Subject to approval from the SEC, the Bitwise spot XRP ETF will provide exposure to the value of XRP held directly by the trust.
Crypto Law Articles
September crypto hacks surpass $120M, centralized exchanges hit
Cryptocurrency hacks in September totaled over $120 million, with centralized exchanges BingX and Indodax accounting for more than half.
Hamster Kombat tappers evolve with Swipe-to-Earn + Axie Pals Tamagotchis: Web3 Gamer
Hamster Kombat is “lighthearted and fun” but tap-to-earn gameplay is evolving; gamers playing 80-hrs a week to win a $100K prize: Web3 Gamer.
‘Wealthiest US prisoner’: How did Binance founder CZ get there?
Binance founder and former CEO Changpeng “CZ” Zhao is the wealthiest person to serve jail time in the US, with current net worth estimated more than $60 billion.
Canada crypto exchanges get more time for stablecoin compliance
Crypto platforms in Canada are having trouble preparing for new stablecoin regulations. Take your time, the Canadian Securities Administrators said.
Bitcoin and Binance token dip slightly as CZ is released
According to a previous Forbes report, Zhao and Binance collectively hold 71% of the roughly 146 million BNB tokens in circulation.
Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express
Worldcoin fined over privacy rules in South Korea, Hong Kong crypto trading store clerk scarpers with customer’s $500K in cash: Asia Express.
SEC scores partial win against blockchain firm Opporty over $600K ICO
A United States federal judge sided partially with the SEC, finding that Opporty and its founder, Sergii Grybniak, offered “unregistered securities” in a 2018 ICO.
Hong Kong to align crypto OTC derivative rules with European standards
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA’s standards, including the use of Digital Token Identifiers.
South Korea fines Worldcoin for violating personal protection laws
Despite the regulatory hurdles, the project’s WLD token surged 35% this week, from $1.60 on Sept. 19 to $2.16 on Sept. 26.
Advanced AI system is already ‘self-aware’ — ASI Alliance founder
ASI Alliance founder Ben Goertzel says the alpha version of the AGI he’s been working on for 20 years is “self aware” and scaling up fast.
Crypto hacks surge to $2.1B in 2024, CeFi hit hardest — Cyvers
Threats like AI-driven attacks and quantum computing vulnerabilities need to be addressed with real-time monitoring and solid regulation.