The asset manager submitted an amended S-1 Form with the SEC on deadline day, switching to cash-only subscriptions like most issuers seeking spot Bitcoin ETF approval. VanEck’s update did not name the authorized participants for its VanEck Bitcoin Trust, an exchange-traded fund aiming to invest in the largest cryptocurrency by market cap at its spot price. https://twitter.com/BitcoinMagazine/status/1740788284253520368 Several other issuers...
Coinbase has changed its head of custody, potentially as a strategic decision for handling services related to spot Bitcoin ETFs. The departure of Aaron Schnarch, the former Chief Executive Officer of Coinbase Custody, marks a pivotal shift in the company’s leadership. Schnarch’s position has been filled by Rick Schonberg, who joined Coinbase in 2021 and brings experience from...
There’s been a noticeable uptick in trading cryptocurrency options and futures since Christmas, primarily driven by traditional financial institutions. This increase is largely in anticipation of a key decision by U.S. regulatory authorities regarding the approval or disapproval of exchange-traded funds (ETFs) focused on direct investments in Bitcoin. As reported by Bloomberg, recent data indicates that Bitcoin...
Singapore’s prime minister Lee Hsien Loong warned the public about a deepfake video, depicting him promoting a crypto scam ‘envisioned by Elon Musk.’ In an X post on Dec. 29, Singapore‘s prime minister Lee Hsien Loong has issued a public warning that addressed the emergence of deepfake videos depicting him promoting crypto scams with the help of artificial intelligence...
One of the largest cryptocurrency exchanges, OKX, announced delisting several trading pairs at once. According to the Dec. 29 announcement, OKX will delist stablecoin USD Coin (USDC), Tether (USDT), and Bitcoin (BTC) trading pairs with several prominent privacy-focused cryptocurrencies, including Monero (XMR) and Dash (DASH). The delisting will take place on Jan. 4 and 5, 2024. The exact...
JOHOR BAHRU: Members of a comedian group, Senario, have requested their fans to pray for the recovery of their colleague, Hamdan Ramli who is hospitalised and sedated at the Sultanah Aminah Hospital (HSA) here due to suspected kidney complications. Azlee Jaafar said Hamdan, whose real name was Ahmad Hamdan Mohamed Ramli, 54, had never told him...
IN today’s ever-changing global landscape, the pillars of diversity and inclusion (D&I) have emerged as integral components of ethical organisation practices and key drivers of sustainability. As the world becomes increasingly interconnected, organisations recognise that fostering a diverse and inclusive environment goes beyond social responsibility – it is a strategic imperative for long-term success and growth. PETRONAS...
PETALING JAYA: The viral letter purportedly from Umno Youth calling for an emergency meeting to discuss the party's exit from the unity government is fake, says Dr Akmal Saleh. The Umno Youth chief denied issuing such a letter, and added that he was notified of the fake letter by a close friend on Saturday (Dec 30)...
KUALA LUMPUR: Riad Asmat has resigned as AirAsia's chief executive officer (CEO). In a post on his Instagram account, Riad thanked AirAsia for the journey. "It has been a journey and a half and I loved every single bit of it with no regrets. To my wonderful AllStars, thank you for the undying support given throughout the...
KUALA LUMPUR: Legal action for defamation is being pursued against Boycott, Divestment, Sanctions (BDS) Malaysia says McDonalds Malaysia. It said in a statement issued on Friday (Dec 29) that it has been transparent and consistent in its stance that it does not support or condone the current conflict in Gaza. "Like all Malaysians, our utmost sympathies go...
