• Top Crypto Gainers Today on DEXScreener – WIFMAGA, MEGA, APE
    by Joel Frank on May 21, 2024 at 2:29 am

    As crypto markets lurched higher on Monday on optimism that Ethereum ETFs might soon get approval, renewed risk appetite saw traders hunting for top crypto gainers today flock to the on-chain markets. The post Top Crypto Gainers Today on DEXScreener – WIFMAGA, MEGA, APE appeared first on Cryptonews.

  • Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report
    by Tim Alper on May 20, 2024 at 11:30 pm

    South Korean analysts think new challenges await the “next generation” of stablecoins, as the industry continues to develop. The post Stablecoin Market Faces Fresh Challenges with ‘Fourth-Gen Coins’ – South Korean Report appeared first on Cryptonews.

  • Crypto Experts Invest in New Solana Meme Coin as Crypto Markets Rally – Time to Buy?
    by Joel Frank on May 20, 2024 at 9:53 pm

    Crypto experts are flocking to invest funds in an exciting new Solana meme coin Sealana (SEAL) as the crypto market rally accelerates on Monday in wake of rising hopes for the SEC to approve spot Ethereum ETFs this week. The post Crypto Experts Invest in New Solana Meme Coin as Crypto Markets Rally – Time to Buy? appeared first on Cryptonews.

  • Will SEC Approve Ethereum ETFs? Ether (ETH) Price Explodes Higher Amid Rumors of SEC U-Turn
    by Joel Frank on May 20, 2024 at 8:06 pm

    The Ether (ETH) price exploded higher on Monday as traders bet that the SEC will approve Ethereum ETFs as soon as this week following the emergence of rumors of a major SEC u-turn. The post Will SEC Approve Ethereum ETFs? Ether (ETH) Price Explodes Higher Amid Rumors of SEC U-Turn appeared first on Cryptonews.

  • XLink Partners with Kaamel Technology to Investigate $10M Security Breach
    by Hassan Shittu on May 20, 2024 at 7:45 pm

    XLink has announced a partnership with cybersecurity firm Kaamel Technology, which aims to thoroughly investigate the ‘root cause’ of a data breach incident on May 15, involving nearly $10 million of user funds. The post XLink Partners with Kaamel Technology to Investigate $10M Security Breach appeared first on Cryptonews.

  • Binance Encourages Small and Medium Crypto Projects to Tackle Low Float and High FDV
    by Hassan Shittu on May 20, 2024 at 7:33 pm

    Binance, the world’s largest cryptocurrency exchange, has urged small and medium-sized crypto projects to address the prevalent trend of low float and high fully diluted valuations (FDV).  The post Binance Encourages Small and Medium Crypto Projects to Tackle Low Float and High FDV appeared first on Cryptonews.

  • Humanity Protocol Teases Several Major Partnerships Following $1 Billion Valuation
    by Julia Smith on May 20, 2024 at 7:14 pm

    Humanity Protocol, the artificial intelligence startup pioneering new identity verification technology, is teasing “several major partnerships” ahead of its testnet launch. The news follows its $1 billion valuation last week that saw key investors such as Kingsway Capital and Animoca Brands participating. The post Humanity Protocol Teases Several Major Partnerships Following $1 Billion Valuation appeared first on Cryptonews.

  • Craig Wright Lied To Court: UK Judge Reveals
    by Jimmy Aki on May 20, 2024 at 6:58 pm

    An Australian computer scientist named Craig Wright, who has frequently claimed to be the anonymous creator of Bitcoin, Satoshi Nakamoto, was found not guilty by a UK High Court judge on May 20. The post Craig Wright Lied To Court: UK Judge Reveals appeared first on Cryptonews.

