SEC approves Grayscale & ProShares spot Ethereum ETFs for trading
18.7.2024
The US SEC (Securities and Exchange Commission) has approved 2 Ethereum ETFs for trading. The ETFs will be listed on the NYSE’s (New York Stock Exchange) Arca trading platform. The news was officially shared by the SEC in its July 17 filing. The notice stated that the approval of the Form 19b-4...
LMBO and REKT: Direxion debuts leveraged ETFs tracking crypto equities
18.7.2024
Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day
Maelstrom Launches Bitcoin Grant Program Aiming to Support Developers
18.7.2024
The Arthur Hayes-linked Bitcoin-supporting entity Maelstorm has launched a grant program to assist with the technical development of Bitcoin. Developers who wish to receive grants—ranging from $50,000 to $150,000 each—must submit applications on or before August 25. Enhancing Bitcoin’s Resilience...
Anthropic partners with Menlo for $100M fund investing in AI startups
18.7.2024
Anthropic and Menlo Ventures have launched the “Anthology Fund” to back innovative early-stage AI companies
Okx Quits Nigerian Market, Users Urged to Withdraw Funds Before Deadline
18.7.2024
Okx, a leading cryptocurrency exchange, has announced its decision to discontinue services in Nigeria starting from August 16, 2024. The company cited unfavorable policies by the Nigerian government as the reason for this move. Okx said Nigerian users are advised to withdraw their funds from...
Ethereum ETFs will have a bigger impact on ETH price: Bitwise
18.7.2024
Bitwise Chief Investment Officer Matt Hougan says there are three reasons why Ether ETFs could drive the price of the asset, more than Bitcoin ETFs did for BTC
Mt. Gox creditors report multiple brute force attempts on their accounts
18.7.2024
Mt. Gox’s claims website is currently down for maintenance, while Mt. Gox creditors are still looking for an explanation behind the recent flood of login attempts
Judge nods Robinhood’s $9M ‘refer-a-friend’ lawsuit settlement
18.7.2024
Robinhood has settled a long-running class-action lawsuit in Washington that involved unsolicited text spamming via its ‘refer-a-friend’ program
Fake Professors Scam Crypto Investors on Telegram and Whatsapp, DFI Warns
18.7.2024
The Washington State Department of Financial Institutions (DFI) has reported multiple complaints about cryptocurrency scams on Whatsapp and Telegram involving fake “professors.” These scams lure investors through social media ads and false educational institutions, promising high...
Skybridge’s Scaramucci Warns Billionaires Supporting Trump: Dangerous Times Ahead
18.7.2024
Skybridge Capital founder Anthony Scaramucci criticized the support of billionaires for former U.S. President and presidential candidate Donald Trump, reflecting on his own experience. He joined the Trump administration in July 2017. However, his tenure as Communications Director was notably...
Trading on crypto exchanges fell for 3rd month straight in June: CCData
18.7.2024
Combined spot and derivatives volumes on centralized crypto exchanges fell 21.8% in June as crypto exchanges continued to tussle for market share
Trump Reaffirms Support for Crypto, Plans to Launch 4th NFT Collection
18.7.2024
Former U.S. President and presidential candidate Donald Trump has reaffirmed his support for cryptocurrency, emphasizing: “If we don’t do it, China is going to pick it up” and dominate the industry. He revealed that he will launch another non-fungible token (NFT) collection. He stressed...