Trade News

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  Vanguard Calls Bitcoin an Immature Asset Class

  2024-01-30 Trade News

  Vanguard has rejected a Bitcoin ETF, citing the cryptocurrency's lack of maturity and incompatibility with its investment philosophy. Vanguard decided not to offer a Bitcoin ETF to its clients because the flagship cryptocurrency is an "immature asset class" that doesn't fit with its philosophy, according to company executives. Janel Jackson,…

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  XRP Ledger Adoption Nearly Doubles in 3 Years

  2024-01-30 Trade News

  -Non-zero balance XRP wallet addresses have reached an all-time high of 5 million, a milestone in its 10-year history. -In fact, the number of XRP holders has surged 170% since the beginning of 2020, signaling rising adoption of the network. -Despite the positive on-chain metrics, XRP's price has been flat,…

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  Hong Kong Regulator Flags Floki Protocol’s Pledged Products as “Suspicious”

  2024-01-30 Trade News

  The Hong Kong Securities and Futures Commission (SFC) has issued a stern warning to the public about two pledge products, the Floki Stake Program and the TokenFi Stake Program. The financial regulator called the two pledges "suspicious", as they are both part of the Floki protocol. Hong Kong SFC Issues…

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  CertiK Exposes Fraud Against Its Brands for What It Is

  2024-01-29 Trade News

  CertiK exposes the deceptive tactics used by fraudsters to capitalize on its brand. Even CertiK, a security firm specializing in integrated blockchain, smart contract, and Web3 security, has not been immune to the rising tide of scams and exploits. Scammers are targeting users by fraudulently targeting the brand of the…

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  Mac Users Beware: Kaspersky Alerts for Malicious Attacks Against Your Crypto Wallet

  2024-01-29 Trade News

  The malware targets macOS version 13.6 and higher, regardless of whether they run on Intel or Apple Silicon devices. Apple users are being urged to remain vigilant as cybersecurity firm Kaspersky has reported a verified macOS vulnerability against the latest operating system version. The vulnerability is designed to trick Bitcoin…

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  OpenSea CEO flirts with M&A interest amid NFT market turmoil

  2024-01-29 Trade News

  OpenSea CEO Devin Finzer has revealed that the New York-based non-homogenized token (NFT) market is open to merger and acquisition opportunities. In an interview with DLNews, Finzer revealed that OpenSea has been mapping out new areas, publicly expressing interest in acquiring and potentially being acquired amidst the fluctuating fortunes of…

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  Flipside: Ether Layer 2 to Face Increasingly Competitive Landscape in 2024

  2024-01-29 Trade News

  A new report from the on-chain data platform points to a battle for lower fees, better user experience and user attention. According to a Jan. 25 report from on-chain data platform Flipside, a battle could be waged over Ether's Layer 2 blockchain (L2), one of which will offer the lowest-cost…

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  Why U.S. Inflation Still Affects the Price of Bitcoin

  2024-01-29 Trade News

  This article briefly: -The U.S. Personal Consumption Expenditures Index rose 2.9% annually and 0.2% monthly in December, indicating cooling in most sectors. -The U.S. Treasury's upcoming 2024 borrowing plan could affect investor interest in U.S. government bonds and bitcoin. -A gold ETF co-founder said the approval of a bitcoin ETF…

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  CFTC Chairman Calls for Comprehensive Regulation of Digital Assets After ETF Approval

  2024-01-29 Trade News

  CFTC Chairman Rostin Benham expressed serious concerns about the current state of cryptocurrency and digital asset regulation during a speech in Naples on January 26th. In detailed remarks in Naples on January 26, CFTC Chairman Rostin Behnam said that regulators need to step up their efforts to regulate the emerging…

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  OneCoin Lawyer Sentenced to 10 Years in Prison for Laundering $400 Million

  2024-01-29 Trade News

  Former Attorney at Locke Lord LLP Sentenced for Laundering Millions of Dollars in OneCoin Fraud. In a landmark sentencing, Mark Scott, a former senior attorney at Locke Lord LLP, was sentenced on January 25 to 10 years in prison for laundering $400 million in the infamous OneCoin Ponzi scheme.Bitmain Miner…

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