The upgrade is intended to fix the exploit that drained the platform of $100 million. Source: https://cointelegraph.com/news/bnb-smart-chain-to-hard-fork-following-100m-exploit
Month: October 2022
SEC Rejects WisdomTree Bitcoin Spot ETF Application—Again
The Securities and Exchange Commission (SEC) has once again stonewalled the launch of a Bitcoin spot ETF in the United States. On Tuesday, the commission released an order rejecting Cboe BZX Exchange’s latest application for the product, on grounds similar to those cited in multiple applications before it. “The Commission concludes that BZX has not met its burden under the…
SEC rejects WisdomTree's application for a spot Bitcoin ETF… again
Similar to its December 2021 rejection of a WisdomTree spot Bitcoin investment vehicle, the SEC cited concerns about fraud and market manipulation. Source: https://cointelegraph.com/news/sec-rejects-wisdomtree-s-application-for-a-spot-bitcoin-etf-again
You Can Now Google the Balances of Ethereum Addresses
Google is now providing data on Ethereum addresses via its search engine. The world’s biggest website now tells you how much ETH some wallets hold when you punch an Etheruem address into the search bar. The new feature works via block explorer Etherscan, a website that provides data on the Ethereum blockchain. Crypto investor at Google Ventures Han Hua tweeted…
ApeCoin Sinks 10% After Report of SEC Probe Into Bored Apes Creator Yuga Labs
In brief The price of ApeCoin has fallen nearly 10% over the past 24 hours. The price fell sharply after a report that the SEC is investigating Bored Ape Yacht Club creator Yuga Labs. The price of the Ethereum-based ApeCoin (APE) token fell sharply today following the release of a report claiming that the Securities and Exchange Commission is investigating…
Treasury Fines Crypto Exchange Bittrex $53 Million for Sanctions Violations
The U.S. government has hit digital asset exchange Bittrex with fines of $53 million—the biggest fine on a crypto business by the Treasury Department to date. The Treasury’s Office of Foreign Assets Control (OFAC) and Financial Crimes Enforcement Network (FinCEN) said Tuesday that the U.S. exchange would have to pay two fines to the government entities of over $24 million…
FATF And AML Is A War Against Bitcoin – Bitcoin Magazine
This is an opinion editorial by Stephan Livera, host of the “Stephan Livera Podcast” and managing director of Swan Bitcoin International. Financial surveillance is all around us. Every time you want to sign up with a bank, you have to show identifying documentation, be screened by their automated systems and get peppered with all kinds of questions about your job,…
The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum – Bitcoin News
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall Street Journal on Tuesday, says BNY Mellon was approved by the New York State Department of Financial Services (DFS), and the bank said it was the first of eight financial…
Mass adoption will be terrible for crypto
From reversible transactions to increased regulation and a rising tide of censorship, mass adoption is going to make crypto look more like the systems we’re trying to escape. Source: https://cointelegraph.com/news/mass-adoption-will-be-terrible-for-crypto
BNY Mellon, America's oldest bank, launches crypto services
The bank will store private keys and provide bookkeeping services equivalent to those offered to fund managers in traditional assets. Source: https://cointelegraph.com/news/bny-mellon-america-s-oldest-bank-launches-crypto-services