Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
Wallet Developer Exodus’ NYSE Listing is Put Off
Reading Time: < 1 minuteThe planned listing of the Exodus Movement on the New York Stock Exchange has been delayed due to ongoing review by the SEC.
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.
BitMEX Rolls Out Options Trading
Reading Time: < 1 minuteA new options trading feature has been developed by BitMEX in collaboration with PowerTrade.
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.
LocalMonero Closes its P2P Platform
Reading Time: < 1 minuteOn Tuesday, LocalMonero announced it was shutting down its peer-to-peer exchange for Monero cryptocurrency due to unspecified internal and external issues after almost seven years of operation.
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).
Revolut Rolls Out a Crypto Trading Platform in UK
Reading Time: < 1 minuteRevolut has today launched Revolut X, a standalone crypto trading platform available to its retail customers in the UK.
Daily Amount of ETH Burned on Ethereum Network Falls to Lowest Level in 2024
Reading Time: < 1 minuteThe Ethereum network has recently experienced a significant decline in the daily amount of ETH burned, reaching its lowest level this year.
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.
Bitcoin Surpasses One Billion Transactions
Reading Time: < 1 minuteMore than 800 weeks and a day has passed since Bitcoin was launched on January 3, 2009, when its very first block was created.
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.
Block Plans to Invest 10% of its Bitcoin Profits into BTC
Reading Time: < 1 minuteBlock shares rose 3.16% to $242.90 in after-hours trading, following better-than-expected first-quarter earnings.
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.
Tether’s Q1 Net Profit Hits $4.5B
Reading Time: < 1 minuteIn January-March, Tether, the issuer of the stablecoin USDT, reported a record net profit of $4.52 billion.
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.
BlackRock’s BUIDL Reaches a $375M Market Cap
Reading Time: < 1 minuteThe BlackRock USD Institutional Digital Liquidity Fund, known by the ticker BUIDL, has become the largest treasury fund tokenized on a blockchain.
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.
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