ASIC Warns of Bitcoin ETF Risks
Prior to the introduction of Bitcoin ETFs on the Australian Stock Exchange (ASX), Australia’s securities authority sent out a warning to investors. According to a local newspaper, an Australian Securities and Investments Commission (ASIC) representative has cautioned about the risks associated with cryptocurrencies as the nation’s first spot Bitcoin exchange-traded fund (ETF) received approval from […]
Tether Launches New Synthetic Dollar Backed by Gold
Stablecoin issuer Tether has unveiled a new asset class backed by Tether Gold in an effort to improve value consistency and stability. Tether is adding a new asset class to its stablecoin lineup to improve stability in the digital economy by fusing the qualities of a stable unit of account with the security of gold. […]
Bybit Card Brings Apple Pay to Customers
Bybit users can simply select their preferred cryptocurrency and payment currency and choose Apple Pay as their payment method at checkout. With Apple Pay incorporated into its network, Bybit intends to give users a more private, safe, and secure option to buy cryptocurrency through the Bybit website or app. Users of Bybit and Apple Pay […]
Nvidia gets Supreme Court Review on Shareholder Crypto Suit
Nvidia’s motion to dismiss a lawsuit alleging securities fraud has been granted by the Supreme Court. According to the class action case, which is currently being examined by the Supreme Court, Nvidia and its CEO, Jensen Huang, misrepresented the percentage of their sales that went toward operations related to the cryptocurrency business, deceiving investors. Amounts […]
UwU Lend Announces $5m Bounty as Hacker Launders Stolen Funds
A $5 million reward has been announced by the decentralized lending network UwU Lend to “identify and locate” the exploiter. The creators of UwU Lend are offering up to $5 million “to the first person to identify and locate” a hacker who took advantage of the protocol to obtain cryptocurrency valued at over $23 million. […]