VanEck Ethereum ETF receives SEC green light
After three years of filings, the VanEck Ethereum ETF has received SEC approval, offering investors a regulated way to gain exposure to Ether in the US.
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Phishing Attack on Electrum Wallet Nets Hacker Almost $1 Million in Hours: Report
A reportedly ongoing hack against cryptocurrency wallet Electrum has seen a malicious party steal almost 250 Bitcoin (BTC) (about $937,000), commentators reported on social media Dec. 27.Subsequently confirmed by Electrum itself, the attack consists of creating a fake version of the wallet that fools users into providing password information.“The hacker setup a whole bunch of…
China Passes First-Ever ‘Crypto Law’ Going Into Effect January 2020
The Standing Committee of the 13th National People's Congress in China has passed a new law regulating cryptography on Oct. 26 that will take effect on Jan. 1, 2020, reports local news outlet CCTV. Per the report, the new regulatory framework aims to set standards for the application of cryptography and the management of passwords. The…
WordPress adds official Ethereum ad plugin
Online advertising is going crypto with Ethereum. A new crypto plugin will allow WordPress publishers to receive ad earnings directly into their Ether (ETH) wallets, according to a Dec. 10 plugin description posted on the WordPress’ official website.Called “EthereumAds,” the plugin will enable content publishers to auction advertisement space for ETH using smart contracts. “After…
Crypto brokerage FalconX raises $150M at $8B valuation
FalconX is the latest cryptocurrency firm to secure millions of dollars in fresh funding despite the cryptocurrency markets experiencing a major decline. 122 Total views 3 Total shares Despite the ongoing bearish trend in cryptocurrency markets, venture capital firms continue pouring capital into major industry players like FalconX.FalconX, the institutional-level digital asset platform and crypto…
Crypto speculations simmer after cryptic posts on X
The crypto community on X is on edge over cryptic posts by Ripple’s chief technology officer and X itself. 529 Total views 2 Total shares The crypto community on X (formerly Twitter) has been thrown into a series of guessing games by a couple of cryptic posts.One of the posts was made by David Schwartz, Ripple’s
Former Chinese Official Says CBDC Will Pave Way for Digital Stocks
A former Chinese official says the development of a digital currency will lay the foundation for the birth of digital stocks. 291 Total views 3 Total shares Xiao Gang, the former chair of the China Securities Regulatory Commission, says in his latest book on China capital market reforms that the development of a central bank…
Pakistan Plans New Digital Currency Regulations Following FAFTA’s Urging
Pakistan is implementing new cryptocurrency regulations in an effort to improve its track record fighting financial crime, English-language Pakistani news outlet The Express Tribune reported on April 1.Pakistan, which is seeking to reduce perceived levels of crime such as money laundering and terrorist financing, will now introduce a licensing scheme for electronic money institutions. According…
Binance.US faces class-action lawsuit over LUNA and UST sale
The lawsuit could be the first of many for the U.S.-listed crypto exchanges that offered LUNA or UST to customers. Binance.US, the sister company of global cryptocurrency exchange Binance, is facing a class-action lawsuit from investors for the sale of LUNA and TerraUSD (UST).A group of investors filed a class-action lawsuit in the Northern District of…