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US House Bucks SEC Warnings, Passes Pro-Crypto Legislation FIT21 with Strong Support
23.5.2024
The US House on Wednesday voted in favor of crypto-friendly legislation (FIT21) that would hand control of cryptocurrency oversight to a government agency seen as more favorable to the industry.
The post US House Bucks SEC Warnings, Passes Pro-Crypto Legislation FIT21 with Strong Support appeared...
South Korean Police Arrest 28 in Raid on ‘Crypto Investment Fraud Ring’
23.5.2024
South Korean police officers have arrested 28 people they suspected of orchestrating a crypto investment fraud ring.
The post South Korean Police Arrest 28 in Raid on ‘Crypto Investment Fraud Ring’ appeared first on Cryptonews
The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry
22.5.2024
Uniswap Challenges SEC Wells Notice, Defends Autonomous Protocol
22.5.2024
Uniswap Labs has responded to the U.S. Securities and Exchange Commission’s Wells Notice, asserting that its protocol does not fall under the agency’s regulatory jurisdiction. The response emphasizes the autonomous nature of Uniswap’s decentralized finance (defi) technology and argues against...
TRON DAO at DC Blockchain Summit
22.5.2024
PRESS RELEASE. Geneva, Switzerland, May 22, 2024 – TRON DAO, a leading innovator in blockchain technology, showcased its prowess as a Silver Sponsor at the prestigious DC Blockchain Summit held in Washington DC on May 15, 2024. This pivotal event gathered the most influential figures...
How the Peraire-Bueno brothers allegedly drained $25M from their MEV bots exploit
22.5.2024
The Peraire-Bueno brothers have been charged with fraud in a first-ever MEV bot exploit case. Here is what the DOJ claims they did to pull it off
Rabbit AI’s alleged NFT scam, Dolce & Gabbana’s class-action lawsuit: Nifty Newsletter
22.5.2024
Fashion brand Dolce & Gabbana faces a class-action lawsuit over an alleged late delivery of its NFTs
Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million
22.5.2024
Hong Kong police have arrested 100 individuals in a significant crackdown on fraud and money-laundering syndicates, recovering over HK$180 million (US$24.2 million) from 295 victims.
The post Hong Kong Police Arrest 100 Fraud Suspects and Recovers Over HK$180 Million appeared first on Cryptonews
8 AI Chatbots Predict Precious Metals Year-End Prices: Gold at $2,800, Silver at $42
22.5.2024
In recent months, our newsdesk has been testing the use of artificial intelligence (AI) chatbots to forecast bitcoin prices by the end of 2024 at specific intervals throughout the year. This time, we’ve changed our approach by employing the same generative AI chatbots to project the year-end...
Cardano's 'centralization' concerns put a 30% ADA price crash in play
22.5.2024
Cardano whales are accumulating ADA during the correction period, ignoring the centralization warning
Ripple CLO Lambasts Gary Gensler Amid SEC Legal Battle
22.5.2024
On May 22, Stuart Alderoty, Ripple’s Chief Legal Officer, unleashed a scathing rebuke on Gary Gensler, the Chairman of the US Securities and Exchange Commission (SEC), for his mishandling of crypto asset regulation. Ripple CLO Tags Gensler as “Struggling Political Liability” Alderoty’s...
Biden Campaign Pleads For Donations To Compete With Crypto Execs Supporting Trump
22.5.2024
Joe Biden is having trouble keeping pace with the crypto lobby, which is overwhelmingly backing the Trump campaign.
The post Biden Campaign Pleads For Donations To Compete With Crypto Execs Supporting Trump appeared first on Cryptonews
US Spot Bitcoin ETFs See $305M in Inflows; Blackrock’s IBIT Dominates
22.5.2024
U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $305.7 million on Tuesday, marking a seventh consecutive day of positive inflows. According to data, Blackrock’s IBIT led the day, capturing 94.86% of the total inflows for all the ETFs. Tuesday Sees $305M in Inflows Into U.S....
Biden Administration Announces Opposition To FIT21
22.5.2024
President Joe Biden’s administration will oppose the passage of Financial Innovation and Technology for the 21st Century Act (FIT21), a Wednesday statement from the White House claims. The White House's announcement comes the same day of the bill's vote in the House of Representatives.
The post...
Ethereum Futures ETFs Hit Record Daily Trading Volume Amid Anticipation of Spot Approvals
22.5.2024
The daily trading volume for Ethereum futures exchange-traded funds (ETFs) surged to an all-time high yesterday, fueled by increasing anticipation of potential spot approval from the U.S. Securities and Exchange Commission (SEC).
The post Ethereum Futures ETFs Hit Record Daily Trading Volume Amid...
Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame
22.5.2024
Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient punishment of no more than 18 months. Clash Over...
Nasdaq Revises World’s Largest Asset Manager Blackrock’s Spot Ether ETF Proposal
22.5.2024
On Wednesday, Nasdaq, the second-largest American stock exchange based in New York City, revised its 19b-4 filing for Blackrock’s spot ethereum exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). Nasdaq Amends Blackrock’s Ether ETF 19b-4 Filing Following...
Enjin Blockchain keeps its pledge by introducing Quick Wallet
22.5.2024
Enjin Blockchain has lived up to its pledge to positively impact Web3 by delivering its landmark feature, Quick Wallet. The Quick Wallets allow users to obtain a deserving Enjin beam without installing the Enjin wallet. It comes at no cost whatsoever. Inside the Enjin ecosystem, Quick Wallet...
How Blockchain is Reshaping Supply Chains Beyond Finance
22.5.2024
The benefits of transparency, security, and efficiency could be useful in dozens of industries when sourcing and managing supply chains, says Julie Lamb, Head of Events at Crypto Mondays
WisdomTree Secures Permission To List Crypto ETPs On the London Stock Exchange
22.5.2024
On May 22, WisdomTree was given permission by the Financial Conduct Authority (FCA) to list WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW), two of its cryptocurrency exchange-traded products (ETPs), on the London Stock Exchange (LSE).
The post WisdomTree Secures...