YieldMax Launches New ETF Based on MicroStrategy’s Bitcoin Exposure
YieldMax, a company specializing in exchange-traded funds, has filed for a new ETF that focuses on derivatives of MicroStrategy, a company with massive Bitcoin holdings. The ETF aims to provide monthly income to investors with a balanced risk strategy. The ETF, named Option Income Strategy ETF and set to debut in 2024, will trade under […]
Kraken Co-Founder Jesse Powell Slams SEC
Jesse Powell, co-founder of Kraken, has accused the US SEC of violating the cryptocurrency exchange’s regulations and has vowed to retaliate. Angrily, Kraken co-founder Jesse Powell responded to the lawsuit filed against the cryptocurrency exchange Kraken by the U.S. Securities and Exchange Commission (SEC). He accuses Gary Gensler, chairman of the SEC, of being a […]
ODX to Start Digital Securities Trading on Dec. 25 in Japan
Osaka Digital Exchange (ODX) plans to launch the trading of digital securities in Japan via security tokens issued by two real estate firms, Ichigo and Kenedix. ODX announced that its security token trading system will go live on December 25. Asset-backed securities supported by real estate investments are reportedly for sale by Ichigo, a Tokyo-based […]
Poloniex Confirms Hacker’s Identity, Offers $10M Bounty
Poloniex, a cryptocurrency exchange, recently identified the individual responsible for over $100M hack from its platform and offered a $10 million bounty to return the stolen assets. PeckShield, a blockchain security firm, disseminated an on-chain message via social media that depicts Poloniex’s communication with the intruder. The exchange reports that they have previously verified the […]
Coinbase Cuts Crypto Investment Amid Wider VC Pullback
Coinbase, among the chief investors in the cryptocurrency sector, has reportedly reduced its startup funding. According to Bloomberg, Coinbase is the most recent firm to stop funding cryptocurrency-related companies as investor opinion has shifted toward caution. Coinbase Ventures, the U.S.-based cryptocurrency exchange’s investment arm, completed just 11 fundraising agreements in Q32023, down 64.5% from the […]