  • Ripple’s CTO David Schwartz Sheds Light on XRP Sales Strategy
    by Jimmy Aki on May 20, 2024 at 6:35 pm

    Prominent blockchain startup Ripple came under scrutiny for selling more XRP tokens than ever before. But David Schwartz, the Chief Technology Officer (CTO) of Ripple, recently explained why the business was liquidating its XRP holdings on May 19. The post Ripple’s CTO David Schwartz Sheds Light on XRP Sales Strategy appeared first on Cryptonews.

  • Apu Meme Coin Skyrockets on Ethereum, Another Meme Coin Set to Surge with $15M Raised
    by Sam Cooling on May 20, 2024 at 6:07 pm

    In an unexpected twist, retail investors are flocking back to Ethereum meme coin markets, and new token Apu has exploded on DEX markets. This article will provide an analysis of APU’s current price trends and look to see whether an innovative new meme coin, Dogeverse, represents a more promising investment opportunity at this time. Retail The post Apu Meme Coin Skyrockets on Ethereum, Another Meme Coin Set to Surge with $15M Raised appeared […]

  • XRP Price Prediction as Ripple Backs Quantum Computing Research – Can XRP Hold Above $0.50?
    by Harvey Hunter on May 20, 2024 at 5:52 pm

    Ripple’s “necessary” research and development of quantum-resistant cryptographic systems may boost future XRP price action. The post XRP Price Prediction as Ripple Backs Quantum Computing Research – Can XRP Hold Above $0.50? appeared first on Cryptonews.

  • Best Crypto to Buy Now May 20 – Fantom, Injective, Sui
    by Joel Frank on May 20, 2024 at 5:37 pm

    As cryptocurrency markets push higher on Monday, with Bitcoin (BTC) surpassing $68,000 as traders look ahead of this week’s Fed meeting minutes release, Nvidia earnings and the SEC’s decision on spot Ethereum ETFs, investors are hunting for the best crypto to buy now that might hand them quick gains. The post Best Crypto to Buy Now May 20 – Fantom, Injective, Sui appeared first on Cryptonews.

  • Why is Dogwifhat Crashing? WIF Price Tanks 48% as Investors Flock to New AI Meme Coin
    by Joel Frank on May 20, 2024 at 4:38 pm

    In the wake of a 45% pullback from its March highs, investors are asking why dogwifhat (WIF) is crashing, with some investors flocking to a fun new AI meme coin Wiener AI (WAI). The post Why is Dogwifhat Crashing? WIF Price Tanks 48% as Investors Flock to New AI Meme Coin appeared first on Cryptonews.

  • Grayscale CEO Michael Sonnenshein Steps Down, Goldman Sachs Exec to Lead Firm
    by Tanzeel Akhtar on May 20, 2024 at 4:18 pm

    Grayscale CEO Michael Sonnenshein is stepping down from having joined the team in 2014 and serving as CEO since 2021, Sonnenshein will be replaced by former Goldman Sachs executive Peter Mintzberg. The post Grayscale CEO Michael Sonnenshein Steps Down, Goldman Sachs Exec to Lead Firm appeared first on Cryptonews.

  • Blockchain Association Sends Letter To Reps. Mike Johnson And Hakeem Jeffries Urging FIT21 House Vote
    by Julia Smith on May 20, 2024 at 3:58 pm

    The Blockchain Association is urging a full House floor vote of the Financial Innovation and Technology for the 21st Century Act (FIT21), a Monday letter from the crypto advocacy group  to House Speaker Mike Johnson and Minority Leader Hakeem Jeffries reveals. News of the letter comes on the heels of Congressional approval of a resolution to overturn SAB121, prompting legislative momentum across the digital asset sector. The post Blockchain […]

  • Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue
    by Hassan Shittu on May 20, 2024 at 3:47 pm

    BitFuFu’s total revenue skyrocketed 149% year-over-year to $144.4 million, beyond expectations. Profit figures were even more massive as its net income exploded more than 12-fold to $35.3 million.  The post Cloud Miner BitFuFu Reports a 149% Spike in Q1 Revenue appeared first on Cryptonews.

