OpenSea has announced a suspension of XP rewards for bidding and listing NFTs, following criticism that the system was being exploited for high-frequency trading. The XP system, introduced as part of the OS2 update, was designed to incentivise marketplace activity ahead of the upcoming $SEA token airdrop. However, traders quickly …
Nasdaq adds BlackRock’s iShares spot Bitcoin ETF to its listings
The major stock exchange Nasdaq announced on Feb. 2 that it has listed BlackRock’s iShares Bitcoin Trust (IBIT). Nasdaq said that BlackRock’s spot Bitcoin ETF is now trading on its platform while an executive endorsed the fund’s various features. Kevin Kennedy, Nasdaq’s VP of of North American Markets, said: “Through …
SEC subpoenaed Robinhood over crypto listings
Ad Trading app provider Robinhood was subpoenaed by U.S. securities regulators late last year, according to a filing submitted by the company on Feb. 27. In that filing, Robinhood said it received an investigative subpoena from the U.S. Securities and Exchange Commission (SEC) concerning various matters such as cryptocurrency listings, …