Gemini reaches settlement with IRA Financial Trust over $36M exploit

Executives at Bitwise Asset Management are highly optimistic as the deadline for the United States Securities and Exchange Commission’s (SEC) decision on their proposed Bitcoin (BTC) exchange-traded fund (ETF) looms on the horizon.Days ahead of the Oct. 13 deadline, an Oct. 7 CNBC report cites Matt Hougan, managing director and global head of research at…

Experts in the financial market and the crypto industry foresee a major stock market correction unfolding in the short term. Given the high correlation of Bitcoin (BTC) with stocks observed in the past three months, there is a strong possibility that Bitcoin could follow suit.The United States stock market has seen extreme volatility after the…

The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape. 572 Total views 22 Total shares The Digital Pound Foundation (DPF), a group of technology, innovation, and regulatory experts, has announced its launch as an independent non-profit organization in the U.K.According to a release issued on…

"The lack of real-world applications for blockchain has led to low demand for non-USD stablecoins," e-Money wrote. 156 Total views 3 Total shares Own this piece of history Collect this article as an NFTAccording to a post on January 9, e-Money — a stablecoin project in the Cosmos ecosystem — said it would discontinue the…

More details appear to have leaked regarding Reddit’s rumored Ethereum (ETH)-based “Community Points” system. A video posted to the platform purports to show a draft of FAQ copy explaining how the system will work.If authentic, the video appears to confirm that Reddit is preparing to launch a reputational currency on Ethereum.Video claims to confirm Reddit’s…

Cuba is seeing an influx of cryptocurrency activity amid an apparent absence of related regulation in the country, according to senior executives at local crypto firms.In early November, Cuba recorded a major spike in Bitcoin (BTC)-related Google queries, indicating an increase in crypto activity in the country. Founders of major local crypto exchanges Qbita and…

The group stressed that publicly revealing the names and private information of customers runs the potential risk of identity theft, targeted attacks and “other injury.” 56 Total views 1 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTA group of non-U.S. FTX customers are pushing to have their names and private information…

Some of Twitter’s C-suite has reportedly been flushed out by the company’s new owner with its CEO, CFO, and legal head all sacked on Elon Musk’s first day at the helm. 310 Total views 2 Total shares Elon Musk reportedly finalized his $44 billion takeover of social media platform Twitter on Oct. 27 and has…

The co-founder of the French tech unicorn discussed major innovations that could come as a result of developments in the NFTs industry. 81 Total views 5 Total shares Web Summit 2021, the biggest tech conference in the world, kicked off on Monday in Lisbon, Portugal, and will last until Nov. 4, 2021. In an opening…