Wisdomtree debuts debit card spending for onchain money fund
The card links to WisdomTree’s WTGXX onchain money fund, which yields 4.6% APR.
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Ether staking withdrawal schedule removal faces harsh criticism
Twitter users called out the removal of the ETH staking timeframe and with one describing staked ETH as a “non-redeemable” investment. 659 Total views 14 Total shares Days after Ethereum turns deflationary for the first time since shifting to proof-of-stake (PoS), critics have started to highlight the Ethereum Foundation’s removal of Ether (ETH) staking’s withdrawal…
UK House of Lords passes bill to seize stolen crypto
During the bill’s review phase, the House of Lords agreed on certain amendments to clarify its intent of targeting monetary proceeds from fraud or other financial crimes. 307 Total views 3 Total shares A bill that aims to expand the ability of authorities in the United Kindom to target illicit cryptocurrency usage has been pushed
Senator Lummis sends letter to Biden urging no veto for SAB 121 repeal
The Senator pointed to the troubling manner in which the Securities and Exchange Commission issued its controversial staff accounting bulletin.
Amended Ripple Class-Action Covers Possibility XRP Is Not a Security
An amendment to the class-action lawsuit against Ripple, filed March 25, included additional claims of false advertising and unfair competition, “under the alternative theory that XRP is not a security.”The disgruntled investors’ sixth and seventh claims for relief would appear to be a direct hedge in the event that the judge rules against the original…
QuadrigaCX Victims Request Proof of Gerald Cotten’s Death by Exhuming Body
Canadian law firm Miller Thomson has made a request to the Royal Canadian Mounted Police (RCMP) to conduct an exhumation and post-mortem autopsy on the body of Gerald Cotten, the deceased owner of the now-defunct Canadian crypto exchange QuadrigaCX.On Dec. 13, the Miller Thomson lawyers explained in a letter to the RCMP that the request…
US SEC Approves BTC Futures Fund to Offer Shares to Institutional Investors
Bitcoin (BTC) futures-focused NYDIG Bitcoin Strategy Fund has procured approval from the United States Securities and Exchange Commission (SEC), entitling it with the right to offer its shares to institutional investors.According to an SEC filing that came into effect on Dec. 2, the New York Digital Investment Group LLC (NYDIG) is now authorized to offer…
Former JPMorgan exec joins Ripple’s board
CEO Brad Garlinghouse said O’Connor’s experience would help Ripple build “a more inclusive financial system.” 337 Total views 3 Total shares Sandie O’Connor, the former chief regulatory affairs officer at banking giant JPMorgan, is joining Ripple’s board of directors.According to a Ripple blog post published yesterday, O’Connor will “provide counsel on key government relations and…
Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program
According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations. Own this piece of history Collect this article as an NFTBlockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). The…