NYSE had applied for the opening of two bitcoin-ETF

Intercontinental Exchange plans to include to the listing funds which will track the price of bitcoin through futures contracts
21 December 2017   1111

Intercontinental Exchange (ICE) filed an application to the US Securities and Exchange Commission for changing the rules, allowing the launch of two exchange-traded funds (ETF), focused on bitcoin futures. This is reported by CNBC.

As it follows from the application, ICE plans to include to the listing funds ProShares Bitcoin ETF and ProShares Short Bitcoin ETF, which will track the price of bitcoin through futures contracts.

Applications for the launch of ProShares Bitcoin ETF and ProShares Short ETF were filed for the first time in September, but bitcoin futures did not exist yet, and after a while applications were withdrawn. Now, when bitcoin futures appeared on two American exchanges, ProShares expects to receive SEC approval.

By being long Bitcoin Futures Contracts, the Fund seeks to benefit from daily increases in the price of the Bitcoin Futures Contracts. The Fund will not be benchmarked to the current price of bitcoin and will not invest directly in bitcoin. When the price of Bitcoin Futures Contracts held by the Fund declines, the Fund will lose value.

SEC Filing

Since the appearance of futures on the Chicago stock exchanges CBOE and CME, the Securities Commission has refrained from commenting officially on bitcoin-ETF. Analysts and market participants, however, are hoping that the SEC will change its attitude to this instrument, given that the Commodity Futures Trading Commission (CFTC) has given permission to launch futures.

Hackers Suspected of €24M Worth Crypto Stolen Busted

Six men in UK and Netherlands used fake websites with "typos" to still users' assets
26 June 2019   102

Law enforcement authorities in the UK and the Netherlands arrested six people suspected of a series of theft of bitcoins totaling more than 24 million euros. Europol and Eurojust also participated in the operation.

The arrests were carried out simultaneously on Tuesday morning, June 25, in several cities in the UK, as well as in Amsterdam and Rotterdam, and were the result of an investigation that lasted 14 months. Among the detainees was one woman.

In their activities, the attackers used "tiepsquatting", they registered domain names similar to the addresses of cryptocurrency exchanges and companies.

The user who made a typo when entering the address, got on the fake site, visually indistinguishable from the original. If he tried to enter his personal account, the criminals gained access to his data.

According to law enforcement, the victims of the scheme were at least 4,000 users from 12 different countries, while their number, as suggested by Europol, may be even higher.

The exact amount of stolen bitcoins is not specified.

Earlier it became known that Europol is developing a computer game that will allow employees to train to track cryptocurrency transactions in criminal offenses.