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BitcoinBeginnerBetter Markets CEO Dennis M. Kelleher has encouraged the United States Securities and Exchange Commission (SEC) not to approve a spot Bitcoin exchange-traded fund (ETF). He claimed that it violates the regulating body’s key principles. Kelleher stated in a letter to SEC Secretary Vanessa…
#crypto#etfs#sec
BitcoinBeginnerMarathon Digital Holdings set a new production record in December 2023, mining more Bitcoin BTC $43,968 than in any previous month. According to a press release issued on January 4, the Florida-based company mined 1,853 Bitcoin in December, a 56% rise from November and a 290% increase from…
#crypto#mining#stocks
GeneralBeginnerRemember CryptoZoo, YouTube star Logan Paul’s ill-fated foray into the world of blockchain gaming? It’s been a year since the project’s disastrous launch, and now Paul is offering a somewhat controversial “buy back” program for disgruntled NFT holders. A Brief Recap of the CryptoZoo Debacle In…
#crypto#gaming#nfts
GeneralBeginnerThe European Banking Authority, in collaboration with the European Systemic Risk Board and the Financial Stability Board, will conduct an inquiry. The European Banking Authority (EBA) will look into the connections between traditional banks and non-bank financial institutions (NBFIs). The European…
#banks#crypto#european
EthereumBeginnerGamma Strategies, a prominent decentralized finance (DeFi) platform, is under investigation after reports of a potential attack that drained Ether (ETH) from its protocol. Early estimates suggest losses could reach over 200 ETH, raising concerns about security vulnerabilities and the safety of…
#crypto#hackers
SolanaBeginnerSolana wallet drainer activity has increased in recent months as the price of SOL has risen, making SOL and SOL-based memecoin holders more appealing to phishing targets. According to blockchain security firm Chainalysis, one of the largest online communities devoted to just one popular Solana…
#crypto#phishing-attack#wallets
SolanaBeginnerIn a major move that sent ripples through the crypto community, Etherscan, the industry’s leading Ethereum block explorer, announced the acquisition of Solscan, the prominent block explorer for the Solana blockchain. This strategic acquisition comes at a time when Solana’s native token, SOL, is…
#crypto
BitcoinBeginnerBloomberg ETF analyst Eric Balchunas believes that, while unlikely, the SEC could issue the “rug pull of a decade.” While the chances of a spot Bitcoin exchange-traded fund (ETF) being rejected this month are slim, Bloomberg ETF analyst Eric Balchunas believes it will be due to the Securities and…
#crypto#etfs#sec
GeneralBeginnerWhat is cryptocurrency mining? Mining cryptocurrencies is a critical component that enables cryptocurrencies to operate as a peer-to-peer (P2P) decentralized network without the use of intermediaries. It is the process by which transactions between blockchain network participants are verified and…
#crypto#mining#pos
GeneralBeginnerIn a move that sent shockwaves through the crypto community, OKX, one of the world’s leading cryptocurrency exchanges, announced plans to delist several prominent privacy tokens by early 2024. Monero (XMR), Zcash (ZEC), and Dash (DASH) are among the first to face the chopping block, sparking…
#crypto#okx#wallets
GeneralBeginnerThe Financial Intelligence Unit of India has requested that the URLs of Binance, KuCoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and Bitfinex be blocked. Nine international virtual asset service providers received compliance notices from India’s Financial Intelligence Unit for…
#binance#crypto#kraken
