The Newton Blog

On January 10, 2024, the U.S. Securities and Exchange Commission (SEC) announced its’ groundbreaking decision to approve the introduction of Bitcoin Spot ETFs (Exchange-Traded Funds). After years of more than a dozen pending Bitcoin Spot ETF applications from asset managers like Ark Investments, 21Shares, BlackRock, and Fidelity, the SEC’s decision to approve Bitcoin ETFs is a game-changer for the global crypto market. Learn what this could mean for you.

Cryptocurrencies have revolutionized the financial landscape, offering new possibilities for digital transactions and decentralized systems. One such cryptocurrency, XRP, has gained significant attention in recent years. However, its journey has been marked by a legal battle with the U.S. Securities and Exchange Commission (SEC) who assert that Ripple Labs have been offering an unregulated security. Read on to learn about XRP’s purpose, the timeline of the SEC lawsuit, and ongoing developments.

We wanted to give our Newton community a friendly reminder to be vigilant against scams targeting our users through impersonation tactics. Fraudsters have been attempting to deceive users by sending emails claiming to be from Newton, but upon closer investigation, these emails do not originate from our official channels. We take your security seriously, and we want to ensure that you are equipped with the knowledge to safeguard yourself against such scams. In this blog post, we'll shed light on the issue and provide you with essential tips to stay protected.

In our hyper-connected cyber world, how does one keep safe online, especially when it comes to crypto security? Threats to crypto security are broadly sorted into two categories, internal and external threats. Internal threats are threats of one losing their crypto due to a mistake they made on their own. External threats define threats that come from malicious third-party actors.

The Ethereum core developers have confirmed the scheduled Shanghai (Shapella) upgrade of the Ethereum network to take place on April 12, 2023. It will allow for ETH that are currently staked to be unstaked.

We hope you’ll be thrilled to know we’ve partnered up with Koinly, a simple and easy-to-use cryptocurrency tax tool, to make your calculations simpler.

The Arbitrum network has announced an airdrop of its native token, ARB, to users who have used Ethereum on the Arbitrum network in the past. If you're eligible, this could be a great opportunity to get some free tokens. In this guide, we'll walk you through the steps to claim your ARB token airdrop and how to move your ARB tokens to Newton to start trading.

NFT is short for “non-fungible token” and can be thought of as a digital version of a collectible. NFTs are mainly used in the art industry because of their applications for digital intellectual property protection. NFTs have also helped open up the space of arts and collectibles to more people since they just need an internet connection to access NFTs. Other uses for NFTs such as supply chain management and theft deterrence are currently being explored.

As the world becomes more digital, cybersecurity has never been more important. Here are some common scam types and examples to watch out for when you’re dealing with crypto. By being vigilant, you can ensure that you hold on to your crypto assets.

Learn some general tips about how crypto assets are taxed and how to prepare for your tax filing ahead of the upcoming tax deadline. Newton and its affiliates do not provide tax, legal or accounting advice. The information contained herein has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction or with respect to any questions you may have in the preparation of your tax returns.