BlackRock has submitted a Form 8-A filing with the U.S. Securities and Exchange Commission to register the iShares Bitcoin Premium Income (BITA) ETF, based on the leading cryptocurrency. The product offers access to the spot bitcoin market with an income-generating mechanism. The fund plans to sell call options primarily on its own IBIT shares, and […]
South Korean tech giant LG Electronics has developed its own Layer 2 network based on Arbitrum. This solution will serve as the foundation for a digital advertising platform. LG Electronics is building with Arbitrum. LG’s blockchain team, part of the company’s R&D division, is piloting an onchain advertising network on Arbitrum. The full story, including […]
Singapore’s Enterprise Singapore, under the Ministry of Trade and Industry, has unveiled the Standards and Conformance 2035 roadmap, highlighting AI as a key focus for standardization and compliance assessment. The agency has also formalized five memorandums with international and regional partners, covering areas from AI and quantum technologies to carbon projects and credits. The document […]
The U.S. Securities and Exchange Commission (SEC) has proposed rescinding two key rules of Regulation NMS. The initiative aims to reduce market participants’ costs and encourage innovation. Officials plan to revoke rules 611 and 610(e). The first prohibits trades at prices less favorable than the best offers on other platforms. The second limits the display […]
The International Monetary Fund (IMF) noted a significant increase in cryptocurrency use in Nepal, despite a complete ban in the country. According to the organization’s report, the influx of digital assets in Nepal began to rise sharply in 2019. By 2021, transaction volumes exceeded 13% of the country’s GDP, amounting to $2.6 billion. By 2024, […]
Analysts at Allium identified five significant profitable short positions on ZEC at Hyperliquid totaling over $72 million, opened on May 25-26 — just days before the discovery of a vulnerability in the Orchard pool. The critical bug was identified on May 29, but the information was publicly disclosed only on June 5. Amid discussions of […]
Hungary will lift unwarranted restrictions on the digital asset market, according to the country’s new Minister of Science and Technology, Zoltan Tanach, as reported by Bloomberg. Legislation in place since 2025 has imposed criminal liability for providing crypto services without special permission. As a result, major players, including the fintech platform Revolut, have exited the […]
The US needs to tighten its approach to regulating artificial intelligence, shifting from a disclosure regime to mandatory safety checks for the most powerful AI models. This proposal was made by Anthropic CEO Dario Amodei in his essay. According to him, it’s time to move from transparency to more serious and mandatory AI regulation. Alongside […]
The American states of Delaware and New Jersey have enacted laws prohibiting cryptocurrency ATMs. The authors of the initiatives cited increased fraud risks. The documents ban the ownership, installation, and operation of such devices. Violations of the provisions are subject to fines of up to $10,000. The Delaware law also restricts fiat-to-cryptocurrency exchanges that “mimic […]
Meta has removed facial recognition components from the latest version of the Meta AI app for smart glasses. This action followed an investigation published by WIRED. Journalists discovered a hidden NameTag system in the app’s code for smart glasses. It allowed the creation of unique biometric profiles of individuals captured by the device. The program […]
