SEC Likely To Deny Ethereum Spot ETFs In May.
The SEC is not seriously engaging with Ethereum ETF applicants even though the approval deadline is one month out. Crypto industry experts believe Ethereum (ETH) spot ETFs will likely be…
Instagram Influencer Jay Mazini Sentenced to 7 Years for $8 Million Fraud Scheme.
Jay Mazini purported to be a crypto millionaire mainly targeting the Muslim community through Halal-Capital LLC. Jabara Igbara, commonly known as “Jay Mazini,” who boasted of being a crypto millionaire…
Fintech Giant In Latin America Nubank Enables Bitcoin Withdrawals and Deposits.
Nubank customers will be able to send and receive Bitcoin, Ethereum, and Solana using its app. São Paulo-based Nubank announced the launch of a new feature that allows withdrawals and…
Bitcoin Maximalism Will Rise Over Time, Predicts Balaji
Coinbase’s former CTO thinks unsustainable US debt levels will inspire a generation of Bitcoin diehards. Balaji Srinivasan – the popular venture investor and Coinbase’s former Chief Technology Officer (CTO) –…
Driver of Bitcoin to $150K After the Halving According Standard Chartered Analyst.
Kendrick said the liquidation of leveraged positions has cleared a pathway for the crypto market to trend higher and that the market is poised to move up from its current…
Ex Binance Boss CZ Apologizes As He Accepts Responsibility Of His Shortcomings.
Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month…
Tether Will Freeze Venezuelan Wallets Being Used to Evade US Sanctions.
PDVSA’s adoption of USDT has surged since the U.S. reinstated sanctions amid concerns about Venezuela’s upcoming election.Tether has announced that all wallets associated with Venezuela’s attempts to bypass U.S. sanctions…
US DOJ Recommends a 3-Year Prison Sentence for Binance Founder CZ.
CZ’s initial plea agreement capped his potential sentence at 18 months, however, he may now face a lengthier sentence.The U.S. Department of Justice (DOJ) has recommended a three-year prison sentence…
Jack Dorsey’s Bitcoin Mining Chip Is Now Complete.
With chip development now undergoing its full tapeout, Block has also announced work on its own full Bitcoin mining system. Jack Dorsey’s fintech company Block Inc. announced on Tuesday that…
BlackRock IBIT Enters Top 10 ETFs List with 70-Day Inflows
A major asset management company, BlackRock’s iShares Bitcoin Trust (IBIT), continues its streak with 70 consecutive days of inflows, adding $62.2 million on April 22, according to Farside Investors data.…