Grayscale Investments CEO Michael Sonnenshein said his company is feeling optimistic about conversations it has had with the Securities and Exchange Commission about the potential of a Bitcoin spot exchange-traded fund.“We feel optimistic,” Sonnenshein told Yahoo Finance on Wednesday. “We have been actively engaging with the SEC. The questions we receive from them send a signal that they want to engage with this issue and are eager to make progress on this issue.”No timeline was shared, Sonnenshein added.Grayscale has been competing for a spot Bitcoin ETF and won a court victory last August after three judges. rule The SEC said…
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Xsolla, a global video game commerce company, and Crypto.com, a global cryptocurrency platform, announced a partnership to integrate Crypto.com’s checkout solution into Xsolla’s Pay Station platform. This innovative integration of Crypto.com Pay represents a significant advancement for the gaming industry and provides new possibilities for game developers and players to accept cryptocurrency payments and streamline transactions in a user-friendly and secure manner for a universally enhanced experience. It allows you to This pivotal update expands the horizons of digital payment methods, providing players with a wider variety of preferred transaction options across digital and metaverse environments. This collaboration is also…
Mantle, the DAO-led web3 ecosystem, today unveiled the Mantle Liquid Staking Protocol (LSP), a major addition to the Mantle ecosystem, giving users a new way to participate in Ethereum’s proof-of-stake (PoS) verification network. He said he would. Statement shared with CryptoSlate.Mantle LSP is a permissionless, non-custodial Ethereum (ETH) liquid staking protocol that operates on Ethereum L1 and is managed by Mantle. It is the second core product of the Mantle ecosystem, following Mantle Network L2. Mantle assumes that the introduction of Mantle Staked Ether (mETH), a value-accumulating receipt token, is a pivotal step for the protocol.Mantle detailed that the origins…
In the huge field of web-based trading platforms, Al-Giz.com stands out as a particular player that offers a variety of elements and management features to handle the different needs of traders. In this extensive article, we plan to explore the unpredictable subtleties of Al-Giz.com, examine its main credits, exchange choices, support tools and look at the general customer experience.About Al-Giz.com Al-Giz.com is a well-known online trading platform that serves as a gateway to the dynamic financial markets industry. Understanding the starting point and the key driving forces that underpin it is critical to assessing new situations at the border.Platform navigationOne…
December 6th What is Polkadot (DOT)? Posted at 13:22h education Maria Lobusova Polkadot (DOT) has emerged as one of the most innovative projects in the Web3 space, offering a unique approach to scalability, interoperability, and security. Today we’ll take a closer look at the world of Polkadot, its goals, underlying technology, and what’s driving its growing popularity in the cryptocurrency community. Developed as a multi-chain framework, Polkadot is highly capable of connecting various blockchains into a unified network, allowing them to work together seamlessly. This capability not only solves the long-standing problems of blockchain isolation and data silos, but also…
Mortgage interest rates are expected to continue falling in December. Demand for refinancing is on the rise again in the U.S. mortgage market, with applications up 14%. According to a CNBC report, this surge is due to the recent decline in mortgage rates, which fell to their lowest since August. U.S. mortgage rates are approaching the 7% level again after a strong 8% rise last October. This decline has proven to be a catalyst for the refinance market, giving homeowners the opportunity to reexamine their mortgage contracts. US mortgage refinancing demand rises 14% According to the Mortgage Bankers Association (MBA),…
ARK Invest, a key player in the Bitcoin exchange-traded fund (ETF) race, has made another large sale of Coinbase (COIN) stock, marking one of the largest single-day disposals of 2023. On December 5, ARK unloaded 237,572 Coinbase. With Coinbase stock closing at $140 per share, the stock earned more than $33 million across the three funds. This move follows ARK’s strategic selling trend that saw 201,711 COIN shares taken out of the ARK Innovation ETF (ARKK) and additional volume taken out of the ARK Fintech Innovation ETF (ARKF) and ARK Next Generation Internet ETF (ARKW).Coinbase rebounds amid strong cryptocurrency marketCoinbase’s…
Terraform Labs, creator of the failed Terra stablecoin (UST) Luna -7.30% The cryptocurrency asked a New York judge to have a jury decide the token’s regulatory status. On the other hand, the Securities and Exchange Commission argues that this issue should be decided by a judge.SEC be sued Terraform Labs and co-founder Kwon Do claimed in February that he raised billions of dollars from investors “by offering and selling interconnected crypto-asset securities, much of it through unregistered transactions.”David Kornblau, an attorney for Terraform Labs, said in a letter to Jed Rakoff on Monday that a jury must decide “whether the…
The Run A Node Grants Round wanted to reach different users exploring blockchain, learning, community efforts, and research purposes. The aim of this round was to encourage the exploration of a diverse range of ideas for operating nodes beyond running a validator, such as facilitating data queries for research, examining node performance under severe conditions, or enhancing node UX. Applicants had the option to select a Dappnode or provide specs to receive a stipend for a custom build.We received a total of 243 applications. Out of all the applications we evaluated, we selected 35 recipients from 23 different countries to…
OneSolana (SOL)-based altcoin project is soaring after making an important announcement. Decentralized Wireless Network Project Helium (HNT) presentation A new affordable cell phone plan with the network was launched on Tuesday, available within the United States. Called helium Mobile, “Here you are. A nationwide $20/month unlimited phone plan is now available! The average American spends $157 a month on their cell phone plan, but starting today, anyone in the U.S. can sign up for Helium Mobile and say goodbye to those expensive plans.” HNT surged more than 75%, from Tuesday’s low of $2.74 to Wednesday’s high of $4.71. HNT has…