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The Latest Breaking News on Crypto

$6 million crypto mine is owned by an NYU student — mine was bought with crypto to mask source funds from China

Jerry Yu and his company, BitRush Inc., are the target of multiple lawsuits relating to contractor payments. These lawsuits have also revealed the existence of a $6 million dollar cryptocurrency mining farm, as documented by The New York Times.

Tom’s Hardware

Binance Founder CZ Still A Billionaire Despite Legal Woes, Ends 2023 Nearly $25B Richer

The 46-year-old billionaire, who founded Binance in 2017, has a net worth of $37.2 billion, which means his wealth saw a year-to-date increase of $24.6 billion.

International Business Times

Spot Bitcoin ETF Approval Will Have Short-Term Impact On BTC Price: Cathie Wood

Wood's ARK Invest is collaborating with 21Shares on Bitcoin and Ethereum Futures ETF products and its ARK 21 Shares Bitcoin ETF is among the first proposal subject to SEC's final decision on Jan. 10.

International Business Times

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Grayscale Surrenders To SEC's Preferred Creation/Redemption Model, Submits Amended Bitcoin ETF Application Following Silbert's Resignation

Like BlackRock and ARK, Grayscale also initially said it would use the in-kind creation and redemption model on its spot Bitcoin ETF. But as Wall Street giants ironed out details with the regulator – probably looking to be a part of the first wave of applications to be approved by…

International Business Times

Mt. Gox Starts Paying Creditors Via PayPal After Nearly A Decade

In a Reddit thread, several users claimed to have received payments from the now-defunct Bitcoin exchange distributed via Japanese Yen-denominated refund on PayPal.

International Business Times

Tether Mints 'Authorized But Not Issued' $1B USDT To Replenish Inventory

The newly minted USDT will not be introduced to the market right away but will serve as reserved tokens for future distribution needs or chain swaps whenever needed.

International Business Times

Barry Silbert Steps Down As Grayscale Investments' Chairman Of The Board

Silbert, who is the CEO of the Digital Currency Group -- the parent company of Grayscale -- resigned from his post effective Jan. 1, 2024.

International Business Times

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President Milei's Economic Deregulation: Argentina Opens Doors to Bitcoin Contracts

Experts explained to The Latin Times what the announcement means. "It's not a step in terms of regulation just yet"

Latin Times

Solana Flips Bitcoin, Ethereum In Weekend Trading Volume, As Price Rally Continues

Solana has flipped Binance Coin (BNB) and Ripple's XRP since Monday and continued to retain its spot as the fourth-largest crypto asset by market capitalization.

International Business Times

After a brutal stretch, a remarkable thing is happening: Cryptocurrencies are surging

Bitcoin and other digital currencies are rallying, emerging from a stormy period with the conviction that crypto is here to stay.

WEKU

Solana's Price Surge Leads To Record-Breaking Metrics As It Flips BNB, XRP

When FTX declared bankruptcy in November 2022, many expected that Solana would not bounce back and would trade at a meager $10. However, it rose from the ashes and was trading above the $100 threshold.

International Business Times

Binance Spot Volume Market Share Nosedives Following Regulatory Troubles In US

The crypto exchange platform founded in July 2017 by its former CEO Changpeng Zhao (CZ) saw an 18% drop in its spot volume market share amongst centralized exchanges decline.

International Business Times

MEXC Clarifies Deletion Of X Account Amid Fears That Firm Could Be In Trouble

The statement from MEXC came as there was widespread confusion due to the sudden removal of the X (formerly Twitter) account named "MEXC_CEO," which many believed to have belonged to the crypto exchange platform's chief executive officer John Chen Ju.

International Business Times

Bitcoin ETF Applicants May Have To Face One More SEC Hurdle Before Approval, Says Analyst

Over the past few weeks, several companies, including Blackrock and ARK, amended their S-1 registration with the SEC, to make it to the supposed first batch of approved spot Bitcoin ETF issuers.

International Business Times

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International Business Times

SEC Signals First Wave Of Spot Bitcoin ETF Approvals In January

SEC officials reportedly informed issuers that those who were not able to meet the deadline set by the commission would not be included in the "first wave" of approvals scheduled in the early part of January.

International Business Times

SEC Increases Number Of Meetings With Spot Bitcoin ETF Applicants As Deadline Nears

Last week, the SEC reportedly called every applicant and offered them two choices: amend their filings by including cash creation and redemption model or else wait.

International Business Times

Robert Van Beek, CFP®, Navigates Financial Frontiers, Advocating For Change In The Rapidly Evolving Industry

Robert Van Beek, a seasoned navigator of financial planning, shares his journey from a broken pencil to a leading financial consultant.

International Business Times

BlackRock Reveals Plan That Seemingly Confirms Spot Bitcoin ETF Approval In January

This detail was first caught by Bloomberg Intelligence ETF analysts, and for Eric Balchunas, it highlights the big bump from the $100,000 BlackRock seeded to the fund in October, as well as the timeline for when the firm plans to seed it again.

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GoodToKnow

These are the best deals in the iCandy winter sale

Beat the sale shoppers with our guide to getting the best deals in the iCandy Winter Sale - coming soon!

The Guardian - UK

What happened in 2023? The Christmas quiz of the year

Why did MCC members see red? Who turned down Elton? And what hobby did the CEO of Goldman Sachs have to give up? Test your recall with our festive puzzlers

The Guardian - UK

Barbie, Beatles and Bankman-Fried: how well do you remember 2023? – quiz

Why did MCC members see red? Who turned down Elton? And what hobby did the CEO of Goldman Sachs have to give up? Test your recall with our festive puzzlers

International Business Times

Coinbase, Circle Obtain Regulatory Approval, Secure License In France

French regulatory authorities granted regulatory approvals to foreign cryptocurrency businesses Coinbase and Circle on Thursday.

International Business Times

WLD Nosedives Over 20% As Crypto Project Exits Brazil, France, India

Worldcoin said it plans to open its operation again in India in 2024.

International Business Times

Spot Bitcoin ETF In US To Get 'Green Light' On Jan. 10: Report

Besides approving ARK's spot Bitcoin ETF, it is believed that the regulator could also give the go signal to several other applications on Jan. 10, a report said, citing a recent SEC guideline seen by "sources close to these firms."

International Business Times

SEC Reportedly Calls Every Bitcoin ETF Issuer To Either Amend Application With 'Cash Creates' Or Wait

The idea of batch approvals was first mentioned by ARK's Cathie Wood in August. She said the SEC might approve multiple BTC ETF filings simultaneously, but not within the expected deadline.

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