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SEC Places $200,000 Fine on ICO Site Coinschedule

SEC Places $200,000 Fine on ICO Site Coinschedule

The U.S. Securities and Exchange Commission has placed a fine on the ICO rating site Coinschedule, according to a news release. Coinschedule Took Money for Listings Between 2016 and 2019, Coinschedule was an active website. It listed and rated new cryptocurrencies or Initial Coin Offerings (ICOs). The SEC suggests that Coinschedule misrepresented its relationship with the […]
ShapeShift Makes History with Largest Airdrop Ever

ShapeShift Makes History with Largest Airdrop Ever

This news was brought to you by ANKR, our preferred DeFi Partner. ShapeShift, a popular cryptocurrency exchange, is running an airdrop that will see it distribute tokens and governance rights to its userbase. ShapeShift Runs FOX Airdrop “To align with the ethos of decentralized finance, [we have] begun dissolving our corporate structure, evolving into a […]
BlackRock CEO Sees “Very Little” Demand for Bitcoin

BlackRock CEO Sees “Very Little” Demand for Bitcoin

Key Takeaways BlackRock CEO Larry Fink told CNBC that crypto has “low interest” among long-term investors like retirement and pension funds.  Fink said that during his recent business interactions, long-term investors did not enquire about cryptocurrencies. Several other major investment firms are offering crypto to institutional clients through regulated investment vehicles. BlackRock CEO Larry Fink […]
Compass Taps Oklo for Nuclear Bitcoin Mining Plans

Compass Taps Oklo for Nuclear Bitcoin Mining Plans

Key Takeaways Compass is partnering with Oklo to mine Bitcoin using nuclear energy. Oklo has plans to use “microreactors” to provide energy for mining farms. Several other mining and energy companies have recently taken steps to mine Bitcoin from renewables, suggesting that Bitcoin could have a more sustainable future ahead. Mine Crypto Compass is planning […]
Solana Wallet Phantom Raises $9M to go Multi-Chain

Solana Wallet Phantom Raises $9M to go Multi-Chain

Key Takeaways Phantom has closed a $9 million Series A funding round led by Andreessen Horowitz. The team will allocate the fresh capital towards growing its team, adding new features, and supporting new blockchains. The funding should help Phantom gain ground in the crypto wallet space. Solana-based crypto wallet Phantom has raised $9 million in a […]
ECB Launches Digital Euro “Investigation Phase”

ECB Launches Digital Euro “Investigation Phase”

This news was brought to you by Phemex, our preferred Derivatives Partner. The initial stage of the project is expected to last 24 months.  ECB Investigating Possible CBDC The European Central Bank is taking steps towards developing a digital euro.  The ECB published a statement Wednesday, confirming its plans to launch a digital euro project. […]
Brazil’s Stock Exchange Will List an Ethereum ETF

Brazil’s Stock Exchange Will List an Ethereum ETF

This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Ethereum gets an ETF listing in Latin America.  QR Capital Approved for Ethereum ETF  An Ethereum ETF is set to go live on Brazil’s stock exchange.  Crypto investment firm QR Capital will list the ETF on B3, the country’s second-oldest exchange. It […]
Binance Users Barred from Withdrawing Pounds, Euros

Binance Users Barred from Withdrawing Pounds, Euros

This Exchange News was brought to you by OKCoin, our preferred Exchange Partner. Binance has distributed a notice stating that exchange users are not able to withdraw British Pounds (GBP) and Euros (EUR). EUR, GBP Withdrawals Blocked “Please note that GBP Bank Withdrawals (via Faster Payments) have been temporarily suspended,” Binance noted in a message […]
Uniswap Grantees Slammed for Dumping $10M in UNI

Uniswap Grantees Slammed for Dumping $10M in UNI

Key Takeaways The DeFi Education Fund has sold half of the UNI tokens it received from Uniswap’s treasury for $10 million. The sale has been widely criticized, with many raising questions over the purpose of the project. Many have raised concerns over Uniswap’s apparent lack of decentralization as a small group of investors have large […]
BNY Mellon to Assist Grayscale with Bitcoin ETF Plans

BNY Mellon to Assist Grayscale with Bitcoin ETF Plans

Key Takeaways Grayscale Investments has selected BNY Mellon as an asset servicing provider. The move helps prepare Grayscale for converting its Bitcoin trust into an ETF. Grayscale is one of at least nine companies competing to offer the first Bitcoin ETF in the U.S. Grayscale Investments has selected the Bank of New York Mellon as […]