Amid a broader crypto market selloff, concerns over the trajectory of the Bitcoin Exchange-Traded Fund (ETF) have intensified following a recent report signaling a new downtrend for the investment instrument. Notably, the recent announcement from the Deposit Trust Company (DTCC) regarding collateral values for ETFs containing BTC or other cryptocurrencies has fueled concerns among investors. […]
XRP Ledger (XRPL) EVM Sidechain Now Accessible on Mobile, Here’s How
The XRP Ledger (XRPL) is advancing uniquely as some of its latest innovations including the forthcoming Ethereum Virtual Machine (EVM) sidechain gaining new adoption features. XRP Ledger and EasyA Collaboration Ahead of the mainnet launch of the EVM Sidechain, Ripple Developers (RippleX ) have inked a collaboration with EasyA, a known hub for developers as […]
Nvidia Bet Fuels Spear Alpha: ETF Soars 60%, Surpasses ARKK
Spear Alpha ETF (SPRX), managed by Ivana Delevska, has reported significant growth. In the past 12 months, the fund’s value increased by more than 60%. This performance surpasses that of the well-known Ark Innovation ETF (ARKK), which rose by just over 21%. Spear Alpha, with $70 million in assets under management, benefits from strategic investments […]
US SEC Charges Mastermind Of $1.7 Bln HyperFund Crypto Scheme
In a recent development, the U.S. Securities and Exchange Commission (SEC) has taken decisive action against the suspected orchestrators of the $1.7 billion HyperFund cryptocurrency pyramid scheme. Notably, Xue Lee, also known as Sam Lee, and Brenda Chunga, aka Bitcoin Beautee, find themselves at the center of a legal storm for their involvement in orchestrating […]
Ace Exchange Founders Face 20-Year Sentence in Fraud Case
The Taipei District Prosecutors’ Office of Taiwan’s cryptocurrency sector has indicted 32 people on fraud and money laundering charges. This cluster includes individuals like JackIssue founder David Pan and his associate, Lin Keng-hong, who is involved in Ace Exchange. The prosecutors are suggesting a 20-year jail term for the four principal suspects, a crucial milestone […]
Solana Price Prediction: Are SOL Bulls Ready To Shape The Trend To $150?
Solana has recently emerged as a prominent figure in the digital currency realm, particularly after an optimistic surge has propelled its value upwards. The Solana price is presently valued at $106, marking a substantial increase of over 6%. This rise underscores the bullish momentum gathering behind Solana. The competitive smart contracts token has soared by […]
Binance Labs Dominance Uncovered For Launchpool Projects: Report
Binance Labs, the venture capital arm of Binance cryptocurrency exchange has been earmarked as the VC with the largest Launchpool Projects amongst top investment firms. Binance Launchpool Contribution Data In a recent report from Root Data Labs, the Web3.0 asset data platform claimed to have compiled data on 30 Binance Launchpool projects since November 2021. […]
AI News: Is Mankind Safe With Current AI Defiance to Safety?
New research into the Artificial Intelligence ecosystem has found most of its models unsafe for humans, further underscoring the need for rules that promote AI safety. AI Safety Becomes a Core Concern AI is the rave of the movement but at the same time, the safety of the technology remains a source of concern for […]
Just-In: Crypto Firm Partners Harvest To Bring Hong Kong ETFs to Singapore
MetaComp Pte Ltd, a forward-thinking fintech company headquartered in Singapore, has entered into a strategic partnership with Harvest Global Investments Limited (HGI), a renowned asset management firm based in Hong Kong. This collaborative effort aims to democratize access to HGI’s latest innovation, cryptocurrency spot ETFs for investors not only in Singapore but also across global […]
Cardano Vs Bitcoin : Which Crypto Coin is More Energy Efficient In 2024 ?
The spotlight in cryptocurrency landscape is now shining on the environmental impact of digital assets. Bitcoin, the pioneer in the crypto industry, has faced scrutiny for its huge amount of energy consumption, prompting investors to explore greener alternatives. Among the myriad of options, Cardano (ADA) emerges as a contender, boasting a more energy-efficient approach. Let’s […]