Bitcoin Is Poised to Reclaim Crypto’s Spotlight: Berenberg

Nearly seven years ago, the Securities and Exchange Commission (SEC) denied the first spot bitcoin exchange-traded fund (ETF) application, citing the risk presented to investors by market manipulation. It would become a familiar refrain for the countless rejections that followed.The regulator's got some explaining to do.Tuesday's bogus tweet from the SEC's official X (formerly Twitter)

May 27, 2020 at 13:19 UTCThe total number of bitcoins held in cryptocurrency exchanges wallets dropped to an 18-month low to just above 2.3 million on Monday, according to data estimates from Glassnode. The decline marks an 11% year-to-date reduction in the number of bitcoins held by exchanges. Meanwhile, over the same period, the amount…

North Korea's infamous hacking group, dubbed Lazarus, has managed to steal over half a billion dollars in cryptocurrencies, a report indicates. According to an article published Friday by The Next Web, the coming annual report from cybersecurity vendor Group-IB sets out that Lazarus was behind 14 hacks on crypto exchanges since January 2017, reaping a massive $571…

news Digital travel agent Webjet has launched its long-in-development blockchain-based platform in a bid to remove disparities in hotel booking data. Working in conjunction with Microsoft through the firm’s Azure blockchain-as-a-service sandbox since 2016, Webjet said Thursday the new Rezchain application will address hotel reservation snafus and overcharges by looking for data mismatches in real-time between…

NEWS Oct 19, 2018 at 14:00 UTC A global money-laundering watchdog has said it will begin publishing rules for international cryptocurrency regulation by next summer. According to a Reuters report Friday, the Financial Action Task Force (FATF) – the France-based intergovernmental body founded in 1989 to develop policies for tackling money laundering – said that global jurisdictions will…

It wasn’t supposed to be possible. Yet, with the advent of Ordinals and BRC-20, the Bitcoin network is seeing an influx of major developments that have unlocked BTCFi — DeFi using Bitcoin as its primary asset. This has brought new capabilities to a network traditionally known for its transactional simplicity, with the total market cap

Two weeks ago, the Wall Street Journal reported that the U.S. Securities and Exchange Commission (SEC) thought the recent spate of applications for spot bitcoin exchange-traded funds (ETF) were inadequate because they weren’t clear and comprehensive.The SEC wanted the filings to name the exchange that would carry out the surveillance-sharing agreements (SSA) mentioned in the…

A group of crypto investors and developers lost a lawsuit funded by Coinbase that sought to argue the U.S. Treasury Department overstepped its authority in sanctioning Tornado Cash, a mixing service designed to make crypto transactions anonymous.Tornado Cash is an actual entity in itself, which has a property interest in its smart contracts, wrote Judge…

Sep 25, 2020 at 14:00 UTCUpdated Sep 25, 2020 at 14:28 UTCMicroBT's Southeast Asia production center image via MicroBTChinese bitcoin miner manufacturer MicroBT is looking to grab a bigger slice of the U.S. market by setting up its first overseas production center.The company said on Friday that it has partnered with New York-based Foundry Digital…