It plans to make Ireland its European headquarters and secure a license as a Crypto Asset Service Provider. Source
Category: ICO
BTC, ETH Consolidate Ahead of Ether ETF Decision
Shares in Nvidia reached a record high during Wednesday’s post-market hours after the company beat analyst estimates to report record revenue of $26.04 billion for the first quarter. The rally might be a positive signal for cryptocurrencies, including tokens supposedly associated with AI technology. This is because, historically, the inflow of money into the crypto market and the so-called AI coins has been partly contingent on outsized gains in NVDA and the tech-heavy Nasdaq index. Top AI coins such as FET, ICP, RNDR and GRT traded mixed, having rallied in…
HAQQ-evmOS Integration Enables Cross-Chain With Cosmos, Ethereum
May 23: HAQQ Network, describing itself as an “ethics-first Web3 DeFi ecosystem with one of the highest daily active user counts on Cosmos,” announced a “key partnership with evmOS, an EVM-compatible tech stack. Integration of evmOS functionality into HAQQ Network enables cross-chain compatibility with the Cosmos and Ethereum networks, providing HAQQ users and developers access to a broader range of DeFi functionalities.” Source
Ether (ETH) Spot ETF Approval Would Raise Expectations That Solana (SOL) Could Also Be Classified a Commodity: Bernstein
“Long term, we do believe, should Trump get elected, crypto could see significant legislative and agency support (with a new SEC chair), to usher in long-lasting structural changes in crypto financial integration,” analysts Gautam Chhugani and Mahika Sapra wrote. Source
Ether's Bull Momentum Is Strongest Since May 2021
Ether’s price has jumped 18% in six days in hopes the U.S. SEC would approve a spot ETH exchange-traded fund (ETF). Source
Ethereum ETF Approval Could Spur 60% Rally as ETH Buying Increases
Holders cumulatively bought over 100,000 ETH in spot markets on Tuesday, the highest daily level since September 2023. Source
BlackRock, Grayscale, Bitwise File Updated 19B Forms in Rush for Ethereum ETF
“Neither the Trust, nor the Sponsor, nor the Ether Custodian […] nor any other person associated with the Trust will, directly or indirectly, engage in action where any portion of the Trust’s ETH becomes subject to the Ethereum proof-of-stake validation or is used to earn additional ETH or generate income or other earnings,” the amended BlackRock filing said. Source
FTX Fraudster Sam Bankman-Fried Being Transferred to New Prison: WSJ
The location of the new prison is undisclosed as of early Thursday, but is thought to be in California, WSJ said. He is likely to be placed in a medium-security prison. Source
PSNI facing a £750k fine following spreadsheet error that exposed the personal information of its entire workforce
Data breach brought tangible fear of threat to life “Perfect storm of risk and harm” highlights human impact of poor data security We use discretion to significantly reduce potential fine to ensure public money is not diverted from where most needed We have announced it intends to fine the Police Service of Northern Ireland (PSNI) £750,000 for failing to protect the personal information of its entire workforce. The proposed fine relates to an incident where personal information – including surname, initials, rank and role of all 9,483 serving PSNI officers…
The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry
The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry Source