U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has publicly criticized the Financial Innovation and Technology for the 21st Century Act (FIT21 Act), a new bill set to be passed in the House of Representatives. Gensler expressed significant...
Five U.S. asset managers have amended their applications to issue spot Ether exchange-traded funds (ETFs) with the Securities and Exchange Commission (SEC). Bloomberg ETF analyst James Seyffart shared this update late on May 21, 2024, via a post on...
Market analysts have expressed concern over Bitcoin's struggles to keep its price above $69,000. Notably, the cryptocurrency reached price levels above $71,000 in the last 24 hours but quickly fell back to $69,000 within a few hours. The $69,000...
Hong Kong's Office of the Privacy Commissioner for Personal Data (PCPD) issued an enforcement notice demanding that the Worldcoin project stop all its operations in Hong Kong due to significant lapses in its data privacy practices and consent protocols....
Alex Thorn, Head of Research at Galaxy Research, has raised concerns about the Securities and Exchange Commission (SEC) potentially categorizing staked Ether as a security. Thorn's speculation comes amidst growing expectations that the U.S. SEC might soon approve Ethereum...
A New York court has approved a landmark $2 billion settlement between bankrupt crypto lender Genesis and the New York Attorney General's Office (NYAG). The settlement will establish a fund for over 230,000 investors, including 29,000 New Yorkers, who...
Crypto markets are abuzz with renewed optimism as speculation mounts that a spot Ether (ETH) exchange-traded fund (ETF) may soon receive approval. This surge in confidence follows reports that the U.S. Securities and Exchange Commission (SEC) has reversed its...
Two industry figures have recently debated the role of Ethereum in achieving the "crypto vision" through a series of recent social media posts. Ethereum researcher Dankrad Feist, renowned for his contributions to the concept of Danksharding, ignited a contentious...
Crypto exchange XT.COM has announced listing several new tokens and trading pairs, including a BIDEN, a new memecoin inspired by U.S. President Joe Biden. According to XT.COM's announcement, "$BIDEN token is a Memecoin run by the community making fun...
A subscription event for Bitget Wallet's official native token, BWB, will begin on May 23, 2024, the crypto exchange announced in a blog post earlier today, May 20. The token's subscription event will consist of two rounds: an allowlist...
