Day: January 10, 2024

SEC Accelerates Approval for 11 Bitcoin ETFs, Ushering in a New Era

The U.S. Securities and Exchange Commission (SEC) has approved proposals for 11 spot bitcoin ETFs, signaling a significant shift in the regulatory landscape and opening new doors for cryptocurrency investments. This accelerated approval process marks a turning point for Bitcoin, elevating it to a more mainstream and regulated investment avenue. The SEC’s nod to these […]

Ripple’s Strategic Share Buyback: Aiming for Financial Agility

Ripple Labs, the company behind the well-known cryptocurrency XRP, has embarked on a significant financial maneuver, initiating a buyback of $285 million worth of shares from its early investors and employees. This strategic move, as reported by Krystal Hu for Reuters, not only reflects the company’s robust valuation but also signals a focus on liquidity […]

SEC Account Hack Misfires Bitcoin ETF Approval News

In a bewildering turn of events, the U.S. Securities and Exchange Commission (SEC) had to clarify that a tweet announcing the approval of a Bitcoin exchange-traded fund (ETF) was not only unauthorized but the result of a compromised account. This incident sent the price of Bitcoin on a brief but intense roller coaster ride, highlighting […]

QuickNode Unveils Network to Boost Web3 Collaboration

QuickNode, a leader in blockchain infrastructure solutions, has launched its Preferred Partner Network, signaling a new era of collaboration in the blockchain and Web3 sector. This network brings together a diverse array of blockchain infrastructure service providers, developers, consultancies, and Web3 agencies, aiming to create more tailored opportunities and foster growth within the industry. QuickNode’s […]

Starknet STRK Airdrop: Rising Anticipation with New Update

The crypto community’s anticipation for a Starknet STRK token airdrop is intensifying following the approval of a significant network update. Starknet, a zero-knowledge-powered Ethereum Layer 2 scaling solution developed by Starkware, recently approved a proposal allowing STRK tokens to be used for transaction fees, fueling speculation about an impending token distribution to its users. The […]

Blockchain Association Rebuts Senator Warren’s Crypto Hiring Criticisms

The Blockchain Association has issued a formal response to Senator Elizabeth Warren’s concerns about the cryptocurrency industry’s hiring practices, particularly the recruitment of former government officials. Senator Warren, in her December 18, 2023 letter, raised questions about potential conflicts of interest and the possible undermining of legislative efforts related to digital assets. The Association, led […]

Tron Overtakes Ethereum and Bitcoin in Daily Active Addresses

Tron (TRX) has recently ascended to a new milestone, surpassing both Ethereum (ETH) and Bitcoin (BTC) in the number of daily active addresses (DAAs). According to the latest data from Token Terminal, Tron achieved an impressive count of 1.4 million active addresses on January 8, leading the pack in blockchain network engagement. The significance of […]

CFTC Urges Focus on DeFi Identity in US Policy

The Commodity Futures Trading Commission (CFTC), a key U.S. regulatory agency overseeing futures, swaps, and options, is advocating for U.S. policymakers to address the challenge of identifying individuals involved in decentralized finance (DeFi). In a recent report, the CFTC emphasized the need for a strategic approach to regulate the rapidly evolving DeFi sector, underscoring concerns […]