Latest news — Page 577

Grayscale Investments is urging the SEC to quickly approve its application to convert its Bitcoin fund to a spot ETF.

SOMA Finance plans to launch the world's first legally compliant digital security token

A Russian financial official suggests that the digital ruble and blockchain could diminish the relevance of traditional banks.

South Korean Neowiz collaborates with Avalanche's blockchain, aiming to expand in Web3 gaming amid Korea's booming esports interest.

Alpha Protocol Ventures has formed a $20 million fund to financially back nascent Web3 projects.

Marathon Digital Holdings mined fewer Bitcoins in August than in July but saw a fivefold year-over-year increase.

Justin Bieber's song "Company" will be released as a nonfungible token by the tech platform anotherblock and co-producer Axident.

Coinbase introduces a lending service for institutions, filling the gap left by Genesis and BlockFi's failures.

MetaMask wallet holders are being scammed through manipulated links on legitimate government websites.

Cybersecurity expert Richard Ma warns that AI technology is enabling scammers to create increasingly sophisticated social engineering attacks.

Former BitMEX CEO Arthur Hayes suggests that Bitcoin's six-month growth spurt will impact the broader market within the next year.

Vitalik Buterin calls out the centralization of nodes as a critical issue for Ethereum.

KEB Hana Bank joins forces with cryptocurrency custody firm BitGo to offer digital asset protection, aiming to boost consumer trust and market integrity in South Korea.

Deribit's August trading volume soared by 17% even as global crypto derivatives activity waned.

The World Federation of Exchanges survey reveals that traditional financial exchanges are cautious about including crypto-related products.

National Payments Corporation of India is recruiting a seasoned blockchain professional to explore potential applications within existing payment systems like UPI.

LSE Group is forging ahead with a blockchain platform to streamline traditional financial asset trading.

China's central bank director, Changchun Mu, urges payment platforms to update their systems to facilitate the use of the digital yuan.

Co-founders of Gala Games are embroiled in a legal dispute involving allegations of token theft and financial mismanagement.

Matter Labs CEO Alex Gluchowski has proposed a judicial system within the Ethereum network, modeled after the U.S. court system, to resolve smart contract disputes and strengthen the network.

FTX, a crypto exchange navigating bankruptcy, transferred $10 million in digital assets, generating concern over market stability. The case will be reviewed by a Delaware court on September 13.

Shibarium Network sees rapid wallet adoption but faces challenges in boosting total value and token prices.

Crypto firm Ripple challenges the SEC's appeal request, stating that no compelling legal questions exist that would necessitate appellate review.

Ark Invest CEO Cathie Wood tweets her optimism for the symbiotic relationship between Bitcoin and AI.

Changpeng Zhao, CEO of Binance, expresses strong belief that decentralized finance could soon outshine centralized systems in trading volumes.

Recent court filings have unveiled a series of transactions benefiting FTX and Alameda Research executives in the year before FTX's bankruptcy.

A substantial amount of Ripple's XRP has been moved to an unknown wallet, coinciding with Ripple's own secure placement of vast amounts of XRP.

Rune Christensen, MakerDAO's co-founder, proposes building the project's final upgrade, NewChain, on Solana’s architecture instead of Ethereum's.

Yes Bank has integrated the Unified Payments Interface with the digital rupee.

Decentralized exchange dYdX is set to release over $14 million in DYDX tokens today, targeting its community treasury and rewarding its traders and liquidity providers.

Binance's move to exclude Banco de Venezuela from its P2P platform aligns the cryptocurrency exchange with global financial sanctions, following a similar recent delisting of Russian banks.

London-based Jacobi Asset Management debuts Europe's first Bitcoin ETF, uniquely designed to comply with EU's environmental and social governance rules.

Argo Blockchain cuts net losses by over 50% and lowers debt in the first half of 2023, despite facing challenging market conditions and a decline in revenue.

UK-based financial tech firm Tradeteq introduces tokenized U.S. Treasury bonds on the XDC Network, capitalizing on the growing trend of digital asset tokenization.

Robinhood and Jump Trading part ways amid a tense regulatory environment, ending a longstanding partnership essential to Robinhood's no-fee crypto trading platform.

Grayscale Bitcoin Trust saw record trading following a court order for SEC to reconsider its ETF conversion rejection, driving up both GBTC and BTC prices.

The Tornado Cash legal saga is drawing attention as it could set a precedent for federal action against privacy tools in cryptocurrency while focusing on specific charges against the developers.

Circle's native USDC on Base is a significant update aimed at replacing the older, Ethereum-backed version, streamlining transactions and liquidity provisions in the financial ecosystem.

Tether partners with Bahamian bank Britannia to handle dollar transactions, signaling a change in its business partnerships amid regulatory scrutiny.

Twitter has obtained a Rhode Island license to venture into financial services, paving the way for both fiat and crypto payment options.