May 24, 2024
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Crypto

SEC Approves Ethereum Spot ETFs

The United States Securities and Exchange Commission (SEC) has just approved the first batch of Ethereum (ETH) spot ETFs. These ETFs could have huge implications on financial markets, given the popularity of the asset and recognizing how Bitcoin spot ETFs were the fastest growing ETFs in the history of ETFs. according to BlackRock CEO Larry

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Crypto

SEC Interacts with Ethereum ETF Issuers on S-1 Forms

Share this article Fox Business journalist Eleanor Terrett said on Thursday that the US Securities and Exchange Commission (SEC) has begun discussions with Ethereum exchange-traded fund (ETF) issuers regarding their S registration forms. -1. She cited sources who said there is still “work to be done” on those forms. This could be seen as a

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Crypto

Pro-XRP Lawyer Declares 'Age of Corruption' Amid New Evidence

John E. Deaton, a pro-XRP lawyer and Republican Party candidate for the Massachusetts Senate, expressed severe criticism of what he described as widespread corruption within federal agencies, including the Federal Reserve (Fed). Deaton, through a mail on the social media platform Why the pro-XRP lawyer is outraged “As I have said several times, we are

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Crypto

“It's happening”: Ethereum ETF approval imminent as issuers amend 19b-4 filings

Share this article James Seyffart, Bloomberg analyst shared in X that the move to approve spot Ethereum exchange-traded funds (ETFs) in the US “is happening.” According to Seyffart, at least five of the potential Ethereum ETF issuers have filed their amended 19b-4s within a span of 25 minutes. UPDATE: It's happening. We have at least

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Crypto

Ecash makes Bitcoin (and CBDCs) private with Calle's Cashu

Editor's note: cachu It is a protocol, not a company. Founders: street Foundation date: October 2022 Headquarters Location: Remote Amount of Bitcoin held in Treasury: N/A Number of employees: 20-30 open source developers Website: https://cashu.space/ Public or Private? N/A Of Bitcoin's many notable properties, privacy is not one of them. In fact, the transparency of

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Crypto

Crypto Investment Fund Executive Sentenced to 3 Years for Scheme

Lilian Nurieva, former head of networks at Russian crypto investment fund Finiko, has been sentenced to three years for defrauding private investors and participating in an organized criminal group. The Federal Foundation for the Protection of Investors and Shareholders' Rights considers the $55 million pyramid scheme to be the second largest financial scam in Russia's

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Crypto

Grayscale names Goldman Sachs executive as new CEO

Share this article Grayscale Investments' Michael Sonnenshein is stepping down as CEO after more than a decade working with the crypto asset management company. Grayscale has appointed Peter Mintzberg, currently global head of strategy for asset and wealth management at Goldman Sachs Asset Management. Prior to his role at Goldman Sachs, Mintzberg held global leadership

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Crypto

CIO of $5.1B Pension Fund Joins Nonprofit Focused on Bitcoin Adoption

Today, the Proof of Workforce Foundation, a 501(c)(4) tax-exempt nonprofit organization, has announced the addition of two distinguished members to its board of directors: Ajit Singh and Raphael Zagury, according to a press release sent to Bitcoin. Magazine. This duo joins to further strengthen the Foundation's mission of promoting meaningful education-based Bitcoin adoption among labor

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Crypto

Crypto institutions devour billions in Bitcoin ETFs and accumulate 250,000 BTC

The tides are turning in the cryptocurrency world, with institutional investors making a big splash in Bitcoin exchange-traded funds (ETFs), while retail investors seem content to stay on the sidelines. A recent report from IntotheBlock paints a picture of a two-tiered market, where hedge funds and even pensions are accumulating Bitcoin through ETFs, but the

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Crypto

Genesis wins court authorization to return $3 billion to its creditors

Share this article Bankrupt crypto lending company Genesis Global Holdco received court permission to return approximately $3 billion in cash and crypto assets to its creditors as part of its bankruptcy liquidation process on Friday. US Bankruptcy Judge Sean Lane made the decision. Additionally, Judge Sean Lane rejected Digital Currency Group's (DCG) attempt to challenge

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