• Grayscale Withdraws Ether Futures ETF Application Before SEC Decision
    by Jai Pratap on May 8, 2024 at 4:51 am

    Grayscale Investments withdrew its application for an Ether futures exchange-traded fund (ETF) just three weeks before the US SEC was set to rule on several spot ETH ETFs. The post Grayscale Withdraws Ether Futures ETF Application Before SEC Decision appeared first on Cryptonews.

  • FTX Creditors Set for Cash Windfall Beyond 100% of Claims
    by Shalini Nagarajan on May 8, 2024 at 4:43 am

    A new reorganization plan filed Tuesday night proposes that nearly all FTX account holders will be repaid in full for their claims. They may even receive additional cash on top of that amount. The post FTX Creditors Set for Cash Windfall Beyond 100% of Claims appeared first on Cryptonews.

  • Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs
    by Tanzeel Akhtar on May 8, 2024 at 3:36 am

    Crypto market maker Wintermute is providing liquidity and supporting the newly launched Hong Kong spot Bitcoin and Ethereum exchange-traded funds (ETFs). The post Wintermute to Provide Liquidity for Hong Kong-listed Crypto ETFs appeared first on Cryptonews.

  • South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial
    by Tim Alper on May 8, 2024 at 3:00 am

    Four suspected South Korean OTC crypto “thieves” have pleaded guilty to stealing around $735,000 from a crypto buyer in a “bogus” USDT deal. The post South Korean OTC Crypto ‘Thieves’ Admit Guilt in USDT Trial appeared first on Cryptonews.

  • Starknet Foundation Boosts Blockchain Innovation With $5M Grants Program
    by Harvey Hunter on May 8, 2024 at 12:55 am

    The Starknet Foundation announced a new $5 million seed grant program to support emerging projects on the network, boosting blockchain innovation. The post Starknet Foundation Boosts Blockchain Innovation With $5M Grants Program appeared first on Cryptonews.

  • Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW
    by Joel Frank on May 8, 2024 at 12:38 am

    On a mostly bearish day in the cryptocurrency market on Tuesday, Render (RNDR), Kaspa (KAS) and Tron (TRX) are top crypto gainers today and some of the only coins trading in the green over the past 24 hours. The post Top Crypto Gainers Today on DEXScreener – WALLETAI, BOBO, MEW appeared first on Cryptonews.

  • Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC
    by Hassan Shittu on May 8, 2024 at 12:24 am

    Expressing his discontent, Tenev characterized the SEC’s regulatory actions as part of a broader “regulatory onslaught” that, in his view, stifles innovation and handicaps American firms and investors. The post Robinhood CEO Criticizes ‘Regulatory Onslaught’ on Crypto US, Pledges to Challenge SEC appeared first on Cryptonews.

  • Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs
    by Andrew Throuvalas on May 8, 2024 at 12:05 am

    A new SEC filing has uncovered Susquehanna as a billion-dollar owner of the new Bitcoin ETFs. The post Asset Manager Susquehanna Has $1.8 Billion Locked In Bitcoin ETFs appeared first on Cryptonews.

  • Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns
    by Hassan Shittu on May 7, 2024 at 11:55 pm

    Gensler emphasized that while crypto represents a small portion of the financial markets, it disproportionally contributes to issues such as scams and frauds, attracting significant media attention. The post Gary Gensler Attributes SEC’s Focus on Crypto to Financial Media and Fraud Concerns appeared first on Cryptonews.

  • Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer
    by Jimmy Aki on May 7, 2024 at 11:46 pm

    The famous hacker from Poloniex who caused the Bitcoin exchange’s security breach the previous year is again on the loose. In an attempt to launder the stolen money, the burglar transferred 1,100 Ethereum (ETH), worth $3.4 million, to the authorised cryptocurrency mixer Tornado Cash on May 7. The post Poloniex Hacker Reportedly Funnels $3.4 Million through Tornado Cash Mixer appeared first on Cryptonews.

