The total net inflow for spot Bitcoin ETFs on May 22 was $154 million, continuing an eight-day streak of positive inflows. Meanwhile, the Grayscale Bitcoin Trust (GBTC) ETF experienced an outflow of $16.0914 million. BlackRock’s iShares Bitcoin Trust (IBIT) had a single-day inflow of $91.9527 million, and Fidelity’s FBTC ETF saw an inflow of $74.572…
PRESS RELEASE. May 23rd, 2024. In an exciting development within the cryptocurrency market, Solana’s newest meme coin, $Thot, is rapidly gaining attention from investors worldwide. In just under a week, this meme coin has attracted over $100,000, marking its place in the competitive landscape of meme-based cryptocurrencies. $Thot, affectionately known as Thotiana, is leading a…
Industries worldwide are rapidly advancing towards implementing new revolutionary technologies such as blockchain and artificial intelligence (AI) to transform processes of operation. However, the world of scientific publishing has been stuck in the past, trapped by traditional systems that impose high fees for users, biased review processes, and more restricted access to the entire peer…
Alchemy Pay, a Singapore-based payment gateway connecting crypto with traditional fiat currencies, has announced a partnership with Metis, an Ethereum Layer 2 Rollup platform. The collaboration aims to provide seamless fiat-crypto on and off-ramp support for developers within the Metis ecosystem. TLDR Alchemy Pay partners with Metis to provide fiat-crypto on and off-ramp support Metis…
In a significant development for the cryptocurrency market, asset management firms BlackRock, Bitwise, and Grayscale have submitted amended 19b-4 filings to the Securities and Exchange Commission (SEC) for their spot Ethereum (ETH) exchange-traded fund (ETF) applications. The revised filings, submitted on May 22, remove provisions for staking, a move that aligns with similar amendments made…
Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, is being relocated to a new prison, according to a report by The Wall Street Journal. A representative for Bankman-Fried confirmed the move, though the exact destination remains undisclosed. Sam Bankman-Fried Likely Moving to California Sources familiar with the situation suggest that Bankman-Fried is likely…
The U.S. House of Representatives made history on Wednesday by passing the Financial Innovation and Technology for the 21st Century Act (FIT21), a comprehensive bill aimed at regulating the digital assets industry. The legislation, which received bipartisan support with a vote of 279 in favor and 136 opposed, marks a significant milestone for the crypto…
With the rollout of Dev Release 33, BlockDAG introduces significant upgrades, such as SHA-3 hashing, aimed at refining the mining process and boosting the network’s security and efficiency. These enhancements have reinforced BlockDAG’s role as a premier Layer 1 blockchain, as evidenced by the robust sales of its X100 miner, combined with all other miners…
The Hong Kong data regulator recently concluded that Worldcoin’s data collection methods and activities violated the region’s “privacy ordinance.” Privacy Commissioner Chung Liling has issued an enforcement notice requesting Worldcoin to cease data collection from Hong Kong residents. Worldcoin’s Excessive Data Collection Methods An investigation by the Hong Kong Office of the Privacy Commissioner for…
South African prosecutors are reportedly investigating co-conspirators of Mirror Trading International and may charge them with fraud or forgery. The declaration of the scheme as unlawful may have strengthened the National Prosecuting Authority’s case against the masterminds of Mirror Trading International. MTI Directors May Face Charges Under the Prevention of Organized Crime Act South Africa’s…