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Binance CEO Changpeng Zhao Announces Decision To Resign and Admits Guilt
Binance CEO Changpeng Zhao Announces Decision To Resign and Admits Guilt
News  •  Markets  •  Nov 21, 2023 by Deniz Saat

Changpeng Zhao, founder of Binance, the world's largest Bitcoin and cryptocurrency exchange, has agreed to plead guilty to charges of money laundering, as revealed in recent court documents. Binance will also plead guilty and is set to pay fines and restitution totaling $4.3 billion.  Zhao will pay

Tether Plans to Expand into Bitcoin Mining Industry
Tether Plans to Expand into Bitcoin Mining Industry
News  •  Bitcoin  •  Nov 18, 2023 by Deniz Saat

Tether Holdings Ltd., the entity behind the $87 billion USDT stablecoin, is venturing into Bitcoin mining, a move that represents a significant shift from its core business.  Paolo Ardoino, the incoming CEO, revealed plans to invest approximately $500 million in the next six months.  This investment includes constructing their own

SEC Discusses Bitcoin Spot ETF Application With Grayscale
SEC Discusses Bitcoin Spot ETF Application With Grayscale

Recently, the U.S. Securities and Exchange Commission (SEC) held discussions with Grayscale Investments regarding the proposal to convert the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin Exchange-Traded Fund (ETF).  Detailed in an SEC memo, the meeting involved Grayscale's top executives, including CEO Michael Sonnenshein and CFO

News  •  Bitcoin  •  Nov 22, 2023
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SEC Discusses Bitcoin Spot ETF Application With Grayscale
SEC Discusses Bitcoin Spot ETF Application With Grayscale

Recently, the U.S. Securities and Exchange Commission (SEC) held discussions with Grayscale Investments regarding the proposal to convert the Grayscale Bitcoin Trust (GBTC) into a spot Bitcoin Exchange-Traded Fund (ETF).  Detailed in an SEC memo, the meeting involved Grayscale's top executives, including CEO Michael Sonnenshein and CFO

News  •  Bitcoin  •  Nov 22, 2023
Binance CEO Changpeng Zhao Announces Decision To Resign and Admits Guilt
Binance CEO Changpeng Zhao Announces Decision To Resign and Admits Guilt

Changpeng Zhao, founder of Binance, the world's largest Bitcoin and cryptocurrency exchange, has agreed to plead guilty to charges of money laundering, as revealed in recent court documents. Binance will also plead guilty and is set to pay fines and restitution totaling $4.3 billion.  Zhao will pay

News  •  Markets  •  Nov 21, 2023
Tether Plans to Expand into Bitcoin Mining Industry
Tether Plans to Expand into Bitcoin Mining Industry

Tether Holdings Ltd., the entity behind the $87 billion USDT stablecoin, is venturing into Bitcoin mining, a move that represents a significant shift from its core business.  Paolo Ardoino, the incoming CEO, revealed plans to invest approximately $500 million in the next six months.  This investment includes constructing their own

News  •  Bitcoin  •  Nov 18, 2023
Judge Finalizes Dismissal of Lawsuit Against Tether and Bitfinex as Plaintiff Withdraws Appeal
Judge Finalizes Dismissal of Lawsuit Against Tether and Bitfinex as Plaintiff Withdraws Appeal

In a recent development, Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York rejected Shawn Dolifka's request to amend his class action lawsuit against Tether and Bitfinex.  https://twitter.com/tether_to/status/1724816445299720357 Subsequently, Dolifka chose not to

News  •  Business  •  Nov 16, 2023
What if MSTR Is the ETF We Wanted All Along?
What if MSTR Is the ETF We Wanted All Along?

A recent post by Mitesh Patel on X has ignited a discussion on the pros and cons of these two approaches, shedding light on the impact of fees on long-term returns. Patel's analysis compared self-custody, a Bitcoin ETF with a 1% fee, and an Individual Financial Advisor (IFA)

News  •  Bitcoin  •  Nov 15, 2023
TeraWulf Leads the Pack as Bitcoin Mining Goes Nuclear
TeraWulf Leads the Pack as Bitcoin Mining Goes Nuclear

TeraWulf Inc., a Bitcoin mining company, stands firmly at the forefront of environmentally conscious Bitcoin mining, not only within the United States but on a global scale.  As the first Bitcoin miner to use nuclear energy as its power source, TeraWulf's most recent expansion venture takes shape with

News  •  Bitcoin  •  Nov 15, 2023
Commerzbank, Germany’s Fourth Largest Bank, Receives License for Bitcoin Custody
Commerzbank, Germany’s Fourth Largest Bank, Receives License for Bitcoin Custody

Commerzbank, ranking as Germany's fourth-largest bank, recently announced its achievement as the first among its German counterparts to obtain the Bitcoin and Crypto Custody License, as per Article 1 Section 1a Sentence 1 No 6 of the German Banking Act (KWG). This license marks a significant step for

News  •  Bitcoin  •  Nov 15, 2023
SideSwap Announces Integration With Blockstream Jade Hardware Wallet
SideSwap Announces Integration With Blockstream Jade Hardware Wallet

SideSwap has integrated its swap markets with the Blockstream Jade hardware wallet, allowing users to securely access swap markets from cold storage. https://twitter.com/side_swap/status/1722890290879447220 This collaboration enables Blockstream Jade hardware wallet users to maintain control over their private keys, enhancing the security of their funds.

News  •  Bitcoin  •  Nov 12, 2023
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