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ARAX Holdings Corp, a prominent name in the digital asset management world, announced on Dec. 5 that it has acquired a partial stake in The Nemesis, an innovative open-world metaverse platform.
Ockert Loubser, COO of ARAX, said:
"This acquisition is not just an investment; it's a commitment to shapi...
The House Financial Services Subcommittee on Digital Assets, Financial Technology, and Inclusion convened a pivotal hearing on Dec. 5, to hear from high-ranking representatives from federal agencies, including the Federal Reserve, Securities and Exchange Commission (SEC), and the Office of the Compt...
The Securities and Exchange Commission (SEC) has extended the 45-day comment period on a proposed rule change that would allow NYSE Arca to list and trade shares of the Grayscale Ethereum Trust as an exchange-traded fund (ETF), according to an SEC filing released on Dec. 5th.
NYSE Arca originally su...
U.S. Congressman Patrick McHenry, renowned for his role as a primary proponent of cryptocurrency in legislative circles, has decided to retire at the end of his current term in January 2025. The Congressman confirmed his impending departure in a statement released on Dec. 5.
McHenry, who has been a ...
Noticias
05 dic. 2023
SEC says court, not jury, should determine security status of Terra’s crypto assets
The U.S. SEC has submitted a letter to Judge Jed Rakoff in the ongoing case against Terraform Labs, presenting the argument that the crypto assets should be classified as securities under legal definitions.
The letter, dated Dec. 4, outlines the regulator's position and proposes that the court, rath...
Noticias
05 dic. 2023
Bitcoin’s illiquid supply hits 10-year high, signaling strong investor conviction
Illiquid supply refers to the portion of Bitcoin's supply that is not readily available for trading or selling. This typically includes coins held in cold storage or wallets with infrequent transactions, indicating a long-term investment perspective rather than short-term trading.
The significance o...
Noticias
05 dic. 2023
Binance settlement likely a watershed moment in crypto regulation: CFTC Commissioner
A senior U.S. regulator has suggested that the $4.3 billion settlement with Binance last month could represent a peak in enforcement actions against cryptocurrency firms. The settlement, which was for breaching U.S. anti-money laundering and sanctions laws, may provide a governance "template" for t...
Lugano, Switzerland, has broadened its tax and community fee payment options to include the option to pay in cryptocurrencies, including Bitcoin (BTC) and Tether's USDT stablecoin, according to a Dec. 5 statement.
The transactions will be facilitated by Bitcoin Suisse, a Swiss crypto gateway provide...
Noticias
05 dic. 2023
Web3 developer Thirdweb boosts bounty to $50,000 in light of fresh smart contract security risks
Thirdweb, a Web3 software development kit (SDK) provider, confirmed the presence of a security vulnerability in a widely used open-source library, impacting numerous Web3 smart contracts, according to a Dec. 4 statement on social media platform X (formerly Twitter).
The firm stated that the vulnerab...
Noticias
05 dic. 2023
SafePal CEO says its time for Web3 to mature, advocates for shift in focus – Interview
In an industry where innovation and disruption are the norm, Veronica Wong, CEO and Co-Founder of SafePal, offers a refreshing yet provocative perspective on the evolution and future of Web3. With a blend of realism and foresight, Wong dissects the Web3 landscape, emphasizing the need for a strategi...
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