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Shibarium’s New Checkpoint Mechanism Cuts Ethereum Bridging Time
30.5.2024
The Shiba Inu (SHIB) network development team has dramatically improved the Shibarium network, according to a post from the Shibarium network’s X account. The work reduces the token bridging time to Ethereum from seven days to roughly 45 minutes, aiming to enhance Shibarium’s operational efficiency...
Blackrock’s IBIT and Fidelity’s FBTC Drive $28M Inflows for US Bitcoin ETFs
30.5.2024
On Wednesday, U.S. spot bitcoin exchange-traded funds (ETFs) continued their streak of positive gains, collecting $28.3 million in inflows. This marks the 12th consecutive day of positive inflows for U.S. bitcoin ETFs. Blackrock’s IBIT Tops Inflows as U.S. Bitcoin ETFs Maintain Positive...
Terraform Labs, Do Kwon Reach Preliminary Settlement With SEC
30.5.2024
Singapore-based Terraform Labs and its founder Do Kwon have reportedly reached a preliminary settlement with the U.S. Securities and Exchange Commission (SEC) after being accused of misleading cryptocurrency investors before the 2022 collapse of terrausd (UST), the project’s now-defunct algorithmic...
Citadel-backed Hidden Road halts ByBit access for clients
30.5.2024
Hidden Road cited Know Your Customer verification policies and concerns surrounding Anti-Money Laundering regulations on the ByBit exchange
Iconic Auto Brand DeLorean Partners With Web3 Agency Otherlife to Launch Digital Marketplace
30.5.2024
On May 30, the renowned auto brand DeLorean, made famous in the iconic film “Back to the Future,” revealed a collaboration with Web3 creative agency Otherlife, a branch of Moonpay. Together, they aim to launch a groundbreaking marketplace where DeLorean enthusiasts can purchase, sell...
Mastercard Crypto Credential has now been activated
30.5.2024
The Mastercard crypto credential has been activated, commencing with the initial peer-to-peer trial transactions and introducing new associates to the ecosystem. This implies that users of crypto exchange will be allowed to conduct cryptocurrency transactions using their Mastercard Crypto...
Agora launches AUSD Stablecoin on Sui, pioneering a new era in digital finance
30.5.2024
Agora, a leading financial technology company, has launched its new AUSD stablecoin on the Sui platform. This strategic move will enhance the stability and functionality of digital transactions, providing users with a reliable and efficient means of conducting business in the evolving digital...
Exclusive: Joe Lubin unpacks SEC battle, Ethereum roadmap and Vitalik Buterin
30.5.2024
Consensys CEO Joe Lubin explains why the firm is taking legal action against the SEC, discusses Ethereum’s roadmap and the importance of Vitalik Buterin's continued involvement
Marketnode Secures Series A Funding Led by Financial Services Giant HSBC
30.5.2024
On Thursday, Singapore’s Marketnode, a digital market infrastructure operator, secured funding for its Series A financing round led by HSBC, the British multinational universal bank and financial services group. The exact amount raised during the Series A funding was not disclosed. HSBC Joins...
Shiba Inu aims for a brighter future with its ETF
30.5.2024
Ether ETF is on the horizon. Once the S-1 registration forms receive approval, trading will commence promptly. Meanwhile, the community has begun speculating about upcoming crypto ETFs. One of these is the SHIB ETF. It is imperative first to meet critical requirements, which the community believes...
Dune Catalyst: Enhancing Crypto Data Integration
30.5.2024
In the ever-evolving field of digital currencies, the ability to handle and integrate blockchain data is a considerable challenge. Dune is an expert in data analysis and has recently presented Catalyst, which, on paper, is designed to solve a number of challenging issues related to the integration...
Hidden roadblocks to the link to cryptocurrency platform Bybit
30.5.2024
Presumptions are being made that Hidden Road has blocked all connectivity with Bybit due to factors related to KYC and money laundering issues. As per speculations, there are seemingly certain contradictory aspects to both matters. Incidentally, Hidden Road is a brokerage firm with the support...
Ex-CEO of Mt. Gox clarifies Bitcoin shifting as preparatory measure
30.5.2024
As per the ex-CEO of Mt.Gox, the earlier shifting of Bitcoin from the company’s wallet was simply a preparatory exercise and not an alarming incident. The fact that it went to an unidentified wallet meant nothing. The company set the date for allocation as the 21st of October. The process is looked...
Vanguard discourages the sale of Spot ETH ETFs on its platform
30.5.2024
Vanguard’s apprehensive viewpoint on spot Bitcoin ETFs is exposed to all, with the company refusing to accept even spot ether NTFs on its platform. The entire picture becomes clearer when the Securities and Exchange Commission grants its consent to the 19b-4 suggestion for exchanges seeking...
Blackrock Advances Spot Ether ETF With SEC Amendment, Analyst Eyes June Launch
30.5.2024
The world’s largest asset manager, Blackrock, has updated its S-1 registration statement for the Ishares Ethereum Trust, which will be listed as “ETHA.” According to the update, ‘Seed Creation Baskets’ were acquired by the fund’s ‘Seed Capital...
SHIB, ETH, and XRP experience a roller coaster
30.5.2024
SHIB, ETH, and XRP have experienced roller coaster journeys. SHIB has experienced a price increase, ETH has disappointed investors, and XRP has perplexed analysts. In the case of Shiba Inu’s SHIB, the meme token went past the $0.000025 barrier, touched the 50 EMA, and is looking towards $0.00003....
TON soars: huge investor interest sends holdings to 1M
30.5.2024
TON is experiencing unbelievable growth, with addresses holding anywhere between 100,000 to 1 million. These are the giants of the game collecting these gigantic numbers, and they are going on an upward swing. All of this simply signifies an increasing interest in the asset and their absolute...
DTCC lists spot Ether ETF of Fidelity under ticker FETH
30.5.2024
DTCC, an acronym for Depository Trust & Clearing Corporation, was seen listing FETH on the platform. That pertains to the Spot Ether ETF by Fidelity, briefly sparking speculation that the ETF product had finally received all necessary approvals from the US Securities & Exchange Commission...
Trump Interested in Using Bitcoin to Solve the US National Debt Problem
30.5.2024
Former President and Republican Presidential Candidate Donald Trump reportedly inquired about solving the U.S. national debt problem using bitcoin. Audio recorded by the Bitcoin.com News team confirmed that on an X space held on Sunday night, Bitcoin Magazine CEO David Bailey revealed that Trump...
South Korean Universities Face Banking Hurdles in Converting Crypto Donations to Cash
30.5.2024
South Korea’s regulations prohibiting corporations from opening virtual asset exchange accounts are making it impossible for local universities to liquidate their large cryptocurrency donations. Financial authorities cite money laundering concerns as the reason for maintaining the ban. Education...