The U.S. Securities and Exchange Commission (SEC) is actively discussing the potential approval of spot Bitcoin exchange-traded funds (ETFs) with major asset management firms such as Grayscale and BlackRock. Despite ongoing talks, no spot Bitcoin ETFs have received approval, leaving the cryptocurrency market eagerly awaiting the SEC’s decision. Grayscale and SEC: Strategic Meetings Grayscale Investments, […]
Bastion, a pioneering web3 startup simplifying user onboarding for businesses, has appointed Caroline Friedman as its Chief Operating Officer. Friedman, previously Chief of Staff at Kraken and a16z, as well as an Assistant United States Attorney in Major Crimes, transitions to this role after serving as the company’s Head of Operations since February. In her […]
In a recent interview on “The Scoop” crypto industry podcast, Anthony Scaramucci, founder of SkyBridge Capital, shared insights into the transformative impact a federally approved Bitcoin spot ETF could have on Wall Street’s marketing dynamics. Scaramucci, a seasoned Wall Street veteran, highlighted a key aspect often underestimated: the powerful marketing engine of Wall Street. He […]
The hacker responsible for the $46 million KyberSwap exploit has outlined their conditions for returning the stolen funds, and it involves gaining “complete executive control” over Kyber company. In an on-chain message on November 30, the hacker detailed their demands, which include temporary full authority and ownership of KyberDAO, all company-related documents, and both on-chain […]
Google DeepMind’s artificial intelligence (AI) has achieved a significant milestone by predicting the structures of more than 2 million novel chemical materials, presenting potential advancements in real-world technologies. The findings were detailed in a paper published in the Nature Journal on November 29. The AI, developed by DeepMind, utilized data from the Materials Project, an […]
Renowned crypto expert Michael Novogratz, founder of digital asset management company Galaxy Digital, is optimistic about the future of assets like gold and Bitcoin (BTC) due to anticipated shifts in the United States Federal Reserve’s policies. In a recent Bloomberg interview, Novogratz expressed confidence in these assets, predicting that the Fed’s move towards less aggressive […]
In a move to enhance oversight on cryptocurrency holdings, Spain has implemented a new regulation requiring residents with crypto assets on foreign platforms to report their holdings by March 31, 2024. The Spanish Tax Administration Agency, also known as Agencia Tributaria, unveiled Form 721, a dedicated tax declaration form for virtual assets held overseas. The […]
Cryptocurrency exchange Binance has come under scrutiny in the Philippines as the local securities regulator, the Securities and Exchange Commission (SEC), revealed that the platform has been operating without the necessary approval or license. In a warning issued on November 28, the SEC stated that Binance is not authorized to sell or offer securities in […]
World Mobile Group, a global mobile network leveraging blockchain and the sharing economy, has announced that Co-Founder Josh Watkins will assume the role of CEO at Minutes Network. This marks his departure from the position of Chief Information Officer (CIO) at World Mobile after a five-year tenure. Published on November 29, 2023, at 8:00 AM […]
Renowned investor Charlie Munger, the vice chairman of Berkshire Hathaway Inc., passed away at 99, leaving behind a legacy of strong opposition to Bitcoin. His sentiments were shared by his longtime business partner, Warren Buffett, although they held distinct reasons for their skepticism. These views were often aired during Berkshire Hathaway’s annual shareholder meetings, known […]