Erik Voorhees, the founder of Shapeshift and a prominent Bitcoin advocate, believes that decentralized finance (DeFi) has effectively addressed the issue of regulatory clarity that hinders people from possessing or trading a majority of cryptocurrencies. There is growing concern within the crypto industry that all cryptocurrencies, apart from the four listed on the newly launched
Tokenization has the potential to revolutionize financial and non-financial infrastructure and financial markets in the next five to 15 years, according to a recent research report by Bank of America (BofA). The report highlights the wide-ranging implications of tokenization, which involves converting real-world assets or rights into digital tokens on a blockchain network. By representing
The price of Bobo Coin (BOBO) has experienced an astonishing surge, increasing by over 200% in the past 24 hours. Its current value of $0.000000050417 represents a remarkable growth of 3,000% since its initial listing on Uniswap a couple of months ago. Despite this surge, BOBO remains approximately 23% below its all-time high of $0.000000065803,
Los Angeles, CA – Keyback.io, a renowned innovator in the tech and cryptocurrency industry, is delighted to announce the launch of its highly anticipated product: a seed-phrase backup and recovery tool combined with a programmable deadman switch. This groundbreaking solution aims to cater to the crucial requirement for secure and reliable wealth preservation and transfer
In a recent interview, Elliot Johnson of Evolve ETFs, a Canadian investment firm that manages the EBIT spot Bitcoin ETF, discussed the crucial factor that could lead to BlackRock’s success in obtaining its Bitcoin ETF. Johnson emphasized the importance of BlackRock’s surveillance agreement, which sets it apart from other filings. According to Johnson, the distinctive
Binance co-founder and senior executive, Yi He, has broken her silence amidst lawsuits from two major United States market regulators. In a recent interview with Bloomberg in Dubai, she defended Binance’s commitment to regulatory compliance, claiming that the company surpasses other global crypto platforms in this regard. The Commodities and Futures Trading Commission (CFTC) filed
A federal court has ruled that Micahel Ackerman, a former New York Stock Exchange (NYSE) broker, must pay $54 million in penalties for orchestrating a cryptocurrency fraud scheme. The Commodity Futures Trading Commission (CFTC) announced this decision, revealing that Ackerman has also been banned from trading in any markets supervised by the financial watchdog. Ackerman
CME Group, a leading platform for trading derivatives, has announced its plans to launch Ether/Bitcoin ratio futures in the near future, subject to regulatory approval. The company intends to introduce its BTC/ETH ratio futures product on July 31, 2023. This type of futures contract involves an underlying asset that represents a ratio between two different
Fidelity Investments has resubmitted its application for a Bitcoin exchange-traded fund (ETF) called Wise Origin Bitcoin Trust. The initial application was filed in 2021 but was rejected by the SEC in January 2022, along with other applications for spot Bitcoin ETFs. Despite this, the recent approval of BlackRock’s spot Bitcoin ETF has sparked renewed interest
Revolut, a prominent fintech firm from the UK, has recently informed its U.S.-based users via email that it will no longer provide support for three major cryptocurrencies. The announcement states that Cardano (ADA), Polygon (MATIC), and Solana (SOL) will no longer be available for purchase through the Revolut app, effective immediately. Furthermore, users will eventually