by Theresa Joy Lacatan | Jun 18, 2024 | Blog News, Crypto News
The US Supreme Court has decided to review a significant case involving Nvidia Corp.’s disclosure of its crypto mining revenue, a decision that could set a precedent for future shareholder lawsuits. Nvidia is seeking to dismiss an investor lawsuit claiming that the...
by Theresa Joy Lacatan | Jun 17, 2024 | Blog News, Crypto News
El Salvador’s President Nayib Bukele has proposed the establishment of a Bank for Private Investment (BPI) to diversify financial services offered in both U.S. dollars and Bitcoin. This initiative, announced by Milena Mayorga, the Salvadoran Ambassador to the United...
by Theresa Joy Lacatan | Jun 17, 2024 | Blog News, Crypto News
The Australian Securities Exchange (ASX) has approved its first spot Bitcoin exchange-traded fund (ETF), which will commence trading on 20 June, 2024. The VanEck Bitcoin ETF (VBTC) will be issued by investment firm VanEck, as confirmed in a press release shared with...
by Theresa Joy Lacatan | Jun 15, 2024 | Blog News, Crypto News
In a move towards self-regulation ahead of anticipated government action, 24 leading cryptocurrency companies in Taiwan have joined forces to establish the Taiwan Virtual Asset Service Provider (VASP) Association. Announced on 13 June, 2024, this association aims to...
by Theresa Joy Lacatan | Jun 15, 2024 | Blog News, Crypto News
The Swiss Financial Market Supervisory Authority (FINMA) on 13 June, 2024, announced the commencement of bankruptcy proceedings against FlowBank. The decision came after FlowBank was found to lack the minimum capital required for its business operations. FINMA also...
by Theresa Joy Lacatan | Jun 13, 2024 | Blog News, Crypto News
The Open Network (TON) is emerging as a beacon of promise in the blockchain world. Initially built to enhance Telegram, one of the world’s most popular messaging apps, TON has evolved significantly. Despite Telegram stepping back due to regulatory issues, an...