  • Worldcoin Hopes to Resolve ‘Differences’ with Argentinian Authorities
    by Tim Alper on May 7, 2024 at 11:30 pm

    Worldcoin officials want to smooth out their “differences” with Argentina regulators, with Tools for Humanity CEO Alex Blania visiting President Javier Milei’s advisors this week. The post Worldcoin Hopes to Resolve ‘Differences’ with Argentinian Authorities appeared first on Cryptonews.

  • Solana Price Prediction as Traders Predict 40% Surge Coming Soon – Here’s What You Need to Know
    by Joel Frank on May 7, 2024 at 11:07 pm

    The Solana (SOL) price is pulling lower on Tuesday, dipping back to $150 having pushed nearly as high as $160 earlier in the day, though traders continue to predict big near-term upside for the token. The post Solana Price Prediction as Traders Predict 40% Surge Coming Soon – Here’s What You Need to Know appeared first on Cryptonews.

  • State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds
    by Jimmy Aki on May 7, 2024 at 10:02 pm

    On May 6, the state-owned German bank KfW declared that it would issue its first digital bonds based on blockchain technology. This action represents a significant advancement in Germany’s traditional banking institutions’ adoption of blockchain technology. The post State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds appeared first on Cryptonews.

  • Crypto Is A Key Issue For 1 in 5 Voters In The 2024 US Elections, Digital Currency Group Says
    by Julia Smith on May 7, 2024 at 8:44 pm

    One in five voters in key battleground states believe digital assets are a key issue in the upcoming 2024 elections, data released Tuesday by the Digital Currency Group (DCG) reveals. The survey results come amidst the increasingly tense presidential race between Joe Biden and Donald Trump, with polls split nearly 50/50. The post Crypto Is A Key Issue For 1 in 5 Voters In The 2024 US Elections, Digital Currency Group Says appeared first on […]

  • Crypto Experts Bulk Up on New Web3 Utility Coin – Next Big Bitcoin Challenger?
    by Joel Frank on May 7, 2024 at 8:29 pm

    Crypto experts are bulking up on what could be crypto’s best new web3 utility coin ICO Mega Dice (DICE), a fast-growing crypto casino platform that combines aspects of GambleFi, GameFi, is a passive income gem, and has one of web3’s most exciting airdrops. The post Crypto Experts Bulk Up on New Web3 Utility Coin – Next Big Bitcoin Challenger? appeared first on Cryptonews.

  • Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena
    by Joel Frank on May 7, 2024 at 8:25 pm

    As the Bitcoin (BTC) price consolidates just to the north of $63,000, investors are weighing up whether it could be the best crypto to buy now. The post Best Crypto to Buy Now May 7 – Bitcoin, AIOZ Network, Ethena appeared first on Cryptonews.

  • Colombia’s Bancolombia Launches Crypto Exchange Wenia and Stablecoin COPW
    by Thomas Musgrave on May 7, 2024 at 7:24 pm

    Wenia, a new crypto exchange by Colombia’s Bancolombia bank, launches with the COPW stablecoin, pegged to the Colombian peso. The platform allows trading in various cryptocurrencies, including Bitcoin, Ether, and Polygon. This development aligns with Colombia’s rising prominence in Latin America’s crypto adoption landscape. The post Colombia’s Bancolombia Launches Crypto Exchange Wenia and Stablecoin […]

  • Grayscale’s Bitcoin ETF Sees Small Inflows Following $17.4B Loss
    by Thomas Musgrave on May 7, 2024 at 5:53 pm

    After months of outflows, Grayscale’s Bitcoin ETF is experiencing a positive shift, with inflows totaling $66.9 million over the past two days. This turnaround follows a period of major decline, during which the fund saw an average daily outflow of $217 million. Other Bitcoin ETFs, such as those from BlackRock and Fidelity, continue to attract substantial investments, demonstrating the […]

  • As ‘AQUACAT’ reignites Solana Meme Markets, Dogeverse Readies for Exchange Debut with $13M Raised
    by Sam Cooling on May 7, 2024 at 4:29 pm

