Sam Bankman-Fried Loses Another Battle As Court Denies Request To Extend Sentencing Process
The former crypto billionaire was found guilty on seven counts of fraud for allegedly misusing billions in customer funds before the spectacular collapse of his crypto empire, FTX.
SEC Reportedly Concerned Bitcoin ETF In-Kind Model Would Be Used For Money Laundering
The major Wall Street regulator has reportedly instructed spot Bitcoin ETF applicants to amend their filings and use the cash creation and redemption model.
Bitcoin Maxi Michael Saylor Calls BTC ETF 'The Biggest Development On Wall Street' In Decades
Saylor was once against Bitcoin, and in one of his previous tweets, he predicted the crypto asset would suffer the same fate as online gambling.
Spot Bitcoin ETF Approvals Could Happen Ahead Of SEC's Deadline: Galaxy Digital CEO
Novogratz thinks the approval of the highly anticipated Bitcoin investment vehicle will benefit markets since it will add "more fuel for a fire" that would eventually trigger crypto assets to trade "like a maniac."
OKX Wallet Users Alerted To Update App Due To A Critical Vulnerability
The exchange assured users no customers' assets had been compromised by the vulnerability even before the fix was deployed.
Extradition Revoked: Do Kwon Of Terraform Labs Stays In Montenegro Pending Appeal
Prior to Kwon's extradition appeal, a report alleged that Montenegro's Justice Minister, Andrej Milovic, had already made the decision to send Kwon to the U.S. before it was publicly announced.
BlackRock Alters Coinbase's Role In Proposed Crypto Investment Vehicle
BlackRock's decision to change Coinbase's role from a prime broker to a prime execution agent may indicate possible alterations in the perceived responsibilities of Coinbase on the investment giant's iShares Bitcoin Trust, its proposed spot Bitcoin ETF.
Bitcoin Dominance Plummets But Spot BTC ETF Progress Sparks Hope For $45K Target
Bitcoin ended last week at around $41,400, recording a 5.5% loss from the previous week's closing value of around $43,800. It continued to dip Monday, reaching a weekly low of about $40,425.
Bitcoin ETF Approvals Could 'Unlock Floodgates Of Advised Wealth' For BTC: Grayscale CEO
Sonnenshein, in an interview, talked about the importance of launching a spot Bitcoin ETF in the U.S., highlighting the magnitude of wealth held within advised assets and the significant opportunity a regulated BTC ETF could offer to tap into these vast resources.
CFTC Ends Enforcement Action; US Court Approves Billion-Dollar Settlement With Binance, CZ
Aside from the payment of fines, the court order also obligates Binance and Zhao to issue certifications on the existence of the application and efficacy of improved compliance control of Binance and "permanently enjoins them from further violations as charged."
ARK Invest Yields To SEC's Instruction As First Wave Of Possible Bitcoin ETF Approvals Nears
ARK's latest move suggests that the U.S. Securities and Exchange Commission did not budge on its preferred creations and redemptions model.
BlackRock Bends The Knee To SEC's Demand, Amended ETF Filing Features Cash Creation, Redemption Model
BlackRock had two choices for its spot Bitcoin ETF application – give in to the SEC's preferred model or wait until the regulator approves in-kind redemption.
Bonk's Surge Resurrects Solana Saga Phone Sales, Sends Its Price Flying
Solana Saga phones initially had disappointing sales numbers and was deemed a "failure" following its launch in May.
Shiba Ecosystem Shakes Off FUD, Crypto Winter; Destroys Billions Of SHIB In Elaborate Burning Streak
Shiba burns have been a hotly debated topic among the Shib Army as many believe that it could help push the value of the SHIB upward.
Tether's Letter To Lawmakers Reveals It 'Recently Onboarded' Secret Service On Its Platform
In October, Sen. Cynthia Lummis and Rep. French Hill urged Attorney General Merrick Garland "to carefully evaluate the extent to which Binance and Tether are providing material support and resources to support terrorism."
