VanEck, an asset management company with headquarters in New York, once again needs to wait for the United States Securities and Exchange Commission (SEC) to render a decision about its most recent application for a Bitcoin exchange-traded fund (ETF). On June 24, Van Eck, which manages more than $65 billion in assets, submitted its most … Read more
According to a report from Bloomberg News dated August 24, the High Court of Singapore has given the liquidators of Three Arrows Capital, Teneo, the authority to secure and liquidate the company’s assets in the country. According to this report, Teneo is now authorized in Singapore to make requests to access assets and financial documents … Read more
Cryptocurrency regulators in Australia are seeking to do something that no other government has ever done before. The Australian Treasury issued a statement on Monday announcing a multi-step strategy for establishing a crypto regulatory regime that it asserts is more comprehensive and effectively than those previously developed “anywhere else in the world.” The statement refers … Read more
The recent market crash has caused the financial world to be hesitant to trade Bitcoin. However, several small British Overseas Territories, the Channel Islands, silently provide tax incentives to potential investors to move their investments into crypto. This is happening while the rest of the world is hesitant to trade Bitcoin. Jersey and Guernsey, the … Read more
The catastrophic meltdown that occurred in the cryptocurrency market in May is still being investigated for its far-reaching consequences. Bitcoin mining company Stronghold disclosed yesterday in a quarterly earnings report that it had reached a deal with creditor New York Digital Investment Group (NYDIG) and another partaking broker to give back approximately 26,200 mining machinery … Read more
Cryptography policy non-profit organization Coin Center made the announcement today that it is getting ready to challenge the ban that the United States government has placed on Tornado Cash in court. The advocacy group, with its headquarters in Washington, District of Columbia, stated on Monday that the Office of Foreign Assets Control (OFAC) of the … Read more
Users have voiced their displeasure with the policy of OpenSea, which, according to certain customers, penalizes users who have accidentally acquired previously stolen NFTs. Because of the surge in the number of fraudulent NFT transactions, Web3 platforms are increasingly being obliged to deal with the identification and management of stolen assets. OpenSea has taken the … Read more
KuCoin, a cryptocurrency exchange situated in Seychelles, has cooperated with data aggregator 1inch DeFi to add native token swap capability to its internal wallet. KuCoin has released a decentralized product named KuCoin Wallet Through GameFi, Decentralized Finance (DeFi), and Non-Fungible Tokens (NFTs) functionalities, KuCoin Wallet offers consumers encrypted services for a convenient Web3.0 experience. To … Read more
Bloomberg reports that the sale of the founder of Huobi Group’s controlling interest in the cryptocurrency exchange may be the biggest takeover in the sector since the start of a $2 trillion global crypto crisis. Leon li is negotiating with several investors to sell a stake valued at approximately $3 billion, or 60% of the … Read more
Exchanges such as Binance, FTX, Huobi, and Bybi were among those that were blocked. Uzbek citizens and corporations will be required by law to conduct transactions only with approved cryptocurrency exchanges beginning on January 1, 2023. In order to conduct business within the borders of this nation, cryptocurrency mining pools, exchanges, and custodians are required … Read more