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Fidelity Omits Staking From Spot Ethereum ETF Proposal 

21.5.2024
Amid growing speculation about the potential approval of spot ethereum exchange-traded funds (ETFs), Fidelity Investments has revised its ether ETF filing, omitting all staking features previously included in the proposal. This update follows reports that ETF issuers were allegedly instructed...

Central Bank of Brazil Aims to Finalize Crypto Regulations This Year

21.5.2024
The Central Bank of Brazil outlined its crypto regulation calendar, defining a three-phase process for finalizing these tasks in 2024. The bank aims to consult market actors regarding VASPs, establish plans to regulate stablecoins and finalize the rules to welcome VASPs into the country later this...

GALA token drops 15% after $200 million security breach at Gala Games

21.5.2024
In a significant blow to the blockchain gaming sector, Gala Games has reportedly lost over $200 million in a potential exploit, resulting in a sharp 15% decline in the value of its native token, GALA. Gala Games’ security team disclosed the incident in the early hours of May 20 after detecting...

Memecoins experience a downturn, pose questions over portfolios

21.5.2024
The meme coin market briefly crashed, dropping approximately 30% of its value. The market has successfully rebounded, but the question remains: Can it happen again, and are portfolios containing meme coins safe? Technically, yes. Every other context varies based on one’s interpretation....

BONK marks good performance with a strong comeback

21.5.2024
BONK is riding high on the market, demonstrating a possible recovery sentiment. This is evident from the ongoing listed value of $0.00003126. It reflects a surge of 19.75% in the last 24 hours and 34.25% in the last 7 days. There is a notable upswing in market cap and 24-hour trading volume...

Nigeria’s SEC-Crypto License

21.5.2024
In May 2022, Nigeria’s Securities and Exchange Commission introduced a robust regulatory framework for virtual asset service providers, including digital asset exchanges. The framework required compliance with various laws and regulations to foster market integrity, safeguard investors, and deter...

Is Tether a safe haven in the crypto storm?

21.5.2024
Tether (USDT) is a type of cryptocurre­ncy, and its value is meant to stay close to the­ U.S. dollar. This makes it easy to transfer mone­y between re­gular cash and crypto. Lately, crypto prices have swung up and down a lot. This has pe­ople wondering if Tethe­r is a safe place to put their mone­y...

Ethereum ETF approval could spark a big bull run for $ETH, Mollars, ERC-20s

21.5.2024
David Han, a Coinbase analyst, suggests that the market might be underestimating the likelihood of a spot Ethereum (ETH) exchange-traded fund (ETF) approval despite the prevailing consensus that such an approval is not imminent. In a recent report, Han asserts that Ethereum might have a favorable...

Understanding Notcoin: The Token Behind the Click-to-Mine Telegram Game

21.5.2024
This week, the crypto community has been buzzing about a new token called notcoin (NOT), recently launched on The Open Network (TON). This token is tied to a game on Telegram where users earn NOT by completing tasks and clicking a button, featuring a distinctive click-to-mine system. The following...

Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs

21.5.2024
The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether exchange-traded funds (ETFs). Market Buzz Lifts Ethereum...

Hong Kong Police Arrest Three in ‘Hell Money’ Cryptocurrency Scam

21.5.2024
Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the customer to transfer approximately HK$1 million ($128,206) worth of cryptocurrency in exchange for cash....

Bitcoin to Reach $420K by Decade’s End, Says Ric Edelman

21.5.2024
Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $420,000 by the decade’s end. He explained that if 1% of the world’s $738 trillion in financial assets were allocated to bitcoin, it would result in $7.4 trillion in inflows, raising bitcoin’s price...

Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert

21.5.2024
Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain...

Indian Finance Minister: Crypto Regulation Needs Global Consensus

20.5.2024
Indian Finance Minister Nirmala Sitharaman advocates for global consensus on cryptocurrency regulation, highlighting the need for international cooperation, particularly within the G20. She noted that while Indian regulators have differing opinions regarding how to treat crypto, there is currently...

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