Asset management firm ARK Investment Management has updated its filing for a Bitcoin Spot exchange-traded fund (ETF) in the United States, giving it an advantage in the race to be the first to launch such a product. The filing now includes a surveillance…
Radix (XRD) is a blockchain platform that facilitates decentralized finance (DeFi) applications. Despite being one of the pioneers in this field, its native token, XRD, has experienced an 11% loss in the past 24 hours, along with the general decline of the altcoin…
FTX, a troubled cryptocurrency trading platform, has reportedly recovered billions of dollars in assets, according to a new report. The platform, which is currently bankrupt, has managed to recover $7 billion and expects to retrieve more in the future. The report states that…
The European Commission has proposed a legislative plan for the launch of a new digital euro payments system that will not replace physical cash. The Commission acknowledges that while the majority of Europeans still prefer to use physical cash, there is a growing…
The European Commission has announced its legislative plan for the introduction of a digital euro, aiming to make it a widely accepted and easily accessible payment method. The plan includes provisions for individuals to acquire digital euros through their banks upon request, ensuring…
Security firm and crypto hardware manufacturer Ledger has launched a new service called Ledger Enterprise Tradelink, targeting institutional investors. The service aims to provide off-exchange trading, enhanced security, risk distribution, zero transaction fees, and faster and more efficient trading. Ledger has partnered with…
Tether, the issuer of the USDT stablecoin, has signed a memorandum of understanding (MOU) with the government of Georgia to promote the development of crypto, web3, and peer-to-peer (P2P) technologies in the country. The partnership aims to attract foreign investment and develop resilient…
Crypto analyst Benjamin Cowen is warning that Cardano (ADA), Solana (SOL), and Polygon (MATIC) could face significant declines against Bitcoin (BTC). Cowen points to historical price action as the basis for his predictions. He suggests that ADA could drop over 50% from its…
Cryptocurrency exchange FTX Trading Ltd. is suing its former top compliance officer, Daniel Friedberg, alleging that he enabled the misuse of billions of dollars of customer funds by company founder Sam Bankman-Fried. The lawsuit claims that Friedberg facilitated the routing of profits to…