ProShares Futures Bitcoin ETF Hits ATH
ProShares’ Future Bitcoin ETF, or “BITO,” has reached a new All-Time High (ATH) amid increasing interest and excitement over spot Bitcoin ETFs. As to the X article by James Seyffart, the Bloomberg ETF analyst, ProShares’ BITO is getting near $1.5 billion in Total Value Locked (TVL). This is just two weeks after Eric Balchunas declared […]
Germany’s Bitcoin Group Tackles Money Laundering Attempts
BaFin’s direction to its subsidiary Futurum bank to remedy shortcomings in anti-money laundering and counter-terrorist financing procedures, Germany’s Bitcoin Group is improving its internal control system. The financial watchdog BaFin is investigating Germany’s Bitcoin Group, pointing out serious flaws in the anti-money laundering and counterterrorism funding procedures of its subsidiary Futurum Bank. The regulatory action […]
SEI Token Rally Reaches All-Time High with Sei V2 Upgrade
As the SEI token reaches a record high, the Sei V2 upgrade adds the Ethereum Virtual Machine, improving blockchain interoperability. Plans to include support for the Ethereum Virtual Machine (EVM) in the next Sei V2 upgrade have been revealed by Sei Labs. This innovation will allow Ethereum-based contracts to be seamlessly transferred to the Sei […]
TRM Labs Partners with Swyftx to Combat Scams
Australian cryptocurrency exchange Swyftx called on TRM Labs to crack down on scammers as losses from cryptocurrency keep rising. In an effort to combat cryptocurrency fraud, Australian cryptocurrency exchange Swyftx has partnered with blockchain forensic company TRM Labs. This comes after fresh government data revealed a roughly $146 million cryptocurrency loss. In a blog post […]
Changpeng Zhao Steps Down as Binance.US Chair
Changpeng “CZ” Zhao, a co-founder of Binance, has resigned as Chairman of Binance Holdings Ltd., the US international exchange division. Changpeng Zhao has not only consented to resign from the board but also transferred his voting shares through a proxy arrangement, as the US affiliate disclosed in its notice to the community. The announcement reads: […]