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Story Highlights Australia’s largest stock exchange could approve spot Bitcoin ETFs by late 2024. Sydney-based BetaShares, DigitalX and VanEck actively pursue Bitcoin ETFs on ASX. ETFs target Australia’s $2.3 trillion pension market for crypto investment inflows. Australia stands on the precipice of a groundbreaking financial evolution as it gears up to embrace a series of…
IN BRIEF The SEC postponed its decision on the Ethereum ETF until June 2024. Justin Sun voices doubt regarding the approval of an Ethereum ETF. The SEC solicits public feedback on proposed modifications to the ETF. The U.S. Securities and Exchange Commission (SEC) has once again delayed its decision on several spot Ethereum ETF applications,…
IN BRIEF The DOJ opposes dismissing charges against the co-founder of Tornado Cash. Developers of Tornado Cash are accused of conspiracy to commit money laundering and operating without a license. Arrests of crypto mixer founders intensify scrutiny over their alleged involvement in criminal facilitation. The Department of Justice (DOJ) has taken a stance against dismissing…
IN BRIEF Paradigm seizes opportunity with proactive transfer of 3,718 ETH amid market surge. Ethereum’s prominence in Paradigm’s portfolio informs strategic maneuvers. ETH’s rally coincides with Paradigm’s trajectory for profit recovery. Paradigm Capital’s recent transfer of 3,718 Ethereum (ETH) to Anchorage Digital marks a significant move for the investment dealer, particularly considering their absence from…
in brief Navigating through turbulent times, the cryptocurrency industry in Russia has encountered numerous challenges since late 2022. Recently, Beribit, a licensed cryptocurrency exchange, has come under fire, facing significant backlash. Adding to the industry’s woes, the Russian Duma is reportedly considering a ban on cryptocurrency exchanges within the country. Russia’s journey has been fraught…
ACINQ’s Phoenix Wallet and zkSNACKs’ Wasabi Wallet have made the strategic decision to cease operations for customers based in the United States. This significant move is a direct response to the recent heightened regulatory scrutiny targeting self-custodial cryptocurrency wallet providers. The regulatory crackdown has raised substantial concerns within both ACINQ and zkSNACKs regarding the classification…
Yuga Labs, the mastermind behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, has disclosed its second company restructuring and subsequent round of layoffs in just over six months. The announcement was delivered by Greg Solano, the company’s CEO and co-founder, who assumed the leadership role in February. Co-Founder Stresses the Need for…
Bobby Kennedy Jr., running as an independent candidate for the presidency, has unveiled a bold proposal: if elected, he aims to revolutionize the transparency of the US budget by putting it on the blockchain. Currently, the US spends a staggering $220,000 per second, yet the intricacies of this spending remain as opaque as asphalt. In…
The landscape of the meme industry has undergone a seismic shift in recent years, experiencing a meteoric rise in adoption that has captured the attention of both enthusiasts and analysts alike. What began as a lighthearted form of online expression has blossomed into a formidable economic force, with its market cap skyrocketing to an astounding…
Overview PayPal leads effort for eco-friendly Bitcoin mining. Their technology is involved in verifying sustainable mining and their token (EWT) might rise in value. PayPal is also working on a framework to track greenhouse gases in the entire cryptocurrency industry. In a recent revelation that has sent shockwaves through the crypto community, the esteemed crypto…