Benito Cormi

Grayscale’s 4000 Bitcoin Transfer, Blackrock CEO’s Positive Stance on Bitcoin, Ripple’s XRP Removal, and Other Key Highlights – Weekly Recap

Benito CormiJan 21, 20242 min read

Grayscale’s Bitcoin Transfer Raises Speculation Recent blockchain analysis shows that there has been a transfer of 4,000 bitcoins valued at around $175 million. These bitcoins are…

Ukheshe, South African Fintech Startup, Completes Acquisition of EFT Corporation

Benito CormiJan 21, 20241 min read

Access to New Technologies and Markets Ukheshe, a South African fintech startup, recently acquired a 100% stake in EFT Corporation, a payment services provider focused on…

CFTC Initiates Legal Action Against Debiex, an Unauthentic Cryptocurrency Trading Platform

Benito CormiJan 21, 20242 min read

Romance Scam Tactics Used by Bogus Crypto Exchange The U.S. Commodities Futures Trading Commission (CFTC) has taken legal action against Debiex, a fraudulent crypto exchange platform…

Manta Network, an L2 Protocol, Faces DDoS Attack and Money Laundering Allegations

Benito CormiJan 21, 20242 min read

Manta Network Suffers DDoS Attack Manta Network, a modular layer two (L2) protocol, recently fell victim to a distributed denial-of-service (DDoS) attack. The attack, which occurred…

Crypto’s Role in Shaping the 2024 US Presidential Election, As Per Ex-SEC Official

Benito CormiJan 21, 20243 min read

The Influence of Crypto on the 2024 U.S. Presidential Election John Reed Stark, former head of internet enforcement at the U.S. Securities and Exchange Commission (SEC),…

Blackrock Applies for SEC Approval to Launch Options on Spot Bitcoin ETF — Ishares Bitcoin Trust Holds 28,622 BTC

Benito CormiJan 21, 20242 min read

Blackrock Seeks SEC Approval for Options Trading on Bitcoin ETF Blackrock, the world’s largest asset manager, is looking to offer options on its bitcoin exchange-traded fund…

Jim Cramer, Host of Mad Money, Observes the Start of a Harsh Bitcoin Market Downturn

Benito CormiJan 20, 20243 min read

Jim Cramer’s Warning on Bitcoin Jim Cramer, the host of CNBC’s Mad Money show, has expressed his concerns about bitcoin and recently approved spot bitcoin exchange-traded…

Appellate Court Orders Independent Inquiry into FTX, Triggering Heightened Scrutiny

Benito CormiJan 20, 20242 min read

U.S. Government Pushes for Independent Probe into FTX The U.S. government has fought for an external investigation into the FTX bankruptcy case. Initially, their request was…

Mining Difficulty on Bitcoin Network Decreases by 3.9% to 70.34 Trillion, Relieving Miner Load During Texas Cold Spell

Benito CormiJan 20, 20242 min read

Bitcoin Difficulty Drops, Benefitting Miners Mining bitcoin (BTC) has become easier for miners as the network’s mining difficulty decreased by 3.9% at block height 826,560 on…

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