Crypto

April 24, 2024

BlackRock, Grayscale have to wait for SEC’s spot ETH ETF decisions

The United States Securities and Exchange Commission (SEC) has announced a delay in its decisions regarding the applications for spot Ether exchange-traded funds (ETFs) submitted by […]

Mt. Gox’s $9B overhang could ‘spook the market,’ pressure Bitcoin: K33

Analysts at K33 Research suggest that the potential return of over $9 billion worth of Mt. Gox-era Bitcoin in the coming weeks could exert negative price […]

Hedera’s HBAR token pumps 96% on misinterpreted BlackRock announcement

A BlackRock money market fund has been tokenized on the Hedera blockchain, leading to a remarkable surge of 96% in the price of the Hedera token […]
April 23, 2024

‘Money-hungry VCs’ are bad for token launches in the long term — Analyst

Profit-seeking venture capitalists (VCs) may have detrimental effects on the long-term sustainability and price trajectory of newly-launched cryptocurrencies.   Despite providing initial liquidity for altcoin launches, […]
April 22, 2024

Hong Kong investment firm Victory Securities reveals Bitcoin and Ether ETF fees

Victory Securities, a Hong Kong-based investment firm, has revealed its proposed fees for Bitcoin and Ethereum exchange-traded funds (ETFs) following the recent approval of cryptocurrency ETF […]

ZKasino users fuming as $33M in promised refunds are instead sent to Lido

Blockchain gambling project ZKasino faces backlash on X after transferring $33 million worth of investor and user funds to staking protocol Lido, deviating from its initial […]
April 19, 2024

SEC says Justin Sun ‘traveled extensively’ to US, giving sway to lawsuit

The United States Securities and Exchange Commission (SEC) has revised its lawsuit against Tron founder Justin Sun, arguing that his extensive travel within the country establishes […]

Ethereum on track for $1B annual profit as DeFi drives Q1 revenue

Blockchain network Ethereum is on track to achieve $1 billion in annualized profits, with a Q1 net income of $365 million, marking a staggering 155% year-on-year […]

Ethereum liquid restaking drove DeFi TVL to $100B in first quarter

Decentralized finance (DeFi) TVL nearly doubled in the first three months of 2024 compared to the previous quarter, driven in part by Ethereum liquid restaking initiatives, […]

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