SEC approves options for BlackRock's spot Bitcoin ETF
The SEC notice seemed to be an industry first after the commission approved the listing and trading of spot Bitcoin exchange-traded funds on US exchanges in January.
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Terraform Labs donates $1.1B for Luna Foundation Guard’s reserves
High demand for UST has led to a pool imbalance on Curve Finance, requiring intervention. 957 Total views 6 Total shares On Friday, Do Kwon, founder and CEO of Terraform Labs (TFL), which develops the blockchain ecosystem consisting of Terra Luna (LUNA) and the TerraUSD stablecoin (UST), announced that TFL had donated 12 million LUNA…

US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime
A wallet that contained Bitcoin associated with the 2021 seizure from an individual who stole crypto from the Silk Road marketplace has moved.

AI deepfake tool on ‘new level’ at bypassing crypto exchange KYC: Report
The new AI-powered tool, customized specifically to target crypto exchanges and financial platforms represents “a new level of sophistication” in fraud, says cybersecurity firm Cato.

Risky business: Celsius crisis and the hated accredited investor laws
Accredited investor laws are the bane of many in the crypto industry, who see them as preventing small investors from accessing big opportunities. When Celsius was recently forced to cut off access to U.S. citizens who were not accredited investors, many cried foul.Did it help some users avoid the current crisis? Or do accredited investor…

Treasury to launch financial education initiative around crypto investments
More education and awareness for crypto asset investing “would be helpful” according to Treasury officials. 1010 Total views 5 Total shares The United States Treasury Department is launching a new initiative to raise awareness of the risks involved in investing in digital assets.The move comes as the asset class transitions from a niche market into…

Cybersecurity Firm Releases WannaCryFake Bitcoin Ransomware Fix
Cybersecurity firm Emsisoft has released a solution for Bitcoin (BTC)-demanding ransomware WannaCryFake.Pay Bitcoin in return for your dataIn a Sept. 25 blog post, Emsisoft announced that they are releasing a new free fix for the WannaCryFake ransomware bug. The WannaCryFake is the next version of the WannaCry worm, a type of malicious software program that…

How Terra’s collapse will impact future stablecoin regulations
The collapse of the Terra ecosystem, which subsequently depegged its algorithmic stablecoin TerraUSD (UST) value and crashed it to an all-time low of $0.30, has cast doubt over the future of not just algorithmic stablecoins but all stablecoins in general.UST’s success and stability were intertwined with its sibling, LUNA, which creates arbitrage opportunities that, in…

Kraken-CertiK saga turns murky as part of exploited funds go ‘missing’
Kraken is planning to take legal action against security firm CertiK as the "white hat" operation by security firm turns into a legal blunder.