Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
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.
Ethereum ETF Issuers Are Submitting Updated Filings
Reading Time: < 1 minuteFive potential issuers of an exchange-traded fund (ETF) for Ether have amended their filings with the Securities and Exchange Commission after receiving last-minute feedback from the agency.
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.
US House of Representatives Democrats Won’t Have to Vote Against 2 Crypto Bills
Reading Time: < 1 minuteThe House Democrats have been informed that they will not be pressured into voting against two upcoming bills related to cryptocurrencies, even though they are being strongly encouraged to do so.
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.
Gemini Earn Will Return Customers’ Crypto by End of Month
Reading Time: < 1 minuteA US court has approved the bankruptcy plan of Genesis, a bankrupt crypto lender that collapsed due to the failure of the Terra/luna ecosystem and Three Arrows Capital.
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.
US Senate Passes Measure to Overturn a SEC Crypto Rule
Reading Time: < 1 minuteThe US Senate passed a measure on Thursday to overturn a Securities and Exchange Commission (SEC) bulletin that sets specific accounting standards for firms that custody cryptocurrencies.
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.
China Dismantles Underground Bank Using USDT for Foreign Currency Exchanges
Reading Time: < 1 minutePolice in Sichuan province, Southeast China, have broken up an underground bank that utilized the USDT stablecoin for foreign currency exchanges, involving transactions totaling at least 13.8 billion yuan ($1.9 billion).
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.
MicroStrategy is Added to MSCI Index
Reading Time: < 1 minuteBusiness intelligence company MicroStrategy has been added to a prominent global equity index following a significant surge in its stock price.
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.
Sonne Finance Loses $20M in an Exploit
Reading Time: < 1 minuteDecentralized lending protocol Sonne Finance fell victim to an exploit on Wednesday morning in Asia, resulting in losses estimated at around $20 million.
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.
Bitfarms Fires its CEO
Reading Time: < 1 minuteMining company Bitfarms has expedited the termination of CEO Geoffrey Morphy following his decision to sue the company, according to a recent press release.
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.
OKX Launches a Exchange in Australia
Reading Time: < 1 minuteCrypto exchange OKX is transitioning its services tailored for Australia to a locally regulated entity, enhancing its presence in the Asia-Pacific region.
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.
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