U.S. fines Binance with $4 billion, traders withdraw $1,3 billion in one day and Blackrock meets with SEC

U.S. wants more than $4 billion from Binance to end case The U.S. government dealt a massive blow to Binance, the world’s largest cryptocurrency exchange, which agreed to pay a roughly $4 billion settlement Tuesday as its founder and CEO Changpeng Zhao pleaded guilty to a felony related to his failure to prevent money laundering […]

Robinhood expands to Europe, Athena Bitcoin integrates lightning and OI on CME surpasses 100.000 BTC

Athena Bitcoin to Integrate Lightning Network for Bitcoin ATMs in El Salvador Athena Bitcoin has announced plans to integrate the Lightning Network into its crypto ATM fleet in El Salvador with wider expansion targeted at the entire Latin American region. In a Nov 7 press release, the company revealed it has enabled the technology in partnership […]

28% of U.S. hashrate in Texas, SEC postpones spot ETF decision and Chase UK bans crypto services

SEC postpones verdict on Ark 21Shares and Global X spot Bitcoin ETFs The Securities & Exchange Commission (SEC) recently announced a delay in its verdict on the Ark 21shares Bitcoin ETF. Consequently, the SEC has marked January 10, 2024, as the decisive day to either greenlight or reject the proposed amendment. A statement from the U.S. securities […]

Grayscale files for Ether Futures ETF, Japanese bank giang to launch Bitcoin fund and Balancer hit by attack

$500 billion investment bank Nomura launches Bitcoin Adoption Fund Japan’s largest investment bank Nomura, with a portfolio of over $500 billion in assets under management, has marked another strategic move into the digital asset market through its digital subsidiary Laser Digital Asset Management, which announced the launch of a Bitcoin Adoption Fund for institutional investors. […]

SpaceX writes of $373 million of BTC, FBI warns for Lazarus hackers and Oman to open second mining farm

SpaceX wrote down bitcoin holdings by $373 million Elon Musk’s space firm SpaceX wrote down the value of bitcoin it held by a total of $373 million last year and in 2021, the Wall Street Journal reported last Thursday, citing documents it said provided a rare look into the firm’s financials. The paper also said the rocket […]

Two licences for Binance in El Salvador, PayPal launches stablecoin and bank holds $170 million in crypto

Binance receives two licenses in El Salvador Binance has received two licenses from relevant authorities, becoming the first fully-licensed crypto exchange in El Salvador. Licenses received by the venture pertain to Bitcoin Services Provider and non-provisional Digital Assets Services Provider. Both licenses will enable Binance to offer a tailor-made experience to the residents of El […]

US Presidential candidate wants to back USD with BTC, Tesla still holds bitcoin and Nasdaq stops crypto plans

Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch the service last quarter, but it has […]

Fidelity to file for bitcoin ETF, miners send BTC-record to exchanges and Bitfinex launches P2P platform

Photo by Traxer on Unsplash Fidelity about to file its own bitcoin ETF, following BlackRock’s application Major asset manager Fidelity is preparing to submit its own application for a spot bitcoin exchange-traded fund (ETF), joining other big money asset managers such as BlackRock. BlackRock had recently submitted its own spot bitcoin exchange-traded fund on the 15th of June, […]

BlackRock, Valkyrie and WisdomTree file bitcoin ETF’s

BlackRock takes giant leap toward spot bitcoin ETF with SEC filing BlackRock took a giant leap toward a spot bitcoin ETF, filing a registration statement with the U.S. Securities and Exchange Commission on Thursday. Known as the the iShares Bitcoin Trust, the Delaware statutory trust will hold assets primarily consisting of bitcoin held by a custodian designated as Coinbase […]

CZ refutes claim that Binance sold BTC and BNB, Strike expands to Mexico and Congress pushes for clear crypto rules

Photo by Kanchanara on Unsplash Strike expands lightning powered cross-border payments to Mexico Digital payments firm Strike is expanding its Lightning Network-based cross-border payments service to Mexico, the largest market for remittances from the U.S., which accounts for around 95% of total remittances received by Mexicans from abroad, according to the company. The service, Send Globally, will be available in […]