Author: Tony Pearce
NFT Sales Plummet 44% in Q2
Reading Time: < 1 minuteDuring the second quarter, the sale of non-fungible tokens (NFTs) saw a significant decline of 44%, attributed to various factors such as the increase of celebrity, political, and animal-themed memecoins and a downturn in the overall crypto market.
Crypto Exchange Coinbase Sues SEC and FDIC
Reading Time: < 1 minuteA research firm hired by Coinbase is taking legal action against the US Securities and Exchange Commission (SEC) and a federal banking agency.
VanEck Files Application for a Solana ETF in the US
Reading Time: < 1 minuteVanEck, a leading issuer of Bitcoin exchange-traded funds (ETFs) in the US, has submitted a request for a new Solana ETF.
SEC May Approve Spot Ethereum ETFs Next Week
Reading Time: < 1 minuteReuters has reported that the Securities and Exchange Commission may approve spot Ethereum ETF applications by July 4.
Hacker Hacks Metallica’s X Account to Promote a Token
Reading Time: < 1 minuteThe official X account of heavy metal band Metallica was recently hacked.
Jump Crypto’s President Steps Down
Reading Time: < 1 minuteKanav Kariya, the current president of venture firm Jump Crypto, has decided to step down from his position after three years.
CoinStats Asks Users to Move Funds Following a Security Incident
Reading Time: < 1 minuteCoinStats, a popular app for managing cryptocurrency portfolios across multiple chains, has issued a warning to its users who created a wallet through the app.
US Spot Bitcoin ETFs Lose $140M
Reading Time: < 1 minuteThere were $139.88 million in net outflows from spot Bitcoin exchange-traded funds in the US on Thursday, marking the fifth consecutive day of outflows.
Consensys to Continue its Lawsuit Against SEC
Reading Time: < 1 minuteConsensys Founder Joseph Lubin has stated that the company will continue with its lawsuit against the US Securities and Exchange Commission.
Bitwise Updates ETF Application with $100 Million Investment in the ETF
Reading Time: < 1 minuteAsset management firm Bitwise has revised its registration statement for the spot Ether exchange-traded fund (ETF), which will potentially include a $100 million investment upon its launch.
SEC Drops its Investigation into Ethereum
Reading Time: < 1 minuteConsensys has announced that the US Securities and Exchange Commission has concluded their investigation into Ethereum 2.0, which is seen as a significant victory for the blockchain industry.
Crypto Trading Company Cumberland Wins a BitLicense in New York
Reading Time: < 1 minuteOn Monday, Cumberland DRW announced that its New York-based entity had been granted a BitLicense by the New York State Department of Financial Services (NYDFS).
Tether Rolls Out a Gold-backed Stablecoin
Reading Time: < 1 minuteTether has announced the introduction of a new stablecoin called Alloy, which will be backed by gold and pegged to the US dollar.
Former House Speaker: US Should Use Stablecoins to Fight China
Reading Time: < 1 minuteThe impact of crypto policy on the 2024 Presidential race is becoming increasingly apparent.
Gensler: Ethereum ETF S-1 Approvals Will Take Place This Summer
Reading Time: < 1 minuteUS Securities and Exchange Commission Chairman Gary Gensler has provided an update on the expected timeline for the listing of spot Ether exchange-traded funds (ETFs).
Biden to Accept Crypto Donations in His Campaign
Reading Time: < 1 minuteThe Biden campaign is in talks with players in the cryptocurrency industry regarding the acceptance of crypto donations through Coinbase Commerce.
EU Innovation Hub: Crypto Make Funds Tracing Difficult
Reading Time: < 1 minuteThe EU Innovation Hub recently released a report on encryption.
Former Coinbase Executive Joins Uniswap Labs as Chief Legal Officer
Reading Time: < 1 minuteUniswap Labs has hired Katherine Minarik, a former legal executive at Coinbase, to serve as its new chief legal officer in anticipation of potential legal battles with government agencies.
Bitcoin’s Volatility is Approaching Record Levels
Reading Time: < 1 minuteBitcoin’s value remained mostly stagnant in the two weeks leading up to its sharp decline on June 7, reaching record lows in terms of volatility compared to any other 15-day […]
Binance Resumes Crypto Purchases Through Mastercard
Reading Time: < 1 minuteBinance has once again made it possible for its customers to buy cryptocurrencies using Mastercard.
VanEck: Ether Will Reach $22,000 by 2030
Reading Time: < 1 minuteAccording to VanEck, in 2030, the price of Ether is expected to reach $22,000. This forecast represents a significant increase from its current value around $3,850.
Bybit Opens Registration to Chinese Users
Reading Time: < 1 minuteIt appears that Bybit has recently expanded its services to a previously restricted area – the People’s Republic of China.
Worldcoin Commits to Extend Ban of its Operations in Spain
Reading Time: < 1 minuteWorldcoin will temporarily stop its activities in Spain.
Bitfarms Mining Revenue Falls 45%
Reading Time: < 1 minuteBitcoin mining firm Bitfarms has released its latest monthly production data, shedding light on how the Bitcoin halving has affected its profitability and raising concerns about potential consolidation in the industry.
Ethena USDe Stablecoin Supply Surpasses $3B
Reading Time: < 1 minuteThe stablecoin known as Ethena Labs USDe, also referred to as a “synthetic dollar”, has achieved a supply of $3 billion tokens in just four months since its public launch in February.

























