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Ethereum ETF Approval Anticipation Rises Amid Market Surge
May 21, 2024
The SEC could approve a spot Ethereum ETF as early as this week, signalling a significant shift in regulatory stance. Bloomberg analysts Eric Balchunas and James Seyffart have increased their …
Read moreEthereum Soars on ETF Hopes, Lifting the Market
May 21, 2024
Ethereum has seen a remarkable surge, skyrocketing over 20% amid rising speculation that an ETH ETF approval is imminent. This bullish sentiment has also lifted other cryptocurrencies like Arbitrum and …
Read moreGala Games Exploited for $200 Million
May 21, 2024
An unknown attacker exploited the blockchain gaming project Gala Games on May 20, resulting in approximately $200 million in losses, as per reports. The attacker minted 5 billion GALA tokens …
Read moreBitcoin ETFs Accumulate Nearly $1 Billion in Inflows
May 21, 2024
Bitcoin Exchange-Traded Funds (ETFs) have attracted almost $1 billion in fresh investments over a span of five days, reflecting a surge in interest in the top cryptocurrency. This influx has …
Read moreBitcoin Surges Past $70K Amid Ethereum ETF Speculation
May 20, 2024
Bitcoin (BTC) has broken the $70,000 barrier, reaching $70,325 before stabilizing at $68,700 on May 21. This milestone comes as a result of significant investment in spot Bitcoin exchange-traded funds …
Read morePolimec Web3 Funding Platform Launches and TikTok Decentralization Efforts Link to Polkadot
May 20, 2024
Polimec, a decentralized and community-driven funding parachain, has officially launched on Polkadot. This platform evaluates Web3 projects for potential fundraising, aiming to bring transparency, accessibility, and regulatory compliance to the …
Read moreFormer Pump.fun Employee Arrested Following $1.9 Million Crypto Exploit
May 20, 2024
Jarret Dunn, a former employee of Solana-based memecoin launchpad Pump.fun, is currently on bail in the United Kingdom following his recent arrest.Dunn, also known by his online alias “STACCoverflow,” admitted …
Read moreBitcoin Gains Amid Favorable CPI and ETF Inflows
May 20, 2024
Bitcoin (BTC) saw a significant boost driven by spot buying and notable inflows into Bitcoin ETFs in the US. The State of Wisconsin made headlines by purchasing $170 million worth …
Read moreGenesis Agrees to Multi-Billion Dollar Settlement in Bankruptcy Plan
May 20, 2024
Bankrupt crypto lender Genesis has reached a significant agreement to settle a $2 billion payment aimed at partially reimbursing users of its defunct lending division. This substantial settlement forms part …
Read moreGrayscale CEO Michael Sonnenshein Steps Down
May 20, 2024
Grayscale announced that CEO Michael Sonnenshein is stepping down and will be replaced by Peter Mintzberg, who is currently head of strategy for asset and wealth manager at Goldman Sachs. …
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