Grayscale, Bitwise Files to Open Options On Ethereum ETF
Grayscale Investments and Bitwise have joined the effort to introduce options trading on spot Ethereum ETF products. Grayscale Investments and Bitwise have submitted filings with the US Securities and Exchange Commission (SEC) to include Options products in their spot Ethereum ETF offering. The New York Stock Exchange (NYSE) is contracted as the stock trading platform […]
Robinhood Crypto Revenue Growth Records 161% In Q2
Robinhood crypto revenue In Q2 increased by 161% to $81M, resulting in a 40% increase in total revenue to $682M. The growth of options and crypto trading primarily drove this growth. Robinhood Markets, Inc . reported a significant increase in its second-quarter earnings, with cryptocurrency transaction revenues increasing by 161% to $81 million. In the […]
NY Fed Says Tornado Cash Sanctions Effective, Eth As Weak
Cooperation with the US Treasury sanctions on Tornado Cash was most effective at the user level and less effective as it moved through the settlement chain. Tornado Cash , the crypto aggregator blocklisted by the United States Treasury Department in 2022, has been the subject of a report by the Federal Reserve Bank of New […]
US DOJ Suggests Severe Charges For AI-aided Crimes
The US DOJ (Department of Justice) has requested that the United States Sentencing Commission revise its guidelines to include penalties for AI-aided offenses. The US DOJ may soon see harsher sentencing due to the use of AI to plot, commit, or cover up a plan.The legal alert issued by the law offices of White & […]
Mox Bank Debuts Crypto ETFs for Retail Investors
Mox Bank has become the first virtual bank in Hong Kong to provide spot crypto exchange-traded funds to retail investors. As the city strives to establish itself as an international crypto center, Mox Bank, a digital bank headquartered in Hong Kong, has initiated trading services that utilize spot crypto ETFs. Mox announced in a press […]