MakerDAO Team Recovers 63 ETH for Rightful Owner

Key Takeaways Last month an unlucky Oasis user unwittingly sent approximately 63 ETH to the wrong address. The user assumed the funds were lost forever, but fortunately their plight caught the attention of the MakerDAO team. In a remarkable turn of events, the engineering team was able to recover the funds for the owner. Share this article After more than three weeks of thinking they had lost 63 ETH forever, an Oasis user was notified that their funds had been returned. The MakerDAO Protocol engineering team was able to return…

First U.S. Bitcoin Futures ETF Set to Go Live on Monday

Key Takeaways ProShares has submitted a filing to the SEC suggesting that its Bitcoin futures ETF will go live on Monday, Oct. 18. Bloomberg anticipated in an article today that ProShares would be among the first of several futures ETFs to be approved. These funds track the price of Bitcoin futures, not Bitcoin itself, meaning they are not true Bitcoin ETFs. Share this article The first-ever Bitcoin futures ETF in the United States is set to go live next week, according to a new SEC filing. ProShares’ ETF Has Likely…

Steam Boots Blockchain-Based Video Games From Its Platform

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Privacy-focused altcoins soar after Bitcoin’s ETF news sparks a market-wide rally

Traders and the market are showing extreme optimism on Oct. 15 after rumors and an assortment of documents suggest that the path toward a Bitcoin ETF approval has fewer obstacles lying ahead. Following the positive news, the price of Bitcoin (BTC) rallied to nearly $63,000 for the first time since April and multiple altcoins saw their prices book triple-digit gains. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were NuCypher…

Valve removes blockchain games, tells users not to publish content on crypto or NFTs

Video game corporation Valve has informed users no content related to cryptocurrencies or nonfungible tokens will be allowed through its Steam marketplace. As reported by game developer SpacePirate on Oct. 14, Steam has updated its guidelines for what content creators are allowed to publish on the platform. According to Steam, no applications built on blockchain technology that “issue or allow exchange of cryptocurrencies or NFTs” are permitted in its onboarding process for partners. The rule appears alongside guidelines prohibiting hate speech, sexually explicit images, and libelous or defamatory statements. Though…

Steam Has Banned Games With Crypto & NFT Features

Key Takeaways Game distribution platform Steam has banned developers from making use of cryptocurrency, NFTs, and blockchain. The new policy has been in place for at least a week but did not become widely noticed until today. Other competing companies such as Epic Games and Ubisoft are more interested in blockchain and crypto. Share this article Game delivery platform Steam has banned games that make use of blockchain technology, according to an updated site policy. Steam Disallows Blockchain Technology Steam’s rules and guidelines indicate types of content that should not…

ProShares follows Valkyrie in approval for listing Bitcoin Strategy ETF

The United States Securities and Exchange Commission has accepted the registration request for ProShares’ Bitcoin Strategy ETF, with the shares to be listed on the New York Stock Exchange’s Arca. According to an Oct. 15 notice from the SEC, the agency has accepted the registration of securities from ProShares Trust’s Bitcoin (BTC) exchange-traded fund, which offers exposure to the crypto asset with futures contracts. In addition, ProShares filed a post-effective amendment prospectus, which states its ETF could launch as early as Oct. 18. The assets will be listed on NYSE…

SEC Approves Bitcoin ETF, Opening Crypto to Wider Investor Base

Proponents of a bitcoin ETF believe the product will be more widely accessible for individuals interested in bitcoin than the actual cryptocurrency is, by giving investors a regulated alternative to the underlying digital asset. The first product will track bitcoin futures, rather than the price of bitcoin directly, however. SEC Chair Gary Gensler indicated he believes futures-based products might provide stronger investor protections due to the laws they operate under. Source link