Uniswap has responded to the SEC’s Wells notice with a 43-page submission, arguing against potential enforcement actions. The company asserts that it doesn’t fit the mold of a traditional exchange and points out that the SEC lacks jurisdiction over assets like bitcoin, ether, and stablecoins, which are the primary assets traded on its platform. According … Read more
Over the last 24 hours, the Ethereum-based memecoin Pepe (PEPE) surged by 27%, reaching a new all-time high. This surge is attributed to speculation surrounding the potential approval of spot Ether (ETH) exchange-traded funds (ETFs) in the United States. Crypto trader Matthew Hyland highlighted PEPE as a promising memecoin play for the ETH ETF, while … Read more
Former President Donald Trump, currently facing criminal charges in multiple jurisdictions, has announced that his 2024 presidential campaign will accept cryptocurrency donations. The campaign launched a fundraising page on May 21, allowing supporters to donate in various cryptocurrencies through Coinbase Commerce. This move comes amidst criticism of cryptocurrency by figures like Senator Elizabeth Warren, whom … Read more
VanEck’s proposed spot Ethereum ETF, with the ticker $ETHV, has been listed on the Depository Trust and Clearing Corporation’s (DTCC) new securities list, following the release of amended 19b-4 forms by Cboe. Despite this important milestone, approval from the US Securities and Exchange Commission (SEC) is still pending and not guaranteed. VanEck’s application for a … Read more
Fourteen years ago today, Laszlo Hanyecz made history by purchasing a pizza for 10,000 Bitcoin, marking the inaugural commercial transaction with the cryptocurrency. The Florida programmer, then 28 years old, placed the order on a Bitcoin Talk Forum on May 22, 2010. In his post, he expressed a desire for a hassle-free pizza delivery, likening … Read more
The cryptocurrency industry is eagerly awaiting May 23, when the US Securities and Exchange Commission (SEC) is scheduled to announce its decision on VanEck’s spot ETH exchange-traded fund (ETF) application, followed by ARK 21Shares’ decision on May 24. Apart from VanEck, six other companies, including Ark Investment, Grayscale, Franklin Templeton, Invesco Galaxy, and BlackRock, have … Read more
Yuga Labs, the creative force behind the immensely popular Bored Ape Yacht Club NFTs, is stepping away from its association with Cryptopunks, another notable NFT collection highly regarded in the crypto community. Having acquired Cryptopunks in 2022 with the aim of upholding its legacy, the collection swiftly emerged as one of the most iconic and … Read more
Telegram’s extensive user base is proving to be fertile ground for cryptocurrency adoption, with viral games like Notcoin gaining immense popularity. Notcoin amassed over 30 million users on Telegram and established TON-based cryptocurrency wallets in under two months. The “idle game” allows users to earn NOT tokens by tapping their screens, leading to 3% of … Read more
Lilian Nurieva, previously serving as the Head of Networks at the Russian cryptocurrency investment fund Finiko, has been handed a three-year sentence for her involvement in defrauding private investors and her participation in an organized criminal group. The scheme, totaling $55 million, is classified as the second-largest financial scam in Russia’s post-Soviet history, as determined … Read more
Democratic Party members of the United States House of Representatives have received an email urging them not to vote against two upcoming pro-crypto bills, although they are strongly encouraged to do so. The email, sent by Democrat Party leaders and obtained by Politico, revealed that there was no directive for members to vote against the … Read more