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Key Points: Grayscale spot Bitcoin ETF has ended a four-month outflow streak, seeing nearly $32 million in inflows during the latest trading session. Despite facing over $17 billion in withdrawals due to higher fees and industry bankruptcies, GBTC
Read MoreHodlX Guest Post Submit Your Post After five years of drama and dozens of rejections, ETFs (exchange-traded funds) based on Bitcoin’s spot price have finally been approved. A total of 11 ETFs are making their market debut, allowing US investor
Read MoreThe US Department of Justice (DOJ) has arrested two Chinese nationals, Daren Li and Yicheng Zhang, for orchestrating a massive crypto scam known as “pig butchering.” This scheme led to the laundering of at least $73 million. The arrests hig
Read MoreIn the first quarter of 2024, Canaan Inc. generated $35.1 in revenues versus the $72.4 million in costs incurred in the same period which resulted in the company recording a gross loss of $37.3 million. Nangeng Zhang claimed that Canaan’s revenues in th
Read MoreThe U.S. Congress bipartisan vote has overwhelmingly demonstrated its rejection of the SEC’s SAB 121. President Biden threatened to veto the overruling. Will the executive branch overthrow Congress’s decision?
Read MoreAn Ohio family says a single phone call led to thousands of dollars being drained from their JPMorgan Chase bank account – and Chase says they’re on the hook for it. The Kalista family says they recently received a phone call from what was alleged
Read MoreCrypto exchange Coinbase believes the odds of the SEC approving spot Ethereum ETFs by the end of the month stand between 30% to 40%. In a May 15 report, Coinbase Institutional Research Analyst David Han asserted that the main factor that led the SEC to ap
Read MoreLayer 2 (L2) scaling solution Optimism reported a series of strong network metrics in the first quarter (Q1) 2024, with its native OP token surging 9% on the back of this bullish momentum. Optimism Sees Higher Activity And Rising Transaction Fees Accordin
Read MoreDolce & Gabbana USA Inc. faces a lawsuit from a customer who claims the non-fungible tokens (NFTs) he bought for $6,000, which included metaverse outfits, lost 97% of their value due to delivery failures by the luxury fashion house. The complaint, fil
Read MoreThe United States Department of Justice alleges Thomas John Sfraga convinced a victim to invest in a "fictitious" cryptocurrency” wallet after promising significant gains.
Read MoreThe Department of Justice charged Daren Li and Yicheng Zhang with orchestrating a “pig butchering” cryptocurrency scam.
Read MorePink Drainer, a notorious crypto-wallet draining kit, announced their shutting down through a Telegram message after helping steal over $85 Million. In a Telegram message, the members of the group declared that they had achieved their goal as per
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