-
FBI Cautions The Public About Unregistered Crypto Money Transmitters
The US Federal Bureau of Investigation (FBI) warned Americans on April 25 regarding using cryptocurrency money-transmitting services that are not registered as Money Services Businesses (MSBs). FBI Continues Fight Against Illegal Exchanges The FBI made a public service announcement to... -
Xpeng Motors Plans Overseas Production to Escape Tariffs
Xpeng Motors is considering overseas production as the Chinese electric vehicle (EV) tries to escape regulatory heat and possible tariffs in Europe. Speaking with reporters on the sidelines of the Beijing auto show, Xpeng Motors’ co-president Brian Gu said that... -
Unprecedented in ETF History: Analyst Emphasizes GBTC’s Record Outflows, Exceeding All Others
While Blackrock's spot bitcoin exchange-traded fund (ETF), IBIT, experienced consistent inflows for 71 days before halting operations this week, Grayscale's Bitcoin Trust (GBTC) holds the record with 72 consecutive days of outflows, surpassing any other ETF in history. "No ETF... -
KPMG Study Shows 39% of Canadian Institutional Investors Embrace Crypto Investments
KPMG had on April 24 published its survey report, which showed that cryptocurrency exposure among Canadian institutional investors increased in 2023. This was a significant rise compared to the last bull run of 2021. Canadian Institutional Investors’ Increased Interest in... -
Spot Ether ETF Approval Wait Continues as SEC Delays Decision on Two Filings
On April 23, the United States Securities and Exchange Commission (SEC) delayed its decision on the proposed spot Ethereum exchange-traded funds (ETF) submitted by Grayscale and Franklin Templeton. Spot Ether ETF Applications Verdict Set for June 2024 The US SEC... -
U.S. Bitcoin ETFs See Inflows After 5-Day Outflow Streak, While Grayscale’s GBTC Nears 300,000 Bitcoin Mark
During the past week, U.S. spot Bitcoin exchange-traded funds (ETFs) experienced consistent net outflows, indicating that investors were selling more Bitcoins through these funds than they were buying. This trend persisted for five consecutive days, reflecting a cautious approach among... -
Bitcoin’s Fourth Block Reward Halving: Viabtc Mines Block 840,000, Receives ‘Epic Satoshi’ and 3.125 BTC Reward
Bitcoin, the leading cryptocurrency in the world, experienced its fourth block reward halving on April 19, 2024, marking a significant milestone in its history. This event, occurring at block height 840,000, has garnered attention from crypto enthusiasts worldwide. Viabtc, a... -
Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case
Ripple Labs has submitted an appeal to the US Securities and Exchange Commission's (SEC) request that the company pay $2 billion in fines in the XRP case. "The SEC's severe remedial requests are unfounded in law or principle. Ripple suggested... -
US SEC Pursues $5.3B Penalty Against Terraform Labs and Do Kwon
The United States Securities and Exchange Commission (SEC) filed a motion on April 19, requesting a $5.3 billion payment in disgorgement and civil penalties against Terraform Labs and its co-founder Do Kwon following a verdict in its civil case. US... -
Swiss Bitcoiners Push for Vote to Add Bitcoin to Swiss National Bank’s Balance Sheet
On April 20, a group of Swiss Bitcoiners started a new push to persuade the Swiss National Bank (SNB) to add Bitcoin to its reserves. Their strategy involves a proposed referendum to amend the country's constitution. Swiss Bitcoiners Claim BTC...
