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SEC Warns of FOMO Ahead of Spot Bitcoin ETF Verdict

Benito Cormi2 years ago2 min read

SEC Warns of FOMO Risks The U.S. Securities and Exchange Commission (SEC) is urging investors to be cautious of the fear of missing out (FOMO) when…

Blackrock Anticipates SEC Approval for Bitcoin ETF on Upcoming Wednesday

Benito Cormi2 years ago2 min read

Anticipation for SEC Decision on Spot Bitcoin ETFs The U.S. Securities and Exchange Commission (SEC) is set to make a decision on several spot bitcoin exchange-traded…

Contentious Bitcoin Proposal Sparks Intense Debate, Concludes Without Consensus

Benito Cormi2 years ago2 min read

Intense Dispute over Bitcoin’s Data-Carrying Transactions Ends in Lockdown The recent surge in Bitcoin Ordinal inscriptions has sparked a heated debate among developers. In September 2023,…

Record High: Bitcoin’s Hashrate Surges to 549 EH/s in Early 2024 Despite Increasing Difficulty and Declining Hash Price

Benito Cormi2 years ago2 min read

Record-Breaking Bitcoin Hasrate in 2024 Bitcoin’s hashrate has reached a new all-time high in the first week of 2024, hitting 549 exahash per second (EH/s) on…

DeSantis Pledges to Eliminate IRS, Promotes Flat Tax in Presidential Campaign Amid Strong GOP Competition

Benito Cormi2 years ago2 min read

DeSantis Aims to Overhaul the IRS and Implement a Flat Tax In recent town hall gatherings, Republican presidential candidate Ron DeSantis expressed his plans to abolish…

Mysterious Transfer of Million-Dollar Bitcoin Triggers Surge of ‘Dust’ towards Satoshi’s Original Wallet

Benito Cormi2 years ago3 min read

A Mystery Gift to Satoshi Nakamoto’s Genesis Wallet Triggers a Wave of Micro Transactions On January 5, 2024, an unidentified individual sent 26.917 bitcoin, worth $1.19…

The Potential Conflict between Central Bank’s Cashless Policy and the Ban on Cash Withdrawals from VASPs’ Operated Accounts – Insights from a Nigerian Lawyer

Benito Cormi2 years ago3 min read

Reasonable and Understandable Guidelines Nigerian fintech lawyer Senator Ihenyen acknowledges that the Central Bank of Nigeria’s (CBN) new guidelines, which prohibit cash withdrawals from virtual asset…

Week in Review: New US Crypto Tax Law, SEC Continues BTC ETF Process, Saylor Expands BTC Holdings, and More

Benito Cormi2 years ago4 min read

New Crypto Tax Law Takes Effect in US: Transactions of $10,000 or More Must Be Reported to IRS Within 15 Days Starting from the beginning of…

Taiwanese Authorities Detain Crypto Exchange Executives Suspected of Committing Fraud, Finds Report

Benito Cormi2 years ago2 min read

Arrests Made in Cryptocurrency Fraud Case The police in Taiwan have made arrests in a major cryptocurrency fraud case involving one of the region’s largest cryptocurrency…

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