Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Daily Inflows into Bitcoin ETFs Hit $887M
Reading Time: < 1 minuteAccording to initial data, the United States has witnessed the second-highest net inflow day for Bitcoin exchange-traded funds (ETFs) with $886.6 million.
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.
Daily Inflows into US Spot Bitcoin ETFs Reach $105M
Reading Time: < 1 minuteThe 11 spot Bitcoin ETFs that were approved in the US in January have collectively attracted a total of $2.28 billion in inflows during this period, bringing the cumulative net inflows to $13.96 billion.
Hackers Steal $7M from Decentralized Exchange Velocore
Reading Time: < 1 minuteA hacker successfully used a vulnerability in the overflow logic of Velocore to manipulate a small withdrawal and turn it into a large deposit.
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.
GameStop Shares Surge Overnight
Reading Time: < 1 minuteGameStop shares experienced a significant surge of over 19% in overnight trading after Keith Gill, also known as “Roaring Kitty,” revealed on Reddit that he holds $181.4 million worth of GME stock and call options.
PEPE Token Trading Volume Rises 3X
Reading Time: < 1 minuteThe trading volume of Pepe, a popular meme coin, has increased threefold since the beginning of the month after experiencing a sudden 12% drop from its new all-time high on May 27.
SEC Asks Ethereum ETF Issuers to Submit S-1 Form Drafts
Reading Time: < 1 minuteThe process of obtaining approval for Ethereum ETFs is well underway, with attention now turning to the S-1 forms.
Robinhood About to Finalize Settlement with GameStop
Reading Time: < 1 minuteRobinhood is currently working towards reaching a settlement with investors who sued the company for halting the trading of certain meme stocks in 2021.
Fidelity’s Proposed Spot Ethereum ETF Listed on DTCC
Reading Time: < 1 minuteFidelity Investments’ Ethereum exchange-traded fund (ETF) for the US market has been recently listed on the Depository Trust and Clearing Corporation (DTCC)’s list of ETFs.
PayPal’s Stablecoin Expands to Solana
Reading Time: < 1 minutePayPal’s PYUSD stablecoin, recently launched on Solana, introduces a new feature called “confidential transfers” that gives merchants the option to conceal transaction amounts for consumers while still adhering to regulations.
MoonPay Launches a Web3 Tool Platform
Reading Time: < 1 minuteMoonPay has announced the launch of Web3 Tools, a platform aimed at simplifying the Web3 experience for consumers and helping brands provide seamless blockchain payments infrastructure.
Bitnomial and Luxor Roll Out a Bitcoin Mining Derivatives Product
Reading Time: < 1 minuteLuxor Technology Corporation and Bitnomial Inc. have teamed up to launch a new Bitcoin mining derivative product on Bitnomial’s United States derivatives exchange.
Ether’s Spot Trading Market Share on the Rise
Reading Time: < 1 minuteThe recent SEC approval for a spot Ether ETF has brought some relief to Ethereum.
Ledger Starts Shipping its New Hardware Wallet
Reading Time: < 1 minuteAfter a long delay, Ledger has started sending its recently released Ledger Stax hardware wallets to customers who pre-ordered them more than a year ago.
Donald Trump’s Crypto Asset Holdings Surpass $10M
Reading Time: < 1 minuteOn Monday, May 27, former United States President Donald Trump briefly held over $10 million in crypto assets, with the majority of his holdings comprised of TRUMP tokens.
Cristiano Ronaldo Launches a New NFT Collection
Reading Time: < 1 minuteCelebrity soccer player Cristiano Ronaldo has revealed his fourth collection of non-fungible tokens (NFTs) in collaboration with Binance.
Ethereum to Deploy Pectra Upgrade in Q1 2025
Reading Time: < 1 minuteThe Ethereum core development team has set a goal to release the Pectra upgrade in the first quarter of 2025 during an execution layer meeting.
Bitcoin’s White Paper is Reuploaded to Bitcoin.org’s Website
Reading Time: < 1 minuteFollowing Craig Wright’s unsuccessful legal attempt to prove his identity as Satoshi Nakamoto, the creator of the Bitcoin protocol, the Bitcoin white paper has been reuploaded to the Bitcoin.org website.
US House Passes Anti-CBDC Bill
Reading Time: < 1 minuteIn a party-line vote, the US House of Representatives voted against the Federal Reserve’s plans to develop a central bank digital currency.
Hong Kong’s Spot Bitcoin ETFs Experience Outflows
Reading Time: < 1 minuteOn Thursday, Hong Kong’s three Bitcoin exchange-traded funds (ETFs) saw a total outflow of 25.63 BTC, while the spot ether ETFs reported no movement in their assets.
SEC Gives Approval to Spot Ether ETFs
Reading Time: < 1 minuteIn a major decision this year, the United States Securities and Exchange Commission has granted permission for spot Ether exchange-traded funds (ETFs) to operate in the country.
MetaMask Announces Support for Bitcoin
Reading Time: < 1 minuteThe platform will soon bridge the gap between two major cryptocurrency communities by introducing support for Bitcoin.
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.
Cboe BZX Refiles its Spot Ethereum ETF Proposal
Reading Time: < 1 minuteCboeBZX has updated its 19b-4 forms for five proposed Ethereum exchange-traded funds in a potential sign that they may soon be approved.
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