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63 articles found
Latest
BlackRock’s Bitcoin ETF Records $332 Million Outflow
On January 2, 2024, BlackRock’s iShares Bitcoin Trust (IBIT) recorded a staggering $332.6 million outflow, the largest since its launch. According to SoSoValue, this event represents the most significant single-day outflow ever for a Bitcoin ETF.
Mycelium — The Bitcoin Wallet That Stands the Test of Time
Combining open-source technology with decades of trust, Mycelium provides Bitcoin holders with unparalleled tools for storage and transactions. Let’s explore its features.
Grayscale Files for Solana Spot ETF Conversion
Grayscale Investments aims to enter the Solana-ETF market by filing for SEC approval to convert its Solana Trust into a spot ETF.
Bitwise: Is a Spot Solana ETF on the Horizon?
Investment firm Bitwise has filed with the U.S. Securities and Exchange Commission (SEC) for a trust fund in Delaware, signaling a potential move to apply for a spot ETF for Solana.
Bitwise May Launch XRP ETF, and It’s Official
Bitwise, a crypto asset management company, is taking steps to launch an XRP ETF (Exchange-Traded Fund). The company registered a trust entity in the state of Delaware, US, on October 1.
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Hedera Shares Codebase with Linux Foundation
Hedera became the first founding member of the Linux Foundation's Decentralized Trust (LFDT), transferring control of its source code, including core services, algorithms, and tools, to the foundation. This collaboration will be part of a new project called Hiero.
Grayscale Sets Sights on Ethereum ETF Market Leadership
Grayscale launched the Ethereum Mini Trust, offering an introductory zero-fee period (0% commission) for the first 6 months or up to $2 billion. Subsequently, the commission will be 0.15%, the lowest in the market, excluding initial discounts.
Linux Foundation's New Push for Decentralization
The Linux Foundation, a non-profit organization, is set to launch the LF Decentralized Trust (LFDT). This new platform aims to foster the development of open-source decentralized technologies across a range of sectors, including security, scalability, and finance.
Grayscale Adds Staking to Its Spot Ethereum ETF
Following Fidelity's lead, Grayscale Investments has introduced the capability to utilize the ETH in its trust for staking, as part of its application to register a spot Ethereum ETF.
Next-Level ERC-404: Enhanced Standards Hit the Crypto Market
Recently, several projects have announced the launch of enhanced versions of the ERC-404 token standard. What's the current status of the hyped standard by Pandora Labs, and can the new iterations regain the community's trust in fractional NFTs?
When NFTs Turn Deadly: The Tragic Case of Fraud and Loss
The NFT market remains plagued by fraudulent schemes, often with devastating outcomes. The recent case of Berman Jerry Nowlin’s death illustrates how these schemes can shatter trust and lead to tragic consequences.
Uber Driver Turns Out to Be a Skilled Crypto Hacker
A surprising story unfolded in Arizona: a routine Uber ride turned into a high-stakes crime drama. A cunning driver, posing as a friendly chauffeur, took advantage of a passenger’s trust and stole $223,000 worth of cryptocurrency from their smartphone.
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Financial Nihilism: Definition, Origins, and Consequences
Economic and cultural shifts often give rise to new philosophical currents. The 2008 financial crisis, paired with the advent of cryptocurrencies, fostered the emergence of financial nihilism—a deep-seated skepticism and loss of trust in traditional financial systems.
BlackRock's BTC ETF Gains $1.12 Billion, Surpassing Gold ETF
On November 7, U.S. spot Bitcoin ETFs reached a new milestone with net inflows totaling $1.38 billion in a single trading day, as reported by SoSoValue. This surge was largely driven by BlackRock's iShares Bitcoin Trust, which alone brought in $1.12 billion.
AI in Journalism: How to Maintain Reader Trust
AI has revolutionized the media industry. Quickly integrating into editorial workflow and newsrooms, artificial intelligence has enabled editorial teams to achieve higher productivity.
Pig Butchering Scams and the Dangers of Trusting People
If you’re confused by the dark term in our title, it has nothing to do with animals. Pig butchering is one of the top strategies used by online fraudsters who contact people online, gain their trust, and steal their money over time. The metaphoric name is used because scammers “feed up” victims with false promises to later rekt them.
Fed Hack Claims Dismissed
The hacker group LockBit, which recently claimed to have breached the U.S. Federal Reserve and stolen over 30 TB of secret documents, only managed to release confidential data from Evolve Bank & Trust. This included information about file domains, virtual machines, and more.
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How is Crypto Business Building Customer Trust?
As the regulatory environment for the cryptocurrency market remains in flux, often causing more instability than stability, crypto companies in the U.S. cannot afford to sit back. They are proactively working to secure the loyalty of investors and their community.
Crypto Con Artist Swindles $240,000 from American Senior
A tale of trust turned treachery: an American senior ventured into cryptocurrency investments guided by an online acquaintance from Instagram, resulting in a staggering loss of $240,000. Though wary of funneling substantial amounts into a dubious site at first, his initial crypto futures successes led him to up his investments. The insistence from his online friend to boost his deposit only fueled his decisions.
Ripple Secures Standard Custody & Trust in Latest Acquisition
Ripple (XRP), a cryptocurrency company, has just finalized the purchase of Standard Custody & Trust Company, a subsidiary of PolySign that specializes in corporate governance and the custody of digital assets. The transaction details, including the financial aspect, are yet to be revealed.
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