FBI arrests man behind SEC twitter hack posting fake Bitcoin ETF approval

Key Takeaways An Alabama man orchestrated a SIM swap to illegally access and manipulate the SEC’s Twitter account. The fraudulent Bitcoin ETF approval tweet caused a rapid $1,000 increase and subsequent $2,000... Read more »

ECB makes 25 bps rate cut as inflation drops to three-year low

Key Takeaways ECB’s rate cut follows a significant drop in inflation to 1.8%. Further rate reduction anticipated by markets by December. Share this article The Euro Central Bank (ECB) decided to cut... Read more »

Litecoin spikes 10% as Canary Capital applies for spot LTC ETF

Key Takeaways Litecoin briefly surged past $70 after Canary Capital filed with the SEC for a Litecoin ETF. Given that the SEC views most crypto assets as securities, it remains unclear whether... Read more »

Tether explores lending billions to commodity traders to shake up traditional trade finance

Key Takeaways Tether eyes commodity trade lending as smaller firms struggle to access traditional financing. USDT is already facilitating cross-border trade for Russian and Venezuelan exporters, underscoring stablecoins’ growing role. Share this... Read more »

Trump faces potential assassination attempt ahead of World Liberty token sale

Key Takeaways A potential assassination plot against Trump occurred ahead of the World Liberty token sale. The police assessed that the incident did not pose a direct threat to Trump or the... Read more »

China launches ¥500 billion funding scheme to support stock market

Key Takeaways China’s central bank has launched a ¥500B scheme to support the stock market. Financial institutions can use various assets as collateral under the new funding scheme. Share this article The... Read more »

Ripple co-founder donates $1 million XRP to Kamala Harris campaign

Key Takeaways Larsen’s donation marks the first crypto contribution to Harris’ campaign. Future Forward PAC surpasses $200 million in donations, backed by crypto platforms like Coinbase Commerce. Share this article Ripple co-founder... Read more »

$9 trillion Charles Schwab survey finds 45% of respondents plan to invest in crypto ETFs

Author: Victor J. Blue Key Takeaways 45% of ETF investors plan to invest in cryptocurrency ETFs in 2024. Millennials show a higher risk appetite with a major shift towards equities and crypto.... Read more »

Mt. Gox extends repayment deadline by one year to October 2025

Key Takeaways Mt. Gox has delayed its repayment deadline to October 2025. The delay is due to technical and administrative challenges faced by creditors. Share this article Mt. Gox, the defunct crypto... Read more »

Crypto markets dip as inflation data looms, Bitcoin holds firm above $60,500

Key Takeaways Bitcoin and Ether prices fall as the US dollar strengthens ahead of inflation data. The Fed may shift its focus toward supporting the labor market instead of prioritizing inflation control.... Read more »
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