  • BlockDAG’s Innovative Dashboard Boosts Confidence, Eyes $30 Target by 2030, Overshadows Bittensor & TRON Bullish Trend
    by Michael Graw on May 20, 2024 at 3:41 pm

    BlockDAG‘s strategic initiatives have significantly elevated its profile in the cryptocurrency market, attracting a growing number of investors. By earning a remarkable $28.6 million as its presale reached batch 13, BlockDAG showcases the effective allure of its innovative Dashboard, which offers detailed user data and transaction insights. This approach enhances user engagement and instills a robust The post BlockDAG’s Innovative […]

  • Ethereum Foundation Researcher Faces Criticism Over Paid Advisory Role with Eigen Foundation
    by Hassan Shittu on May 20, 2024 at 3:34 pm

    Justin Drake, a prominent researcher at the Ethereum Foundation, has disclosed his acceptance of an advisory role at EigenFoundation, the organization behind the EigenLayer protocol. The post Ethereum Foundation Researcher Faces Criticism Over Paid Advisory Role with Eigen Foundation appeared first on Cryptonews.

  • Meme Coin News: GME Token Outperforms Stock, 15B FLOKI Burned, SHIB Could Hit $1 in 15Y
    by Sead Fadilpašić on May 20, 2024 at 3:07 pm

    This week read about: Meme Coin News: Market Highlights GameStop (GME) Meme Coin Outperforms the Stock FLOKI DAO Votes ‘Yes’ to Burning 15.25 Billion Coins Shina Inu Could Hit $1 by 2050 The post Meme Coin News: GME Token Outperforms Stock, 15B FLOKI Burned, SHIB Could Hit $1 in 15Y appeared first on Cryptonews.

  • Mobs of Bonk Inu Token Traders Now Buying Mollars ICO
    by Cryptonews on May 20, 2024 at 2:55 pm

    Large mobs of Bonk Inu (BONK) token traders appear to be migrating into the ICO for Ethereum-Blockchain’s new store-of-value asset; A rival token for Bitcoin. The post Mobs of Bonk Inu Token Traders Now Buying Mollars ICO appeared first on Cryptonews.

  • Historic Trucking Rate Disparity Could Cripple Service In Late 2024
    by Tyler Durden on May 21, 2024 at 1:40 am

    Historic Trucking Rate Disparity Could Cripple Service In Late 2024 By Zach Strickland of FreightWaves Truckload contract rates continue to show strong elevation in relation to spot rates excluding estimated fuel costs above $1.20 a gallon. This historic spread — currently about 30% versus about 12% in 2019 — suggests there is an extraordinary amount of potential disparity among rates in the truckload market that could leave […]

  • Researchers Discover New Mechanism Linking Diet And Cancer Risk
    by Tyler Durden on May 21, 2024 at 1:20 am

    Researchers Discover New Mechanism Linking Diet And Cancer Risk Authored by Jennifer Sweenie via The Epoch Times (emphasis ours), You may have heard that sugar feeds cancer cells, and evidence supports that. However, the missing link in this narrative has been a thorough understanding of just “how” sugar feeds cancer—until now. A recent study published in Cell in April 2024 uncovers a new mechanism linking uncontrolled blood […]

  • The Biden Administration’s Scientific Integrity Policies
    by Tyler Durden on May 21, 2024 at 1:00 am

    The Biden Administration’s Scientific Integrity Policies Authored by Curtis Schube via RealClearPolitics, It is no secret that the Biden administration has prioritized insulating the administrative state from the will of the people. The goal is placing career officials on equal footing with agency leadership (i.e., political appointees). Undoing Schedule F, which would categorize federal employees with policymaking authority so as […]

  • Court Ruling Means California Schools Can Violate Students’ Rights When Following Public Health Orders
    by Tyler Durden on May 21, 2024 at 12:40 am

