New York AG reaches $2B settlement with Genesis 'for defrauded victims’
The attorney general’s office filed a lawsuit against Genesis in October 2023 for allegedly defrauding investors through the Gemini Earn program.
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The metaverse is testing the limits of what is legally possible
While digital events and spaces have become increasingly common over the last few years, is digital reality the right place for all types of gatherings, such as court proceedings? 354 Total views 24 Total shares Own this piece of history Collect this article as an NFTIt’s no secret that over the last few years, many physical…
Investment Firm Morgan Creek Launches Digital Asset Index Fund Excluding Pre-Mined Cryptos
Morgan Creek Digital, backed by the institutional investment house Morgan Creek Capital with $1.5 billion in assets under management , has launched a new Digital Asset Index Fund in partnership with Bitwise, Forbes reports August 28. The new fund will give accredited investors, endowments, pensions and other approved institutional investors the possibility to gain indirect…
Bakkt Announces First Regulated Options Contract for Bitcoin
Bakkt announced on Oct. 24 that it will be launching the first regulated options contract for Bitcoin (BTC) futures on Dec. 9.Bakkt options contract is certified with CFTCAccording to the Bitcoin futures exchange, the key features of the Bakkt Bitcoin Options contract include capital efficiency, cash or physical settlement, European-style options, low fees, as well…
Praxis gets $525M for utopic crypto, AI-friendly city
Praxis, a self-described internet-native alliance, said it received $525 million in funding to build a lesser-regulated tech-friendly city.
Bitcoin bears have plenty of reasons to hold BTC price below $32,000
Since May 10, the Bitcoin (BTC) chart shows a relatively tight range of price movement and the cryptocurrency has failed to break the $32,000 resistance on multiple occasions.BTC-USD 12-hour price at Coinbase. Source: TradingViewThe choppy trading partially reflects the uncertainty of the stock market as the S&P 500 Index ranged from 3,900 to 4,180 in…
SEC decision on Bitcoin ETFs won’t leave out Wall Street giants
The Securities and Exchange Commission's (SEC) delay in deciding whether to approve a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States is fueling expectations that a final verdict will come in a batch that includes key players on Wall Street, including BlackRock and Fidelity. "There’s a tremendous amount of pressure on the SEC to…
Crypto Aid Israel raises $185K, distributes aid to 4 organizations, in 10 days
The organization is a collective of Israeli Web3 community members and international companies striving to alleviate suffering in the south of Israel. 119 Total views 2 Total shares The Crypto Aid Israel collective has raised over $185,000 since its creation less than two weeks ago and has distributed aid to several humanitarian groups. The organization has
‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin
Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022. 414 Total views 50 Total shares The Russian government-backed tokenization platform Atomyze has issued its first digital asset backed by palladium in collaboration with the local bank Rosbank.Rosbank officially announced on Monday…