Cryptocurrency ETFs Make a Splash in Hong Kong A Historic Moment for Bitcoin In a milestone moment for the cryptocurrency industry, Hong Kong’s debut of Bitcoin Exchange-Traded Funds (ETFs) has captured global attention with an impressive accumulation of $258 million worth of Bitcoin within the first week of trading. Led by the Huaxia Bitcoin ETF,…
Cred Executives Charged by US DOJ On May 3, the US DOJ announced charges against former executives of Cred, a bankrupt crypto lending and investing firm. Authorities alleged that the three accused individuals — Cred co-owner and former CEO Daniel Schatt, former CFO Joseph Podulka, and former CCO James Alexander — took part in a…
Sui Turns One: Debut Year of Growth and Tech Breakthroughs Puts Sui at Forefront of Web3 Grand Cayman, Cayman Islands, May 3rd, 2024 On the first anniversary of Sui’s Mainnet launch, the Sui community is celebrating a landmark year that saw it rise from a nascent ecosystem to the top tier of Layer 1 blockchains,…
Former SEC Member Predicts Strong Push for Crypto Regulation Under Trump Administration Description: Former SEC Division of Enforcement Assistant Director Jennifer Lee said on May 2 that Donald Trump’s possible reelection likely won’t change the SEC’s stance on crypto. Lee told CNBC the SEC “vigorously pursued crypto cases” during Trump’s first presidential term and that…
The Russian Ministry of Internal Affairs Puts Ukrainian President Zelensky on Wanted List Background The Russian Ministry of Internal Affairs recently made headlines by putting Ukrainian President Vladimir Zelensky on their wanted list. This shocking development has created a wave of controversy and speculation in political circles around the world. Details of the Wanted List…
Charmingly eccentric, full of personality, and designed for maximum reader engagement Challenging the notion of ‘Stag’ or ‘Flation’ Quick Take Federal Reserve Chair Jerome Powell dismissed concerns about stagflation following the release of the latest US economic data. In his speech following the Fed’s decision to keep fed funds rates at 5.25%-5.50%, Powell stated: “So…
Elon Musk’s Tesla Sues Indian Battery Maker for Trademark Infringement Background Elon Musk’s carmaker Tesla has filed a lawsuit against an Indian battery manufacturer for allegedly infringing its trademark by using the brand name “Tesla Power” to promote its products. The lawsuit was filed in a New Delhi court, where Tesla is seeking damages and…
Exciting News! Binance Helps Bust Online Fraud Scheme The Scoop Get this, folks – Binance, the popular cryptocurrency exchange, recently teamed up with Dutch authorities to take down a suspected online fraudster. According to reports from Dutch media outlet NOS, a 26-year-old man was arrested in connection with the scheme. Talk about a real-life cyber…
