Ether ETFs, DOGE Tesla payments, and Rollblock revenue share dominate headlines

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Several game-changing crypto announcements have been made over the last week. Firstly, the U.S. SEC hinted at the potential release of an Ethereum ETF, which has triggered a massive Ethereum (ETH) rally.  Meanwhile, Tesla launched Dogecoin (DOGE) payments on its website, suggesting that Elon remains bullish about the meme coin. At the same time, Rollblock’s revenue share initiative has caught global attention, and experts are soaring to its presale…

BitGo’s $100M Suit Against Galaxy Digital Can Proceed, Delaware Supreme Court Rules

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…

Consensys Hails Spot Ether ETF Approval, Slams SEC’s ‘Deliberate Regulatory Abuse’

Consensys has lauded the U.S. Securities and Exchange Commission’s approval of 19b-4 filings for spot ether exchange-traded funds as “a step in the right direction.” However, the software firm expressed its disapproval of what it calls the securities regulator’s “deliberate regulatory abuse” in its handling of ethereum. The SEC’s Inconsistent Approach to Digital Assets The […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Northern Data’s Peak Mining Acquires Second 300-Megawatt Site in Texas

According to Peak Mining, a subsidiary of the German bitcoin mining and infrastructure firm Northern Data, the company has announced the purchase of a 300-megawatt ERCOT-approved site in Corpus Christi, Texas. The site is adjacent to another location acquired by the firm in December 2023. Peak Mining Purchases ERCOT-Approved Texas Site Northern Data’s Peak Mining […] Source CryptoX Portal

Montenegro Court Blocks Do Kwon’s Extradition to South Korea

A Montenegro appeals court has reversed an order to extradite Do Kwon, the cryptocurrency entrepreneur behind Terraform Labs, to South Korea. Kwon is wanted for his alleged role in the company’s collapse, which caused a $40 billion loss and impacted global crypto markets. Both South Korea and the U.S. have sought his extradition on fraud […] Source CryptoX Portal

Coinbase Continues to Fight for Crypto Clarity, Challenging SEC Overreach in Court

Cryptocurrency exchange Coinbase has filed a reply memorandum supporting its motion to certify an interlocutory appeal in its lawsuit against the U.S. Securities and Exchange Commission (SEC), which alleges that certain digital asset transactions conducted by Coinbase constitute the sale of unregistered securities. Coinbase’s chief legal officer, Paul Grewal, explained that the crypto exchange’s position […] Source CryptoX Portal

Shiba Inu Kabosu remembered by the community

On May 24, the meme coin symbol, Kabosu, died after a long illness. Kabosu, which symbolizes the Dogecoin (DOGE) token, was 18 years old. In early May, its condition deteriorated sharply. The dog could no longer walk independently and moved with the help of an animal wheelchair. かぼちゃんは今朝、深い眠りにつきました🌈私に撫でられながら眠るようにそっと逝きました。かぼちゃんを愛して下さったみなさん、長い間ありがとうございました。https://t.co/aJyC8wECQP — かぼすママ (@kabosumama) May 24, 2024 Kabosu’s owner, Atsuko Sato, wrote on the Kabochan blog that Kabosu felt normal before its death, eating rice and drinking water. The dog’s farewell will take place on May 26 in Narita, Japan.  “We hope to…

Milei Moneda grabs market spotlight amid XRP, Dogwifhat decline

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Milei Moneda gears up for a rally before its Uniswap launch, while XRP remains bearish and Dogwifhat is expected to decline by 27% next week. Amid bearish pressures on XRP and Dogwifhat (WIF), Milei Moneda (MEDA) shines due to its growing popularity in the ongoing presale. Investors seeking alternatives in the downturn are taking notice. Read on to explore how Milei Moneda has shaken up the crypto space. Ripple’s…

Hong Kong’s crypto exchange HashKey announces support for Solana

The international arm of Hong Kong’s HashKey crypto exchange has added SOL to its basket of supported assets. International crypto exchange HashKey Global, launched by HashKey Group, is expanding its list of supported assets by adding Solana (SOL) in a bid to attract more customers around the globe. In the latest press release, the exchange said it will launch spot trading for the SOL/USDT pair on May 24 at 10:00 (UTC). The latest addition expands the list of supported assets on HashKey like Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE)…

Kabosu: The Iconic Shiba Inu Face of Dogecoin Passes Away

Kabosu, the Shiba Inu dog from Japan, known worldwide as the face of the “Doge” meme and Dogecoin, has passed away. Adopted by Atsuko Sato in 2008, Kabosu’s image became a viral sensation in 2013 when a photo of her was used in the creation of the “Doge” meme. This meme, characterized by phrases in […] Source CryptoX Portal