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Guernsey regulator approves launch of Bitcoin ETF by Jacobi Asset Management

The GFSC-approved Jacobi Bitcoin ETF is a cryptocurrency-based crypto financial instrument backed by Bitcoin Escrow provided by Fidelity Digital Assets. Jacobi Asset Management, a London-based multi-asset investment platform, received approval from the Guernsey Financial Services Commission (GFSC) to launch a Bitcoin (BTC) exchange-traded fund (ETF). Speaking to Cointelegraph, Jamie Khurshid, CEO of Jacobi Asset Management,…

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Traders Celebrate Looming Bitcoin ETF, But Options Markets Are Less Secure

The United States Securities and Exchange Commission, or SEC, is expected to decide on October 18 whether or not to approve an application from asset manager ProShare Capital Management for a Bitcoin Traded Fund (ETF). As previously reported by Cointelegraph, SEC Chairman Gary Gensler recently suggested that the regulator was more inclined to approve indirectly…

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Why We Could See the First US Bitcoin ETF Approved in October

Several mutual funds have applied for Bitcoin ETFs in the United States. The number has grown as interest in cryptocurrencies has increased in recent months. So far, some countries have approved certain encrypted ETFs and investors can trade with them. However, the United States has yet to see the approval of its first bitcoin ETF….

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Blockchain 30th Anniversary Celebrated by Blockchain’s First Inventors

Drs. Stuart Haber and W. Scott Stornetta, the co-inventors of the first blockchain, collaborate with a team of industry-leading partners to celebrate the beginning of blockchain technology, its past, present and future. It’s a tribute to the trip and the community. Blockchain 30th Anniversary Celebration As a result, according to today’s announcement, the blockchain’s 30th…

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Scammers pay six digits for misspelled website domains in hopes of deceiving victims

The scammers reportedly spent hundreds of thousands of dollars to buy misspelled website addresses linked to cryptocurrency companies in hopes of deceiving victims. The Washington Post claims that misspelled domain names are used to mislead visitors into thinking they are dealing with legitimate cryptocurrency companies. According to the report, a Brazilian spent more than $200,000…

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Nigerians’ Upbeat CBDC Will Improve Payments And Help Promote Cryptocurrencies

Nigerians hope that the central bank planned digital currency (CBDC), also known as e-naira, will improve international payments and facilitate the widespread use and acceptance of the naira. E-Naira launches a giveaway to Cryptos In fact, according to a VOA report, some Nigerian blockchain experts like Janet Kaatyo believe that the launch of e-naira will…

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Bitcoin Exchange CoinCorner Acquires Coinfloor Client Base and Domains

UK exchanges have agreed to move Coinfloor clients to CoinCorner “for further bitcoin adoption.” CoinCorner, a UK bitcoin exchange and service provider, announced today that it has acquired the customer base and internet domains of another UK BTC exchange, Coinfloor. “We are very excited to welcome Coinfloor customers to CoinCorner,” said Danny Scott, CEO of…

Coinbase claims malicious actors stole crypto from at least 6,000 merchants this year

Encryption Swap Coinbase claims malicious actors have stolen crypto assets from at least 6,000 merchants this year. In a letter posted to the California Attorney General’s website, Coinbase claims that the hackers took advantage of a loophole in the exchange’s SMS account recovery process to receive a two-factor authentication token via SMS and access the…