Shiba Ecosystem Trifecta SHIB, BONE, LEASH See Double-Digit 30-Day Surge Ahead Of Kusama's Year-End Announcement
The Shiba Ecosystem showcased its prowess in decentralized finance and the broader cryptocurrency industry this year by introducing a myriad of initiatives that Kusama described as major steps toward transforming the community into a truly decentralized one.
VanEck CEO Makes Bullish Prediction, Sees Bitcoin Hitting A New All-Time High
Jan van Eck says he does not see another "internet store of value" that will surface and "leapfrog" Bitcoin.
Shiba Inu Prepares For 'Big Announcement' As Kusama Teases 'Year Ending Surprise' For Shib Army
Unfortunately, the pseudonymous lead developer suppressed details of this announcement, and only teased "next week we have a VERY big announcement."
Bankrupt FTX And Celsius Move Multi-Million Dollars In ETH To Various Exchanges
The latest movements of ETH stashes by Celsius and FTX underscore the strategic reactions of both crypto businesses to the positive movement of the market.
Bitwise Predicts Bitcoin To Surpass $80,000 Amid ETF Anticipation And DTCC Listing
Bitwise predicts Bitcoin to hit a record high surpassing $80,000 next year, crediting this surge to two main factors: the Bitcoin Halving event and the upcoming launch of a spot Bitcoin exchange-traded fund (ETF) in the U.S.
BlackRock Adjusts Bitcoin ETF Application For Wall Street Banks, Modifies Redemption Model
The details were presented by BlackRock to the officials at the U.S. Securities and Exchange Commission (SEC) late last month in its proposed "In-kind Redemption Prepay."
Ledger's Connector Library Breach Sparks Concerns For Ethereum Ecosystem
Apart from Ledger and Metamask, several other protocols, including Zapper, SushiSwap, Phantom, Balancer and Revoke.cash, were affected by the security incident.
3 Dates Shib Army Should Watch Out For Before Christmas
A Shiba Inu developer announced earlier this month that Shibarium, the layer-2 scalability solution of the Shiba Ecosystem, will implement a new Shib burning system, which is set to take effect in January.
Bitcoin Enroute To $5M? 3 Conditions Predicted By Michael Saylor Nearly Met
The MicroStrategy co-founder made a bold prediction in the past saying the crypto asset would trade at $5 million and replace gold, and the conditions he enumerated are now nearly met.
SHIB Sees Significant Gains As Shibarium Processes Over 100M Transactions
The latest achievement is also impressive considering that Shibarium broke through the 80 million threshold (total transactions processed) just a few days ago.
SEC's First Wave Of Bitcoin ETF Approval Hinted At In Invesco's Updated S-1 Form, Says Analyst
In its recent filing, the spot Bitcoin ETF registration underlined that it will only use cash creations in response to the SEC's instruction to use the cash redemption model.
Bitcoin Rebounds Above $41,000 With Fair Value Accounting Adoption
Recent accounting rule adoption allows crypto companies and private institutions holding crypto assets to record their tokens at fair value, with changes reflected in net income.
CFTC Chair Claims Most Cryptocurrencies Are Commodities, Admits There's A 'Turf War' Going On Over Crypto
CFTC Chair Rostin Behnam says that "under existing law, many of the tokens constitute commodities."
Binance, CZ Ask Court To Dismiss SEC's Latest Notice: 'Procedurally Improper'
The filing also underlined that what the agency recently submitted to the court was "an impermissible supplemental brief that identifies no new 'authority' and instead attempts to introduce new factual information and arguments."
Bankman-Fried's Case 'Almost Impossible To Win,' SBF Is The 'Worst Witness,' Defense Counsel Admits
The 76-year-old legal expert also disclosed how Bankman-Fried made things all the more challenging when he went off the script during his testimony, eventually making his case "unwinnable."
