Author: CryptoHoppers

Key Takeaways The SEC approved options trading for BlackRock’s Bitcoin ETF with strict oversight. SEC sets 25,000 contract cap on BlackRock’s Bitcoin ETF options. Share this article The US Securities and Exchange Commission (SEC) has approved options trading on BlackRock’s iShares Bitcoin Trust (IBIT), according to a filing published today. With IBIT options approved, investors now have a new tool for hedging and managing risk tied to Bitcoin’s price. These physically settled options will operate similarly to other ETF options already traded on US exchanges. The SEC stated that IBIT options will face strict surveillance and oversight, following ETF trading rules…

If you’re a fan of endless runner games with a twist, you’ve likely come across Dookey Dash: Unclogged. This quirky, viral sensation from the creators of Bored Ape Yacht Club is back for Season 1, and the stakes are higher than ever, with a prize pool exceeding a staggering $1 million. From plunging through the chaotic sewers to dodging bizarre obstacles, this game combines humor, fast-paced racing, and Web3 customization like never before. Here’s everything you need to know about the game and its creators. From the Minds Behind Bored Ape Yacht Club: Yuga Labs Dookey Dash is the brainchild…

Bitwise, a crypto index fund and ETF provider, believes that ethereum has the fundamentals needed to recover from its bad price performance compared to currencies like bitcoin. Bitwise CIO Matt Hougan compared Ethereum with Microsoft, stating that while it was not as disruptive as other chains, it still had the size to overcome these difficulties. […] Source link

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Many misunderstand crypto, thinking its anonymity hides them from the IRS. In reality, crypto income is taxable. Here’s a guide on how to pay in 2024. A lot of people still have misconceptions about the way cryptocurrency works. They’ve heard that cryptos provide anonymity, which makes them develop a false assumption that not even the IRS will be able to track the amount of cryptocurrency income they receive. This, however, is false. Not only do you have to pay…

Key Takeaways BingX suffered a security breach targeting its hot wallet. The exchange commits to fully reimbursing affected users using its own funds. Share this article BingX, a Singapore-based crypto exchange, said it suffered a security breach that led to “minor” losses in its hot wallet on September 20 (Singapore time). The exchange is committed to fully reimbursing users for any losses incurred due to the hack using its capital.According to a statement shared by BingX’s product manager Vivien Lin, the company’s engineering team detected unusual network access at around 4:00 AM Singapore time, suggesting a potential attack. “We immediately…

Mastercard and Safaricom have partnered to improve payment acceptance and cross-border remittances in Kenya. The partnership will benefit over 636,000 merchants using M-Pesa and enable them to serve customers globally. This collaboration will provide faster and more reliable payment solutions for Kenyan businesses and their customers. Streamlining Cross-Border Transactions The multinational payment card services corporation, […] Source link

Google Cloud has announced the launch of a new Blockchain RPC (Remote Procedure Call) service today to support Web3 developers. Blockchain RPC helps developers to interact with blockchain data and provides a cost-effective, scalable, and reliable solution for an easy managing node infrastructure.Blockchain RPC supports Ethereum JSON-RPC standard and lets developers integrate it into their applications with a single line of code. As per the official announcement, “The service also launches with support for Ethereum mainnet and testnets, and including several additional chains over the next year.” With this service, one can easily transition from existing RPC providers by simply changing…

Key Takeaways Rari Capital and its co-founders settle with the SEC over unregistered securities offerings. The SEC continues to enforce regulations in the DeFi sector, emphasizing economic realities over labels. Share this article The US Securities and Exchange Commission (SEC) has settled charges with Rari Capital and its co-founders for unregistered securities offerings and misleading investors in connection with two DeFi platforms—Earn and Fuse, as reported in today’s SEC press release.Rari Capital, co-founded by Jai Bhavnani, Jack Lipstone, and David Lucid, operated two blockchain-based platforms: Earn pools and Fuse pools, which functioned similarly to traditional investment funds, allowing users to…

PRESS RELEASE. September 19, Singapore – Today, HTX DAO and TRON, in collaboration with Alethea AI, Tour Billion, BitWave, ChainGPT, Google Cloud, and The Block, hosted an afterparty following TOKEN2049, one of the world’s most influential Web3 events. This highly anticipated crypto night brought together over 1,100 Web3 pioneers to discuss the future of the […] Source link