Elon Musk Wants Advice on Twitter Crypto Scammers, the US SEC Wants Comments on BTC ETFs, & Other News

Top five stories from the last week


Don't Miss The Top Five Stories From The Last Week   US SEC Asks for Further Comment Regarding VanEck Bitcoin ETF What happened? The U.S. Securities and Exchange Commission (SEC) has requested further comments regarding its decision on the listing and trading of VanEck and SolidX's Bitcoin (BTC) exchange-traded fund (ETF), which is expected to list on the CBOE BZX Equities Exchange (BZX). What does it mean? In particular, the SEC is seeking comments on eighteen key issues, among which are commenters' views on BZX's assertions that BTC "is arguably less susceptible to manipulation than other commodities that underlie exchange-traded products (ETPs)." Get more details here. SpaceX CEO Elon Musk Turns to Dogecoin Creator to Stop Crypto Scammers What is this all about? Elon Musk, the CEO of SpaceX and Tesla, asked Jackson Palmer, the creator of Dogecoin (DOGE), to help him combat "annoying" cryptocurrency scammers on Twitter. Did he get help? Musk, directing his tweet at Palmer, asked for help getting rid of scam spammers, to which Palmer replied by sending Musk a short script in direct messages to try to fix the problem. Read more here.   Japanese Cryptocurrency Exchange Zaif Hacked of Reported 5,966 Bitcoins What happened? As a result of a security breach on September 14, hackers have managed to steal 4.5 billion yen from Japan's Zaif cryptocurrency exchange, as well as 2.2 billion yen from the assets of the company, with total losses amounting to 6.7 billion yen (around $59.7 million). How are they going to fix this? According to Tech Bureau Inc, the firm Fisco Digital Asset Group will help Zaif cover lost customer assets by providing 5 billion yen (around $44.5 million). Tech Bureau made an agreement with Fisco to dismiss more than half of its directors and corporate auditors in addition to Fisco becoming a majority shareholder in the company. Read more here.       Hints at Potential xRapid Launch and Collaboration With PNC Leads to XRP Surge What is this all about? Bullish news for the asset this week has included hints that the firm has been making strides toward the launch of its liquidity solution xRapid, which could be set to launch "within a month or so." Also, PNC, which is ranked among the top ten U.S. banks, revealed it will be using RippleNet to process international payments for its customers. What to expect? The next few days will determine whether the cryptocurrency's newfound gains will hold strong. Following that, the crypto community will be eagerly awaiting the touted launch of xRapid next month. Read more here.   Binance To Soon Begin Private Beta Testing Of Crypto-Fiat Singapore Exchange What is this all about? Binance, the largest global crypto exchange, will soon start private beta testing a crypto-fiat exchange in Singapore, Binance co-founder and CEO Changpeng Zhao (CZ) tweeted this week. How does it work? While no further details have been specified, the crypto-fiat Singapore-based exchange will presumably support the local Singapore dollar, Finance Magnates notes. Get more info here. Want to change how you receive these emails? You can update your preferences or unsubscribe from this list. COINTELEGRAPH LIMITED · Shelton Street, Covent Garden · London