Key facts: Tom Emmer calls Gensler “the most destructive chairman the SEC has ever had.” Patrick McHenry criticises the lack of clarity in regulations, and calls for precise definitions. As expected, the five commissioners of the US Securities and Exchange Commission (SEC) appeared before the House Financial Services Committee today. It was a hearing in … Read more
Key facts: The new deadline for an SEC decision is November 10, Bitcoin ETF options were approved last week. The U.S. Securities and Exchange Commission (SEC) has decided to postpone its decision on the proposal to list and trade options on an ether (ETH) ETF (exchange-traded fund). It was announced today, September 24, 2024, that … Read more
Highlights America has also banned Chinese smart vehicles.Earlier, 100% duty was imposed on electric vehicles.America is trying its best to isolate China. Ban on Chinese vehicles: On Monday, the US Commerce Department put forward a new proposal that plans to ban connected vehicles equipped with Chinese software and hardware from US roads due to national … Read more
Bank of New York Mellon (BNY Mellon), the oldest bank in the United States, announced its plan to implement custody services for bitcoin (BTC) and ether (ETH), specifically for exchange-traded fund (ETF) investors. This development represents a milestone in the adoption of cryptocurrencies by traditional financial institutions. The BNY Mellon’s decision is based on a … Read more
The developer team behind bonk (BONK), a memecoin on the Solana network, has revealed plans to launch an exchange-traded product (ETP) in the United States. During an event called Solana Breakpoint, BONK’s main contributor Nom None, advancement“We are proud to announce that we are working with an incredible team to launch the first BONK-based ETP.” … Read more
Key facts: They now have the funds necessary to operate without any problems until the end of this year. They will implement a savings method to accumulate reserves and avoid the same situation in the future. Mi Primer Bitcoin, the El Salvador-based nonprofit dedicated to Bitcoin (BTC) education, announced that it has overcome its financial … Read more
Key facts: The ETH cryptocurrency remains above $2,600 for now. ETH ETFs have not performed as well as many had hoped. Ethereum’s cryptocurrency Ether (ETH) ETFs saw a net outflow of nearly $80 million on Monday, marking their largest withdrawal of capital since late July. This event highlights the challenges faced by financial instruments based … Read more
KRN Heat Exchanger and Refrigeration IPO: Heat exchanger maker KRN Heat Exchanger & Refrigeration has raised over Rs 100 crore from anchor investors. The company has raised this amount from 10 anchor investors today on 24 September before the IPO opens. The company’s IPO is going to open tomorrow i.e. on 25 September. The Rajasthan-based … Read more
Key facts: According to the government, “illegal” farms have been detected in some other regions. Unauthorized cryptocurrency mining is causing power outages, Russian officials say. Russian authorities say they will pay more attention and effort to combat illegal Bitcoin mining. This is amid power outages and repairs due to the arrival of winter expected in … Read more
Key facts: GameShift offers solutions for network-based gaming, such as wallets and payment systems. Google Cloud aims to leverage GameShift’s non-custodial invisible wallets. The technology giant Google announced Google Cloud’s partnership with Solana Labs, the Solana (SOL)-based product development company, with the aim of boosting the video game industry on this network. According to the … Read more