Cryptocurrency

The refreshed filing, submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday, said that Coinbase (NASDAQ:COIN) Global Inc will provide market surveillance in support of the proposed ETF from the world’s largest asset manager.The move comes after the regulator reportedly had concerns over the initial filings by Nasdaq as being unclear and incomplete. It had flagged similar concerns to Cboe related to a filing from Fidelity.The digital asset space is looking to regain popularity after a bruising 2022 that saw several crypto ventures collapse, including the spectacular implosion of Sam Bankman-Fried’s FTX.The SEC last month sued Coinbase for failing to register as an exchange. According to Cboe’s Fidelity bitcoin ETF filing, the company’s platform represented roughly half of U.S. dollar-bitcoin trading in May.Coinbase said in a letter filed last month in Manhattan federal court that it will ask a judge to toss the SEC lawsuit, arguing the regulator lacks authority to pursue civil claims because the crypto assets trading on its platform are not “investment contracts”, and thus not securities.The SEC has rejected dozens of spot bitcoin ETF applications in recent years, including one from Fidelity in January 2022.In all the cases, it said the filings did not meet the standards designed to prevent fraudulent and manipulative practices and protect investors and the public interest. More

This article will discuss five well-known blockchain-based social media sites: Steemit, Verasity, Binded, Audius and Sapien.Continue Reading on Coin Telegraph More

EveR 6, the android that co-conducted the performance titled “Absence,“ is a design produced by the Korea Institute of Industrial Technology (KITECH). The robot is equipped with a humanoid face and has a human-life form with a torso, two arms, a neck and a head. Continue Reading on Coin Telegraph More

On July 2, the ministry issued an official announcement on Telegram about new legislation that would ban P2P crypto exchange for individuals.Continue Reading on Coin Telegraph More

As previously reported, Hut 8 is in an ongoing legal battle with its third-party energy supplier Validus Power over alleged failure to meet contractual obligations. Operations at the mining facility have been suspended since November 2022.Continue Reading on Coin Telegraph More

On July 3, PeckShield highlighted several data points on NFTs, including the value stolen in June, how long it takes for stolen NFTs to be sold and which NFT marketplaces are used to sell the stolen assets. Continue Reading on Coin Telegraph More

BTC price action refuses to succumb to bears after 20% gains in Q2, with weekly and monthly timeframes looking strong. What’s next?Continue Reading on Coin Telegraph More

The team first announced Polygon 2.0 on June 12, claiming that the new project would establish “the value layer” of the internet. But details were scarce at that time. On June 20, co-founder Mihailo Bjelic proposed upgrading the current Polygon network to use zero-knowledge proofs, which he said was necessary in order to make the old network compatible with the “vision” of 2.0.Continue Reading on Coin Telegraph More