The U.S. Securities and Exchange Commission (SEC) held talks with prospective investors. Solana brush +1.22% According to people familiar with the situation, Cboe BZX raised concerns about Solana’s potential security status with ETF issuers before deleting the relevant 19b-4 filing.After discussion, the SEC and Cboe agreed not to file Form 19b-4 with the Federal Register, which would have started the approval process. Doing so would have pressured the SEC to make a decision regarding the potential Solana ETF.As we noticed over the weekend, the 19b-4 filings filed by the exchange on behalf of issuers are no longer listed on the…
Author: Crypto Flexs
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Victoria, Seychelles, 19 August 2024, Chainwire Bitget, a leading cryptocurrency exchange and Web3 company, has announced a partnership with the popular TON project DOGS. Users can now claim the DOGS token airdrop without gas fees by linking their Bitget account via the DOGS Telegram mini-app. Once the process is complete, DOGS tokens will be automatically credited to the Bitget exchange account before the official TGE time. The DOGS token is inspired by Spotty, a mascot created specifically for the Telegram community by TON founder Pavel Durov. The token embodies the unique essence and vibrant culture of Telegram users. According to…
Peter Zhang 19 Aug 2024 12:36 Binance has announced that it will support the Frontier (FRONT) token swap and rebrand to Self Chain (SLF), which will impact trading pairs and futures contracts. Leading cryptocurrency exchange Binance has announced support for the Frontier (FRONT) token swap and rebranding to Self Chain (SLF). According to Binance, this significant transition will impact a number of trading pairs and services on the platform.Token Swap DetailsStarting from 03:00 UTC on August 27, 2024, Binance will delist all existing FRONT spot trading pairs, including FRONT/BTC, FRONT/TRY, FRONT/USDC, FRONT/USDT. All pending…
In today’s world, financial independence is more than just a goal. It’s a necessity. With rising costs of living, economic uncertainty, and the unpredictability of traditional employment, managing and growing your financial resources has become a critical aspect of modern life. WealthInvest24.com serves as a beacon for those who want to take control of their financial future. Unlike many other platforms that focus primarily on short-term gains, WealthInvest24.com emphasizes the importance of long-term financial independence through strategic investing, education, and developing disciplined financial habits. In this article, we explore how WealthInvest24.com fosters a culture of informed investing and financial responsibility…
Ether (ETH) has been trading in a narrow $230 range since August 9, holding solid support at $2,550. However, this is a 20% drop from three weeks ago, when ETH closed above $3,300 in July. While this drop is in line with the broader contraction in cryptocurrency prices, Ether is facing its own unique challenges. Decentralized applications (DApps) on the Ethereum network have seen a significant decline in activity over the past seven days.Spot Ether ETF flows and weak Ethereum network activity limit ETH price gains.Part of the reason Ether has failed to maintain its bullish momentum could be the…
Company • August 19, 2024 5:07 PM EDT Posted 1 minute earlier ~ in Quick take As the Democratic National Convention opens, cryptocurrencies have been removed from the party’s platform. Bitwise Acquires Physical Bitcoin ETP Issuer ETC Group Amid European Expansion Shaquille O’Neal’s Legal Battle Over Astrals NFT Case Partially Dismissed The following is an excerpt from The Block’s newsletter, The Daily, published weekday afternoons. Happy Monday! Today’s Daily features the Democratic Party’s platform missing crypto before the convention, Bitwise acquires crypto ETP issuer ETC Group, Shaquille O’Neal’s NFT lawsuit partially dismissed, and more. Let’s get started. Cryptocurrency disappears from…
Digital asset manager CoinShares said last week that institutional cryptocurrency investors were pouring only a small amount of capital into digital asset investment products. CoinShares said in its latest Digital Asset Fund Flows report that Ethereum (ETH) competitor Solana’s (SOL) institutional crypto investment product saw record outflows last week amid fading interest in Mimecoin. “Solana saw its largest outflow on record, $39 million, as trading volumes in the heavily reliant Mimecoin dropped sharply.” Source: CoinShares According to CoinShares, last week saw a massive drop in trading volumes for institutional investment products due to changing expectations about the Federal Reserve’s next…
Louisa Crawford 19 Aug 2024 13:20 BNB Chain has announced a $1 million gas subsidy program aimed at supporting Web3 startups and developers for three months. BNB Chain has unveiled a new Gas Grants Program that will provide over $1 million in rewards to support Web3 innovation and growth. According to the BNB Chain Blog, the initiative, which will run for three months, aims to support startups and developers to achieve significant business success within the BNB Chain ecosystem. Program Eligibility This program is open to: Decentralized applications (dApp) will be deployed on the…
According to CoinMarketCap, Cardano has dropped out of the top 10 cryptocurrencies by market cap, falling by around 3% over the past seven days.Cardano (ADA), which ranked third in the cryptocurrency rankings during the 2021 bull cycle, is now ranked 11th, behind Tron (TRX). Tron’s current market cap is $12.04 billion, while Cardano’s market cap is $11.89 billion.This isn’t the first time Cardano has fallen out of the top 10. In May, Toncoin overtook ADA after TON surged 30% in two weeks.Top 10 cryptocurrencies by market cap. Source: CoinMarketCapThis comes amid a market-wide correction that has seen most cryptocurrencies drop…
MATIC is currently in a subdued price action in the cycle and is approaching its June 2022 low. MATIC holders will be able to convert their balances into multi-purpose POL tokens in September. Polygon (MATIC) is currently in the process of transitioning to a more advanced decentralized system. Polygon 2.0, released in June 2023, entails a series of upgrades that redefine Polygon’s token economics, protocol architecture, and governance aspects. The upgrade also includes improvements to the network’s consensus mechanism to support anticipated growth and scaling demands. Polygon’s ambition to become a multi-chain solution Polygon 2.0 introduces a new architecture focused…