Introduction The United States Securities and Exchange Commission (SEC) has once again postponed its ruling on the proposed Invesco Galaxy ether exchange-traded fund (ETF). The decision has now been pushed to potentially July 2024 after the SEC opened the proposal to public comments. This delay affects the application by investment giants Invesco and Galaxy Digital, […]
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The chief of South Korea's financial watchdog is planning a visit to the United States in order to discuss cryptocurrency regulation with Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC). The focus of the discussion will be on the recent approval of spot bitcoin exchange-traded funds (ETFs) by the SEC. The
South Korean Regulator to Discuss Crypto Regulation with US SEC Chair Gary Gensler Read More »
Self-Directed Gold IRAs are fantastic because they let you place your money in the precious metals, without having to deal with any middlemen. In fact, these accounts are so simple that your grandmother could manage it! When you buy physical silver, gold platinum, palladium, and bar, rounds and bullion, you get immediate liquidity. However, if
The former financial officer of Terraform Labs, Han Chang-joon, has been extradited to South Korea to face fraud-related charges. The Montenegro police confirmed that the decision to extradite Han was made by the country's Justice Ministry. This comes after Han and Terraform Labs co-founder Do Kwon were arrested while trying to flee the country nearly
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Introduction The sale of Taproot Wizards' Quantum Cats non-fungible tokens (NFTs) has been a tremendous success, accumulating 268.3 bitcoin, equivalent to $11.3 million at the current market value. Despite initial technical challenges that caused a delay in the sale, a total of 2,681 Quantum Cat NFTs have already been sold. Taproot Wizards' Quantum Cats NFT
Taproot Wizards’ Quantum Cats NFT Sale Raises 268 Bitcoin Before Public Release Read More »
Introduction A shocking revelation has come to light regarding a fraudulent scheme orchestrated by senior officials Jeffrey Menge and Eric Drabert at the Patterson Joint Unified School District. The duo exploited the district's resources for personal gain, including running an illegal cryptocurrency mining operation. The U.S. Department of Justice (DOJ) recently disclosed this fraudulent activity.
The Concerns Raised by JPMorgan JPMorgan, a global investment bank, has issued a warning regarding the potential risks associated with Tether's lack of regulatory compliance and transparency. According to JPMorgan analysts, this poses an increased risk to the overall crypto market. They further explained that stablecoin issuers who have been more compliant with existing regulations
Introduction With less than 80 days until Bitcoin's fourth halving event, the cryptocurrency community is buzzing with anticipation. As we approach the scheduled date, speculation arises about how this halving will differ from its predecessors. The Fourth Bitcoin Halving According to current statistics and Bitcoin's intended ten-minute block average, the fourth halving is approximately 78
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Top-Performing NFT Collections Despite a two-week decline in NFT sales, the past week has seen a significant 3.74% increase, totaling $236,234,800. Breaking the pattern of consecutive weeks marked by declining sales, this rise brings a glimmer of hope to the NFT market. The top-performing NFT collection this week was Bitcoin's "Uncategorized Ordinals," which achieved a
NFT Sales Defy Recent Downtrend with 3.74% Increase Read More »
The Central Bank of Nigeria (CBN) recently announced the removal of caps on naira payout rates for international money transfer operators (IMTOs). This policy change aims to further liberalize the foreign exchange market and has already had an impact on the naira's value. Policy Adjustment for IMTOs Prior to this change, IMTOs were required to
Central Bank of Nigeria Removes Caps on Naira Payout Rates Read More »