The FTX bankruptcy saga continues to unfold, with its complexities magnifying against the backdrop of surging crypto prices. At the heart of the matter lies a pivotal decision: should customers be compensated with the cryptocurrency they originally held or its equivalent dollar value at the time of the exchange’s collapse? To date, FTX’s legal team […]
Navigating the FTX Bankruptcy: A Crypto Conundrum Read More »
Kraken UK’s Managing Director, Bivu Das, made a compelling case for the introduction of Bitcoin ETFs (Exchange-Traded Funds) in the United Kingdom. With the crypto landscape evolving rapidly, Das suggests that the time has come for the UK to reassess its stance on these financial products, especially given the changes since their restriction in 2021.
Push for Bitcoin ETFs in the UK Read More »
In the ever-evolving landscape of cryptocurrency investment products, the potential approval of spot Ethereum ETFs stands as a significant milestone. According to Standard Chartered Bank, despite prevailing scepticism, there’s a tangible possibility that Ethereum ETFs will receive the green light by their initial May 23 deadline. Geoffrey Kendrick, the head of forex and crypto research
Ethereum ETFs: A Path to $8,000 by 2024? Read More »
In a landmark decision with significant ramifications for the Australian crypto industry, a court has ruled in favour of Finder Wallet in a lawsuit brought by the country’s financial watchdog, the Australian Securities and Investment Commission (ASIC). The lawsuit, filed in December 2022, centred around Finder’s Earn product, a program that offered consumers returns on
Finder Wins in Australia: Court Rules Crypto Product Wasn’t a Security Read More »
Traditional institutions like the London Stock Exchange (LSE) are ready to embrace the potential of cryptocurrency. In a landmark announcement on Monday, the LSE declared its intention to start accepting applications for Bitcoin and Ether exchange-traded notes (ETNs) in the coming months, specifically during the second quarter of 2024. This decision signifies a significant shift
London Stock Exchange Opens Doors to Crypto ETNs Read More »
South Korea, a nation that has historically exhibited a complex relationship with cryptocurrencies, is taking a proactive stance against tax evasion in the digital asset space. The country’s National Tax Service is spearheading the development of a crypto-focused asset management system, slated for completion by 2025. This system signifies a significant step towards increased scrutiny
South Korea Tightens Grip: Crypto Management System Targets Tax Evasion Read More »
Coinbase, the leading American cryptocurrency exchange, recently met with the Securities and Exchange Commission (SEC) to advocate for Grayscale‘s proposed spot Ethereum (ETH) exchange-traded fund (ETF). This development follows Grayscale, a major crypto fund manager, applying in October to convert its existing Grayscale Ethereum Trust (ETHE) into a spot ETF. This shift would be a
Coinbase Champions Grayscale’s Ethereum ETF Push in SEC Meeting Read More »
Do Kwon, the embattled founder of Terraform Labs, finds himself a step closer to facing the music in his home country of South Korea. A Montenegrin judge has ruled that Kwon can be extradited to South Korea after completing his jail sentence for using a forged passport. This latest development marks a pivotal moment in
Do Kwon Extraditable to South Korea, Legal Saga Nears New Chapter Read More »
Bitcoin (BTC) $ 113,779.00 0.84%
Ethereum (ETH) $ 4,308.14 4.46%
XRP (XRP) $ 2.93 1.35%
Tether (USDT) $ 1.00 0.01%
BNB (BNB) $ 863.70 4.58%
Solana (SOL) $ 184.32 4.65%
USDC (USDC) $ 0.999857 0%
Lido Staked Ether (STETH) $ 4,297.91 4.49%
TRON (TRX) $ 0.351509 1.15%
Dogecoin (DOGE) $ 0.218297 3.51%
