Tag : cryptowire

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Bybit loses over $1.4 billion in Ethereum as hackers strike

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Bybit, the Singapore-based cryptocurrency exchange, has confirmed a security breach that resulted in the theft of over $1.4 billion worth of Ethereum (ETH) from one...
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Satoshi Nakamoto’s bitcoin wealth now ranks among world’s richest

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The mystery surrounding the identity of Bitcoin’s elusive creator, Satoshi Nakamoto, has deepened as new research identifies a vast crypto fortune linked to Nakamoto. Blockchain...
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Franklin Crypto Index ETF moves closer to SEC approval for trading

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Franklin Templeton's Franklin Crypto Index ETF is progressing toward potential approval by the U.S. Securities and Exchange Commission (SEC), bringing institutional investors closer to a...
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Banks to enter crypto sector as FDIC relaxes regulatory stance

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In a significant policy shift, the Trump administration is preparing to authorize banks to offer cryptocurrency services, reversing previous regulatory stances. Key agencies, including the...
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Court rejects Coinbase defense in lawsuit over crypto asset sales

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A U.S. District Judge in Manhattan has ruled that Coinbase must face a lawsuit alleging it illegally sold unregistered securities. The court rejected Coinbase’s argument...
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Trump meme coin launch triggers wave of scam tokens

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Following the launch of former U.S. President Donald Trump's meme cryptocurrency, $Trump, the digital currency market has been flooded with imitation tokens. Reports indicate that...
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Bitcoin at $105,000 as Powell backs banks serving crypto customers

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Bitcoin surged past $105,000 following the Federal Reserve's decision to maintain current interest rates, with Fed Chair Jerome Powell affirming that U.S. banks can serve...
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Financial sector poised for crypto integration after SEC’s SAB 121 reversal

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In a pivotal decision, the U.S. Securities and Exchange Commission (SEC) has rescinded Staff Accounting Bulletin (SAB) No. 121, eliminating a significant barrier for banks...
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Protected Bitcoin ETF debuts with focus on volatility management

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Global investment management firm Calamos has launched a groundbreaking Bitcoin-focused exchange-traded fund (ETF) that offers 100% downside protection against the cryptocurrency’s notorious price volatility. The...