Author: Chris Smith
Wisconsin Investment Board Invests $163M in ETFs
Reading Time: < 1 minuteAccording to a SEC filing, the State of Wisconsin Investment Board (SWIB) held $163 million in spot Bitcoin ETF shares as of the end of March.
Vanguard Appoints Former BlackRock Exec as New CEO
Reading Time: < 1 minuteVanguard, a leading asset management company, has appointed Salim Ramji, a former Blackrock executive known for his pro-Bitcoin stance, as its new CEO.
Coinbase Suffers a System Outage
Reading Time: < 1 minuteCryptocurrency exchange Coinbase is currently facing a “system-wide outage,” with the company actively investigating the issue.
ARK Invest and 21Shares Exclude Staking from Ethereum ETF Application
Reading Time: < 1 minuteOn May 10, ARK Invest and 21Shares submitted an updated application to launch a spot Ethereum-ETF. Unlike their previous application dated February 7, this new application does not include a clause on asset staking.
Runes Protocol Activity Drops
Reading Time: < 1 minuteLaunched on April 19, right alongside Bitcoin’s recent halving, the Runes protocol has been live on the blockchain for three weeks.
Bitcoin Mining Difficulty Falls by More Than 5%
Reading Time: < 1 minuteDue to the latest recalculation, the difficulty of mining the leading cryptocurrency dropped by 5.63% to 83.15T. This decrease is the most significant since December 2022.
US Spot Bitcoin ETFs’ Outflows Hit $11.29M on Thursday
Reading Time: < 1 minuteOn Thursday, various US spot Bitcoin exchange-traded funds experienced a combined loss of $11.29 million, with the exception of Grayscale’s GBTC which saw a negative net inflow.
SEC Files Final Reply in Lawsuit Against Ripple
Reading Time: < 1 minuteThe legal conflict between Ripple Labs and the SEC has seen significant developments, as the SEC has filed its final reply in the remedies stage of the lawsuit.
Gary Gensler Says Investors Don’t Have Access to Enough Information About Crypto Assets
Reading Time: < 1 minuteSEC Chairman Gary Gensler has expressed concerns about the lack of important information available to investors about digital assets amidst the crackdown on crypto companies.
Grayscale Drops Application to Launch its Ethereum Futures ETF
Reading Time: < 1 minuteGrayscale has shocked the market with its recent decision to withdraw its application for an Ether futures exchange-traded fund (ETF).
zkSNACKs CEO: Bitcoin Privacy Will Survive After CoinJoin’s Shutdown
Reading Time: < 1 minuteOne of the key privacy-enhancing services in the Bitcoin ecosystem, provided by zkSNACKs, will soon no longer be available.
Real Users Account for Less Than 10% of Stablecoin Transaction Volume
Reading Time: < 1 minuteAccording to a new report by Visa and data platform Allium Labs, only a small portion, less than 10%, of stablecoin transactions are from legitimate or real people.
Cred Execs Accused of $783M Fraud
Reading Time: < 1 minuteThe US Attorney’s Office for the Northern District of California has brought charges against three former executives of Cred.
Jack Dorsey Leaves Bluesky’s Board of Directors
Reading Time: < 1 minuteJack Dorsey, the co-founder of Twitter, has stepped down from the board of Bluesky.
JPMorgan Keeps Cautious Stance on Crypto Prospects
Reading Time: < 1 minuteJPMorgan analysts have a cautious outlook on cryptocurrencies in the near future.
Coinbase Sees $1.2B Net Income in Q1 2024
Reading Time: < 1 minuteCrypto exchange Coinbase saw a strong rebound in the first quarter of 2024.
UK FCA: Crypto Firms Posed a Threat for Money Laundering in 2022-2023
Reading Time: < 1 minuteAccording to the Financial Conduct Authority (FCA), crypto companies were among the four types of businesses with the highest risk of being exploited for money laundering.
BlackRock’s Bitcoin ETF Suffers First Daily Outflows Since Launch
Reading Time: < 1 minuteThe BlackRock iShares Bitcoin Trust and other US Bitcoin ETFs have experienced a record day of net outflows.
Roger Ver Arrested for Tax Evasion
Reading Time: < 1 minuteRoger Ver, also known as “Bitcoin Jesus” and the founder of Bitcoin.com, was arrested in Spain for tax fraud based on charges from the US Department of Justice.
Uniswap Introduces Crypto Purchases
Reading Time: < 1 minuteUniswap’s mobile app now offers its users the option to purchase cryptocurrencies through Robinhood Connect, utilizing funds from Robinhood, a debit card, or a bank transfer.
Thai SEC Warns Crypto Exchanges Against Deceptive Ads
Reading Time: < 1 minuteThe SEC of Thailand has issued a reminder to all cryptocurrency exchanges operating in the country to ensure compliance with advertising standards.
Taiwan Requests 20 Years in Prison for ACE Exchange Founder
Reading Time: < 1 minuteThe Taipei District Prosecutor’s Office has requested a 20-year prison sentence for four key suspects involved in a fraudulent and money laundering case connected to the ACE Exchange cryptocurrency exchange.
A Solo Miner Solves a Valid Block and Wins 3.125 BTC Reward
Reading Time: < 1 minuteA lone Bitcoin miner has accomplished a remarkable feat by solving a Bitcoin block on their own, earning the full 3.125 Bitcoin block reward.
Runes Becomes Leader in Terms of Bitcoin Transactions
Reading Time: < 1 minuteAs of April 24, 51.5% of daily transactions on the Bitcoin blockchain were made using tokens on the Runes protocol, while traditional BTC operations accounted for 46.9%.
Google and Apple Ordered to Remove Binance App in Philippines
Reading Time: < 1 minutePhilippines has recently requested Google and Apple, both American companies, to remove the Binance service from their app stores.
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