Tag: news.bitcoin

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SEC Approves Spot Ether ETFs, Jim Rickards Predicts $27K Gold Price, and More — Week in Review

The US Securities and Exchange Commission (SEC) has approved significant regulatory filings for spot ether ETFs Economist Jim Rickards predicts that gold prices could surpass $27,000 based on

Expert Says Peer-to-Peer Nature of Crypto Activity Renders China’s Ban Ineffective

Continuing raids in China on alleged underground gangs using cryptocurrency to facilitate foreign exchange transactions underscore the ineffectiveness of the Asian nation’s 2021 ban on crypto

Abu Dhabi Regulator Prohibits Cryptocurrency Mining on Farms, Threatens Fines Up to $2,700

The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining The advisory explicitly states that farms cannot be

Marathon Digital Inks Renewable Energy Deal With Kenya; Crypto Miner to Invest $80M

Marathon Digital Holdings and the Kenyan Ministry of Energy and Petroleum recently signed an agreement which sees the crypto mining firm committing to invest $80 million in Kenya’s digital

Report: Investigation Finds No Fault With Sullivan & Cromwell in FTX Bankruptcy

An investigation into the law firm Sullivan & Cromwell LLP, which worked with the now-defunct crypto exchange FTX, revealed that the firm was neither involved in the fraud nor aware of the

Malaysian Authorities Bust Syndicate Accused of Laundering Fraud Proceeds via Cryptocurrency

Law enforcement officials in Malaysia recently arrested ten individuals linked to a criminal syndicate that allegedly used cryptocurrencies to launder fraudulent proceeds Assets, including motor

Indian Citizen Faces 20 Years in US Prison for Stealing Crypto in $37M Coinbase Spoofing Scam

An Indian national has pleaded guilty in the US to wire fraud conspiracy for stealing over $37 million by spoofing crypto exchange Coinbase’s website He and his co-conspirators created a fake

Major Crypto Exchanges Announce Over 1,200 Job Openings

Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Cryptocom, are expanding their workforces, collectively offering over 1,200 job openings Binance leads this hiring surge with 460

Mad Money’s Jim Cramer Endorses Ether as ‘Great Store of Value’ Amid US Dollar Concerns

Jim Cramer, the host of CNBC’s Mad Money show, has endorsed ethereum and spot ether exchange-traded funds (ETFs), highlighting the cryptocurrency as a “great store of value” amid

UBS Raises Gold Price Forecast Amid Rising Central Bank Demand and Geopolitical Tensions

UBS has raised its gold price forecast following a record surge in gold prices, driven by anticipated Federal Reserve rate cuts and a weakening US dollar The main factors behind the investment

Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million

The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $14 million The central bank has given operators a six-month

Xapo CEO Seamus Rocca Describes Xapos’ Proposition, Talks US Regulation, Emerging Markets, and Stablecoins

Seamus Rocca, CEO of Xapo, had a candid conversation with Bitcoincom’s COO Jason Sheman, where he shared his accumulated experience and knowledge describing what makes Xapo different from a