Fake ETF Approval Announcement Triggers $218M Crypto Trade Liquidation

In a shocking turn of events, over $218 million in cryptocurrency trades were liquidated in the past 24 hours. This was triggered by a false government announcement stating that Bitcoin spot ETFs had been approved in the U.S. Coinglass reported that over $56 million in Bitcoin trades were liquidated in just the past hour. The […]

BitPay Expands Crypto Payment Options, Partners with Method Financial

BitPay, the world’s foremost Bitcoin and cryptocurrency payment service, has announced an improved payment experience for its crypto customers. The new features are set to be launched this week. BitPay will now support a range of new cryptocurrencies, including Uniswap (UNI), Binance Coin (BNB), Chainlink (LINK), Cronos (CRO), VERSE (VERSE), and Basic Attention Token (BAT), […]

SEC’s Twitter Hacked, Posts False Bitcoin ETF Approval Claim

The U.S. Securities and Exchange Commission (SEC) has reported a breach of its Twitter/X profile, which was used to disseminate a false message about the approval of a Bitcoin Exchange-Traded Fund (ETF). Gary Gensler, the SEC Chair, confirmed the incident, stating that the SEC’s Twitter account was compromised and an unauthorized tweet was posted. He […]

VanEck and WisdomTree Spot Bitcoin ETFs Listed on DTCC Platform

The Depository Trust and Clearing Corporation (DTCC) has officially listed the Spot Bitcoin ETF tickers from investment management firm, VanEck. The firm’s Spot Bitcoin ETF has appeared on the active and pre-launch list of the DTCC and can be identified by the ticker ‘HODL’. This listing positions VanEck as a significant player in the Spot […]

Ripple CTO Responds to Community Concerns Over XRP’s Slow Growth

The XRP community has been expressing concerns about the slow growth of XRP to Ripple’s Chief Technology Officer (CTO), David Schwartz. They have proposed solutions such as burning the escrowed XRP tokens to potentially increase the value of the cryptocurrency. In response, Schwartz has provided insights into these suggestions.An XRP community member, known as “GDP.Burn […]

Ethereum ETFs Lose Appeal Amid Potential for Direct Ownership Benefits

Bary Rahman, a distinguished journalist and SEO expert, is a graduate of New York University. She has showcased her investigative skills and storytelling abilities during her tenure with CNN. In addition to her journalistic feats, Bary has also lent her expertise as a content writer for Binance, producing insightful articles on the ever-changing crypto industry. […]

SEC Twitter Account Compromised, False Bitcoin ETF Approval News Spreads

In a surprising development, the cryptocurrency community was thrown into disarray when the official X account of the US Securities and Exchange Commission (SEC), formerly known as Twitter, seemed to be “compromised”. An unauthorized post claimed that the SEC had simultaneously approved all Bitcoin ETF applications.FAKE POST CLAIMS BITCOIN ETF APPROVALSEC Chair Gary Gensler addressed […]

FINRA Includes Crypto Assets in 2024 Regulatory Oversight Report

The Financial Industry Regulatory Authority (FINRA), the self-regulatory organization that oversees securities broker-dealers in the United States, has included a section on crypto assets in its 2024 Annual Regulatory Oversight Report for the first time. This report is a tool that member firms can use to inform the development and operation of their compliance programs. […]

False Report Circulates of SEC Approving Bitcoin ETFs

A false story recently circulated by multiple news outlets, following a tweet from the official X (formerly Twitter) account of the United States Securities and Exchange Commission (SEC). The tweet falsely claimed that the regulator had approved spot Bitcoin BTC $46,151 exchange-traded funds for the first time.However, in a Jan. 9 X post, SEC chair […]

SEC Denies Approval of Bitcoin ETFs After False Announcement

The Securities and Exchange Commission (SEC) recently made headlines when it was announced that Bitcoin ETFs had been approved for listing on all national securities exchanges in the United States. However, this announcement was quickly debunked as false by SEC chairman Gary Gensler.Gensler clarified that the SEC’s Twitter account had been compromised and an unauthorized […]