    In the latest Solana meme coin pump, the new cat-themed coin ‘Aqua Cat on SOL’ (AQUACAT) has seen its price skyrocket by 33,895% overnight, as traders around the world try to get a piece of the pie. This article will provide an analysis of AQUACAT’s current price trends and look to see whether a soon-to-launch The post As ‘AQUACAT’ reignites Solana Meme Markets, Dogeverse Readies for Exchange Debut with $13M Raised appeared first on […]

  • Worldcoin Price Rises on May 9 New ChatGPT Rumors and Traders Focus on AI Meme Coin for Gains
    by Tim Hakki on May 7, 2024 at 3:37 pm

    Worldcoin ($WLD), the biometric crypto project helmed by OpenAI CEO Sam Altman, has shot up a blistering 37% in the last seven to trade at $6.17 as of this writing. A rumor that ChatGPT, OpenAI’s main offering, is launching a search engine next week spurred much of  Worldcoin’s rally over the last few days. The The post Worldcoin Price Rises on May 9 New ChatGPT Rumors and Traders Focus on AI Meme Coin for Gains appeared first on […]

  • Yes, The Constitution Does Matter… A Lot
    by Tyler Durden on May 8, 2024 at 3:40 am

    Yes, The Constitution Does Matter… A Lot Authored by Rob Natelson via The Epoch Times (emphasis ours), Most of my columns for this newspaper relate to the Constitution. A common reaction among some readers—both in the online “comments” section and in direct correspondence—is that I’m wasting my time because the Constitution doesn’t matter any more. It’s irrelevant. I have spent most of the past 30 years working in […]

  • These Are The Countries With The Most Students Studying Abroad
    by Tyler Durden on May 8, 2024 at 3:20 am

    These Are The Countries With The Most Students Studying Abroad The world’s two most populous nations, China and India, have the highest numbers of students studying overseas. Statista’s Anna Fleck reports that, according to data published by UNESCO, more than one million Chinese students were studying abroad in 2021. India’s total was close to half of this, with around 508,000 students living in other countries. Following […]

  • Wisconsin Voter Roll Transparency Challenged By Public Interest Legal Foundation
    by Tyler Durden on May 8, 2024 at 3:00 am

    Wisconsin Voter Roll Transparency Challenged By Public Interest Legal Foundation Authored by Steven Kovac via The Epoch Times (emphasis ours), Public access to Wisconsin’s state voter roll is too restricted and too expensive, according to the Public Interest Legal Foundation (PILF), a national election integrity watchdog organization. Residents cast their ballots during in-person absentee voting at City Hall in Green Bay, […]

  • India Leads Global Inbound Remittances
    by Tyler Durden on May 8, 2024 at 2:40 am

    India Leads Global Inbound Remittances India received by far the highest international remittances of any country worldwide in 2022, according to World Bank data published in the International Organization for Migration’s (IOM) 2024 World Migration Report on Tuesday. International remittances are defined as money sent from workers living abroad to their home countries.  Additionally, as Statista’s Anna Fleck reports, it is […]

  • China Remains World’s Biggest Jailer Of Journalists: World Press Freedom Index 2024
    by Tyler Durden on May 8, 2024 at 2:20 am

    China Remains World’s Biggest Jailer Of Journalists: World Press Freedom Index 2024 Authored by Alex Wu via The Epoch Times (emphasis ours), A policeman covers a camera to stop journalists from recording footage outside the Shanghai Pudong New District People’s Court, where Chinese citizen journalist Zhang Zhan is set for trial in Shanghai on Dec. 28, 2020. (Leo Ramirez/AFP via Getty Images) As May 3 marked World Press Freedom Day, […]

  • MQ-9 Reaper Drone, At $30 Million A Pop, Top’s Zelensky’s Wish List
    by Tyler Durden on May 8, 2024 at 2:00 am

    MQ-9 Reaper Drone, At $30 Million A Pop, Top’s Zelensky’s Wish List Because it’s never enough… Ukraine is now eyeing the US-made MQ-9 Reaper even while Kiev awaits F-16 deliveries from the West. It is the latest long-range weapon system being sought by the Zelensky government. Politico has reported that the $30 million drone has moved to the top of Kiev’s arms shopping ‘wish list’. Picture alliance/dpa “Ukraine is […]

