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State Regulator Warns of Crypto Fraud After Investor Loses $750K

The Washington State financial regulator has issued a warning about potential cryptocurrency fraud involving a mining platform and wallet. A Washington investor was scammed out of over $750,000 after investing.…

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Standard Chartered Launches Bitcoin and Ethereum Custody in UAE

Standard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for…

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SEC Warns of Bitcoin and Ether ETF Risks — Labels BTC, ETH Highly Speculative Investments

The U.S. Securities and Exchange Commission (SEC) has issued a bulletin warning about the risks of bitcoin and ether exchange-traded funds (ETFs), highlighting their speculative nature. The regulator urged investors…

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Vaneck Reveals Plans to Close Ethereum Futures ETF

On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest.…

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Swiss Bank ZKB Partners With Crypto Finance to Launch Crypto Asset Brokerage

Zürcher Kantonalbank (ZKB), Switzerland’s largest cantonal bank, has partnered with Crypto Finance AG to offer crypto asset brokerage services. By partnering with Crypto Finance AG, ZKB gains access to an…

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Report Disputes EIP-1559’s Role in Ethereum’s ‘Ultrasound Money’ Narrative

Mark Odayan, head of research at 2077 Research, asserts that Ethereum’s EIP-1559 should not be equated with the concept of “Ultrasound Money.” Odayan’s insights aim to clarify the transaction fee…

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Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M

After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24 hours, bitcoin (BTC) has slipped…

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Ethereum Technical Analysis: ETH Faces Critical Resistance at $2,800 Amid Market Indecision

On August 26, 2024, ethereum’s price hovered around the $2,739 mark, reflecting a cautious market sentiment as traders weigh the potential for further gains against looming resistance. Technical indicators across…

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Crypto ETF Market Sees Turnaround: Bitcoin and Ethereum Funds Net Inflows

U.S.-based spot bitcoin and ethereum exchange-traded funds (ETFs) both enjoyed a lift on Monday, with ETH ETFs pulling in $4.93 million while BTC ETFs attracted $27.87 million during the day’s…

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