Posted 1 minute ago In ~ Updated: May 31, 2024, 6:46 PM EDT ARK Invest will no longer be a partner of 21Shares for the proposed position. Ethereum ETH +1.12% The fund, according to an amended registration statement filed late Friday. In the newly revised contents Form S-1, formerly known as Ark 21Shares Ethereum ETF, was changed to 21Shares Core Ethereum ETF. A 21Shares spokesperson confirmed the change in an emailed statement to The Block. “Based on the filing details, ARK Invest will not serve as a partner for this ETF,” the spokesperson said. “We are enthusiastic about the SEC’s…
Author: Crypto Flexs
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The Grayscale-Harris poll, conducted in April-May 2024, reveals important insights into U.S. voters’ views on cryptocurrencies and their potential impact on the upcoming presidential election. The survey of more than 2,000 adults highlights key trends such as high interest in cryptocurrencies among youth, minorities, men and Democratic voters. Significant findings include a 97% probability (…)
Decentralized Exchange DEXes, such as Uniswap (UNI), serve as an important component within the crypto-financial system. According to Glassnode Insights, these platforms allow users to trade cryptocurrencies directly with each other or through liquidity pools, eliminating the need for a counterparty or centralized entity to execute the trades. Unauthorized trading Uniswap is the largest DEX protocol known for its permissionless access and user-friendly interface. Users maintain control over their funds and trade through liquidity pools that contain assets from both sides of the trading pair. Additionally, anyone can create or participate in a trading pool…
On Friday morning, Sen. Ron Wyden (D-Ore.), a member of Biden’s party who voted in favor of the resolution, said at the CoinDesk Consensus 2024 conference in Austin that the guidance creates different standards for cryptocurrencies and other assets in the financial sector. He said he would make it. Texas.
Oracle has announced plans to establish two new Oracle Cloud regions in Morocco to provide enterprise cloud services to organizations across Africa. The new regions, located in Casablanca and Settat, enable Oracle customers and partners to migrate critical workloads from their data centers to Oracle Cloud Infrastructure (OCI) to comply with local regulations and accelerate digital transformation. Driving digital innovation in Morocco This initiative highlights Oracle’s commitment to Africa and is expected to drive the digital modernization of businesses, startups, universities and investors in Morocco and the wider region. This project is consistent with Morocco’s…
The price of BNB is currently trending within a descending triangle. Demand for altcoins must increase to break the upper line of this triangle. Binance Coin (BNB) has been trending downward since the price peaked at $612 on May 27 and formed a descending triangle. At the time of writing, the altcoin is trading at $593.11, recording a 3% price decline over the past three days. BNB at the intersection At the current price, Binance Coin is trading slightly below the bottom line of the descending triangle that forms support. For a move towards the top of this triangle (resistance)…
Recently, in 2024, the cryptocurrency industry is facing a situation where financial damage is rapidly increasing due to frequent cyber attacks such as hacking and rug pull. Blockchain security company Immunefi said 32 confirmed attacks resulted in losses exceeding $200 million in the first quarter of this year. This is a 15.4% increase compared to $173 million in the same period last year. In February, a number of adverse events resulted in significant financial losses. A total of $67 million was extracted in 12 different incidents, almost half of the $133 million stolen in January. Another significant incident was the…
Recently, in 2024, the cryptocurrency industry is facing a situation where financial damage is rapidly increasing due to frequent cyber attacks such as hacking and rug pull. Blockchain security company Immunefi said 32 confirmed attacks resulted in losses exceeding $200 million in the first quarter of this year. This is a 15.4% increase compared to $173 million in the same period last year. In February, a number of adverse events resulted in significant financial losses. A total of $67 million was extracted in 12 different incidents, almost half of the $133 million stolen in January. Another significant incident was the…
The EOS Network Foundation limits token supply to 2.1 billion. The new economic model includes a four-year halving and RAM market support. 950 million EOS tokens will be issued for ecosystem growth and rewards. In a groundbreaking move, the EOS Network Foundation, led by CEO Yves La Rose, approved a community proposal to limit the total supply of EOS tokens to 2.1 billion. This decision represents a significant change in network token economics, aimed at stabilizing and improving the economic model of the EOS ecosystem. Community Approval and Implementation The proposal, which has received approval from at least 15 of…
Posted 1 minute ago In ~ The Uniswap Foundation, the organization that governs the decentralized exchange Uniswap, postponed the vote. UNI -6.73% Staking and delegation rewards are scheduled for Friday. The postponement brought further attention as “stakeholders” discussed their concerns with the foundation. UNI’s price fell following the announcement.“Last week we announced that the first proposal to enable Uniswap protocol governance will be deployed on-chain today,” the foundation wrote on social media platform “Due to the immutability and sensitivity of our proposed upgrade, we have made the difficult decision to postpone publishing this vote.””This was unexpected and we apologize for…