Day: April 26, 2023

21Shares and Cathy Wood’s Ark Investment Renew Bitcoin ETF Bid amid BTC Price Rebound

The new filing comes as cryptocurrencies, and risk assets in general, are in recovery after a bad 2022. Crypto exchange-traded-product issuer 21Shares and investment firm Ark Investment Management are once again trying to get a spot Bitcoin exchange-traded fund (ETF) approved. This comes after the United States Securities and Exchange Commission (SEC) rejected two previous attempts. The firms argue that such a fund would offer protection currently not available to investors in the United States. The  ARK 21Shares Bitcoin ETF would trade under the ARKB ticker and would track the…

Bitcoin Inches Toward $29K; Cardano Leads Gains Among Crypto Majors

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Apple Working on AI-Powered Health Coaching Service

According to those familiar with the matter, the Quartz healthcare coaching app will have a monthly subscription fee. The launch date is not yet confirmed, it might be 2024 or later. Tech giant Apple Inc (NASDAQ: AAPL) is reportedly developing an application that will employ artificial intelligence (AI) and serve as a health coach. Codenamed “Quartz”, the application is designed to motivate users to take care of their health, keep track of their sleep, exercise, and make their eating habits better. The app is supposed to use AI and data…

Bitcoin Whitepaper Removed by Apple from Recent MacOS Beta

The whitepaper previously was in a folder in the Image Capture application along with several other random files like PDFs and Images. The world’s largest tech firm Apple has quietly cleared the Bitcoin white paper from the recent beta version of its operating system upgrade. On April 25th, the Apple-centric news site 9to5Mac claimed that the company had removed a test scanner application called Virtual Scanner II in the recent MacOS Ventura 13.4 beta, and consequently, the Bitcoin white paper vanished. Several hidden files in MacOS will not open without…

Binance.US Backs Out on Plans to Acquire Voyager Digital’s Assets

Voyager Digital has confirmed it received a deal termination letter from Binance.US. Binance.US, the United States arm of the Binance crypto exchange, has officially pulled out of the deal to acquire the assets of bankrupt crypto lender Voyager Digital. The digital currency trading platform revealed this through its official Twitter handle, highlighting the key reasons behind the decision. Binance.US said the deal which was first proposed in December will not be moving forward owing to the uncertainty in the regulatory environment in the US. “Binance.US has made the difficult decision…

‘No Immediate Path Forward’ in Binance Legal Battle

Now, CFTC is seeking a permanent trading and registration ban on Binance because the exchange supposedly lacks control over possible illicit transactions. The legal saga around crypto exchange Binance and its CEO Changpeng Zhao (CZ) continues as Commodity Futures Trading Commission (CFTC) is now in talks with the exchange, hoping to find a “path forward” in the battle that started last month. Back in March, the regulator filed a complaint against Binance, its co-founder Changpeng Zhao, and its former chief compliance officer Samuel Lim, accusing them of soliciting users in the US to…

CertiK blames zkSync’s MerlinDEX hack on private key management issue 

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied CertiK has attributed the over $1.82 million loss suffered by zkSync-based decentralized exchange, MerlinDEX, to a private key management issue rather than an exploit by bad actors. CertiK conducted an audit on MerlinDEX’s smart contracts before the incident. MerlinDEX, a zkSync-based platform is the latest decentralized finance protocol to lose the funds in its liquidity pool. The decentralized exchange (DEX) lost over $1.82 million during the early hours of April 26. So far, there have been…

Argentina Debates Dollarization in the Midst of Rampant Devaluation and Inflation – Economics Bitcoin News

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Javier Milei, a presidential candidate for the next election in Argentina, has presented a dollarization plan to fix the economy of the country if elected. The proposal, which has supporters and detractors, would aim to solve the historic devaluation of the Argentine peso and the 100%+ interannual inflation that Argentina registered in March. Dollarization Surges as Option to ‘Fix’ Argentine Economy Argentine economists and the population are debating dollarization as a possible solution to the devaluation and inflation problems the country is currently facing. The proposal, presented by Javier Milei,…