After several months of lying fallow, First Trust SkyBridge Bitcoin ETF has been declared “abandoned” by the United States Securities and Exchange Commission (SEC). Abandoned ETF Application According to the screenshot shared by senior Bloomberg ETF analyst Eric Balchunas, on March 12, 2024, the U.S. SEC officially ordered that the registration statement for spot Bitcoin […]

American cryptocurrency exchange Coinbase Global Inc. is planning to explore convertible senior notes as the new means of raising funds. The Coinbase Convertible Senior Notes Coinbase hinted at its plan to offer up to $1 billion in convertible senior notes which would be due in 2030.  Per Coinbase’s plan, the notes will be put up for […]

The Solana-based NFT marketplace, Tensor, managed by the Tensor Foundation, is gearing up to launch a governance token named TNSR. The announcement was made public by the foundation of this through a post on a social media platform with generated curiosity among the communities of cryptocurrency and NFT. The shift is in line with the […]

Altcoins To Buy: The Bureau of Labor Statistics of the Labor Department reported the latest inflation data in the US, suggesting that the economy is in for a longer than expected wait for lower interest rates. According to the Consumer Price Index (CPI) report, inflation increased 0.4% in February and subsequently by 3.2% starting a […]

The United States Attorney’s Office in Chicago, Illinois, disclosed the seizure of approximately $1.4 million in Tether (USDT). The funds were allegedly linked to a fraudulent scheme involving customer support scams. The operation was a joint effort between the Department of Justice (DOJ), the Federal Bureau of Investigation (FBI), and Tether. The cryptocurrency company played […]

In an interview celebrating the 35th anniversary of the World Wide Web, Tim Berners-Lee, the man credited with creating the Internet architecture that transformed digital communication, discussed the future of the Web. His estimates focus on the possible change of the internet influenced by the developments in artificial intelligence (AI), virtual reality (VR), and the […]

The Commodity Futures Trading Commission (CFTC) is to come up with new regulatory measures this summer. These controls seek to minimize risks and conflicts of interest in vertical, integrated models. The models of such systems, where firms control more than one level in their supply chain or operations, have raised criticisms, especially in the cryptocurrency […]

The Ethereum network is poised for a significant transformation with its latest software update, Dencun. This update, dated March 13th, is expected to reduce operational costs, especially on Layer 2 networks. Such development may open the door for open access that could breed unprecedented innovation within the Ethereum ecosystem, affecting decentralized finance (DeFi), gaming, and […]

Google’s Gemini chatbot will “roll out restrictions on the types of election-related queries” that the AI chatbot would respond to. The news comes after the surge in artificial intelligence (AI)-generated content caused major concerns about disinformation during the election, according to a CNBC article. Google Restricts Gemini Chatbot Response to Election Queries According to a […]

In an interview with CNBC, JPMorgan CEO Jamie Dimon made headlines with his comments on Bitcoin. While Dimon has been a known critic of cryptocurrency, his latest statements have sparked discussions across the financial sector. He compared Bitcoin to cigarettes, indicating a nuanced stance on individual rights concerning investment choices. Despite his personal views, Dimon […]