“The crypto markets have seen tremendous growth, but also rampant misconduct,” says Gary Gensler.
State of Delaware refers fake BlackRock XRP Trust filing to Department of Justice
The State of Delaware has initiated action against a fraudulent XRP exchange-traded fund (ETF) filing it received, according to reports from Bloomberg on Nov. 14. On Nov. 13, BlackRock appeared to submit a registration to Delware’s Division of Corporations, indicating it is pursuing an XRP exchange-traded fund (ETF). However, later developments revealed that the filing […]
Why this crypto exchange chose to bow out of the Hong Kong market
The decision was made citing “business and market-related considerations.” Rumors of Bitget acquiring or investing in OSL were doing the rounds in the market. Cryptocurrency exchange Bitget decided against applying for a Virtual Asset Trading Platform (VATP) license in Hong Kong. This license is a mandatory requirement for firms looking to offer crypto trading in […]
Friend.Tech Targeted Again: Elaborate Scheme on Phishers Posing as Journalists Uncovered
Blockchain security firm SlowMist has cautioned about a surge in phishing attacks carried out by impostors posing as journalists on the recently launched decentralized social network friend.tech. It was first flagged on October 14, when Twitter user Masiwei reported a malicious code targeting friend.tech for account theft. As per the SlowMist Security Team’s investigation, the […]
Kevin O’Leary Says New Crypto Exchange Will Compete With Binance, Become the Largest Ever To Be Regulated
Shark Tank star Kevin O’Leary says a new crypto exchange is coming that will take business away from the industry’s leading giants. In a new interview with Fox Business, the venture capitalist says the days of the “crypto cowboy” are long gone. O’Leary says that a new firm based in Abu Dhabi called M2 will […]
Blockchain.com $110M funding round halves its 2022 valuation: Report
Despite new investment in the crypto exchange, Blockchain.com’s valuation has more than halved from its $14 billion peak.
Stunning Correlation Emerges Between XRP And XLM, What’s Going On?
On Monday, news quickly spread after a BlackRock XRP ETF filing popped up on the Delaware Corp. Commission website. The filing has since been claimed to be false. But the damage was already done as the token’s price surged quickly before reversing. One interesting development from this event though was a curious correlation that emerged […]
Crypto Radar: Tracking the Top 3 Digital Assets Poised for Action This Week
The cryptocurrency sphere is filled with excitement, with the spotlight shifting to the possible endorsement of spot exchange-traded funds (ETFs) for major cryptocurrencies such as Bitcoin and Ethereum. This event has injected a fresh wave of positivity into the market, hinting at the prospect of a revived bullish trend. As we progress into the second […]
You Could Win Part of $1 Million Worth of Prizes Playing Fortnite—Here’s How
Crypto startup Unix Gaming and sponsors including the Avalanche blockchain are funding a gaming tournament with $1 million worth of total prizes via Unix’s blockchain gaming platform, Owned. Owned’s tournament, called Game League, began Monday and will run until December 9, according to the platform’s website. The event spans several different games, including major traditional […]
Opyn founders exit crypto industry following CFTC regulatory actions
On Nov. 14, Zubin Koticha and Alexis Gauba, the co-founders of Opyn, an Ethereum-based options trading platform, announced their decision to step down from their project and leave the crypto industry altogether. Zubin Koticha, co-founder at Opyn, wrote: “Hey Crypto Twitter … This one’s a tough one. After the regulatory action against Opyn, [co-founder Alexis […]