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Cathie Wood’s ARK Adds Surveillance-Sharing Agreement to Bitcoin ETF Application

Source: Shutterstock Cathie Wood's investment management firm, ARK Invest, is on the growing list of US-based firms that filed for spot Bitcoin exchange-traded funds (ETFs) approval with the SEC.   The investment manager, alongside crypto asset manager 21Shares,  filed  an amended spot BTC ETF proposal and added a surveillance sharing agreement. This amendment followed almost two weeks after BlackRock's spot Bitcoin ETF filing that generated a loud buzz within the crypto ecosystem. ARK’s Revised Spot BTC ETF Proposal Could Meet SEC Requirements BlackRock’s ETF filing  contained the surveillance agreement, implying that ARK and 21Shares added the latest revision to match BlackRock’s. ARK Invest and 21Shares submitted their spot Bitcoin ETF proposal to the SEC in April, nearly two months before BlackRock’s application came along.  Theoretically, the duration and amendment move could place the firms ahead of BlackRock in obtaining the SEC’s approval....

Binance reaches deal with SEC to avoid US asset freeze

  The compromise would allow the exchange to continue operating in the US for the time being. The Securities and Exchange Commission and Binance have come to an agreement that will allow the cryptocurrency exchange to continue operating in the US until a lawsuit filed by the SEC earlier this month is resolved. The regulator sued Binance and founder Changpeng Zhao, better known as CZ, on June 5th, alleging the company had artificially inflated trading volumes, mixed and diverted customer assets and failed to restrict US investors from trading on Binance.com when they were supposed to stay on a separate US system. After announcing the charges, the SEC sought to freeze Binance’s US assets. The regulator said the move was necessary to protect customer funds and prevent the company from potentially moving money abroad. Binance, meanwhile, argued an asset freeze would put it out of business in the US. On Tuesday, the judge overseeing the litigation ordered the two sides to come to ...

SEC Sues Crypto Exchange Binance

  SEC Sues Crypto Exchange Binance , CEO Changpeng Zhao Over Multiple Securities Violation Allegations The company already faces a suit from the Commodity Futures Trading Commission. The U.S. Securities and Exchange Commission sued crypto exchange Binance, the operating company for Binance.US and Binance founder and CEO Changpeng "CZ" Zhao on allegations of violating federal securities laws on Monday. Binance, Binance.US and CZ offered unregistered securities to the general public in the form of the BNB token and Binance-linked BUSD stablecoin, said the suit, which also alleges that Binance's staking service violated securities law. There are similar charges against BAM Trading – the operating company for Binance.US – and Binance itself, including failure to register as a clearing agency, failure to register as a broker and failure to register as an exchange. The SEC also alleged that Binance allowed for commingling of customer funds, that CZ was "secretly" con...

Crypto.com App Lists Access Protocol (ACS)

  Crypto.com App Lists Access Protocol (ACS) Buy ACS at true cost with USD, EUR, GBP, and 20+ fiat currencies MAY 30, 2023 Access Protocol  (ACS) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Cronos (CRO). Access Protocol is a monetization platform for digital content creators, that can be staked in order to access various digital publications. Built on Solana and Starknet, they offer an alternative to B2C subscriptions, thus aiming to revolutionize the way content creators can monetize their content. In this model monetization layer, users can support their favourite content creators directly and receive benefits for their patronage. ACS is the Solana SPL utility and governance token of Access Protocol. ACS can be utilised across participating creators by distributing ACS token or other benefits to th...

Epic Games Expands Its Gaming Universe

  Project Red and Defimon NFT Games Join the Roster Discover the latest gaming revolution as Epic Games introduces Project Red and Defimon to its impressive roster. Immerse yourself in the thrilling mafia-themed metaverse of Project Red and embark on an enchanting blockchain-powered adventure with Defimon . In a thrilling announcement, Epic Games, the powerhouse behind the popular gaming phenomenon Fortnite, has unveiled two groundbreaking additions to its ever-expanding repertoire of games. The gaming giant has entered into major collaborations with the mafia-themed metaverse game,  Project Red , and the enchanting blockchain-based Pokemon-like game,  Defimon . With these exciting partnerships, Epic Games continues to solidify its position as a pioneer in the world of gaming, attracting millions of active users worldwide. Epic Games and NFTs With  over 230 million registered users  and an astounding  34.3 million daily active users , Epic Games has fi...

The true story of The Descendents

  Once upon a time in a faraway galaxy, there existed a lone prince named CatastrophiX from the planet Avalon. CatastrophiX was the last of his kind, as a catastrophic event had destroyed his home planet and left him as the sole survivor. Determined to carry on his legacy, CatastrophiX embarked on a quest to explore the universe and find a new purpose for his existence. As he traveled through different star systems, CatastrophiX journey led him to a small blue planet called Earth. Intrigued by the planet's vibrant and diverse culture, he decided to observe its inhabitants from a distance. During his observations, CatastrophiX noticed that the people of Earth had created a revolutionary form of currency known as cryptocurrency coins, tokens and NFTs. Intrigued by the concept, CatastrophiX delved deeper into the world of cryptocurrency. He studied its origins, its underlying technology, and the impact it had on the global financial landscape. He realized that this decentralized form ...

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