  • Trudeau Government Offers Free Access To National Parks For Migrants Only
    by Tyler Durden on May 8, 2024 at 1:40 am

    Trudeau Government Offers Free Access To National Parks For Migrants Only Via The Post Millennial, Parks Canada has decided to offer a real break in 2024 for people looking to enjoy some of Canada’s glorious outdoors and backwoods. But only people who are newcomers and new Canadian citizens. In a Parks Canada post, the federal government agency announced that there will be “Free admission for newcomers to Canada and new […]

  • Romney Cites Anti-Israel Posts As Latest Reason To Ban TikTok
    by Tyler Durden on May 8, 2024 at 1:20 am

    Romney Cites Anti-Israel Posts As Latest Reason To Ban TikTok Authored by Dave DeCamp via AntiWar.com, In a conversation with Secretary of State Antony Blinken, Sen. Mitt Romney (R-UT) acknowledged that banning TikTok has such strong support in Congress because the social media platform has hurt Israel’s public relations battle. “Some wonder why there was such overwhelming support for us to shut down, potentially, TikTok or […]

  • Bad-Loans Hit Record-High As Used-Car Prices Suffer Worst Bear-Market Ever
    by Tyler Durden on May 8, 2024 at 12:40 am

    Bad-Loans Hit Record-High As Used-Car Prices Suffer Worst Bear-Market Ever A bear market in the used car market was confirmed in November and has since worsened through April. At the same time, negative equity values are hitting new record highs while auto insurance rates have soared the most since the mid-1970s. While gas prices at the pump are elevated, the environment to operate a vehicle is probably one of the worst […]

  • China’s 2022 Military Spending Reaches $710 Billion, Over Triple What Beijing Announced
    by Tyler Durden on May 8, 2024 at 12:20 am

    China’s 2022 Military Spending Reaches $710 Billion, Over Triple What Beijing Announced By Frank Fang of Epoch Times China’s communist regime spent $710.6 billion on its military in 2022, more than three times Beijing’s publicly stated totals, according to a report from the Washington-based American Enterprise Institute (AEI). “Considering that the Pentagon has labeled China the ‘pacing challenge,’ this revelation […]

  • Russian Fuel Cargos Pile Up at Sea as South Korean Buyers Grow Cautious
    by Tyler Durden on May 8, 2024 at 12:00 am

    Russian Fuel Cargos Pile Up at Sea as South Korean Buyers Grow Cautious By Charles Kennedy of OilPrice.com Russian oil product cargos are piling up at sea as their South Korean buyers grow reluctant to go through with their deals amid a government crackdown on sanction evasion, Bloomberg has reported, citing unnamed sources. According to Kpler data, there are over 2 million barrels of Russian naphtha sitting off the coast of […]

  • The Marine Corps That Should Have Been
    by Tyler Durden on May 7, 2024 at 11:40 pm

    The Marine Corps That Should Have Been Authored by Gary Anderson via RealClearPolitics, Say what one wants about the Israeli incursion into Gaza, but not a single rocket or missile has been fired from what is left of it since the start of fighting. Compare this with the relative ineffectiveness of American efforts stop Yemen’s Houthis from slinging missiles at shipping in the Red Sea. The difference is simply geography. The […]

  • FBI File On Jeff Bezos’ Grandfather, A DARPA Co-Founder, Has Been Destroyed
    by Tyler Durden on May 7, 2024 at 11:20 pm

    FBI File On Jeff Bezos’ Grandfather, A DARPA Co-Founder, Has Been Destroyed What’s not widely known is that Amazon founder Jeff Bezos’ grandfather, Lawrence Preston Gise, helped form the Pentagon’s supersecret Advanced Research Projects Agency (ARPA—renamed DARPA) in 1958. Years later, DARPA developed the internet and spurred breakthroughs in high-speed networking, voice recognition, and internet search.  One year […]

