Bitcoin ETF was launched with approval from the U.S. Securities and Exchange Commission. Traders can access the platforms of asset managers such as BlackRock and Fidelity and begin their journey with BTC starting January 10, 2024. However, there are certain aspects that the community is still trying to address, including transparency, hope, and hesitation. Transparency takes center stage On-chain transparency has been prioritized since Bitcoin ETF application approval. It had to do so given concerns about market manipulation and the misuse of mechanisms to avoid illicit fund transfers across borders. Bitwise took the lead by sharing the wallet address of…
Author: Crypto Flexs
The Financial Stability Board (FSB) has published its 2024 work program, highlighting a robust approach to the regulation of crypto assets and a sharp focus on the financial impact of digital innovation. Tokenization And artificial intelligence (AI). The FSB, the international body that oversees the global financial system, has drawn up a comprehensive plan for 2024 that centers around the need to streamline the implementation of a global regulatory framework for cryptocurrency asset activities, an initiative that began taking shape last July. 2023. The framework requires cryptocurrency platforms to separate customers’ digital assets from the platforms’ own funds, ensuring a…
Algorand Foundation CEO Staci Warden’s X (formerly Twitter) account has been hacked. The foundation announced the breach and urged the community not to click on links or respond to direct messages from the account.On January 26, Warden’s X account was hacked. Posted Messages that insult the Algorand community and use racial slurs to indicate that someone else is in control of the account. Then the hacker encourage A community that sells Algorand and buys Ethereum instead.The attacker then shared the following: backhanded This is the story that supposedly took Algorand to new heights by giving Tron founder Justin Sun “complete…
Coinbase, the leading US cryptocurrency exchange, added two unknown altcoins to its listing roadmap this week. According to new news, exchange customers will soon be able to trade Aerodrome Finance (AERO) and Velodrome Finance (VELO). presentation. Aerodrome Finance is the trading and liquidity marketplace for Base, Coinbase’s Ethereum (ETH) layer 2 scaling solution. The project is a fork of Velodrome, the trading and liquidity marketplace of Optimism (OP), another Ethereum layer 2 scaler. Aerodrome’s native token, AERO, is up over 69% in the last 24 hours. The 1113th largest cryptocurrency asset by market capitalization is trading at $0.0747 at the…
partBitcoin ETFs are securities that aim to track the price of Bitcoin.It can provide a simpler way to invest in Bitcoin for people who don’t have a wallet or exchange account.There are different types of ETFs that operate in different ways, including futures and spot.In early January 2024, the SEC approved the public trading of several spot Bitcoin ETFs, including options such as iShares Bitcoin Trust (IBIT), Grayscale Bitcoin Trust (GBT), and Fidelity Wise Origin Bitcoin Fund (FBTC).Risks, benefits, and regulatory issues are just a few things to consider when considering a Bitcoin ETF as an investment.Many financial assets have…
Grand Cayman, Cayman Islands, January 25, 2024, Chainwire Gaming, e-commerce, and DeFi applications are leveraging Sui’s single social authentication, removing the biggest obstacle blocking web3’s mainstream audience. Sui, the fast-rising layer 1 blockchain created by the leaders of Facebook’s Diem project, today announced that more than 10 decentralized applications (dApps) in the Sui ecosystem have integrated zkLogin, the first native building block to make Web3 logins: Just log in with your familiar web credentials, like Google or Twitch. Sui continues to evolve zkLogin, adding additional features such as new providers and multi-signature capabilities. Thanks to the recently added features, it…
Posted 1 minute ago In ~ Cryptocurrency mining equipment manufacturer Canaan has raised more than $50 million through preferred equity financing to strengthen its research and development capabilities and scale up production.Nasdaq listed company has been made public. filing This week, it raised capital from institutional investors by issuing and selling up to 125,000 shares of Series A convertible preferred stock. The company did not reveal the name of the investor.“The company plans to use the net proceeds from the sale of the securities for research and development, expansion of production scale, and other general corporate purposes,” Canaan said in…
Rupert Cowper-Coles, a partner at law firm RPC, which represents McCormack, said: “We have actually only just found out about this, but late last year the Supreme Court refused leave to Craig Wright’s appeal.” “So they are very pleased that the judgment of nominal damages of £1, which Craig had tried to appeal twice but failed, stands.”
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For our latest podcast episode, we had the pleasure of hosting Justin Sun, founder of Tron and advisor to HTX. Justin provided valuable insight on a variety of topics. He began by discussing the impact of the US Bitcoin ETF approval on the cryptocurrency industry. The conversation then shifted to the ongoing debate between decentralized and centralized exchanges, emphasizing the important role of transparency and decentralization in cryptocurrency platforms. Justin further shed light on the concept of democratic governance for cryptocurrency exchanges. The episode concluded with a discussion of the emergence of new governance platforms, using HTX DAO as a…