Dutch regulator warns of crypto pump-and-dump risks ahead of MiCA

September 29, 2024 Coin Telegraph

AFM

The Dutch AFM issued warnings about crypto market manipulation, focusing on pump-and-dump schemes ahead of MiCA’s implementation in December.

The Dutch Authority for the Financial Markets (AFM) warned about the risks of cryptocurrency pump-and-dump schemes ahead of upcoming regulation.

According to an official AFM press release, the Markets in Crypto-Assets Regulation (MiCA) will come into effect on Dec. 30.

Under MiCA, market manipulation practices like pump-and-dump schemes will be explicitly prohibited in the European Union.

Is the scrapping of SAB 121 a poisoned chalice for Bitcoin?

Ethereum Foundation Defends $96.9M Transfer Amidst Criticism

August 26, 2024 Bitcoin.com

Ethereum Foundation Defends .9M Transfer Amidst Criticism

bitcoin.com

On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s transparency. However, the foundation’s executive director quickly clarified that the transfer was […]

Is the scrapping of SAB 121 a poisoned chalice for Bitcoin?

Chainlink integration adds transparency to 21Shares Ether ETF

July 29, 2024 Coin Telegraph

21shares

The integration aims to create more transparency for 21Shares’ Ether ETF, which could create more trust among investors.

21Shares has integrated Chainlink’s proof-of-reserve (PoR) system to create more transparency for its Core Ethereum exchange-traded fund (ETF).

21Shares, one of the world’s largest issuers of crypto exchange-traded products (ETPs), aims to build greater trust in its physically-backed Ether (ETH) ETF by integrating proof of reserves.

The transparency created by the new integration could further the path of digital asset adoption, according to Johann Eid, the chief business officer of Chainlink Labs, who wrote in a shared statement:

Is the scrapping of SAB 121 a poisoned chalice for Bitcoin?

Bitwise Reveals ENS Subnames for Ethereum ETF Reserve Wallets

July 23, 2024 Bitcoin.com

bitcoin.com

On Tuesday, Bitwise Investments disclosed a collection of Ethereum Name Service (ENS) subnames for its ethereum reserve holding wallets. Bitwise emphasized that this level of transparency is unique to cryptocurrency, allowing the public to easily verify the firm’s net assets. Bitwise Leads in Transparency by Publishing Ethereum ETF Addresses At 7:50 a.m. EDT on Tuesday, […]

crypto transparency