SEC seeks more time to mull options on Ethereum ETFs

A social media account for the People’s Bank of China is warning citizens against illegal fundraising schemes that involve virtual currencies and blockchain. 867 Total views 21 Total shares The Shanghai branch of the People’s Bank of China (PBoC) published an article detailing the signs of a financial scam, mentioning virtual currency and blockchain as…

The Switzerland firm is an independent sister company of Arab Bank plc. 205 Total views 15 Total shares Arab Bank Switzerland announced Tuesday that it will integrate staking, trading, and custody services onto the Tezos blockchain’s native token (XTZ) in a bid to provide a digital asset environment for institutions, corporations, and high net-worth individuals. The…

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Glassnode asserts that Bitcoin investors have been converting BTC into Ether during May. 2851 Total views 22 Total shares According to analysis from on-chain analytics provider Glassnode, the sum of Ethereum on exchanges has fallen to its lowest level for almost two years.Glassnode estimates that just 13.3 million Ether is currently held on centralized exchanges,…

A U.K. tech firm has raised a £1.6 million ($2 million) investment for an app that allows users to send Bitcoin (BTC) using their social media accounts. As reported in the North East Times, Oct. 11, Newcastle company, Block Matrix, received the funds to further develop its Bottle Pay platform.“Allow everyone to use Bitcoin”The Bottle…

Venture capital firms allocated $25.2 billion towards blockchain and cryptocurrency projects in 2021, the highest on record. 221 Total views 2 Total shares American venture capital firm Sequoia Capital has launched a new cryptocurrency fund as part of its ongoing efforts to bootstrap the next generation of promising crypto-focused startups.Bloomberg reported Thursday that Sequoia is…

At Converge22, the Shark Tank host said stablecoins are set to lead to a reduction in friction and fees worldwide. 665 Total views 28 Total shares JPMorgan Chase's CEO Jamie Dimon feels threatened by how the crypto space is disrupting the payment systems, stated the Shark Tank host and multi-millionaire venture capitalist Kevin O’Leary speaking…

The United States Securities and Exchange Commission (SEC) asked the High Court of England and Wales to force Telegram’s former chief investment advisor John Hyman to testify in the case over the firm’s Grams tokens offering.Industry news outlet Coindesk reported on Dec. 7 that the SEC’s request was revealed by documents filed by the regulator…