Asset management firm Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), offering investors direct exposure to XRP through traditional brokerage accounts. “XRP has been an enduring crypto asset that many investors want exposure to,” said the CEO of Bitwise. Bitwise Seeks SEC Approval […] Source: https://news.bitcoin.com/bitwise-seeks-sec-approval-to-launch-spot-xrp-etf/
Month: October 2024
Republican Senate Candidate Blasts Crypto PAC Fairshake Over Snub: ‘They Needed a Democrat’
Michigan’s Republican nominee for Senate, Mike Rogers, says he’s supported crypto for years, stretching back to the heyday of Silk Road. He’s eagerly engaged with industry watchdogs like Stand With Crypto, and even attended blockchain conferences in person. And yet, when Fairshake, the colossal pro-crypto super PAC, weighed in on Michigan’s senate race weeks ago, it opted not to support…
SEC Moves to Appeal Ripple Ruling as XRP Tumbles
The Securities and Exchange Commission (SEC) today moved to appeal a federal judge’s decision in its long-running lawsuit against cryptocurrency and fintech company Ripple over sales of the XRP cryptocurrency. In a court filing Wednesday, the Wall Street watchdog filed notice with the Second Circuit Court of Appeals and said it seeks to appeal the final judgement made by U.S.…
Ethereum Strategy Game ‘Shardbound’ Open Beta Hitting Steam, Epic Store
Strategy card battler Shardbound—which is built on Ethereum layer-2 scaling network Immutable zkEVM—will enter open beta on Steam and the Epic Games Store on October 9, Immutable Games announced Wednesday. This open beta period will run for an undefined period of time as the developers look to rapidly improve the game and “handcraft” its Web3 strategy before a full-fledged release.…
Fantom price gains 70% in 30 days — What’s driving FTM?
Fantom price defies the crypto market downtrend as traders anticipate a new token launch and mainnet upgrade. Source: https://cointelegraph.com/news/fantom-price-gains-70-in-30-days-what-s-driving-ftm?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC files appeal in Ripple lawsuit
The Securities and Exchange Commission first filed the lawsuit against Ripple Labs and both its founders in December 2020. Source: https://cointelegraph.com/news/sec-files-notice-appeal-ripple-lawsuit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Kresus Partners With Christie’s for Blockchain-Based Art Ownership Authentication
Kresus, a crypto wallet service, has partnered with the international art and luxury market provider Christie’s to offer blockchain-based certificates of ownership for an upcoming photography auction. The collaboration marks a new approach to securing and managing art provenance digitally. Christie’s Taps Kresus for Blockchain-Based Art Ownership Records In this partnership, Kresus explained it will […] Source: https://news.bitcoin.com/kresus-partners-with-christies-for-blockchain-based-art-ownership-authentication/
FTX bankruptcy estate auctioning Worldcoin tokens this week
According to CoinGecko, Worldcoin currently has a market capitalization of approximately $792 million and a 494 million circulating supply. Source: https://cointelegraph.com/news/ftx-bankruptcy-estate-auctioning-worldcoin-tokens-this-week?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chatbot Based on Teenage Murder Victim Creates More Trouble for Character AI
Responding to complaints, the chatbot network Character AI took down a bot Wednesday that had assumed the likeness of a young murder victim. Launched in 2022 amid the surging generative AI craze, Character AI lets users create and interact with AI-powered characters. While the majority of these characters are fictional personas, a number of the chatbots are based on real…
SEC enforcement chief Grewal to step down
The end of his tenure, marked by aggressive cryptocurrency enforcement, could signal a change in the agency’s approach to crypto. Source: https://cointelegraph.com/news/sec-enforcement-chief-gurbir-grewal-step-down?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound