Editor's Choice
VanEck has filed an application with the SEC to launch the "Onchain Economy" ETF, which invests 80 percent of assets in digital transformation companies and digital assets through futures contracts 📊
VanEck has filed an application with the SEC to create the "Onchain Economy" ETF, which will invest at least 80 percent of its assets in digital transformation companies and digital assets through futures contracts. The fund will focus on cryptocurrency companies, including software developers, mining companies, and crypto exchanges, selecting them based on market trends, strategic positioning, and valuation. However, the fund will not directly invest in cryptocurrencies.
A 17-story Cryptocurrency Tower will begin construction in Dubai with offices for blockchain companies, incubators, AI zones, and smart contracts, to be completed by 2027 🤖
A 17-story Cryptocurrency Tower is being built in Dubai, which will become a hub for companies in blockchain, DeFi, and Web3. The total area of the building will be 150,000 square feet, including offices for startups and large companies, as well as spaces for incubators and innovations in artificial intelligence. The tower will be equipped with smart contracts and blockchain technologies to streamline interaction with tenants. Construction will be completed by 2027, and it will be an important step in strengthening Dubai's position as a technological hub.
BitMEX fined $100 million for violating the U.S. Bank Secrecy Act, the company received two years of probation after pleading guilty ⚖️
BitMEX has been fined $100 million for violating the U.S. Bank Secrecy Act. The court sentenced HDR Global Trading, the parent company of BitMEX, to two years of probation and a fine after pleading guilty to operating without an anti-money laundering program from 2015 to 2020. The court rejected the U.S. demand for a larger fine of $417 million. This decision concludes the main part of the legal proceedings with the company and its executives.
Oklahoma will pass the HB1203 bill allowing investments in Bitcoin through state savings and pension funds to protect against inflation and strengthen financial stability 💰
Oklahoma has introduced the HB1203 bill, which will allow the state to invest in Bitcoin through state savings and pension funds. State Representative Cody Maynard noted that this will provide protection against inflation and help preserve the purchasing power of citizens. The bill is aimed at strengthening Oklahoma's financial stability and supporting innovative solutions in the field of digital assets. The bill will be considered in February and will come into effect on November 1.
Tether has sued Swan Bitcoin for breach of terms in a joint Bitcoin mining project agreement, accusing the company of a hostile takeover and leaking confidential information ⚖️
Uniswap and Ledger integrate an API for Ethereum token swaps via Ledger Live with a transparent signing feature, eliminating risks and ensuring asset control 🎉
The legal battle between Ripple and the SEC: refusal to extend deadlines, Gensler's replacement with Atkins, and hopes for more favorable crypto regulation 📊
Intesa Sanpaolo conducted a test transaction with Bitcoin, buying 11 BTC for 1 million euros to prepare for client demands while warning about the risks of cryptocurrency investments 💶
Adebayo Ogunlesi joined OpenAI's Board of Directors amid the company's transformation into a public organization with social commitments worth $157 billion 💡
The SEC has filed a lawsuit against Elon Musk for failing to timely disclose his purchase of more than 5 percent of Twitter shares, which allowed him to save at least $150 million 💰
MoonPay acquires Helio for $175 million to expand crypto payment solutions supporting USDC, SOL, BTC, and ETH, with over $1.5 billion in processed transactions 🚀
The Bank of England launches a test sandbox for the digital pound of the central bank digital currency project, which will begin operating in 2025 to improve payment systems 💰
A critical vulnerability in the Uniswap Web3 wallet allows attackers to bypass authentication and obtain the mnemonic phrase, threatening the security of users’ funds 🔐
ScaleBit reported a critical vulnerability in the Uniswap Web3 wallet that allows attackers with physical access to the device to bypass authentication and obtain the wallet’s mnemonic phrase. This phrase gives full control over assets. The vulnerability exists even in the latest version of the app. Users are advised not to hand over their devices to others until a patch is released and to use additional security measures such as biometrics and hardware wallets for large sums.
Robinhood has agreed to a settlement with the SEC for $45 million over violations in data protection, investigation of suspicious transactions, and cybersecurity vulnerabilities from 2020 to 2022 🔐
Robinhood has agreed to a settlement with the SEC for $45 million over violations of securities laws. The company failed to conduct timely investigations into suspicious transactions and did not provide adequate protection for clients' personal data. Additionally, in 2021, a vulnerability was discovered that compromised user data. Robinhood Securities will pay a fine of $33.5 million, and Robinhood Financial will pay $11.5 million. Both companies have admitted guilt and have committed to conducting internal audits.
The Attorney General of New York has filed a lawsuit to freeze 2.2 million dollars in cryptocurrency stolen by scammers who deceived the state's residents through fake remote job vacancies 💼
The Attorney General of New York, Letitia James, has filed a lawsuit to freeze 2.2 million dollars in cryptocurrency stolen by scammers who deceived people by offering fake remote job vacancies. Victims were promised income for "product reviews," but in reality, they transferred money to fake crypto accounts. When victims tried to withdraw funds, they were told about fictitious fees. James is seeking to return the stolen money and hold the scammers accountable.
Sony launches the Soneium blockchain platform based on Optimism and Ethereum: simplifying access to Web3 for users in gaming, finance, and entertainment with testing on 14 million wallets 🎮
Sony launches the Soneium blockchain platform, built on Optimism and Ethereum technology. The second-layer platform is focused on gaming, finance, and entertainment, simplifying the transition from Web2 to Web3. The main goal is to enhance the interaction between content creators, fans, and communities. The platform's testing with 14 million users confirmed its success. The development was carried out in collaboration with Startale Labs, and the platform is aimed at expanding Web3 capabilities for a wide audience.
Best news of the last 10 days
Tether moves its headquarters to El Salvador 🇸🇻: the company receives a license for digital assets, the founders move to the country, and there are plans to hire 100 local employees 👥
Biden has restricted the export of AI processors to adversary countries, including China, and set quotas on supplies. Nvidia and the AI-token market are experiencing a downturn, losing up to 55 percent 📉
Donald Trump Jr. became a strategic advisor for Kalshi, a predictive market company, after successfully using the platform to predict the Republican victory in the elections 📊
The US Supreme Court rejected the appeal of Binance and Changpeng Zhao, allowing the continuation of the lawsuit by investors accusing the exchange of illegally selling ELF, EOS, FUN, and other tokens, which lost their value ⚖️
Cboe Canada announces the launch of the iShares Bitcoin ETF from BlackRock: the new fund allows investors to easily access Bitcoin through brokerage accounts without the need to manage cryptocurrency directly 🚀
Cboe Canada announced the launch of a new ETF from BlackRock — the iShares Bitcoin ETF, which is now available for trading under the symbols IBIT and IBIT.U (in US dollars). This fund aims to track the price of Bitcoin, providing investors with an easy way to access cryptocurrency through their brokerage accounts, eliminating the complexities of asset storage and management. The ETF launch in Canada highlights BlackRock's commitment to innovation and creating accessible investment tools for Canadian investors, expanding opportunities for cryptocurrency investments.
Indian Railways will implement NFT tickets on the Polygon blockchain for participants of the MahaKumbh Mela festival, ensuring digital authenticity and eliminating intermediaries 🎫
Indian Railways, together with Chaincode Consulting, will release NFT tickets for participants of the MahaKumbh Mela festival, using the Polygon blockchain to ensure high throughput and low fees. The tickets will be managed through the NFTtrace platform, providing digital authenticity and eliminating intermediaries. This innovation combines the traditional significance of the festival with modern technologies, improving convenience and transparency of the process.
Since January 11, 2025, new rules have come into force in Russia: mandatory registration of contracts for external trade in cryptocurrencies and tokenized securities with authorized banks 📑
Since January 11, 2025, Russia has introduced mandatory registration of contracts for external trade in digital rights (including cryptocurrencies and tokenized securities) with authorized banks. Citizens and companies must provide information about the transaction, the cryptocurrency used, and proof of its completion (such as blockchain records). These measures are aimed at increasing transparency, complying with international anti-money laundering standards, and improving tax control over cryptocurrency transactions.
Kenya is developing a bill to legalize cryptocurrencies with the aim of creating a stable market and regulating risks associated with money laundering, fraud, and terrorism financing ⚖️
Kenya is preparing a bill to legalize cryptocurrencies after a series of government warnings. Finance Minister John Mbadi noted that the country intends to create a regulatory framework to take advantage of the opportunities in the cryptocurrency industry while reducing risks associated with money laundering and fraud. In December 2024, a policy draft was presented aimed at creating a stable and competitive market for cryptocurrency players.