Murray Roos clarified that the exploration of blockchain does not mean that the exchange is delving into cryptocurrencies like Bitcoin and Ethereum. The London Stock Exchange Group (LSEG), one of the oldest and most reputable stock exchanges in the world, is embarking on the integration of blockchain technology into its operations according to a report by Financial Times. London Stock Exchange Group and Its Interest in Blockchain The reputable exchange has been in operation for centuries,...
Read More »Bitwise Pulls Plug on Bitcoin and Ethereum Market Cap ETF Application
With the Bitwise ETF application gone, the crypto community is now awaiting the SEC’s decision on the remaining applications by WisdomTree, Invesco Galaxy, Valkyrie, VanEck, and Fidelity. In a surprising move, Bitwise, an asset management company based in San Francisco, has decided to withdraw its application for the Bitcoin (BTC) and Ethereum (ETH) Market Cap Weight Strategy Exchange-traded fund (ETF) filed with the United States Securities and Exchange Commission (SEC) last month. The...
Read More »Crypto YouTuber Losses $60K after Exposing Seed Phrases on Live Stream
August saw the crypto industry lose around $24 million in virtual assets due to various hacks and exploits. On August 30, Ivan Bianco, a prominent blockchain gaming-focused YouTuber known for his channel “Fraternized Crypto,” faced a devastating loss of approximately $60,000 in cryptocurrencies during a live stream. This unfortunate incident occurred when he inadvertently revealed the private keys to his crypto wallets. During the live stream, Bianco, who hails from Sao Paulo, Brazil, made...
Read More »US Judge Dismisses Class Action Suit against Uniswap
Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a suit against the exchange for allowing scam tokens on its platform. The individuals claimed to have bought scam tokens EthereumMax...
Read More »Airline Group Lufthansa Launches Polygon-Based NFT Loyalty Program
The rewards program has the potential to bring blockchain technology to more users as Lufthansa Group has about 36 million members in its regular Miles and More loyalty program. Lufthansa Group, the parent company of airlines such as Lufthansa, Austrian Airlines, Swiss International Air Lines, Eurowings, Brussel Airlines and others, has announced the launch of a new NFT-based loyalty program. Eligible customers in the program will receive blockchain-based digital trading cards that they...
Read More »Ethereum Price Analysis: ETH Sits At Key Breakout Zone
Ethereum price is struggling below the $1,700 resistance against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,660 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,660 and $1,700. Ethereum price is declining below $1,700 against the US Dollar. ETH/USD remains at a risk of more downsides if it...
Read More »1inch Investment Fund Acquires $10M Worth of Ethereum
Coinspeaker1inch Investment Fund Acquires $10M Worth of Ethereum The wallet holds a significant amount of ETH alongside other cryptocurrencies worth around $80 million in its portfolio. 1inch Investment Fund Acquires $10M Worth of Ethereum
Read More »ARK Invest and 21Shares Float Joint Application to Offer Ethereum Futures ETF
CoinspeakerARK Invest and 21Shares Float Joint Application to Offer Ethereum Futures ETF Both companies are also planning to launch three types of Bitcoin Futures ETFs. ARK Invest and 21Shares Float Joint Application to Offer Ethereum Futures ETF
Read More »FTX Faces Cybersecurity Breach amid Bankruptcy Proceedings
CoinspeakerFTX Faces Cybersecurity Breach amid Bankruptcy Proceedings FTX highlighted the pressing concern of potential fraudulent activities and scams and advised users to exercise heightened caution against any emails or communications that may impersonate parties involved in the bankruptcy proceedings. FTX Faces Cybersecurity Breach amid Bankruptcy Proceedings
Read More »FTX Wants to Hire Galaxy Digital to Sell, Stake or Hedge Its Billion-Dollar Crypto Holdings
CoinspeakerFTX Wants to Hire Galaxy Digital to Sell, Stake or Hedge Its Billion-Dollar Crypto Holdings Galaxy Digital will help FTX return funds to its creditors while making sure that the value of FTX's $3 billion of crypto holdings doesn't subside. FTX Wants to Hire Galaxy Digital to Sell, Stake or Hedge Its Billion-Dollar Crypto Holdings
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