Author: CryptooTimes
“Before IBTC, Australian investors were only able to invest in ETFs that indirectly hold bitcoin or through offshore bitcoin products, both of which don’t benefit from the investor protection rules under the directly held crypto asset Australian Financial Services Licensing (AFSL) licensing regime,” the announcement said. Source link
The founder of decentralized finance protocol Frax Finance says the team is “reasonably sure” about the identity of the criminal that hacked the project’s X account. Frax Finance founder Sam Kazemian alleges that an inside job at X caused the hack of the project’s account, resulting in the protocol behind the FRAX USD-pegged decentralized stablecoin losing access in early June. Frax Finance founder’s statement on Telegram | Source: Telegram In a Telegram post on Jun. 3, the Frax Finance head said the team is “reasonably sure” it has the identity of the criminal that perpetrated the X account, blaming a…
Previously known as Okcoin Europe, OKX began serving users in the Netherlands in 2021 after registering with the Dutch central bank. Source link
In late February of this year, two Binance employees were detained by Nigerian officials without notice or a public announcement of charges. In the weeks that followed, Nigerian prosecutors charged the two with money laundering and tax offenses that are entirely divorced from the personal conduct of either man. One of those Binance employees, Tigran Gambaryan, was, in fact, the company’s lead law enforcement liaison – a former IRS criminal investigator and global educator on the use of blockchain technology for identifying and combatting precisely the kind of offenses that he is now unjustly facing in a Nigerian court. Source…
The price of WAVES sharply dropped from $2.35 to $1.8 after crypto exchange Binance said in a blog post it would no longer support the token. Waves, a blockchain network founded by Ukrainian-born entrepreneur Sasha Ivanov, is under pressure as Binance cited the token’s failure to meet “high levels of standard and industry requirements” as a reason for its delisting. In addition to WAVES, Binance says in a blog announcement it will also cease trading on all spot and margin pairs for OmiseGO (OMG), Wrapped NXM (WNXM), and NEM (XEM) on Jun. 17 at 03:00 UTC. Following the news, WAVES…
Stephen Richardson’s view aligns with Bloomberg’s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch. Source link
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The FTX estate has liquidated its remaining shares in Anthropic, the artificial intelligence (AI) company known for the Claude chatbot. The latest bankruptcy filings from the FTX estate show that it sold 15 million Anthropic shares at $30 each, netting over $452 million. The bankrupt FTX sold its remaining 15 million shares in the artificial intelligence startup Anthropic at $30 per share, netting more than $450 million. FTX initially invested $500 million in Anthropic, and now has a total gain of $1.3 billion. However, the legal and…— Wu Blockchain (@WuBlockchain) June 2, 2024 G Squared leads purchase According to the…
Cointelegraph speaks to the once-anonymous founder of Nirvana Finance, revealing how one random Telegram message led to the capture of the exploiter that stole $3.5 million from the protocol. Source link
ETH ETF IMPLICATIONS – The U.S. Securities and Exchange Commission approved key regulatory filings for proposed exchange traded funds (ETFs) linked to the price of the Ethereum blockchain’s native cryptocurrency, ether (ETH) – after months of speculation that regulators would likely deny the instruments. While most Ethereum supporters likely applauded the step, since the ETH token’s price rallied, the developer shop Consensys couldn’t resist the opportunity to tweet that “this seemingly last-minute approval is yet another example of the SEC’s troublesome ad hoc approach to digital assets.” Consensys, which is suing the agency, argued that the approval might mean Ethereum…
