ProShares to Launch Short Ether Strategy ETF (SETH) in November
ProShares is gearing up to introduce a unique offering to the market. The firm recently launched three Ethereum futures ETFs and is now preparing to debut the ProShares Short Ether…
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Ripple (XRP) Investment Products Register 25th Consecutive Week of Inflows: CoinShares
Digital asset investment products attracted inflows for the third week in a row, totaling $15 million. However, trading volumes remain 27% below the 2023 average. Over the past week, Bitcoin…
Binance.US Crypto Deposits Lose FDIC Insurance Coverage
Binance’s American entity, Binance.US, has officially informed its customers that their digital assets held on the exchange are no longer Federal Deposit Insurance Corporation (FDIC) insured. This change follows a…
Here’s When FTX Customers Could Receive $9 Billion Claim Payout
In a significant development in the ongoing Chapter 11 cases of FTX and its affiliated debtors, a proposed settlement could see creditors receiving a shortfall claim payout of $8.9 billion…
Digital Sanctions: Israel Disables Over 100 Binance Accounts Potentially Linked to Hamas
Hamas has been leveraging a global financial network to channel support from charities and sympathetic nations, employing various methods, including cryptocurrencies, to circumvent international sanctions. This has prompted the Israeli…
This is Warren Buffett’s Top Stock in 2023 (Hint: It’s Got Something to do With Crypto)
Berkshire Hathaway’s top performer this year is Brazilian bank Nubank. The São Paulo-headquartered bank touts itself as a “neobank” and offers blockchain products to its customers. Nubank allows customers to…
Bitrace Reveals Over 3.4 Billion Risky TRC20 USDT Flowing into OTC Addresses: Report
In a recent fund analysis conducted by Bitrace on Tron addresses involved in over-the-counter (OTC) businesses, findings indicate that more than 3.439 billion USDT, categorized as ‘at risk,’ has flowed…
BlackRock CEO Larry Fink Calls Bitcoin Pump A “Flight to Quality”
Larry Fink – CEO of $10 trillion investment management giant BlackRock – says crypto is a “flight to safety” asset class, comparable it to the likes of gold and US…
FTX Executive Details Sam Bankman Fried’s “Excessive” Spending On Celebrity Deals
Nishad Singh – FTX’s former director of engineering – revealed more details about the crypto exchange’s profligate spending during his testimony at Sam Bankman-Fried’s fraud trial on Monday. Singh pled…
SEC Holds Back from Appealing Court Decision on Grayscale Bitcoin ETF: Report
The United States Securities and Exchange Commission (SEC) has exceeded its mid-October deadline to refute Grayscale’s court win for the approval of a spot Bitcoin exchange-traded fund (ETF). The financial…
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