Security

The post SHIB Supporter Urges Buterin to Use Shiba as Solution Amid Ethereum Security Concerns appeared first on Coinpedia Fintech News Labib, a Shiba Inu (SHIB) supporter, recently took to Twitter with a compelling proposition for Vitalik Buterin, the founder of Ethereum. He highlighted the escalating concerns over Ethereum’s gas prices and the recent disruptions experienced by the Solana blockchain, suggesting an unconventional yet intriguing solution.  Labib proposed the use of Shiba Inu as a “magical solution” to mitigate these…

The post JP Morgan Analyst Decodes Why Ethereum (ETH) is Unlikely To Be A Security appeared first on Coinpedia Fintech News ETH is in deep water with the US SEC which is making it hard for the asset to pass the security hurdle, the possible EHT ETFs are also in question making the community fear a decline in ETH price. What are the chances of SEC proving ETH security, let’s figure it out.  ETH, Lido, and Regulations: Here’s what you…

[PRESS RELEASE – Victoria, Seychelles, April 4th, 2024] Bitget, the world’s leading crypto exchange and Web3 company, has announced a partnership with Cactus Custody, a subsidiary of Matrixport, to offer Oasis fund custody services and off-exchange settlement services. In a strategic move to better address institutional clients’ needs for secure management of digital assets, the collaboration not only minimizes counterparty risks associated with exchange trading but also provides an effective tool for capital efficiency management. The comprehensive partnership aims to…

GF Securities introduces Hong Kong’s first Commercial Paper tokenized security on the Ethereum blockchain, aligning with the city’s ambition to lead in Real World Asset tokenization. This move reflects Hong Kong’s commitment to blockchain innovation and digital finance, supported by regulatory flexibility and technological advancements. Hong Kong-based institution GF Securities has unveiled the first Commercial Paper tokenized security compliant with local laws, issued on the Ethereum blockchain. GF Securities’ release of the first Commercial Paper tokenized security in Hong Kong…

Tether, the company behind the USDT stablecoin, has announced the successful completion of a System and Organization Controls 2 (SOC) audit.  The audit, developed by the American Institute of Certified Accountants (AICPA), is the highest level of security compliance an organization can achieve.  Coinbase Completes Gold Standard Audit  Tether announced the news in a blog post, stating that the company had taken a significant step towards achieving the highest level of security compliance achievable by an organization. Tether described the…

Trouble goes where the money is.  And as Web3 continues to grow, flourish, and generate more value, there are naturally going to be bad actors who want to take advantage.  Security across Web3 is an ever-growing priority, especially since the threats are ever-evolving.  The good news is that more and more Web3 chains, platforms, and dApps are paying attention, and are working to get the information that can help them avoid bad tokens, NFTs, addresses, and more.  There are a…

The post ConsenSys Makes Strong Case for Ethereum ETF, Citing Security Edge appeared first on Coinpedia Fintech News ConsenSys, the parent company of the popular crypto wallet MetaMask, is making a strong case for a spot Ethereum ETF (Exchange Traded Fund) in a recent comment letter submitted to the Securities and Exchange Commission (SEC). The letter argues that Ethereum’s security model makes it a more suitable candidate for an ETF than Bitcoin. While the focus has long been on Bitcoin…

BlackRock’s CEO Larry Fink expressed confidence in the feasibility of an Ethereum ETF, even if ether is designated as a security. Despite regulatory uncertainties and the SEC’s cautious stance, the market optimism for Ethereum ETFs remains high. Recently, CNF reported that BlackRock, a leading asset manager, anticipates the SEC’s approval for an Ethereum ETF, buoyed by their success with Bitcoin ETFs. This development underscores the growing confidence in digital assets. During a Wednesday interview on Fox Business, BlackRock’s notable foray…

The post BlackRock CEO: Ethereum ETF Still in Play, Regardless of Security Tag appeared first on Coinpedia Fintech News The world of cryptocurrency is abuzz with talk of a potential Ethereum ETF, and BlackRock, the world’s largest asset manager, is throwing its weight behind the idea. Larry Fink, BlackRock’s CEO, has expressed confidence that an Ether-based ETF could be launched, even if the SEC classifies Ether (ETH) as a security. This news comes amidst ongoing scrutiny by the SEC regarding…