South Korea Defies Trend: Rejects Crypto ETFs despite SEC’s Approval

Despite the recent approval of spot Bitcoin exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC), the South Korean Financial Services Commission (FSC) has stated that it would not permit the trading of cryptocurrencies on its local financial market. This decision, detailed in a press release yesterday (Thursday), sends a clear message that […]

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DEX Coins Nosedive as Regulators Swoop In; Investors Flee to Presale Coins Like $GFOX

DEXs, or decentralized exchanges, came under further governmental scrutiny in 2023. U.S. authorities have continued where they left off, initiating an investigation into Mango Markets, one of the top platforms.  The most valuable DEX coins have suffered a sharp decline in price due to heightened regulatory scrutiny. Many investors are already searching for alternatives because […]

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DePIN and DeWi Come to Sui in Groundbreaking Karrier One Partnership, Upcoming Token Launch

Markham, Ontario, January 11th, 2024, Chainwire The deal includes strategic investment from Sui to fuel the expansion of Karrier One’s growing global footprint Sui, in collaboration with Karrier One, proudly announces a strategic partnership that marks a significant leap in integrating advanced telecom services with the dynamic capabilities of web3 technology. At the heart of […]

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Web3 Investment Landscape Thrives in January as Bitcoin Options Rally: Report

KuCoin Research has released its monthly report for January 2024, highlighting a notable resurgence in Web3 investments. During this period, seed rounds and strategic financing increased, with 22% of projects securing funding that exceeded USD $10 million. Compared to the previous month, the proportion of projects with financing below USD $10 million decreased, signaling a […]

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“We’re So Back”: Trading Industry Reacts to Bitcoin ETF Approval

“This is a pivotal moment that legitimizes Bitcoin’s future,” said LMAX Group’s CEO, David Mercer, after the Securities and Exchange Commission approved 11 Bitcoin exchange-traded fund (ETF) applications. The crypto industry has received the much-anticipated approval for a spot Bitcoin ETF in the United States. Although only 11 companies were approved to list a Bitcoin […]

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Robinhood plans to list Bitcoin ETF soon as this new hybrid exchange joins the race

Robinhood to list SEC-approved Bitcoin ETFs, aligning with the convergence of crypto and finance. Pullix, powered by PLX token, introduces a hybrid crypto exchange. The PLX token pioneers “Trade-to-Earn” in the DeFi space. In a major development for the crypto space, trading app Robinhood is gearing up to list spot Bitcoin exchange-traded funds (ETFs) after […]

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