In a landmark decision, the U.S. Securities and Exchange Commission (SEC) has approved the launch of a spot Ethereum exchange-traded fund (ETF), paving the way for institutional investors to gain direct exposure to the world’s second-largest cryptocurrency. The move comes just five months after the agency gave approval to launch a Bitcoin ETF, marking a seismic shift in the cryptocurrency regulatory landscape in the United States. TLDR The U.S. Securities and Exchange Commission (SEC) has approved the launch of a spot Ethereum ETF. This approval comes just five months after the SEC gave the green light for Bitcoin ETFs to…
Author: Crypto Flexs
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Transak integrates USDT into TON, improving cryptocurrency accessibility for over 5 million users. Integration supports popular wallets including Tonkeeper, Trust Wallet, and Telegram. TON Foundation invests 11 million Toncoins to increase USDT adoption and user incentives. Transak, a leading fiat-to-crypto onramp company, announced the integration of the Tether (USDT) stablecoin onto the Open Network (TON) blockchain. This listing follows a strategic collaboration between the TON Foundation and Tether, which was unveiled at the TOKEN2049 event held in Dubai on April 19, 2024. The collaboration leverages TON’s highly scalable blockchain technology, Telegram’s massive user base of over 900 million users, and…
Does Bitcoin Core or any other full-node capable client compress blocks in transit locally on the network or on the node’s file system? i used 7z I compressed a small number of locally stored blocks and got a compression ratio of 50%!
Hong Kong’s Securities and Futures Commission (SFC) recently scheduled a pre-trial review of the alleged fraudulent trading of China All Access (Holdings) Limited (CAA) shares. According to an official statement from the SFC, the pre-trial review is scheduled to take place on June 21, 2024. details of the case This case involves allegations of false trading, which, if proven, could have serious consequences for those involved. Although the specific details of the alleged false trading have not been made public at this time, the incident itself highlights how important it is to maintain transparency and…
Majuro, Marshall Islands, May 23, 2024, Chainwire multi poolAnnounced a corporate partnership with Ga, a leading innovator in the blockchain and cryptocurrency industry. mobilelum. Multipool’s partnership with Mobilum will allow users to onboard into cryptocurrencies without going through a centralized exchange. “A centralized exchange is coming soon. We’re excited to provide you with another option that doesn’t disrupt your DeFi lifestyle. This partnership offers numerous benefits to both parties, with the highlight being truly DeFi onboarding. Getting MULLED is now much more accessible to the mass market.” Steven Murray is a key contributor to Multipool. “Mobilum is excited to connect…
If we do the research, you can get alpha!Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!Go to Alpha ReportCrypto Twitter scored another win for 2024 after the U.S. Securities and Exchange Commission approved eight spot Ethereum ETFs on Thursday, the first Bitcoin ETF was approved in January, and the U.S. House of Representatives voted on 21st Century Financial Innovation and Finance. Passed the Technology Act ( FIT21 ), Wednesday.Lawmakers from both parties have urged the SEC to approve a spot Ethereum ETF, saying exchange-traded products should receive the…
Bitcoin (BTC) price fell 2.5% today, surprising traders who had been confident the cryptocurrency would hit a new all-time high after rising to $72,000 earlier in the week. Data from Cointelegraph Markets Pro and TradingView shows that leveraged long traders were caught off guard as the price of BTC suddenly fell from a high of $71,980 on May 21 to an intraday low of $67,550 on May 23.BTC/USD daily chart. source: TradingView“Bitcoin is still following a similar path to 2016-2017,” independent analyst Jelle said, reacting to what has become a familiar pattern for BTC from previous cycles. Jelle said that…
The U.S. Supreme Court ruled against cryptocurrency exchange Coinbase in its Dogecoin (DOGE) sweepstakes. The Supreme Court unanimously ruled that any conflict between Coinbase’s sweepstakes agreement and user agreement must be determined through the court system, according to a new legal document obtained by Cornell Law. Judge Ketanji Brown Jackson said: “Arbitration is a matter of contract and consent, and we have long held that a dispute is subject to arbitration only if the parties actually agree to arbitrate the dispute. If so, the court must determine what the parties agreed to before the delegation or forum selection clause can…
Last April, after unveiling its partnership with Tether, the TON Foundation announced that it would allocate approximately 11 million TON to reward early adopters of USDT on the open network. Crypto payment infrastructure provider Transak has added support for Tether’s stablecoin USDT to The Open Network (TON). The goal of this integration is to provide users with a seamless, borderless peer-to-peer (P2P) experience. Transak initially expanded into the TON ecosystem in September 2023 through a partnership with Tonkeeper, Telegram’s protocol wallet. According to a recent report, after months of integrating and exploring open networks, Transak now allows traders from over…
In a landmark decision, the US SEC approved eight spot Ethereum (ETH) exchange-traded fund ETFs, including ETFs from BlackRock and Fidelity.. This approval marks another milestone in the cryptocurrency market, following the first placement of a Bitcoin ETF. SEC approves 8 Ethereum ETFs The SEC has permitted 19b-4 forms for these ETFs. However, the issuer still needs approval of the S-1 registration statement, which may take weeks or months. Bloomberg ETF analyst James Seyffart noted that this process has historically taken more than three months. The SEC’s approval was unexpected due to the lack of prior interaction with the ETF…