Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
EU Considers Ethereum, Solana for Digital Euro Blockchain
Reading Time: < 1 minuteThe European Union is actively exploring the use of major public blockchains, including Ethereum and Solana, as the foundation for a digital euro.
Nasdaq to Delist Windtree Therapeutics for Minimum Bid Price Noncompliance
Reading Time: < 1 minuteNasdaq has notified Windtree Therapeutics (WINT) that it will delist the company’s stock for failing to maintain a minimum bid price of $1.00 per share, as required by Nasdaq Listing Rule 5550(a)(2).
Kraken Brings Tokenized Stocks to Tron Blockchain in New Backed Partnership
Reading Time: < 1 minuteKraken is expanding its tokenized stock offerings, known as xStocks, to the Tron blockchain. This marks the third blockchain for these assets in under 60 days, following launches on Solana and BNB Chain.
Kanye West Launches ‘Yeezy Money’ Crypto on Solana, Market Cap Hits $2B
Reading Time: < 1 minuteKanye West (Ye) has announced the launch of “Yeezy Money” (YZY), a new cryptocurrency on the Solana blockchain.
China Considers Yuan Stablecoins in Landmark Crypto Policy Shift
Reading Time: < 1 minuteIn a potential reversal of its strict crypto ban, China is exploring the creation of a yuan-backed stablecoin.
Ark Invest Buys $37M in Bullish, Robinhood Amid Stock Declines
Reading Time: < 1 minuteCathie Wood’s Ark Invest made significant purchases in two crypto-linked stocks on Tuesday as their prices fell.
Fed Official Advocates for Staff Crypto Ownership for Educational Purposes
Reading Time: < 1 minuteFederal Reserve’s top regulator Michelle Bowman believes the key to understanding crypto is to hold it.
Institutional Repositioning Drives Significant Outflows in Crypto ETFs
Reading Time: < 1 minuteUS spot Bitcoin and Ethereum ETFs experienced substantial net outflows on Tuesday, totaling approximately $945 million combined.
Wyoming Debuts First State-Issued Stablecoin Multiple Blockchains
Reading Time: < 1 minuteWyoming has launched the Frontier Stable Token (FRNT), the first US state-backed stablecoin. The token, pegged to the US dollar, is now live on seven blockchains.
Ethereum ETFs Amass 5% of Circulating Supply as Institutional Demand Grows
Reading Time: < 1 minuteCoinbase reports digital asset treasuries hold an additional 2% of ETH supply, demonstrating growing institutional accumulation.
Illinois Enacts Stricter Crypto Oversight Laws for Exchanges and ATMs
Reading Time: < 1 minuteIllinois Governor JB Pritzker signed two bills into law on Monday, imposing tighter regulations on cryptocurrency businesses.
Figure Technology Solutions Files for US IPO as Crypto Lending Sector Gains Momentum
Reading Time: < 1 minuteBlockchain-powered lending firm Figure Technology Solutions has submitted plans for an initial public offering (IPO) in the US, marking the latest crypto-related company to seek a public listing.
South Korea Halts Crypto Lending Pending New Regulations
Reading Time: < 1 minuteSouth Korea’s Financial Services Commission (FSC) has instructed cryptocurrency exchanges to suspend lending services until official guidelines are established.
Fed Ends Crypto Bank Supervision Program in Regulatory Rollback
Reading Time: < 1 minuteThe US Federal Reserve has terminated its specialized program overseeing banks engaged in crypto and fintech activities, signaling a broader retreat from digital asset regulation.
Kraken Halts Monero Deposits Amid 51% Attack Concerns
Reading Time: < 1 minuteCryptocurrency exchange Kraken has temporarily suspended Monero (XMR) deposits following a suspected 51% attack on the privacy-centric blockchain, raising security concerns over the network’s stability.
Gemini Files for Nasdaq IPO Under Ticker “GEMI” Amid Financial Struggles
Reading Time: < 1 minuteCrypto exchange Gemini has officially filed for an initial public offering (IPO), seeking to list on the Nasdaq under the symbol GEMI, according to an S-1 filing published Friday.
Norway’s $1.7T Wealth Fund Increased Bitcoin Exposure by 83% in Q2
Reading Time: < 1 minuteNorway’s sovereign wealth fund, the world’s largest at $1.7 trillion, significantly boosted its Bitcoin-linked holdings in Q2, according to Standard Chartered.
Coinbase Finalizes $2.9B Acquisition of Deribit
Reading Time: < 1 minuteCoinbase has officially completed its $2.9 billion cash-and-stock acquisition of Deribit, the leading crypto derivatives exchange.
$1B Crypto Liquidations Triggered by Hot PPI Inflation Shock
Reading Time: < 1 minuteBitcoin dropped over 2% and Ethereum saw slight declines after July’s Producer Price Index (PPI) surged beyond expectations, sparking macroeconomic concerns and triggering $1 billion in crypto liquidations.
Spot Ethereum ETFs Extend Inflow Streak to 8 Days with $639 Million Surge
Reading Time: < 1 minuteUS spot Ethereum exchange-traded funds (ETFs) continued their bullish run, attracting $639.6 million in net inflows on Thursday—marking eight consecutive days of positive momentum.
SEC Delays Decision on Solana ETFs from Bitwise, 21Shares to October
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has postponed its decision on proposed Solana exchange-traded funds (ETFs) from Bitwise and 21Shares.
Bitcoin Breaks $124K: Fed Rate Cut Bets Outweigh Inflation Concerns
Reading Time: < 1 minuteBitcoin set a fresh record above $124,000 yesterday, climbing 3.64% amid heightened speculation of a September rate cut.
Musk’s SpaceX Maintains $1B Bitcoin Bet Despite 2022 Selloff
Reading Time: < 1 minuteSpaceX has rejoined the elite club of corporate Bitcoin holders with balances exceeding $1 billion, Arkham Intelligence data shows.
Google Play’s Updated Policy Exempts Non-Custodial Crypto Wallets
Reading Time: < 1 minuteGoogle Play has introduced new requirements for crypto wallet providers in more than 15 jurisdictions, including the US and the EU, mandating licensing and compliance with “industry standards.”
Standard Chartered Boosts Ethereum Outlook, Sees $7,500 by December Amid Strong Demand
Reading Time: < 1 minuteStandard Chartered revised its Ethereum price targets significantly higher, now projecting $7,500 by year-end (vs. $4,000 prior) and $25,000 by 2028 (vs. $7,500).
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