Key Takeaways The U.S. Securities and Exchange Commission (SEC) has extended its review period for Franklin Templeton’s proposed Bitcoin and Ethereum Crypto Index Exchange-Traded Fund (ETF) until January 6, 2025. The decision, announced in a filing on November 20, 2024,…
Key Takeaways A recent ruling by Judge Sun Jie of the People’s Court of Songjiang District in Shanghai has clarified the legal status of crypto in China, stating that virtual currencies are considered legal commodities with property rights. The ruling…
Key Takeaways Bitwise Asset Management has formally taken the first step toward launching a spot Solana exchange-traded fund (ETF), registering a statutory trust in Delaware for the proposed product. The filing, made on November 20, is a crucial development in…
Key Takeaways South Korean authorities have officially confirmed that North Korean hacker groups Lazarus and Andariel were responsible for the 2019 hack of South Korea-based crypto exchange Upbit. The National Office of Investigation announced on November 21 that the hack,…
Key Takeaways California-based cryptocurrency firm BitGo has officially launched its Singapore subsidiary, three months after receiving a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). The move enables the company to offer a range of regulated…
Key Takeaways Ilya “Dutch” Lichtenstein, the architect of the 2016 Bitfinex Bitcoin heist, has been sentenced to five years in prison. His wife Heather Morgan, a self-styled rapper known as “Razzlekhan,” has been sentenced to 18 months in prison. The…
Key Takeaways Delhi Police have made a significant breakthrough in the investigation of the $235 million hack of India-based crypto exchange WazirX, arresting SK Masud Alam from West Bengal. The arrest was made by the Special Cell of the Delhi…
Key Takeaways The liquidators of Three Arrows Capital (3AC), the now-defunct hedge fund, have raised their bankruptcy claim against the crypto exchange FTX from $120 million to $1.5 billion. The updated claim accuses FTX of prematurely liquidating 3AC’s assets just…
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