The United States Securities and Exchange Commission has denied the proposal for a spot Bitcoin trust by investment manager VanEck. This decision follows a trend of the SEC denying every application for a spot Bitcoin trust over the last six years. Two SEC commissioners have released a statement criticizing the decision and alleging a double […]

Aave DAO has passed a proposal called “Rescue Mission Phase 1 Long Executor” to recover lost AAVE, LEND, Tether, UNI, and staked AAVE tokens that were mistakenly sent to certain token contracts in the past. This proposal authorizes Aave developers to upgrade the smart contracts and send the lost tokens back to their original owners […]

According to local reports, Nigerian financial institutions have begun abiding by a Supreme Court ruling that invalidated the Central Bank of Nigeria (CBN)’s demonetization of the 1,000, 500 and 100-naira banknotes. According to the court, Nigerian residents will continue to use the demonetized banknotes until the end of the year. Court Criticizes Outgoing Nigerian President […]

The post Solana (SOL) and Dogecoin (DOGE) Drive The Crypto Market, Orbeon Protocol (ORBN) Emerges As A Key Player With 1988% Increase During Presale appeared first on Coinpedia Fintech News Solana (SOL) and Dogecoin (DOGE) are two of the most prominent tokens in the crypto industry. The bull market of 2023 ensures that the demand […]

The post Ripple v SEC Heats Up: Bloomberg Expert Predicts Ruling In First Half Of 2023 appeared first on Coinpedia Fintech News Bloomberg Intelligence analyst Elliott Z. Stein recently commented on the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), stating that he expects a ruling on the summary judgement […]

The post Bitcoin At A Crossroads: Expert Analyst Warns Of Do-Or-Die Moment For BTC Price appeared first on Coinpedia Fintech News Bitcoin’s future remains uncertain as crypto analyst Cred warns that the cryptocurrency is on the verge of a crash. With a following of over 548,000 on Twitter, His warning has sparked concerns throughout the […]

The post Stablecoins No More Stable: After USDC Depeg, Is Tether’s USDT in Trouble? appeared first on Coinpedia Fintech News The collapse of Silicon Valley Bank (SVB) has caused worry in the crypto industry, especially for investors who use stablecoins like USDC and USDT. Let’s see how this affects these stablecoins. USDC and SVB Circle, […]

The post After Twitter, Elon Musk To Buy Collapsed Silicon Valley Bank (SVB)? Here’s The Complete Truth appeared first on Coinpedia Fintech News Silicon Valley Bank (SVB) in the United States was shut down by regulators as a result of Silvergate Capital Corp’s abrupt closure and SVB’s careless fundraising. The abrupt collapse has resulted in […]

The post Filecoin (FIL) Announces FEVM while Arweave (AR) Is at A Decline and TMS Network (TMSN) Passed Stage 1 Of Its Presale appeared first on Coinpedia Fintech News Staying in the loop about the latest and greatest blockchain-based projects is essential for any serious cryptocurrency trader and investor aiming to make a solid portfolio […]

Contrasting her statements against crypto auditors, numerous members highlighted the ongoing collapse of Silicon Valley Bank (SVB), a Federal Deposit Insurance Corporation-insured bank. United States Senators Elizabeth Warren and Ron Wyden asked the Public Company Accounting Oversight Board (PCAOB) to hold auditors accountable for failed crypto projects.  The PCAOB — a non-profit overseeing the audits […]