Author: Chris Smith
US House Approves Bill to Regulate Crypto
Reading Time: < 1 minuteOn Wednesday, the US House of Representatives passed a bill to establish a new legal structure for digital currencies, despite concerns raised by the US securities regulator about potential financial risks.
Donald Trump Will Accept Crypto Donations for His Campaign
Reading Time: < 1 minuteFormer US President Donald Trump, who is currently facing criminal charges in four jurisdictions, has announced that his upcoming campaign for the 2024 presidential election will accept cryptocurrency donations.
Craig Wright Convicted of Perjury
Reading Time: < 1 minuteJudge James Mellor rendered a written decision in the case of Crypto Open Patent Alliance (COPA) against Craig Wright, finding him guilty of perjury during the trial.
Net Inflows Into Spot Bitcoin ETFs Continue
Reading Time: < 1 minuteOn Monday, there were once again positive net inflows for US spot Bitcoin exchange-traded funds, with a total of $241.12 million being invested.
Venezuela Bans Crypto Mining
Reading Time: < 1 minuteThe Ministry of Electricity in Venezuela has announced plans to disconnect all cryptocurrency mining farms from the national electric system in order to control energy demand.
Pump.fun Exploiter Arrested in UK
Reading Time: < 1 minuteA person who used to work for pump.fun, a platform for creating and trading memecoins, has been arrested and is currently out on bail in the United Kingdom for allegedly exploiting the system for $1.9 million.
Tornado Cash Developer Appeals Verdict
Reading Time: < 1 minuteAlexey Pertsev, the developer behind the cryptocurrency mixer Tornado Cash, has appealed his conviction on money laundering charges.
CME Group to Launch Spot Bitcoin Trading
Reading Time: < 1 minuteCME Group, the world’s leading futures exchange operator, is exploring the launch of spot trading for Bitcoin.
Millennium Management Reveals $2B Investment in Bitcoin ETFs
Reading Time: < 1 minuteInternational hedge fund Millennium Management has revealed it held nearly $2 billion worth of spot Bitcoin exchange-traded-funds (ETFs) as of the first quarter of this year.
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.
Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Zcash 
Figure Heloc