June 2022 / 76 posts found
U.S. SEC rejects Grayscale’s spot bitcoin ETF application
Cryptocurrency A bitcoin representation is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/File Photo Register now for FREE unlimited access to Reuters.com June 29 (Reuters) – The U.S. securities regulator on Wednesday rejected a proposal to list a spot bitcoin exchange-traded fund (ETF) by Grayscale, one of the world’s biggest digital asset managers, on the NYSE Arca exchange. Grayscale responded with a legal challenge to the decision, the latest in a series of rejections of proposals for U.S. listings of spot bitcoin ETFs over the past year. The proposal […]
CoinFLEX CEO Accuses ‘Bitcoin Jesus’ Roger Ver Of Defaulting On $47 Million Debt
Today, Mark Lamb, CEO of the crypto exchange CoinFLEX said on his official Twitter account that Roger “Bitcoin Jesus” Ver had defaulted on a $47 million USDC margin call. According to Lamb’s statement, rumors that the exchange was facing economic problems are plain wrong. Instead, the exchange’s treasury is low because of Ver’s debt, and they are looking for ways to raise money and be able to restart withdrawals. A special contract between Ver and CoinFLEX prevented the exchange from liquidating Ver’s positions. Roger Ver owes CoinFLEX $47 Million USDC. We have a written contract with him obligating him to […]
Shiba Inu and Dogecoin post biggest gains in crypto rebound as Bitcoin and Ether steady
Cryptocurrency Shiba Inu and Dogecoin post biggest gains in crypto rebound as Bitcoin and Ether steady | Fortune You need to enable JavaScript to view this site. Read More
Why Bitcoin’s Anonymity Could Soon Collapse Like A House of Cards
Bitcoin Bitcoin’s remarkable growth in value is a curious story. Launched in March 2009 worth $0, Bitcoin reached parity with the dollar in September 2011. In November last year it peaked in value at over $60,000 and at the time of writing its worth has collapsed to around $20,000. But behind all the hype and bluster is the questions of how this value emerged from nothing. And how its founding members were able to keep this growth on track without being tempted to exploit this value for themselves. In its early days, Bitcoin was particularly vulnerable to a kind of […]
Do Kwon Has Another Enemy…Anonymous
Reading Time: 2 minutes Hacking group Anonymous has labelled Do Kwon as its next target The collective has said it plans to uncover “many more crimes” it believes he has committed since entering the crypto space Anonymous last year targeted Elon Musk over his involvement in Bitcoin and Dogecoin Do Kwon hasn’t been having the best time of late, something that not too many people are going to be particularly sad about. Terra’s collapse has led him to have the blood of more than one suicide on his hands, he is being investigated by authorities in two countries, and he […]
Why inflation – not the crypto crash – will define Bitcoin
Bitcoin We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Crypto is down. Badly. Bitcoin is at its lowest price in 18 months and the resulting headlines are dramatic. And yet, in the face of the crypto crash, not all hope is lost. Despite Bitcoin’s falling value, it remains to be seen just how the wider economic landscape impacts the coin’s long-term adoption. Why? Because Bitcoin use cases are actually growing under the backdrop of global inflation. Beyond […]
Deloitte and NYDIG Will Allow Businesses to Access Services Built on Bitcoin
Big four accounting firm Deloitte tapped Bitcoin-focused financial services firm New York Digital Investment Group (NYDIG) for a strategic alliance that aims to help companies access financial services built on Bitcoin. The newly formed alliance will focus on offering Bitcoin-related financial services to companies of all sizes. Its targeted areas include banking, consumer loyalty and rewards programs, employee benefit, and more. The official announcement has made clear that both firms will carry out a collaborative approach that leverages Deloitte’s multi-disciplinary professional services and NYDIG’s “comprehensive bitcoin financial and technology products and services.” As consumers are actively looking for trusted exposure […]