White House Rejects FIT 21’s Current Form, Seeks Collaborative Regulation
In a recent turn of events, the White House has officially expressed its opposition to the passage of the Financial Innovation and Technology for the 21st Century Act (FIT 21) in its current form. Despite this, the administration has conveyed a clear…
Ethereum Future ETFs Soar to New Heights Amid Optimism
Ethereum, the second-largest cryptocurrency by market capitalization, has been making waves in the financial world. Recently, Ethereum future exchange-traded funds (ETFs) achieved a remarkable milestone, raking in a staggering $47.75 million in…
WisdomTree’s Bitcoin and Ethereum ETPs Get LSE Approval
WisdomTree, a leader in exchange-traded products (ETPs), has gained approval from the Financial Conduct Authority (FCA) to list its WisdomTree Physical Bitcoin (BTCW) and WisdomTree Physical Ethereum (ETHW) ETPs on the London Stock Exchange (LSE). The…
Uniswap Responds to SEC Wells Notice: A Battle for DeFi
Uniswap Labs, the team behind the popular decentralized exchange protocol Uniswap, recently found themselves in the crosshairs of the U.S. Securities and Exchange Commission (SEC). The SEC issued a Wells notice, indicating their intent to recommend legal…
Tim Draper Backs Bitcoin Lending Protocol Zest in $3.5 Million Seed Funding
Draper Associates, the venture capital firm established by renowned investor Tim Draper, has led a $3.5 million seed funding round for Zest Protocol. This innovative protocol operates on the Stacks blockchain, which is designed to bring smart contracts…
Hacker gives back phishing victim’s crypto valued at $71 million
This was nearly the case for a crypto whale who, on May 3, 2024, fell victim to a sophisticated phishing attack, resulting in the loss of 1,155 Wrapped Bitcoin (WBTC), valued at a staggering $71 million. The incident serves as a stark reminder of the…
Franklin Templeton acknowledges Base Network in Success with Friend.Tech
Franklin Templeton, a powerhouse asset manager overseeing trillions in assets, has recently turned its attention to the burgeoning field of Social Finance (SocialFi). In a groundbreaking report, Franklin Templeton highlights Base, an Ethereum…
Ethereum Co-Founder Joe Lubin Criticizes SEC for Spreading ‘FUD’
Recently, Ethereum co-founder Joe Lubin voiced his concerns over the U.S. Securities and Exchange Commission’s (SEC) approach towards the crypto industry, which he believes is designed to instill “fear, uncertainty, and doubt” (FUD).…
Floki Inu to be Title Sponsor for Ireland v Pakistan T20I Series
In a groundbreaking move, the cryptocurrency ecosystem Floki Inu has been announced as the title sponsor for the upcoming “Ireland v Pakistan T20I Series”. This three-match cricket series promises to be a thrilling contest between two…
Standard Chartered: Digital Assets May Benefit from a Trump Victory
Standard Chartered, a global banking institution, has reiterated its stance on digital assets in light of the U.S. presidential elections. The bank suggests that a Trump victory could have implications for the crypto market, particularly…