The long wait for a spot bitcoin exchange-traded fund (ETF) in the U.S. may soon be over. Grayscale CEO Michael Sonnenshein said the company is “ready for the main event” after winning a lawsuit against the SEC. The regulatory agency now has a brief window to approve spot bitcoin ETFs this week, though analysts believe […]
UK jobs surprise with lower unemployment and higher wages, stoking inflation concerns ahead of key report
Quick Take Recent UK jobs data released this morning indicated unexpected heat—unwanted by the Bank of England (BOE). According to Trading Economics, the unemployment rate defied consensus, arriving at 4.2% instead of the anticipated 4.3%. Furthermore, the average earnings, including bonuses, for the past three months were also higher than expected at 7.9%, surpassing the […]
Crypto Industry Fights Back Against Controversial New IRS Tax Proposal
The crypto industry is up in arms over a controversial new proposal from the Internal Revenue Service (IRS) that aims to establish a taxation framework for digital assets. The proposal has attracted a flood of over 120,000 public comments, mostly opposing the new rules. Keypoints The IRS held an audio-only hearing to gather views from […]
Genesis Reaches $33 Million Deal With Three Arrows Capital
Reading Time: 2 minutesGenesis has settled $1 billion in claims with Three Arrows Capital, agreeing to pay $33 million The settlement involves a significantly reduced payment from Genesis to Three Arrows, concluding claims related to transfers made before Genesis filed for bankruptcy The agreement also releases Three Arrows from a lawsuit filed by Genesis in […]
Goldman Sachs leads $95M funding round for blockchain payment firm Fnality — Report
With $158 million of total capital raised since 2019, Fnality plans to launch the Sterling Fnality Payment System in 2023, subject to approval by the Bank of England.
Thunderpick Review: Is it Legit? Is it Safe to Use? All The Pros & Cons
Launched in 2017, Thunderpick set out to create a premier destination for sports bettors, casino gamers, and esports enthusiasts alike. But does the reality live up to the promise? Over the following sections, we’ll take you through our hands-on experience at Thunderpick. You’ll learn about their gaming catalog, odds and markets, promotions, payment options, mobile […]
Blockchain Powerhouse: Terraform Labs Expands Reach with Pulsar Finance Acquisition
Despite ongoing legal battles and a recent SEC lawsuit, has acquired Pulsar Finance, a cross-chain portfolio management and analytics startup. This acquisition is expected to provide Terraform with immediate advantages, allowing for the swift introduction of cross-chain applications. On Monday, November 13, Terraform Labs announced the acquisition of cross-chain portfolio management and analytics startup Pulsar […]
Google sues scammers over creation of fake Bard AI chatbot
Google has filed a lawsuit against scammers offering a malicious version of its AI chatbot Bard that tricks users into downloading and installing malware on their devices.
Boyaa Interactive Advances into Cryptocurrency with a $100 Million Acquisition Mandate
Boyaa Interactive plans to invest $100 million in cryptocurrencies, focusing on Bitcoin, Ether, and stablecoins, while ensuring secure platforms in the volatile crypto market. (Read More)
XRP Price Ready For Take OFF! Bulls Seek A Rally Beyond $1!
The post XRP Price Ready For Take OFF! Bulls Seek A Rally Beyond $1! appeared first on Coinpedia Fintech News With Bitcoin taking a pullback to retest the $36K mark, the XRP price takes a step to retest the $0.64 demand zone. The altcoin remains in some supply zone, but the Ripple price may soon […]