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Learn Concept: Understanding Cold-storage Solutions in Cryptocurrency

December 6, 2023

When it comes to managing digital assets, including cryptocurrencies, cold-storage or offline storage solutions play an integral role. These systems are designed to securely store digital assets offline, thus providing …

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SEC Prolongs Grayscale's Ethereum ETF Decision into 2024

December 6, 2023

The U.S. Securities and Exchange Commission (SEC) has decided to extend the deliberation period for the approval of a proposed rule change that would enable NYSE Arca to list and …

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IBM Launches Innovative Cold-storage Solution for Digital Assets

December 5, 2023

Renowned tech giant IBM has recently unveiled a new groundbreaking air-gapped cold storage system for digital assets. This groundbreaking system dubbed IBM Hyper Protect Offline Signing Orchestrator (OSO) operates much …

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Key Pro-Crypto US Congressman Patrick McHenry Announces Retirement

December 5, 2023

Renowned pro-crypto US Congressman, Patrick McHenry, has announced that he will not seek reelection at the end of his present term in January 2025. Representative McHenry has been notable for …

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Crypto Stocks Flourish: Coinbase, Marathon Display a More Than 300% Surge

December 5, 2023

The year 2023 has been remarkably fruitful for publicly traded crypto companies amidst sparkling Bitcoin gains and resulting bullish market sentiment. Crypto firms highlighted triple-digit percentage returns and registered a …

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Elon Musk Supported X.AI Seeks SEC Approval for $1B Equity Offering

December 5, 2023

An artificial intelligence platform supported by tech magnate Elon Musk, X.AI, has filed with the Securities and Exchange Commission (SEC) to raise up to $1 billion through an equity offering. …

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Crypto's Anonymity Fosters Illicit Finance, Warns New York Regulator

December 5, 2023

The New York Department of Financial Services (NYDFS) has raised concerns regarding the enactment of illicit financial activities within the crypto sector. The Superintendent pointed to the 'element of anonymity' …

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SEC Requests Court’s Intervention in Classifying Terra's Crypto Assets as Securities

December 5, 2023

The U.S. Securities and Exchange Commission (SEC) has proposed that the court, and not the jury, should decide on the security status of Terraform Labs' crypto assets. The regulator's letter …

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Lugano, Swiss City, Embraces Bitcoin and Tether for Tax Payment

December 5, 2023

The Swiss city of Lugano has expanded its tax and community fee payment options to encompass Bitcoin and Tether's USDT stablecoin. This enhancement will be facilitated by Bitcoin Suisse, a …

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Thirdweb Detects Smart Contract Vulnerability, Ups Bounty to $50,000

December 5, 2023

Thirdweb, a significant player in the Web3 ecosystem, recently confirmed a security vulnerability affecting a broad array of smart contracts, including their pre-built ones. The discovery originated from an issue …

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