Bitcoin Miner Bitfarms Closes $15M Brokered Private Placement

news Coinbase has hired a new a vice president of business and data to replace Emilie Choi, who was elevated to chief operating officer earlier this year.  The San Francisco-based cryptocurrency exchange picked up Dan Yoo, formerly the chief operating officer of personal finance site Nerdwallet and earlier a vice president of business operations and…

The U.S. Securities and Exchange Commission (SEC) has not approved any spot bitcoin ETF applications as of Tuesday afternoon, despite a tweet from the regulator's X (formerly Twitter) account saying they had been, the agency's chair, Gary Gensler, said.The SEC X account "was compromised," he said on his own X account, and the regulator has

The products on the chopping block include the 21Shares Crypto Layer 1 ETP (LAY1), the 21Shares DeFi 10 Infrastructure ETP (DEFII), 21Shares S&P Risk Controlled Bitcoin Index ETP (SPBTC), the 21Shares S&P Risk Controlled Ethereum Index ETP (SPETH) and the 21Shares USD Yield ETP (USDY), which will all close after the April 6 trading day.…

Bitcoin, the oldest cryptocurrency, on Monday blew past $67,000 for the first time, hitting $67,523.28 in recent trading.The markets have been in a bull mode since the beginning of the October, as the crypto market in total has added nearly $1 trillion to its total value in just a month. At the press time, the…

Asset management giant Fidelity has refiled paperwork for its Wise Origin Bitcoin Trust, a spot bitcoin ETF.The move comes roughly two weeks after BlackRock's (BLK) iShares unit submitted paperwork for the iShares Bitcoin Trust, also a spot bitcoin ETF. Fidelity in 2021 had originally applied to launch the Wise Origin Bitcoin Trust, but that effort…

One of New Jersey's Democratic Senators Bob Menendez was found guilty on Tuesday of accepting bribes as a foreign agent. The crypto community pointed to the irony of Menendez getting convicted for corruption given he had labelled bitcoin as "an ideal choice for criminals." U.S. Senator Bob Menendez (Dem) from New Jersey, a staunch crypto

England's High Court of Justice ruled that Tether's USDT stablecoin is property. The ruling comes as the government proposes a new classification of property that would specifically cover cryptocurrencies. The High Court of Justice for England and Wales said Tether's USDT stablecoin, the largest by market cap, can be considered property in a ruling one

markets XRP has been on the offensive, having ended a 3.5-month-long downtrend with a move to three-week highs. The world’s third-largest cryptocurrency by market capitalization clocked a high of $0.2993 Tuesday, the highest level since Sept. 21, according to CoinDesk’s price index. As of writing, XRP has pulled back slightly and is changing hands at…

NEWS One of the top U.S. financial regulators, the Commodity Futures Trading Commission (CFTC), has released its second guide to understanding smart contracts, with a reminder that the technology is covered under financial rules. Announced Tuesday, the primer is part of agency’s fintech initiative LabCFTC. Described as an “educational tool” rather than official policy, it…