Stock exchanges rushed to file fresh, amended 19b-4 forms for bids from asset managers including BlackRock and Fidelity for spot bitcoin exchange-traded funds, marking the latest move as issuers try and barrel toward the finish line to get the Securities and Exchange Commission’s approval. As Friday came to a close, new filings also came in for
The Guardian Australia published an investigation several months ago into a crypto scheme-slash-scam called HyperVerse, a fund that used major celebrity endorsements to attract millions of dollars from small investors before collapsing. Blockchain Global went bust owing $58 million USD in 2021, but now there’s a rather classic fraudster sting in the tail: The CEO
The Ottawa Police Service says officers have been seeing a new scam involving job offers paying in cryptocurrency. The scammers would ask the job seeker to send them their personal information, putting them at risk to lose money, police warn. “We are reminding people to use their best judgement when looking for
The opening days of 2024 have seen a resounding call echo across the far reaches of the cryptosphere: The IRS is coming! The IRS is coming! The hullabaloo was triggered by a circulated portion of a 2021 federal infrastructure law that states that beginning January 1, 2024, key details pertaining to certain crypto payments over
Since the Russian invasion, cryptocurrencies have provided vital support for Ukraine, while helping fund Moscow’s war efforts. Cryptocurrencies are reeling, suffering from a bursting investment bubble to Sam Bankman-Fried’s criminal fraud. They are blamed for facilitating illicit transactions. There’s even a new film “Bitconnned” that tracks the rise and fall of a company that promised
Digital assets manager CoinShares says crypto investment products saw a significant recovery in 2023 as inflows increased by nearly threefold from the preceding year. In its latest Digital Asset Fund Flows report, Coinshares says inflows reached $2.25 billion in 2023, representing a 2.7 times year-on-year increase. Total assets under management (AuM) also rose by 129%,
By Joe Tidy & Imran Rahman-Jones Cyber correspondent & technology reporter 5 January 2024, 15:06 GMT Updated 1 hour ago Image source, Getty Images Image caption, Logan Paul has moved into boxing and WWE after making his name in online videos Logan Paul has begun the process of buying back NFTs from fans who lost
Osmosis, Celestia, and Kaspa reported between 8% and 12% gains as the top cryptocurrency gainers on Jan. 5. Topping the CoinMarketCap leaderboard is Osmosis (OSMO), a token that functions as a decentralized exchange (DEX) within the Cosmos ecosystem, connecting sovereign blockchains through the Inter-Blockchain Communication Protocol (IBC). Data shows the live price is $1.80 USD,
Why haven’t floating rate cryptocurrencies gone the way of the Beta recorder? Fifteen years of experience have laid bare their fundamental flaws. They have no intrinsic value, offer little to no transparency, and anyone — priest or felon — can issue, operate or manage them. Sometimes we don’t even know who creates crypto coins.
The crypto market rebounded with vigor on January 5, propelled by renewed optimism surrounding the anticipated approval of a Spot Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC). Investors’ sentiments have been fueled by speculation and cryptic X posts suggesting an imminent approval, with reports circulating on social media pointing to