Author: News Room
Fidelity Investments is moving forward with its spot ether ETF proposal despite uncertainty around the near-term approval of such funds. It became clear the financial services giant was looking to launch an ETH ETF in November, when Cboe — the exchange on which the product would trade — filed a 19b-4 form on behalf of Fidelity. Now, the company filed a registration statement — known as a Form S-1 — Wednesday, marking another step in its bid to get the Fidelity Ethereum Fund approved. Read more: Coinbase met with SEC over spot Ethereum ETFs The Securities and Exchange Commission would…
Crypto exchange KuCoin will launch a special $10 million airdrop in Bitcoin and KuCoin tokens for users experiencing withdrawal delays, said Johnny Lyu, CEO of KuCoin, in a recent post on X. This decision came after the exchange was hit by new charges from the US Department of Justice (DOJ) on Tuesday. Thanks for standing by and trusting KuCoin during this time. It means a lot to us. With great gratitude, we’ll launch a special $10M airdrop in $KCS & $BTC to the users who experienced longer-than-expected wait times during the withdrawal process in the past 2 days. Details… —…
Two years ago, Robert Kiyosaki, a popular investor and author of the best-selling personal finance book ‘Rich Dad Poor Dad,’ gave a piece of advice to his followers, telling them to invest in Solana (SOL), among other assets, and buying it at that time would have been very profitable. As it happens, Robert Kiyosaki praised the native token of the open-source decentralized finance (DeFi) platform, positioning it next to the likes of Bitcoin (BTC) and Ethereum (ETH), and telling his followers to stockpile on it in preparation for the possible war, according to an X post on March 29, 2022.…
XRP community divided over SEC’s $2 billion settlement demand. Debate: Revenge-driven or strategic move by SEC’s Gary Gensler. Ripple’s inability to pay shifts the burden to the broader crypto market. In the ongoing saga between Ripple and the SEC, the XRP community finds itself divided over Gary Gensler’s latest move, interpreting it as either a vengeful act or a strategic maneuver. Firstly, some XRP enthusiasts view Gensler’s demand for a $2 billion settlement as a vendetta against Ripple for its legal victories. Despite the SEC’s losses on major arguments, it aims to impose hefty penalties, sparking accusations of revenge rather…
Facebook has come under scrutiny for its alleged involvement in VPN data theft. Tech analyst HaxRob, through his in-depth analysis, brought the issue to light, while tech journalist Naomi Brockwell further commented on it, revealing a complex web of user data interception and manipulation. Facebook’s Alledge Data Theft Via VPN HaxRob’s investigation unveiled that Facebook, leveraging its acquisition of Onavo, engaged in practices that could potentially intercept and analyze user data transmitted across other applications. By integrating root certificates into users’ mobile devices, Facebook purportedly could monitor and intercept traffic from a myriad of apps. The controversy centers around Onavo.…
Nyan Heroes, a Solana-based hero shooter game that just launched its pre-alpha demo on the Epic Games Store on Tuesday, announced a collaboration with G2 Esports on Wednesday to stake its claim in the esports realm and connect with fans. 9 Lives Interactive, the studio behind Nyan Heroes, told Decrypt’s GG that G2 Esports will help support the game through social media promotion and that its players and influencers will play and stream the game via their respective channels. Furthermore, the studio plans to hold show matches between prominent esports team organizations to showcase the game. The pre-alpha game, featuring…
Tel Aviv, Israel, March 27th, 2024, Chainwire COTI, the world’s fastest, lightest, and most secure confidentiality layer on Ethereum, has announced a partnership with Civic, the leading provider of identity management tools for Web3, to ensure full data protection and confidentiality for Civic users. The partnership will see Civic using COTI V2’s confidentiality layer for Dynamic decentralized identity (DID) offering. Shahaf Bar-Geffen, COTI CEO, said: “We’re excited to integrate COTI V2s confidentiality layer into Civic’s platform. Civic is an industry leader in identity management tools for Web3, and COTI will continue to partner with industry leaders. We look forward to…
PEPE supply on exchanges saw a significant drop in just one day, signaling that holders anticipate a rise in value, as an increasing Mean Coin Age suggests a lack of selling pressure and a phase of accumulation. Though EMA lines don’t show a strong bullish trend, they indicate potential consolidation, setting the stage for a possible price surge. Despite a 442.77% increase this year, PEPE price struggles to surpass and maintain above the $0.0000080 threshold. PEPE Supply On Exchanges Triggered An Important Signal Between March 25 and March 26, the PEPE supply on exchanges experienced a significant reduction, dropping from…
According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the […] Read the full article here
A trader is enjoying massive gains after being an early investor in a new memecoin launched on Coinbase’s Ethereum (ETH) layer-2 scaling solution Base. According to blockchain tracking firm Lookonchain, one savvy trader achieved a 308x gain after using three ETH worth $6,991 in January to purchase Degen (DEGEN). “Only invested three ETH ($6,991) on DEGEN, this trader made $2.15 million, a gain of 308x! He spent three ETH ($6,991) to buy 277 million DEGEN on January 8th, then sold 77 million DEGEN for 134 ETH ($370,000), with 100 million DEGEN ($1.79 million) left.” DEGEN, which launched on Base in…