.

Mashinsky, CEO of Celsius Network, talks about bitcoin speculation in New York City

Fraud Trial Of High-Profile Crypto Executive Set For September 2024

Alex Mashinsky's legal team has nearly a year to prepare for the trial of the former Celsius founder and CEO on criminal fraud charges linked to the billion-dollar collapse of the crypto lending platform.

Zhao Changpeng, founder and chief executive of Binance

Binance, CZ Sued For Allegedly Initiating Collapse Of Bankman-Fried's FTX

Nir Lahav, a cryptocurrency investor, filed a class-action lawsuit against Binance and Zhao on Monday for allegedly violating the Securities and Exchange Act, as well as the California Unfair Competition Law, in the U.S. District Court for the Northern District of California.

Federal Reserve Blames Crypto As It Reveals Reasons Behind Silvergate Bank Failure

The problem, according to the Feds, started when the senior leadership of the bank shifted its strategy and focused on "customers engaged in crypto activities," underlining that the institution took too big of a risk in one industry.

XRP Soars After Judge Denies SEC's Interlocutory Appeal; Crypto Executives, Lawyers Weigh In

District Court Judge Analisa Torres said Tuesday she found no "substantial ground for difference of opinion" in her earlier ruling and disagreed that an appeal would help advance the case to a conclusion. XRP saw an immediate surge in its value, recording over 8% gain after the news broke.

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