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

Franklin Templeton’s Eth ETF Decision Delayed

SEC Delays Decision on Invesco Galaxy Spot Ethereum ETF

The Securities and Exchange Commission (SEC) has announced a delay in its decision regarding the Invesco Galaxy spot Ethereum exchange-traded fund (ETF). In an announcement, the S...

4 months ago

Polygon Launches Alpha Testnet of Zero-Knowledge Rollup Solution ‘Miden’

Polygon, a prominent Ethereum layer-2 developer, has introduced the alpha version testnet of its latest zero-knowledge (ZK)-rollup solution named Miden. In a post on May 6, P...

4 months ago

Exodus Movement, Inc., the developer of non-custodial crypto wallet Exodus, is set to go public on May 9 on the NYSE American in a bid to create “long-term value” for investors.

Bitcoin wallet developer Exodus to go public on New York Stock Exchange

Crypto wallet maker Exodus Movement, Inc. received approval for its common stock for listing on the New York Stock Exchange (NYSE), the company announced in a press release o...

4 months ago

The co-founder and CEO of LayerZero Labs, Bryan Pellegrino, discussed concerns about company employees participating in its upcoming airdrop.

LayerZero to fire employees participating in internal airdrops

In an X post on May 7, Pellegrino said that all the LayerZero Labs employees are “100% restricted” from participating in the platform’s long-awaited airdrop — first ...

4 months ago

U.S. Senator Cynthia Lummis argued that the Department of Justice’s position on crypto self-custody conflicts with existing Treasury guidance and breaches the rule of law.

Senator Lummis challenges DOJ’s stance on private crypto wallets

Lummis (R-WY) says she opposes the Biden Administration’s criminalization efforts related to the Bitcoin (BTC) network and decentralized finance (defi). The Department of Justice...

4 months ago

The U.S. Department of the Treasury’s OFAC has sanctioned a Russian one-way attack UAV developer, which solicited donations in crypto on Telegram.

US sanctions crypto addresses tied to Russian drone developer

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on May 1 sanctioned nearly 300 individuals and entities in a bid “to limit the Kremlin’s revenue a...

4 months ago

Fidelity Records Largest Daily Outflow

BlackRock’s IBIT Experiences $37M Outflows for First Time, Other Funds See Combined $526.8M Withdrawals

The spot Bitcoin exchange-traded funds (ETFs) in the United States have witnessed record net outflows, with BlackRock’s iShares Bitcoin Trust (IBIT) experiencing&n...

4 months ago

UK Crypto Firms Face Uphill Battle as FCA Registration Process Weeds Out Many

UK FCA Dedicated 30% of Financial Crime Personnel to Monitor Crypto Companies in 2023

The UK’s financial watchdog dedicated nearly a third (30%) of its financial crime specialists to overseeing crypto asset businesses in 2023, according to a report released&n...

4 months ago

Apple has reportedly been luring experts from Google in its efforts to catch up with Big Tech companies in the race to develop and deploy high-level AI models.

Apple poaches Google AI staff, creates ‘secretive’ laboratory

Apple has reportedly been snatching up experts from Google in an effort to build out its own team of artificial intelligence (AI) and machine learning experts.  According to a&nbs...

4 months ago