  • Rural Western North Carolina Community Protests ‘Covert’ Plans For EV Battery Plant
    by Tyler Durden on May 7, 2024 at 11:00 pm

    Rural Western North Carolina Community Protests ‘Covert’ Plans For EV Battery Plant Authored by Matt McGregor via The Epoch Times (emphasis ours), A group of residents in western North Carolina are protesting their county board’s lack of transparency over furtive moves to welcome an electric vehicle (EV) battery manufacturing the residents believe would pollute their waters and ruin their scenic countryside. A view of the […]

  • Stan Druckenmiller Gives Bidenomics An “F”  
    by Tyler Durden on May 7, 2024 at 10:40 pm

    Stan Druckenmiller Gives Bidenomics An “F”   Billionaire investor and Duquesne Family Office Chairman & CEO Stan Druckenmiller slammed Bidenomics and warned the Federal Reserve and federal government “misdiagnosed Covid and thought it was — we were going into a depression.” Druckenmiller has been irritated by the massive fiscal spending by the federal government, which we outlined last year as a “stealth stimulus” […]

  • Trojan Tomato: A New GMO Is Designed To Infiltrate America’s Gardens
    by Tyler Durden on May 7, 2024 at 10:20 pm

    Trojan Tomato: A New GMO Is Designed To Infiltrate America’s Gardens Authored by Sina McCullough via The Epoch Times (emphasis ours), As spring gardening approaches, a new contender has entered the fray—the genetically modified (GM) Purple Tomato. Unlike its GM predecessors, the GM Purple Tomato is not destined solely for the fields of commercial agriculture—it has made its debut in the backyards of home gardeners across the […]

  • F-22 Stealth Fighter Suffers “Mishap” At Savannah Airport 
    by Tyler Durden on May 7, 2024 at 10:00 pm

    F-22 Stealth Fighter Suffers “Mishap” At Savannah Airport  Isn’t it remarkable that while the military-industrial complex, neoconservative warmongers, and radical leftists in the White House seem to push for further conflict in Eastern Europe without even a hint of suggesting peace negotiations with Russia, some of America’s most advanced military jets are unfit for combat? The latest example comes from Savannah/Hilton Head […]

  • Trump Is A Rorschach Test For The Body Politic
    by Tyler Durden on May 7, 2024 at 9:40 pm

    Trump Is A Rorschach Test For The Body Politic Authored by Frank Miele via RealClearPolitics, It is no secret that Donald Trump is a hot wire that either fires up the imagination of voters or fries the brain. For those of us who experience Trump as a Promethean bringer of enlightening fire to the dark barren fields of modern politics, it is hard to fathom the reaction of those who are terrified of him. We just say they have […]

  • Trump Classified Document Trial Postponed Indefinitely Days After ‘Mishandled Evidence’ Bombshell
    by Tyler Durden on May 7, 2024 at 9:20 pm

    Trump Classified Document Trial Postponed Indefinitely Days After ‘Mishandled Evidence’ Bombshell One day after postponing a filing deadline in Donald Trump’s classified documents case, Judge Aileen M. Cannon has postponed the whole thing indefinitely. In a Tuesday decision, Cannon vacated (canceled) Trump’s May 20 trial date, and wrote that setting a new date given the enormous stack of pre-trial matters would be “imprudent.” […]

  • 7 Numbers That Clearly Reveal The Direction That America Has Chosen
    by Tyler Durden on May 7, 2024 at 9:00 pm

    7 Numbers That Clearly Reveal The Direction That America Has Chosen Authored by Michael Snyder via TheMostImportantNews.com, Over the past several decades, America’s culture has been transformed at a pace that is absolutely breathtaking.  When I was growing up, I was convinced that I believed in a shared set of national values that most other Americans also embraced.  But in our day and age those values have been discarded and […]

  • WTI Dips After API Reports Across-The-Board Inventory Builds
    by Tyler Durden on May 7, 2024 at 8:43 pm

