As Bitcoin continues its meteoric rise, all eyes are now on Ethereum and the potential for multiple Ethereum ETFs to hit the market. Will the SEC give the green light? Let’s delve deeper into this exciting development.
Bitcoin
Is Bitcoin on the brink of a major breakthrough? According to analysts at Bernstein, the world’s leading cryptocurrency is showing promising signs for a bullish year ahead. After a strong start, could Bitcoin be gearing up for even greater gains?
Ethereum
Alex Thorn, the mastermind behind Galaxy Digital’s groundbreaking research, has made a bold statement. According to him, the possibility of a spot Ethereum ETF launching in May is looking slim.
It seems the SEC has thrown a wrench in the plans with their pesky subpoenas and lack of cooperation. As if that wasn’t enough, the Ethereum Foundation, the very heart of the Ethereum universe, is now under the scrutiny of an unknown state authority.
The SEC has just announced that it is pushing back its decision on the spot Ethereum applications from Hashdex and Ark 21Shares to May. And that’s not all – Fidelity, one of the leading money management companies, has also submitted an updated spot Ethereum ETF application to the SEC, now including staking.
Business
FTX, once a thriving cryptocurrency exchange, has now fallen from grace and is facing a hefty $3-5 billion claim from the US government. But amidst the chaos, 3AC co-founder Kyle Davies stands firm and unapologetic, choosing to look towards the future rather than dwell on the downfall of his company.
NFT
Exciting news from Binance’s visionary founder, Changpeng Zhao! Get ready to giggle your way to knowledge with his groundbreaking project, Giggle Academy. This innovative educational platform is set to revolutionize the world of NFTs.
Web3
Groundbreaking partnership between Immutable, Polygon Labs, and King River Team has been done. Together, they have joined forces to create the Inevitable Games Fund (IGF), a massive $100 million Web3 gaming fund.
Security
A cunning white-hat hacker set their sights on the Super Sushi Samurai crypto game, seeking to exploit its vulnerabilities and make off with a jaw-dropping $4.6 million on the Blast network. This brazen attack has shed light on the persistent security challenges plaguing the crypto ecosystem.
Meanwhile, a crafty hacker took advantage of weaknesses in Dolomite’s smart contracts, making off with a staggering $1.8 million in USDC and leaving the exchange scrambling to implement damage control measures.
And in a shocking turn of events, the Dutch authorities have charged Tornado Cash’s founder, Alexey Pertsev, with allegedly laundering a whopping $1.2 billion in cryptocurrency.
Exclusive: Crypto market slumps 8% as Bitcoin ETF outflows exceed $836m, in March End!
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Buy as many Bitcoins as you can,” says the author of Rich Dad, Poor Dad
Regulation
Estonia Takes a Stand: Tightening Regulations on Cryptocurrency Service Providers to Align with EU Standards
OKX Crypto Exchange Drops Tether’s USDT Stablecoin for European Users Ahead of EU’s MiCA Regulations
Justice Served: US District Court Slaps Sanctions on SEC for Misusing Authority and Acting Maliciously in Debt Box Lawsuit