NYSE Arca, a self-regulatory organization, has submitted a proposed rule change to the Securities and Exchange Commission (SEC) to list and trade shares of the Bitwise Ethereum ETF. The proposed rule change was filed on March 28, 2024, and is now open for public comment. Under the proposed rule change, the Bitwise Ethereum ETF would … Continue reading NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing
Multicoin Capital, a prominent venture capital firm specializing in blockchain and cryptocurrency investments, has revealed its participation as a co-lead investor in a $225 million funding round for Wormhole, a key player in the multichain space. The funding round was completed late last year but has only been officially announced now, coinciding with the launch … Continue reading Multicoin Capital invests in Wormhole to enhance crypto interoperability
BitMEX co-founder Ben Delo, a British citizen, is set to face a class-action lawsuit from users after U.S. District Court Judge Andrew Carter determined that he played a central role in an alleged price manipulation scheme on the cryptocurrency exchange. The ruling came after Delo had asked to dismiss the suit, but Judge Carter concluded … Continue reading BitMEX Co-Founder Ben Delo Faces Class-Action Lawsuit Over Alleged Market Manipulation