    WTI Dips After API Reports Across-The-Board Inventory Builds Oil prices ended the day flat today (after touching the lowest level in almost two months on news reports said Russian Deputy Prime Minister Alexander Novak indicated OPEC+ could move to raise crude production). Novak told Russia’s Interfax news agency that the possibility of increasing oil production within the OPEC+ framework was still being analyzed. “It always […]

  • Withdrawing From The Rat-Race Is Going Global
    by Tyler Durden on May 7, 2024 at 8:20 pm

    Withdrawing From The Rat-Race Is Going Global Authored by Charles Hugh Smith via OfTwoMinds blog, Mere mortals are left in a hopeless situation. In response, they’re withdrawing from the competition en masse. The world has changed over the past two generations in ways that don’t fit the heavily promoted narratives of “growth” and “progress.” The “growth” and “progress” narratives hold that everything is getting better in every […]

  • ‘Clothes Off, Bra On, Missionary Position’: Stormy Goes Into Specifics During Trump Trial Testimony
    by Tyler Durden on May 7, 2024 at 8:07 pm

    ‘Clothes Off, Bra On, Missionary Position’: Stormy Goes Into Specifics During Trump Trial Testimony Update (1400ET): Daniels went into further detail about her alleged encounter with Trump, testifying that at one point she went to the bathroom in a hotel room and emerged to find Trump waiting for her in his underwear. “He was just up on the bed like this,” she said, pulling her leg up to her waist on the witness stand. She […]

  • Kashkari & Consumer Credit Curtail Stock & Bond Gains
    by Tyler Durden on May 7, 2024 at 8:00 pm

    Kashkari & Consumer Credit Curtail Stock & Bond Gains Another quiet macro day (although an ugly picture was painted late on by the unexpectedly weak revolving credit increase – potentially signaling a US consumer who really has hit their limit). Some FedSpeak wiped a little lipstick off the early pig’s squeeze higher as Kashkari seemed to offer both sides some hope (but it spoiled the fun with the ‘we could hike’ line): […]

  • Pfizer Stock Hit After Boy Dies Of Cardiac Arrest During Gene Therapy Trial
    by Tyler Durden on May 7, 2024 at 7:41 pm

    Pfizer Stock Hit After Boy Dies Of Cardiac Arrest During Gene Therapy Trial Stock in Pfizer dropped on Tuesday after a young boy receiving experimental gene therapy for Duchenne muscular dystrophy died during the trial. According to STAT News, Pfizer has yet to determine exactly what happened or how the boy died Pfizer has confirmed that the boy suffered cardiac arrest, and is pausing crossing over patients in its randomized […]

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  • NYSE Arca withdraws Grayscale’s futures ETH ETF 19-b4 filing
    by Mike Dalton on May 8, 2024 at 12:33 am

    The US SEC reported a critical Grayscale withdrawal on May 7 that could have broad implications for spot Ethereum ETFs. Specifically, NYSE Arca withdrew a 19-b4 filing containing a proposed rule change through which it intended to list and trade shares of Grayscale’s Ethereum Futures Trust ETF. NYSE Arca withdrew the proposal on May 3, The post NYSE Arca withdraws Grayscale’s futures ETH ETF 19-b4 filing appeared first on CryptoSlate.

  • Emmer slams Gensler for ‘inconsistency, incompetence’ over SAB 121
    by Assad Jafri on May 7, 2024 at 11:04 pm

    House Republicans are gearing up to challenge the SEC’s controversial rule regarding digital asset custody, labeling it as an overreach of the agency’s authority. During a press conference on May 7, Representative Tom Emmer, a prominent Republican lawmaker, criticized SEC Chairman Gary Gensler’s tenure, calling it marked by “regulatory hypocrisy, inconsistency, and incompetence.” The issue The post Emmer slams Gensler for […]

  • Susquehanna discloses $1.3 billion in spot Bitcoin ETF investments
    by Mike Dalton on May 7, 2024 at 9:55 pm

