us securities and exchange commission

  1. Hanno Labuschagne

    Coinbase says crypto-buying is more like collecting Beanie Babies than investing in stocks

    Coinbase says crypto-buying is more like collecting Beanie Babies than investing in stocks Coinbase Global Inc. said buying cryptocurrency on an exchange was more like collecting Beanie Babies than investing in a stock or bond. The biggest US crypto exchange made the comparison Wednesday in a...
  3. Hanno Labuschagne

    Bitcoin ETFs approved

    Bitcoin ETFs approved US regulators for the first time approved exchange-traded funds that invest directly in Bitcoin, a move heralded as a landmark event for the roughly $1.7 trillion digital-asset sector that will broaden access to the largest cryptocurrency on Wall Street and beyond. The...
  4. Hanno Labuschagne

    Hacked SEC X account posts Bitcoin ETF has been approved

    Hacked SEC X account posts Bitcoin ETF has been approved A highly anticipated decision by the US Securities and Exchange Commission on whether to approve a spot-Bitcoin exchange-traded fund quickly morphed into a major cybersecurity incident on Tuesday. The SEC’s X account was compromised and...
  5. Hanno Labuschagne

    xAI wants to raise $1 billion

    xAI wants to raise $1 billion Elon Musk’s artificial intelligence company xAI is seeking to raise $1 billion (R18.95 billion) in funding from equity investors, according to a new filing. Musk has already raised nearly $135 million (R2.56 billion), according to a document filed Tuesday with the...
  6. Hanno Labuschagne

    Bitcoin rally drives new crypto meme frenzy

    Bitcoin rally drives new crypto meme frenzy If there’s one thing that crypto enthusiasts love more than the digital assets themselves, it’s memes. A frenzy of crypto-based memes have gained fresh momentum last week as Bitcoin rallied. [Bloomberg]
  7. Hanno Labuschagne

    Bitcoin resurgence in 2023

    Bitcoin resurgence in 2023 Bitcoin has now more doubled in value this year in a surprising resurgence from a tumultuous 2022 that had some skeptics predicting the demise of digital assets. The largest cryptocurrency by market value rallied for a third day, pushing the price back to around...
  8. Hanno Labuschagne

    SEC probes Twitter/X over 2018 security lapse

    SEC probes Twitter/X over 2018 security lapse The Securities and Exchange Commission is investigating how Twitter Inc. managed a 2018 security lapse that exposed personal user information before billionaire Elon Musk bought the social media platform last year. The agency has been scrutinising...
  9. Hanno Labuschagne

    Bitcoin sees first quarterly decline of the year

    Bitcoin sees first quarterly decline of the year As September comes to a close, Bitcoin is poised to end the quarter on a down note in its first quarterly decline this year. The largest cryptocurrency by market value is down about 12% since June, and traded at around $26,800 on Friday...
  10. Hanno Labuschagne

    Coinbase now offering crypto lending service to US institutional investors

    Coinbase now offering crypto lending service to US institutional investors Coinbase Global Inc. has started a crypto lending service for US institutional investors, seeking to capitalise on the vacuum left after the collapse of firms such as BlockFi Inc. and Genesis Global Holdco. Customers of...
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