Australian regulators are set to require local businesses to disclose any ransomware cyberattacks on their operations, aiming for greater transparency in the face of escalating cyber threats. The move comes as the country’s economy suffered a staggering $2.59 billion loss to cybercrimes in 2021. The upcoming national cybersecurity strategy, slated for unveiling this week, will […]
Summary: Grayscale’s Solana Trust Shares (GSOL) have surged, doubling in value to reach an impressive $202, indicating a surge in institutional interest in Solana. The GSOL shares are trading at a remarkable 784% premium over Solana’s token price of $55. Grayscale’s Role in the Crypto Market: Grayscale, a significant player in the U.S. for institutional […]
MicroStrategy co-founder and renowned Bitcoin advocate Michael Saylor anticipates a substantial surge in Bitcoin demand, potentially reaching up to 10 times its current level within the next 12 months. Speaking at the 2023 Australia Crypto Convention on November 10, Saylor shared his insights on the future trajectory of Bitcoin. Saylor began by highlighting Bitcoin’s evolution […]
Summary: BlackRock, a major investment management firm, has raised concerns over the U.S. Securities and Exchange Commission’s (SEC) unequal treatment of spot-crypto and crypto-futures exchange-traded fund (ETF) applications. The firm’s application for a spot-Ether (ETH) ETF, named the “iShares Ethereum Trust,” questions the SEC’s basis for consistently rejecting spot crypto ETFs while approving crypto futures […]
John Deaton, a well-known attorney representing XRP holders in the SEC vs. Ripple case, predicts that the United States could potentially approve Bitcoin ETFs by late 2023. This forecast coincides with the anticipated Bitcoin Halving and key Federal Reserve decisions expected in the second or third quarter of 2024. If approved, the Bitcoin ETFs could […]
In the past week, the crypto market is still in a positive trend with Bitcoin (BTC) showing resilience by moving around the USD 35,000 resistance level. What is interesting is the significant increase experienced by altcoins, signaling further growth in the near future. On Tuesday, November 7 2023 at 08.00 WIB, bitcoin was at USD […]
The Central Bank of the United Arab Emirates (CBUAE) recently issued new guidelines for virtual asset service providers (VASPs) in the country, aiming to crack down on unlicensed operations. The move comes as part of the UAE’s efforts to improve its standing on the Financial Action Task Force’s (FATF) “grey list.” The published guidelines outline […]
Binance, a leading cryptocurrency exchange, has unveiled its latest Web3 wallet feature, now accessible to all its users through the Binance mobile app. The launch took place during the Binance Blockchain Week conference in Istanbul, where CEO Changpeng “CZ” Zhao highlighted the significance of the new service. In his statement, CZ emphasized the broader role […]
In an X post, US Securities and Exchange Commission Chairman Gary Gensler reminded crypto companies to comply with securities laws, by not defrauding investors. Gensler did this to commemorate the 15th anniversary of the Bitcoin whitepaper. Gensler also asked whether the creator of the first cryptocurrency Bitcoin, Satoshi Nakamoto, could be identified in a Halloween […]
The prices of Bitcoin and other top cryptocurrencies were observed to experience mixed movements on Friday (3/11/2023). The majority of top cryptocurrencies were observed to be in the red zone again. Based on data from Coinmarketcap, the cryptocurrency with the largest market capitalization, Bitcoin (BTC), weakened 1.40 percent again in 24 hours, but still strengthened […]