Mango Markets shuts down following SEC settlement

Investors air their thoughts as to why the SEC should approve the conversion of Grayscale’s BTC Trust into a spot ETF. The U.S. Securities and Exchange Commission has allowed comments and feedback on a proposed rule change that would convert Grayscale’s Bitcoin Trust to a spot-based exchange-traded fund (ETF).A notice of filing a proposed rule…

The government doesn’t want a Chinese version of Elon Musk, an expert said. 1598 Total views 4 Total shares China’s crackdown on cryptocurrencies has reportedly spread to social media. Weibo, China’s Twitter-like microblogging service with over 530 million monthly active users, has reportedly suspended several popular Bitcoin (BTC) and crypto-related content creators on the platform.According…

Cryptocurrency mining hardware manufacturer Bitmain has accused a cryptocurrency project of falsely using its name in the promotion of a product dubbed Mangocoin (MNG).In an Aug. 9 blog post, Bitmain states that it came across a fraudulent use of its brand in the sale of a product dubbed “Bitmain Cloud Miner” and in the promotion…

None of the 21 founding members of the Libra Association, except Facebook, have yet committed any money to support Libra, according to the BBC.$10 million investment initially requiredSince the announcement of the Libra Association Council in June 2019, no financial agreement for the founding partners has been made to date, BBC reports Oct. 23, citing…

Users have sent more than $48 million USD in crypto to government wallet addresses, roughly 24% of the platform’s $200 million goal. 457 Total views 5 Total shares Crypto exchanges FTX and Kuna and staking platform Everstake have partnered with Ukrainian government officials to launch a donation website for users wishing to send crypto to…

Web3 gaming has become one of the hottest trends in the tech world, and not without a good reason. Using blockchain technology to give more control to gamers turned out to be a fascinating idea and catapulted Web3 gaming to the main stage of Web3 space.Web3 gaming applies key principles of blockchain technology - including

The United States Securities and Exchange Commission (SEC) has reached a settlement with Nebulous, the company behind the Sia decentralized cloud storage network.$225,000 in disgorgement and penaltiesOn Oct. 1 the SEC announced in a news release that the charges were settled in the form of a civil monetary penalty without Nebulous admitting or denying the…

NEO-based decentralized exchange (DEX) Switcheo partnered with the Zilliqa blockchain to allow trading of Ethereum- and EOS-based assets on the platform.According to an announcement on March 16, after the launch, Zilliqa token holders will be able to access Ethereum-based assets for the first time. A Switcheo spokesperson also informed Cointelegraph that there are plans to…

Holding Bitcoin (BTC) in treasury will soon become a corporate standard. Wall Street firm MicroStrategy recently made headlines when it decided to allocate a large portion of its treasury to Bitcoin, buying over 21,000 BTC in August and almost 17,000 more in September, making its CEO, Michael Saylor, seem quite prescient already. MicroStrategy stock rallied…