The crypto, intended as a blow against U.S. sanctions, was never accepted at home or abroad and was crippled by scandal.
After securing the option to acquire Valkyrie’s crypto unit in November 2023, CoinShares is exercising the option after Valkyrie’s spot Bitcoin ETF listing on Nasdaq.
The firm says the cuts were necessary to consolidate the team and "focus on a narrower and higher-impact set of activities."
Binance, KuCoin and eight other crypto exchange applications were blocked by Apple App Store India weeks after the Indian Finance Ministry’s notice against nearly a dozen foreign non-registered crypto exchanges.
The minimum inflation rate for ATOM could potentially be reduced to 0% per annum.
The platform announced that it would drop the price of gold checkmarks to $200 monthly, while a cybersecurity firm reported scammers had been taking advantage of the verification.
Mercari has become a gateway for crypto adoption in Japan after launching several crypto-focused products and services on its platform.
A mainnet is the functional blockchain network where actual transactions occur, distinguishing it from test versions or experimental networks.
A company or a government might attempt to buy a significant amount of Bitcoin, but it will likely get tricky pretty soon, as the price will only continue to rise, analysts say.
The SEC has until Jan. 10 to rule on the ARK 21Shares Bitcoin ETF application.
WalletChat chief technology officer Kevin Larson breaks down crypto wallet security for newbies. He argues that going slow is an underrated yet important strategy for maintaining safety.
To avoid future coordinated attacks with similar tactics, dYdX said it had improved its v3 trading platform to enhance open-interest monitoring and alerts.
The Legal Daily calls cryptocurrency an easily hidden means for bribery and discusses measures need to crack down on it.
The crypto market sell-off on Wednesday coincided with the release of a skeptical report by Matrixport analysts on the approval of a Bitcoin spot ETF.
Goldbug Peter Schiff warned that spot Bitcoin ETF approval could collapse the BTC market, while Matrixpoint says SEC greenlight unlikely before Q2, despite general optimism.
MicroStrategy and Coinbase marked 6% and 9% gains respectively, before the bell in New York
XRP lawyer John Deaton questioned whether being named an authorized participant (AP) by BlackRock was an attempt to mislead the public or engage in gaslighting.
The prime minister shared a video of himself being interviewed, created by scammers to promote “hands-free crypto trading.”
The Wall Street asset managers are considered front-runners in the race to land the first U.S. spot Bitcoin exchange-traded fund.
The SEC wants to minimize the number of intermediaries in spot Bitcoin ETFs to make them a “little more controllable,” Bloomberg ETF analyst Eric Balchunas said.
In addition, users are capped at a notional value of $90,000 for all 10x contracts.
African nations were busy introducing various initiatives for cryptocurrencies in 2023. Read about the most significant innovations and crypto-related progress made during the year.
Out of 43 countries analyzed by PwC, as many as 25 jurisdictions had stablecoin regulations in place in 2023.
Nathaniel Luz, Flincap’s co-founder and CMO, highlighted that following the ban’s removal, institutional exchanges should prepare for the Nigerian market.
Currently, the Base network achieves a daily transaction speed (TPS) of 3.45, with over 6.97 million transactions completed in the last 30 days.
Hong Kong’s Securities and Futures Commission said cryptocurrency transactions conducted by ETFs must occur through SFC-licensed crypto platforms or authorized financial institutions.
According to the survey, over 50% of federal agencies currently use blockchain analytics tools, but only 11% of state agencies do.
The judgment was first made in August and has now been cleared to take effect, according to a filing in the U.S. District Court of Appeals for the Ninth Circuit.
In Nigeria, stablecoins have become the favored cryptocurrency because they’re tied to a widely accepted asset, the U.S. dollar, providing a hedge against inflation and the devaluation of the naira.
The partnership allows Alchemy Pay users to access Worldpay’s Visa and Mastercard payment rails.