Bitcoin ETFs need time to be ‘instrument of adoption’ — Bianco Research CEO
Bianco Research CEO Jim Bianco says the next Bitcoin halving in 2028 and significant development of onchain tools are needed for wider ETF adoption.
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MoneyGram faces lawsuit over alleged false statements regarding XRP
Ripple partner MoneyGram is facing a lawsuit alleging the firm issued misleading statements and failed to disclose XRP's status as an unlicensed security. 3610 Total views 13 Total shares Payments company MoneyGram International has been sued over alleged false statements, made regarding its partnership with Ripple Labs and their XRP cryptocurrency.The class action lawsuit, filed…
20-Year Old Hacker Pleads Guilty to $5 Million Cryptocurrency Theft
After stealing $5 million in cryptocurrency from 40 victims through SIM swapping, 20-year-old Joel Ortiz, pleaded guilty to theft and accepted a plea deal of 10 years in prison as reported by Motherboard, a division of news outlet VICE, on Feb 1.Ortiz accepted the plea deal last week, according to Erin West, the Deputy District…
Securities and Exchange Commission Plans to Hire in-House Crypto Specialist
The United States finance regulator, the Securities and Exchange Commission (SEC), is hiring a dedicated staff member to provide expertise on cryptocurrency, a job application that originally appeared on April 5 confirms.The SEC, which continues to iron out policy regarding U.S. domestic treatment of cryptocurrency tokens, will pay up to $239,000 per year for its…
Here’s how Bitcoin’s intraday volatility complicates leverage trading
The crypto sector is in a bull market, and frequent evidence comes from anonymous traders who post their five-, six- and seven-figure investment returns as screenshots on Crypto Twitter.This condition creates a FOMO-like situation where everyone gets greedy. The temptation to boost potential earnings by twenty times or more is often irresistible for most novice…
Goldman Sachs CEO: Regulators should be ‘hyperventilating’ at Bitcoin’s success
The CEO of Goldman Sachs believes regulators will not be able to monitor the financial system if Bitcoin is allowed to flourish in its present form. 505 Total views 6 Total shares Goldman Sachs senior chairman Lloyd Blankfein has stated that regulators should be “hyperventilating” in response to Bitcoin’s recent success, characterizing the crypto asset…
Finance Redefined: Parachute journalism on the frontlines of DeFi! May 19-26
As a kid who grew up in a podunk-nothing, mid-sized American city, I know what it’s like to read parachute journalism covering topics and stories close to my heart. Some bad news for my fellow DeFi brethren: you’re all about to get a taste of that feeling, too. A colloquialism for when reporters tackle material outside…
Tornado Cash co-founder reports being kicked off GitHub as industry reacts to sanctions
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China Blacklists Blockchain Company From Exporting Medical Supplies to Other Countries
The Chinese government has banned state-backed blockchain firm, Tus Data Asset, from exporting medical supplies to countries dealing with the COVID-19 pandemic.According to the local newspaper The Global Times, the Beijing-based company was blacklisted on April 15 by the Ministry of Commerce because they “distorted” the nation’s image by selling poor-quality products. They additionally apologized…