Crypto News And Market Updates

Canary Capital files for its Spot XRP ETF with the SEC, offering investors traditional access to the Ripple-issued XRP token.

Canary Capital Files for Spot XRP ETF, Days After Bitwise Bid With SEC

October 9, 2024 Paulo

Canary Capital has filed for a spot XRP ETF, offering investors exposure to XRP via traditional brokerage accounts following Bitwise’s submission.

Illustration of corporate executives analyzing Bitcoin’s role as a reserve asset against a backdrop of digital currency icons.

Palau Launches Blockchain-Based Savings Bonds Developed by Soramitsu

October 8, 2024 Paulo

Palau launches blockchain-based savings bonds with Soramitsu and Japan’s METI, enabling citizens to invest in national infrastructure projects via mobile apps.

Fold app announces SEC filing for public listing with FLD ticker on Nasdaq.

Fold App Submits SEC Filing, Plans to Go Public Under New Ticker “FLD”

October 8, 2024 Paulo

Fold app files S-4 with SEC to go public under FLD ticker on Nasdaq, merging with FTAC Emerald. Bitcoin rewards will expand under new financial growth plans.

Image depicting US legal efforts to recover cryptocurrency stolen by North Korea's Lazarus Group

US Moves to Recover $2.6 Million in Crypto Stolen by North Korea’s Lazarus Group

October 7, 2024 Paulo

The U.S. files a complaint to recover $2.6M in stolen cryptocurrency from North Korea’s Lazarus Group, disrupting their role in global cyberattacks.

Hong Kong SFC office building, symbolizing crypto regulations and licensing

Hong Kong’s SFC Set to Approve Batch of New Crypto Licenses by End of Year

October 7, 2024 Paulo

Hong Kong’s SFC will approve a new batch of crypto licenses by year-end, aiming to regulate 11 virtual asset trading platforms currently under review.

UAE exempts cryptocurrency transfers and conversions from value-added tax, boosting its crypto economy

UAE Exempts Cryptocurrency Transfers and Conversions from VAT

October 6, 2024 Paulo

The UAE announces VAT exemptions for cryptocurrency transfers and conversions, aiming to attract more crypto businesses to Dubai and Abu Dhabi hubs.

Bitcoin demonstrating market resilience amid economic downturn

Dollar-Cost Averaging Bitcoin From 2021 Market Peak Yields 107% Return

October 6, 2024 Paulo

Dollar-cost averaging Bitcoin from its 2021 peak has yielded a 107% return, showcasing the strategy’s effectiveness for long-term investors.

Tether USDT documentary teaser showing users from inflation-stricken countries like Brazil and Argentina.

Tether Teases USDT Documentary on 10th Anniversary

October 6, 2024 Paulo

Tether releases USDT documentary teaser on its 10th anniversary, highlighting its role in combating inflation and promoting financial inclusion worldwide.

David Carmona, founder of IcomTech, receives 10-year prison sentence for Ponzi scheme.

Founder of Crypto Ponzi Scheme IcomTech Sentenced to 10 Years in Prison

October 5, 2024 Paulo

David Carmona, founder of IcomTech, sentenced to 10 years in prison for a Ponzi scheme, defrauding victims of $8.4M with false promises of crypto wealth.

HBO documentary "Money Electric: The Bitcoin Mystery" investigates the identity of Bitcoin creator Satoshi Nakamoto.

HBO Joins the Hunt for Bitcoin’s Mysterious Creator Satoshi Nakamoto

October 5, 2024 Paulo

HBO’s new documentary claims to unveil the true identity of Bitcoin’s creator, Satoshi Nakamoto. Past efforts have failed—will this one succeed?