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BitcoinBeginnerThailand’s Securities and Exchange Commission has revised its laws to allow the formation of private funds that invest in spot Bitcoin exchange-traded funds trading on US exchanges. However, only institutional investors and “ultra-high-net-worth individuals” would be eligible to invest in these…
#crypto#sec
President Nayib Bukele’s Bitcoin purchasing plan has paid off for El Salvador, which is now up 70% on the dollar cost average purchase price following a recent Bitcoin spike. El Salvador’s crypto treasury is currently $85 million in profit, according to the Nayib Tracker website, with Bitcoin…
#crypto#el-salvador
EthereumBeginnerFake user identities on X tricked the majority of victims into visiting phishing websites by leaving comments.In February. The most common reason for almost 57,000 victims of cryptocurrency phishing scams on social networking site X was fake accounts. According to Scam Sniffer’s latest research,…
#crypto#wallets
GeneralBeginnerBinance’s decision to halt all Nigerian naira (NGN) transactions on its platform. This move comes after months of increasing tension between the exchange and Nigerian authorities. The Central Bank of Nigeria (CBN) has expressed suspicion about crypto exchanges operating within the country, citing…
#binance#crypto#government
ArbitrumBeginnerThe Arbitrum DAO has withdrawn a proposal seeking to allocate nearly $1.3 million worth of its cryptocurrency (ARB tokens) to fund the legal defense of Tornado Cash developers Roman Storm and Alexey Pertsev. The proposal, submitted earlier this month, sparked debate within the Arbitrum community.…
#crypto#law
EthereumBeginnerEthereum co-founder Vitalik Buterin believes a “simple” hard fork could be the answer to safeguarding the blockchain from potential future quantum attacks. These attacks, enabled by the theoretical capabilities of quantum computers, could theoretically break the cryptography currently securing…
#crypto#quantum#vitalik-buterin
EthereumBeginnerLeading crypto investment firm Grayscale and major cryptocurrency exchange Coinbase met with officials from the US Securities and Exchange Commission (SEC) to discuss the potential conversion of Grayscale’s Ethereum Trust (ETHE) into a spot-based exchange-traded fund (ETF). This meeting comes…
#crypto#etfs#united-states
GeneralBeginnerBinance.US, the American arm of the world’s largest cryptocurrency exchange, is facing significant challenges due to a lawsuit filed by the U.S. Securities and Exchange Commission (SEC) last June. In a recent court filing, Binance.US claims the lawsuit has dealt a “near-mortal blow” to their…
#binance#changpeng-zhao#court
GeneralBeginnerDigital Currency Group (DCG), the venture capital firm behind Grayscale Investments and cryptocurrency lender Genesis, is fighting back against a hefty lawsuit filed by the New York Attorney General’s Office (NYAG). DCG and its CEO, Barry Silbert, have submitted motions to dismiss the $3 billion…
#crypto#law#new-york
SolanaBeginnerMemecoins featuring poorly drawn caricatures of celebrities and politicians. These tokens launched on the Solana blockchain, are captivating a niche group of investors seeking potentially explosive returns despite inherent risks and a lack of underlying utility. Memecoin speculators are…
#crypto#united-states
GeneralBeginnerShapeShift, a cryptocurrency exchange, made a settlement offer to the US Securities and Exchange Commission, acknowledging the agency’s order to cease and desist and agreeing to pay the penalty. In 2021, the exchange transformed into a decentralized autonomous organization (DAO), and the…
#crypto#defi#sec