    Susquehanna International Group disclosed $1.3 billion of investments in spot Bitcoin ETFs in a May 7 13F filing. The company reported holding 17.3 million shares of Grayscale’s GBTC across three separate investments for a combined investment of $1.1 billion. Susquehanna additionally purchased 1.3 million shares of Fidelity’s FBTC worth $83.7 million, 583,049 shares of BlackRock’s The post Susquehanna discloses $1.3 billion in spot […]

  • Vitalk Buterin drafts EIP-7702 to enhance externally owned accounts
    by Mike Dalton on May 7, 2024 at 9:12 pm

    In a recent proposal, prominent Ethereum developers, including Vitalik Buterin, Sam Wilson, Ansgar Dietrichs, and Matt Garnett, suggested a new transaction type to enhance Externally Owned Accounts (EOAs). The proposal, currently in draft status, outlines the creation of a new transaction type that temporarily converts EOAs into smart contract wallets during transaction execution, offering functionalities The post Vitalk Buterin drafts EIP-7702 […]

  • US voters in swing states more likely to vote for crypto-friendly politicians – survey
    by Assad Jafri on May 7, 2024 at 7:13 pm

    A majority of registered voters in key US swing states have voiced dissatisfaction with the current financial system while also showing a significant interest in crypto, according to a comprehensive new survey published by the Blockchain Association on May 7. The study, conducted by Harris Poll, surveyed over 1,200 registered voters across Michigan, Nevada, Ohio, The post US voters in swing states more likely to vote for crypto-friendly […]

  • Coinbase legal chief challenges SEC chair Gensler’s claim that most crypto tokens are securities
    by Oluwapelumi Adejumo on May 7, 2024 at 6:13 pm

    Coinbase chief legal officer Paul Grewal called on US SEC Chair Gary Gensler to stop misleading the market about the legal status of cryptocurrencies in a May 7 social media post. Grewal made the statement in response to Gensler’s recent CNBC interview with Andrew Sorkin, where he asserted that numerous digital assets fall under the The post Coinbase legal chief challenges SEC chair Gensler’s claim that most crypto tokens are securities […]

  • Polkadot developer proposes inflation upgrade to enhance transparency
    by Oluwapelumi Adejumo on May 7, 2024 at 4:33 pm

    Polkadot developer Kian Paimani has proposed a flexible inflation upgrade for the network to address the issues tied to the blockchain’s inflation logic. According to the proposal’s GitHub document, the Polkadot relay chain’s current state presents various challenges, including high inflation rates. These stem from outdated infrastructure and parachain slots’ ineffective influence on inflation. Additionally, The post Polkadot developer […]

  • Bitcoin’s April plunge leads to $2.92 billion in spot outflows
    by James Van Straten on May 7, 2024 at 3:03 pm

    Quick Take Bitcoin faced massive selling pressure in April 2024, recording its most significant monthly decline of 15% since November 2022, when it dropped over 16%. CryptoSlate previously analyzed the factors contributing to the dip, finding that the conclusion of the US tax season, compounded by various economic factors, prompted the sell-off. However, Bitcoin rebounded The post Bitcoin’s April plunge leads to $2.92 billion in spot outflows […]

  • US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive
    by Oluwapelumi Adejumo on May 7, 2024 at 1:32 pm

    CoinShares’ latest weekly report revealed that crypto-related investment products saw their fourth consecutive week of negative flows, dominated by the “measurable outflows from the newly issued ETFs in the US.” According to the report, the market saw an outflow totaling $251 million, with the Newborn Nine spot Bitcoin ETFs accounting for over 60%, or $156 The post US Bitcoin ETFs see record outflows as Hong Kong counterparts thrive […]

  • As Marathon Digital joins S&P SmallCap 600, shares surge 18%
    by James Van Straten on May 7, 2024 at 12:15 pm

    Quick Take Marathon Digital Holdings Inc. (MARA), the largest Bitcoin mining company in terms of market cap, is set to join the S&P SmallCap 600 index, effective before the opening of trading on May 8. The news, announced on May 3, sent Marathon’s share price soaring 18% on May 6. Marathon will replace Aaon Inc. The post As Marathon Digital joins S&P SmallCap 600, shares surge 18% appeared first on CryptoSlate.