Solana ETF 'still in play' despite Cboe filing removal — VanEck exec
VanEck is still advocating for its Solana ETF with regulators, said Matthew Sigel.
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MetaMask rolls out NFT portfolio value tracker with new partnership
Through a recent partnership with NFTBank, a new MetaMask wallet utility will allow users to track the value of their NFT collections. 341 Total views 4 Total shares MetaMask users will now have the ability to track the value of their nonfungible token (NFT) portfolio through its latest product. The wallet provider announced a new…
Step by step: How crypto fraud and security breaches are investigated
It’s every exchange’s worst nightmare: Falling victim to a security breach. An incident can disrupt a trading platform’s operations for weeks, affect customer confidence and damage a carefully cultivated reputation — even causing crypto markets to fall in some cases.Crypto companies have been ramping up their security measures in recent years, determined to ensure that…
Could Blockchain Technology Prevent the Next Financial Crisis?
A central bank’s role is to manage a nation’s currency, money supply and interest rates. The United States did not have a central bank until 1913, when Woodrow Wilson signed the Federal Reserve Act into law. Since then, the Federal Reserve has been accountable for the elasticity of the U.S. economy through the expansion and…
New Blockchain Project Lets Users Choose Their Renewable Energy Source
Australian blockchain firm Power Ledger and French green energy retailer ekWateur are betting that consumer choice can help spur the transition to sustainable energy usage.In an announcement on April 1, the two firms revealed that they will be offering almost a quarter of a million French residents the opportunity to customize their energy mix, using…
Blockchain Exec Says Decentralized Platforms Won’t Necessarily Replace YouTube
While decentralized platforms provide a viable alternative to YouTube, Theta Labs' Wes Levitt believes there is still a place for centralized platforms. YouTube’s bans on crypto-related content has been problematic for the industry and is spurring demand for decentralized alternatives.However, according to Wes Levitt, head of strategy at Theta Labs — the firm behind Theta.tv…
FTX’s collapse could change crypto industry governance standards for good
The crypto market is often referred to as the Wild West of the finance world. However, the events that have unfolded within this space recently would put to shame even the hardiest of cowboys from the day of yore. As a quick refresher, on Nov. 8, FTX, the second-largest cryptocurrency exchange in the world till about…
Morgan Creek-Backed DLT Equity Loan Platform Figure Secures $1 Billion Financing Facility
Morgan Creek-backed blockchain equity loan platform Figure has completed a $1 billion “uncommitted” financing facility via blockchain, the firm announced in a press release on May 9.Custodied on Figure’s blockchain platform Provenance.io, the new facility was closed along with major global investment banking firm Jefferies and multi-billion dollar financial services company WSFS Financial Corporation.According to…
US FTC Settles With Alleged Crypto Pyramid Scheme for $500,000
The United States Federal Trade Commission (FTC) has settled charges it filed in 2018 against an alleged crypto pyramid scheme involving four individuals.Terms of settlementAccording to an official statement on Aug. 22, the regulator permanently banned the defendants from multi-level marketing and misrepresenting investment opportunities and charged a total of over $500,000 as part of…