In the ever-evolving and dynamic realm of cryptocurrency, there exists a trailblazer who has left an indelible mark on the industry: Sam Bankman-Fried. This article serves as an in-depth exploration of Sam Bankman-Fried’s extraordinary journey as the founder of FTX,…
PayPal NFT Marketplace Patent: On/Off-Chain Trading
In a groundbreaking move, PayPal has recently filed a patent application for a nonfungible token (NFT) marketplace, aiming to establish itself as a key player in the world of blockchain and digital assets. This innovative system paves the way for…
Grayscale Submits SEC Filing for Ethereum Trust Conversion to Spot ETF
In a significant move within the world of cryptocurrency investment, Grayscale Investments has submitted an application to the U.S. Securities and Exchange Commission (SEC) seeking approval to convert its popular Grayscale Ethereum Trust into a spot Ethereum exchange-traded fund (ETF).…
Georgia’s National Bank Chooses Ripple Labs for CBDC Partnership
In a significant move towards the advancement of Central Bank Digital Currency (CBDC) technology, the National Bank of Georgia (NBG) has announced its selection of Ripple Labs as one of the potential technology partners for its groundbreaking CBDC pilot project,…
After SEC Approval, Valkyrie Funds Expands Offering with ‘Ether’ Futures in Exchange-Traded Fund
Valkyrie Funds, a renowned investment manager in the financial industry, has recently made waves with the launch of its groundbreaking Ether Futures Exchange-Traded Fund (ETF). This move comes after receiving approval from the U.S. Securities and Exchange Commission (SEC), marking…
Ethereum Futures ETFs Debut as SEC Considers Bitcoin Fund
As the world of cryptocurrency continues to evolve and capture the attention of investors worldwide, a significant development has taken place with the debut of Ethereum futures exchange-traded funds (ETFs). This groundbreaking move comes at a time when the U.S.…
Three Arrows Capital Co-Founder Su Zhu Arrested in Singapore
In a significant development impacting the cryptocurrency industry, Su Zhu, the co-founder of Three Arrows Capital (3AC), a prominent crypto hedge fund, was recently arrested in Singapore. This arrest comes as a consequence of Su Zhu’s failure to comply with…
United Arab Emirates Introduces Comprehensive Regulations and Legislation for Stablecoins and Digital Assets
In a significant move towards fostering a robust and secure digital asset ecosystem, the United Arab Emirates (UAE) has recently issued comprehensive regulations and legislation pertaining to stablecoins and digital assets. These new measures aim to provide clarity, legal certainty,…