Reports: India to regulate, not ban, crypto
According to reports, Indian crypto investors would be given a deadline to register their crypto holdings, after which they will be required to keep their assets on SEBI-regulated crypto exchanges. The Indian government does not want to outright prohibit cryptocurrencies, but rather to regulate them as ‘assets.’ According to a cabinet note seen by NDTV, […]
Okcoin hires Randi Zuckerberg to grow female user base
With the new hires, Okcoin now boasts a number of female executives, including CEO Hong Fang and head of content and brand Mandy Campbell. Randi Zuckerberg , the sister of Meta CEO Mark Zuckerberg, will join Okcoin’s brand advisory council as part of the platform’s effort to attract more women to cryptocurrency. In a statement […]
Bitcoiner loses 900 BTC in a DeFi attack
Badger DAO, a decentralized finance protocol based on Ethereum that allows users to earn money by staking Bitcoin, has been hacked. According to reports, the exploit cost a single user around $50 million in Bitcoin – 897 BTC. Badger’s developers have confirmed the hack. The team acknowledged the breach of protocol in a tweet and […]
WisdomTree’s application for spot Bitcoin ETF gets rejected by SEC
The Cboe BZX Exchange argued for approval using the precedents established by CME’s crypto futures products, but the SEC rejected them. After deferring a decision several times this year, the SEC has officially disapproved asset manager WisdomTree’s spot Bitcoin (BTC) exchange-traded fund (ETF). The SEC denied a requested rule change from the Cboe BZX Exchange […]
Dutch investment firm raises $120M in funding round
Dutch investment firm Maven 11 Capital is made up of a diverse group of blockchain-focused entrepreneurs, investors, and developers that are seeking for the next big thing in crypto. Maven 11 Capital , a digital asset investment business, has launched a $120 million capital round for Venture Fund II, its private investment arm, in a […]