Asset Management Firm Bitwise Withdraws BTC and ETH ETF Application
Grayscale, the biggest Bitcoin Trust in the world, recorded a historic victory in its battle against SEC. The firm had launched a lawsuit against the...
US SEC Approves First Bitcoin Exchange-Traded Fund (ETF)
SEC approved a short Bitcoin Strategy ETF application under the ticker BITI back in June last year. This is the first ETF to short Bitcoin...
Robinhood to Buy Back $605 Million Stake from Sam Bankman-Fried
Robinhood exchange has completed the repurchase of shares from Emergent Fidelity Technologies. Emergent was a holding company with Sam Bankman-Fried at its helm owning 90%...
PayPal Partners with Coinbase to Enable Crypto Payments in Germany and the UK
Coinbase is now working in tandem with PayPal to enable crypto payment options for its German and UK investors. With the new services, the consumers...
US Copyright Authority Starts Inquiry on Artificial Intelligence
There has been much debate around Artificial Intelligence that requires data from other users to train and generate results. Artists have raised questions regarding programs...
Kenyan MPs Claim that Worldcoin Can Damage Economy and Increase Frauds
The National Computer Cybercrimes Coordinating Committee (NC4) is the government operated cyber security and fintech monitoring organization in Kenya. The organization has issued an alarming...
Republican Lawmakers Criticize Federal Reserve Policy Towards Stablecoins
A group of three Republican legislatures have raised their concerns regarding stablecoins regulations. The trio has alleged Federal Reserve with overlooking their stablecoin bill. As...
FTX Halts User Accounts Access Following Kroll Data Breach
FTX is a defunct crypto exchange that went down in flames following revelations of massive controversies. The bankrupted firm was hit by a data breach...
Ex-Chinese Official Gets Life Sentence for $329M Bitcoin Mining Scheme
Xiao Yi is a Chinese official who worked as part of the Jiangxi Provincial Political Consultative Conference Party Group and served as Vice Chairperson. However,...
Nansen Report Shows PayPal’s New Stablecoin Faces Sluggish Demand from Crypto Users
Nansen has issued some new data regarding PayPal’s new stablecoin project. PYUSD was launched recently making headlines in every direction. However, data projections from Nansen...