Hong Kong Privacy Commissioner Orders Worldcoin to Cease Operations Over Privacy Violations
The Office of the Privacy Commissioner for Personal Data (PCPD) in Hong Kong recently concluded an extensive investigation into the Worldcoin project. Initiated in January 2024, this inquiry scrutinized the…
BlackRock’s Bitcoin ETF Sees Significant Inflows During BTC Market Rally
On Tuesday, May 21, BlackRock’s spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), captured 95% of the total inflows into United States spot Bitcoin ETFs, highlighting a significant…
PEPE Hits New Record as Ethereum Prices Climb on Anticipated ETF Approvals
The Ethereum-based memecoin, PEPE, has achieved a remarkable 27% increase, reaching a new all-time high in the last 24 hours. This surge is largely attributed to the speculative anticipation surrounding…
DEGEN Token Rises 17% Following Farcaster’s $150 Million Series A Funding
The blockchain-based social platform Farcaster, under the helm of Merkle Manufactory, has successfully secured a $150 million investment in its Series A funding round, significantly boosting the platform’s prospects and…
Gala Games Attacker Returns $22M in Ether Following GALA Token Breach
Gala Games, a prominent player in the blockchain gaming sector, recently confronted a severe security breach where an attacker unauthorizedly minted $200 million worth of GALA tokens. This incident unfolded…
Bitcoin Reaches New Milestones in Local Currencies of Japan, Argentina, and the Philippines
Bitcoin has recently achieved notable gains, experiencing a 7% increase in a single day which propelled its value towards record highs in various countries across Asia and South America. As…
Former Florida Congressman Appointed to Coinbase Global Advisory Council
Kendrick Meek, the former House Representative for Florida’s 17th congressional district, has taken on a new role within the cryptocurrency sector by joining Coinbase’s Global Advisory Council. This move marks…
New York Attorney General Secures $2 Billion Settlement with Genesis to Compensate Investors
Letitia James, the Attorney General of New York, has achieved a significant legal victory, securing a $2 billion settlement with the cryptocurrency firm Genesis. This agreement aims to compensate investors…
Binance Encourages Participation from Small to Medium Projects to Address Low Circulation and High Valuation Challenges
Crypto exchange Binance has taken a proactive stance against the prevalent trend of low float and high fully diluted valuations (FDV) in the cryptocurrency industry. On May 20, Binance extended…
Bitcoin Needs a $93K Valuation to Surpass Silver in Market Cap
In 2024, silver has notably outperformed Bitcoin, reclaiming its position as the eighth-largest asset by market cap, a spot it lost to Bitcoin in March. This resurgence in silver’s value…
Debate Intensifies Over the Importance of Decentralization in Crypto
On May 19, Ethereum researcher Dankrad Feist ignited a spirited discussion on the social platform X by proclaiming Ethereum as a true embodiment of the cryptocurrency vision. Feist’s assertion that…
Accelerated Developments in Ether ETF Filings, Yet Approval Remains Uncertain
Stock exchanges aiming to list and trade shares of spot ether (ETH) exchange-traded funds (ETFs) have been promptly instructed by regulators to update their key filings. This sudden regulatory activity…
Ethereum’s Price Soars 18% Amid Optimism for Spot Ether ETF Approvals
Ethereum (ETH) has witnessed a dramatic 18% rise in just 24 hours, fueled by renewed optimism that spot Ether exchange-traded funds (ETFs) might receive regulatory approval soon. This surge occurs…
Analysts Suggest SEC May Reconsider Denial of Spot Ether ETF
Recent discussions within the financial community have prompted two Bloomberg ETF analysts, James Seyffart and Eric Balchunas, to reassess their expectations regarding the U.S. Securities and Exchange Commission’s (SEC) stance…
Trader Converts $2.2K in Solana to $2.26M in Just 8 Hours Through Memecoin Trade
In a striking display of market acumen, a trader identified as “sundayfunday.sol” managed to convert an investment of $2,275 in Solana tokens into a staggering $2.26 million within an eight-hour…
Dollar Holds Steady; Ether Sparks Cryptocurrency Surge
The dollar exhibited stability on Tuesday, while the yen struggled below the 156 mark against the U.S. dollar, indicative of a constrained trading pattern. Investors maintained their existing positions, closely…
Leadership Transition at Grayscale Investments
Michael Sonnenshein has resigned from his position as CEO of Grayscale Investments, marking the end of a significant era for the U.S.-based cryptocurrency asset management giant. After over a decade…
Ethereum Developer’s Paid Role at EigenLayer Raises Questions About Potential Conflicts of Interest
On May 19, in a detailed post on X, Justin Drake, a researcher at the Ethereum Foundation, revealed his new advisory role with the EigenFoundation. This position offers him a…
Five On-Chain Metrics Suggest Crypto Bull Market May Just Be Starting
Despite the cryptocurrency markets exhibiting sideways movement over the past three months, a surge in bullish sentiment is evidenced by five significant on-chain indicators. These indicators hint that the bull…
Spot Ether ETF Decision Rests with SEC’s 5-Member Panel; Gensler Could Be Decisive
The fate of spot Ether exchange-traded funds (ETFs) may hinge on a critical vote by Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), reflecting a pivotal moment…