Ledger Unveils Cloud-based Recovery Service
Hardware wallet maker Ledger has officially launched its controversial “Recover” seed phrase backup service this week. For consumers who require a secure seed backup, the solution offers a premium, optional subscription wallet recovery service, according to Guilleme. Guilleme claims that during the initial release and any subsequent updates, Ledger users will still have the option […]
Chainlink’s Weekly Gains Extend to 50%
Chainlink will presumably continue its ‘up-only’ trend in light of the significant increase in active addresses and network traffic. The Chainlink price rally appears unstoppable as the LINK price surges another 12% to extend its weekly gains to more than 50%. At the time of publication, LINK is trading 12.28% higher at $11.42 with a […]
SEC Charges BlackRock Over Falsified Investment Data
SEC charges BlackRock with misrepresenting investments, resulting in a $2.5 million fine. An unexpected twist derails its Bitcoin ETF plans. On October 24, the Securities and Exchange Commission (SEC) filed allegations against BlackRock, the largest asset manager in the world. The allegation centers on the misrepresentation of investments in the entertainment industry. BlackRock, which manages […]
Galaxy Predicts 74% Bitcoin Price Growth After ETF Debut
At this point, a 74% increase brings Bitcoin to well over $59,000, which does not include “second-order effects,” according to Galaxy Digital. According to Galaxy Digital, the price of Bitcoin will increase by 74.1% in the first year following the launch of spot Bitcoin exchange-traded funds (ETFs) in the United States. Charles Yu, a research associate […]
ARK 21 Shares spot Bitcoin ETF not Listed on DTCC Website
ARK Invest and 21 Shares’ joint spot Bitcoin ETF has not yet been listed, which is unfortunate for those who closely track new Bitcoin ETF filings. Despite social media speculation, ARK Invest’s spot Bitcoin exchange-traded fund (ETF) does not appear to be listed on the Depository Trust & Clearing Corporation (DTCC) website. On Oct. 25, […]