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Genesis Returns $2.2B in Crypto Assets to Lending Program Participants
30.5.2024
Defunct crypto lender Genesis distributed $2.18b worth of crypto to 232,000 users enrolled in Gemini Earn, an interest-accruing lending program. The distribution followed a New York bankruptcy judge approving the Chapter 11 plan last week.
The post Genesis Returns $2.2B in Crypto Assets to Lending...
Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show
30.5.2024
According to documents filed with the U.S. Securities and Exchange Commission (SEC) on May 24, Hashdex has officially withdrawn its application for the Hashdex Nasdaq Ethereum ETF.
The post Hashdex Withdraws Application for Spot Ether ETF, SEC Filings Show appeared first on Cryptonews
NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report
30.5.2024
The US Treasury findings highlighted several potential risks and security concerns and challenges involved in NFTs.
The post NFTs are Highly Susceptible to Fraud and Scams: US Treasury Report appeared first on Cryptonews
Ethereum ETFs — 3 pitches that could hook Wall Street
30.5.2024
Ethereum is already home to the world’s largest DeFi protocols, tokenized RWAs, and stablecoins, but its technical roadmap could be hard for TradFi to understand
Nigerian Senate Committee: Regulated Crypto Trading a Boost for Local Currency
30.5.2024
The Nigerian Senate Committee on Capital Markets has called for the regulation of cryptocurrency and warned that the country’s unclear position could be costing the country. The committee also urged the government of Bola Tinubu to develop the capital and crypto markets to defend the local...
Former Consensys Employee Launches Stablecoin ‘USD3’
30.5.2024
Former Consensys employee Jack Jia, and the founder of Stable.com has launched USD3, a “payments-first” new stablecoin despite the present lack of a regulatory framework and uncertainty around the market.
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BlackRock Files Revised S-1 Form for Spot Ethereum ETF as Launch Looms
30.5.2024
Analysts suggest that spot Ethereum exchange-traded funds (ETFs) in the United States could potentially launch by late June.
The post BlackRock Files Revised S-1 Form for Spot Ethereum ETF as Launch Looms appeared first on Cryptonews
Fund Your Gnosis Pay Card Using Bitcoin
30.5.2024
PRESS RELEASE. The Kinetex team is thrilled to announce its integration with Gnosis Pay, the world’s first on-chain self-custodial account that connects the traditional payment rails to Web3 rails. This collaboration provides a straightforward and fast way to top up balances from Bitcoin...
PayPal’s new stablecoin on Solana will offer ‘confidential transfers’
30.5.2024
Confidential transfers allow merchants to provide confidentiality for transaction amounts to their consumers while maintaining visibility for regulatory purposes
Robinhood nears settlement on GameStop, meme stocks suit
30.5.2024
Trading platform Robinhood is finalizing a settlement with investors who claimed they were burned by its 2021 meme stock buy block
New York Stock Exchange to Launch Bitcoin Options Products
30.5.2024
The New York Stock Exchange (NYSE) on Wednesday announced its intention to introduce cash-settled spot Bitcoin options, pending regulatory clearance.
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Vitalik Buterin: L2s are ‘cultural extensions’ of Ethereum
30.5.2024
Buterin said Ethereum layer 2s have become “the ultimate playing field for action” from institutional profit-oriented groups and people buying pictures of monkey NFTs
Web3 Gaming Platform Zkasino Kickstarts Process Enabling Users to Retrieve Ethereum Tokens
30.5.2024
The Zkasino team announced on May 28 that it had initiated a two-step bridge back process, allowing users to retrieve their ethereum tokens. Users have between May 28 and May 31 to bridge back their funds, after which the signup process will be closed, and deposits will be halted. Rug Pull...
Bitcoin in 42-day ‘boredom zone' — traders debate next move
30.5.2024
Bitcoin’s price has sat in the "boredom zone" for over a month, leaving traders guessing about a potential surge or retracement
Security-Focused Crypto ISAC Debuts With Founding Members Including Coinbase, Kraken, Circle
30.5.2024
The Crypto ISAC (Information Sharing and Analysis Center) launches on Wednesday as a 501(c)(6) not-for-profit association dedicated to bolstering security within the cryptocurrency ecosystem. Its founding members include Aleo, Circle, Coinbase, Consensys, Evertas, Fireblocks, Hedera, Kraken...
Texas Issues Emergency Cease and Desist Against Arkbit’s Crypto Operations
30.5.2024
The Texas State Securities Board has issued an Emergency Cease and Desist Order against Arkbit Capital and its affiliates, Arkbit Capital Holdings, ABC Holdings LLC, and ABC Mining. These companies were found operating a fraudulent MLM cryptocurrency investment scheme. Promising daily returns...
Solana Meme Coin Prices Surge – Dogwifhat Up 20% and Sealana Raises Over 3 Million
30.5.2024
Solana meme coin prices are surging, with dogwifhat (WIF) up a stunning 27% since the start of the week while an exciting new coin called Sealana (SEAL) has raised more than $3 million.
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Trader Turns $462 into $3.4 Million Thanks to PEPE
30.5.2024
While very volatile, cryptocurrencies offer some of the highest potential returns in investing, especially with assets like meme coins like PEPE.
The post Trader Turns $462 into $3.4 Million Thanks to PEPE appeared first on Cryptonews
Hong Kong’s Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1
30.5.2024
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance....
Ethereum ETF June launch ‘legit possibility’ as BlackRock files amended S-1
30.5.2024
BlackRock updated its Form S-1 for its spot Ether ETF, which analysts say is a “good sign” that issuers and the SEC are working on ETF launches