Franklin Templeton launches Ethereum ETF, listed on DTCC
The DTCC listing of the Franklin Templeton Ethereum spot ETF does not guarantee SEC approval of the S-1 filing for a spot Ether ETF.
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$3B Ponzi Scheme Is Now Allegedly Dumping Bitcoin by the Hundreds
Amid a downturn in the cryptocurrency markets, the apparent swathe of Bitcoin sell-offs from a $3 billion Chinese Ponzi scheme could be to blame.On Aug. 14, Dovey Wan — founding partner of blockchain-based investment company Primitive Ventures — called attention to the ongoing mass sell-offs from the fraudulent Chinese investment scheme, dubbed PlusToken.10 million investors…
DCG settlement with Genesis still undecided as 30-day mediation period proceeds
The settlement plan proposed in February would give Genesis creditors 80% recovery of funds but many raised demands, leading to the mediation. 140 Total views 1 Total shares Digital Currency Group (DCG), the parent company of crypto firm Genesis Capital, has reported no solution to its “outstanding intercompany obligations” that could help reimburse creditors.In a…
Corona, Trump, KuCoin, BitMEX: Bitcoin price says keep calm and carry on
Bitcoin (BTC) price appears on the verge of closing another week pinned below the $11,000 resistance but given the major events of the week, things could have been so much worse. Cryptocurrency daily market performance snapshot. Source: Coin360The top-ranked cryptocurrency by market cap held its ground as KuCoin revealed more than $150 million worth of assets…
NBA star Steph Curry asks Twitter for crypto advice
The NBA star tweeted a public call-out to the crypto twitter community to help further his education in the space. 1342 Total views 17 Total shares Following a lucrative $206,000 purchase of a popular Bored Ape Yacht Club nonfungible token, or NFT, last week, NBA all-star Steph Curry has reached out to his 15.5 million…
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Nexo investigation is not political, says Bulgarian prosecutors
A spokesperson for Bulgaria’s chief prosecutors denied claims that the investigation was prompted by the company's political donations. 134 Total views 5 Total shares Own this piece of history Collect this article as an NFTSiika Mileva, a spokesperson for Bulgaria’s chief prosecutors, denied political motivations behind the probe against the crypto lending firm Nexo, according…
European Union pushes forward with first AI framework: Law Decoded, April 24–May 1
Legislators in the European Union have pushed forward with a draft of a new bill designed to keep artificial intelligence technology in check. According to the bill, the high-risk tools will not be banned entirely, though they will be subjected to stricter transparency procedures. In particular, generative AI tools, including ChatGPT and Midjourney, will be…
France may oblige crypto platforms to obtain licenses
French Parliament will discuss the amendment, canceling the favorable treatment of crypto companies, in January 2023. 121 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTFollowing the global trend of tightening the crypto regulation in the aftermath of recent market failures, France may reassess its eased regime of…