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Ripple Wins Partial Summary Judgment in Securities Lawsuit

21.6.2024
The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II, and Ripple CEO Brad Garlinghouse. Court Ruling...

Winklevoss twins pump in $2M towards Trump presidential campaign

21.6.2024
The presidential elections slated for November have witnessed Republican candidate, Donald Trump, receiving the amount of $2 million for his campaign from Winklevoss twins, Cameron and Tyler. Each of them has pumped in $1 million.  Both the brothers attributed this act of theirs to Trump being...

Fifth Day of Outflows Hits US Bitcoin ETFs With $139 Million in Losses

21.6.2024
U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $53 million reduction, followed closely by Fidelity’s (FBTC) $51 million loss. U.S. Bitcoin...

Fantom Foundation Allocates $120 Million to Accelerate Migration to Sonic

21.6.2024
The Fantom Foundation has unveiled a treasury allocation of 200 million FTM, approximately $120 million USD, to expedite the migration of partners to its new Sonic network. This allocation includes native application grants, strategic grants to decentralized applications (dapps), and first-class...

Spot Bitcoin ETFs in witnessed net outflows of $139.88M in the US

21.6.2024
Spot bitcoin exchange-traded funds saw a net outflow to the tune of $139.88 million in the US. This continued for the past five days.  Grayscale’s GBTC was ahead of the competition, coming up with a day-to-day net outflow amounting to $53 million. Second in line stood Fidelity’s FBTC, recording...

BTC teases $70k when SOL, ETH, and ADA eye recovery

21.6.2024
Bitcoin ($BTC) is below $64,000 at the press time. However, that has not stopped the community from speculating a rebound to $70,000. One reason is its potential – pretty much the same thing that pulled it from the low $20,000 to an ATH of around $74,0000. Solana ($SOL) and Ethereum ($ETH)...

Arthur Hayes: Japanese Banks in Crisis Over Dollar-Yen Carry Trade Failures

21.6.2024
Japanese banks, once secure in their financial strategies, are now facing severe challenges due to shifts in global monetary policies, as outlined by Bitmex co-founder Arthur Hayes in his latest blog post. These institutions are caught in a cycle of low yields and high hedging costs, which...

3iq Files to Launch Solana Exchange-Traded Product in Canada

21.6.2024
3iq Digital Asset Management has announced that its solana fund has filed a preliminary prospectus for an initial public offering in Canada. The fund aims to become the first solana (SOL) exchange-traded product (ETP) in North America. Its objectives include providing exposure to...

ETHDublin: Engineering Irish Tech Culture Through Web3 Innovation

21.6.2024
Dublin recently found itself in the eye of a tech storm as ETHDublin, Ireland’s Web3 hackathon and conference, drew a motley crew of innovators from around the globe. Organised with panache by the ETH Ireland team and hosted at the trendy Dogpatch Labs, the event tackles industry challenges...

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