Ether surges 18% amid new hope for spot Ether ETFs approvals

United States Senator Dick Durbin proposed legislation aiming to reduce fraud through crypto ATMs. A district court judge dismissed a United States Securities and Exchange Commission’s (SEC) lawsuit alleging that Hex founder Richard Heart raised over $1 billion through unregistered crypto offerings and defrauded investors of more than $12 million. Heart, whose real name is

At the midpoint, the guidance represents a growth of 1.1% from its revenue in 2021. 314 Total views 1 Total shares Own this piece of crypto history Collect this article as NFTAccording to a new letter to shareholders posted on Dec. 21, Aroosh Thillainathan, CEO of German Bitcoin (BTC) mining company Northern Data, said that…

Distributed ledger technology (DLT) company Iota partners with auto manufacturer Jaguar Land Rover for a proof-of-concept (PoC) demonstration for tracing car energy with DLT.Tracking energy source and usageIota announced the news in an official blog post on Aug. 30. Per the announcement, Iota is partnering with Jaguar Land Rover and French energy R&D center Engie…

Facebook’s conglomerate of social applications including Instagram, WhatsApp, Messenger, and its virtual reality headset Oculus, all suffered a major power outage on Monday, switching the platforms offline for a total of six hours to the effect of billions of users and businesses across the world.The incident was first reported at approximately 3:16 pm UTC on…

Numerous U.S.-traded exchange-traded funds, or ETFs, are loading up on shares in the world’s top crypto firms.According to ETF.com, hundreds of funds have invested in publicly-listed companies that are holding BTC on their balance sheets. As of this writing 88 ETFs hold MicroStrategy shares, while 144 ETFs hold Square, and 222 ETFs hold Tesla. Sixteen…

Further requirements on crypto firms could be on the way as the administration is looking for new revenue streams. 815 Total views 5 Total shares U.S. Department of the Treasury will reportedly push to extend the reach of new rules designed to govern the cryptocurrency space. Closely following the infrastructure package freighted with last-minute crypto…

The VeChain Foundation announced a blockchain-based food safety solution based on its Blockchain-as-a-Service platform, ToolChain. VeChain’s newly released tool offers a suite of whitelabel services that will allow the food sector to implement on-chain safety management services. These services include traceability templates which track things like origin traceability, cross-border traceability, full-process traceability, and more. They…

Cryptocurrency exchanges are adopting alternative strategies to conduct business in the face of tighter crypto regulatory environments worldwide. Signs are everywhere.Kraken is reportedly moving to offer securities trading in the United States and the United Kingdom to expand its reach and compete with popular apps like Robinhood, which offer both crypto and stock trading. On the

United States regulator the Commodity Futures Trading Commission (CFTC) is open to the idea of ether (ETH) futures trading, cryptocurrency industry news outlet CoinDesk reported on May 6.The publication quoted an unnamed official, who appeared to say that ETH-based futures would be a reasonable product for consideration and approval should it meet the CFTC’s various…