Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?

It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week.

Spot Ether ETFs will come down to a 5-person vote: Gensler the decider?

The fate of spot Ether exchange-traded funds could be decided this week by a single vote from Gary Gensler, the chair of the United States Securities and Exchange Commission — if hist...

3 months ago

Galaxy Digital’s revenue soars with mining, fees at record levels

Galaxy Digital’s net income climbed 40% in the first quarter of 2024, buoyed by record-breaking revenue from mining operations and management fees.

Galaxy Digital’s revenue soars with mining, fees at record levels

Galaxy Digital reported a robust first quarter in 2024, with net income climbing to $422 million, a 40% increase from the previous quarter. The surge was supported by record earnings in mining a...

4 months ago

Rain exchange suffered $14.1M in suspicious outflows 2 weeks ago

Several wallets reportedly belonging to Rain sent suspicious token transfers to a new address.

Rain exchange suffered $14.1M in suspicious outflows 2 weeks ago

The Rain cryptocurrency exchange was “likely exploited” on April 29 when $14.1 million worth of Bitcoin, Ether, Solana, and was transferred to a new wallet under suspicious circumsta...

4 months ago

Attacker Returns $153,000 Worth of Ether to Victim After Stealing $68 Million

Attacker Expressed Willingness To Negotiate

Attacker Returns $153,000 Worth of Ether to Victim After Stealing $68 Million

An attacker involved in a $68 million address poisoning scam has exhibited a gesture of goodwill by returning $153,000 worth of Ether to the victim. The address-poisoning attack initia...

4 months ago

Tether scales crypto payments in Eastern Europe with new investment

The new investment aims to strengthen CityPay.io’s expansion into Eastern Europe, specifically into Georgia, Armenia, Azerbaijan, Kazakhstan and Uzbekistan.

Tether scales crypto payments in Eastern Europe with new investment

Stablecoin giant Tether is increasing its bets on cryptocurrency adoption in Eastern Europe with additional investment in the Georgia-based crypto payment provider CityPay.io.  Te...

4 months ago

Near Protocol ‘darkness’ and ‘sovereignty’ X posts raise hack suspicion

The unusual messages, including a Morse code video and gothic-font tweets, left the crypto community puzzled. Near Protocol has not yet commented on the incident.

Near Protocol ‘darkness’ and ‘sovereignty’ X posts raise hack suspicion

Several tweets went out from Near Protocol’s official X handle, asking its nearly two million followers to “reclaim your sovereignty,” among other unusual directives. ...

4 months ago

$20M bridged ETH returns to ZKasino multisig, raising hopes for a refund

The 6,021 wstETH recently moved back equates to around two-thirds of the amount that went missing in the exit scam.

$20M bridged ETH returns to ZKasino multisig, raising hopes for a refund

More than $20 million worth of bridged Ether ETH $2,984  has been mysteriously returned to blockchain-based gambling project ZKasino wallet — almost three weeks af...

4 months ago

Grayscale Withdraws Ether Futures ETF Application Before SEC Decision

Grayscale Using Ether Futures ETF as a Strategic Tool?

Grayscale Withdraws Ether Futures ETF Application Before SEC Decision

The world’s largest cryptocurrency asset manager Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US Securities an...

4 months ago

Jack Dorsey’s Block to raise $1.5B in senior notes offering

Fitch Ratings notes that Block has used convertible debt for external funding since its IPO and is well-positioned to exploit the growth in payments and consumer financial services.

Jack Dorsey’s Block to raise $1.5B in senior notes offering

Fintech firm Block (formerly Square) announced plans on May 6 to issue $1.5 billion in senior notes through a private placement to qualified institutional investors.  Th...

4 months ago

Revolut debuts dedicated crypto exchange for UK users

Revolut announced its new Revolut X crypto trading platform for U.K. retail users, which it claims will offer fixed low fees and easy fiat-to-crypto conversion.

Revolut debuts dedicated crypto exchange for UK users

The fintech company and global neobank Revolut made a notable move into the cryptocurrency sphere by quietly introducing a specialized crypto trading platform for retail customers in the United ...

4 months ago

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