    Court Ruling Means California Schools Can Violate Students’ Rights When Following Public Health Orders Authored by Kristin Lang via The Epoch Times, As we near the end of the school year, a new court ruling may have some parents rethinking whether they want to enroll their children in California’s public schools this fall. Those of you living in Southern California will likely remember the case of Aidan Palicke. An […]

  • How Lawfare Turned Trump Into A Superhero
    by Tyler Durden on May 21, 2024 at 12:20 am

    How Lawfare Turned Trump Into A Superhero Authored by Frank Miele via The Epoch Times (emphasis ours), Last week, President Biden raised the white flag of surrender to Donald Trump when he offered to debate the presumptive GOP nominee in June and September. No one saw this coming. Trump had been taunting Biden with his offer to debate “anytime, anywhere, any place,” but it was assumed that Biden and his handlers would shy […]

  • GOP Rep Slams Biden, Praises Trump, In Fiery Speech At Israel’s Knesset
    by Tyler Durden on May 20, 2024 at 11:40 pm

    GOP Rep Slams Biden, Praises Trump, In Fiery Speech At Israel’s Knesset Authored by Dave DeCamp via AntiWar.com, Rep. Elise Stefanik (R-NY) delivered a speech at the Israeli Knesset on Sunday where she slammed President Biden and called for unconditional military support for Israel to support the slaughter of Palestinians in Gaza. Stefanik and other Republicans have been furious with President Biden for putting a pause on one […]

  • Trade Protectionism In Renewables Could “Haunt” The Industry, Chinese Solar Execs Claim
    by Tyler Durden on May 20, 2024 at 11:20 pm

    Trade Protectionism In Renewables Could “Haunt” The Industry, Chinese Solar Execs Claim Solar executives in China are railing the U.S. and Europe over trade protectionism, claiming that the West should instead “let the best technology win” in their respective markets. The Financial Times conducted an interview with Zhou Shijun, who leads global marketing for Arctech, who told them that the West ignoring the best technology […]

  • Educational Explosion: The Damage of Unnecessary Advanced Degrees
    by Tyler Durden on May 20, 2024 at 11:00 pm

    Educational Explosion: The Damage of Unnecessary Advanced Degrees Via SchiffGold.com, The percentage of U.S. adults holding an advanced degree increased by over 3% from 2011-2021. This increase in education is assumed to have a crucial role in America’s increasing economic strength over that time period. The expertise gained from such degrees is supposed to be valuable enough to outweigh the time and money put into grad […]

  • Lockheed Running Out Of Parking Space For F-35s Pentagon Refuses To Accept
    by Tyler Durden on May 20, 2024 at 10:40 pm

    Lockheed Running Out Of Parking Space For F-35s Pentagon Refuses To Accept Another day, another indication of what a spectacular, snakebit clusterf**k the F-35 program is.  The latest blotter entry comes to us from the US Government Accounting Office (GAO), via a new report pointedly titled “F-25 Joint Strike Fighter: Program Continues to Encounter Production Issues and Modernization Delays.”According to GAO, Lockheed Martin is […]

  • Comply Or Else – Proof Of Censorship
    by Tyler Durden on May 20, 2024 at 10:20 pm

    Comply Or Else – Proof Of Censorship Authored by Jeffrey Tucker via DailyReckoning.com, It’s not been good lately for the Censorship Industrial Complex. The machine has been built and put into action over nearly a decade but largely in secret. Its way of doing business has been via surreptitious contacts with media and tech companies, intelligence carve-outs in “fact-checking” organizations, payoffs, and various other […]

  • FDIC Chairman To Resign After Sexual Harassment Scandal
    by Tyler Durden on May 20, 2024 at 10:00 pm

    FDIC Chairman To Resign After Sexual Harassment Scandal In the first – but certainly not last – major shake up at a key US financial regulator under the Biden admin, Federal Deposit Insurance Corp. Chairman Martin Gruenberg bowed to pressure to resign from the bank regulator after an external investigation found widespread sexual harassment at the agency and lawmakers of both parties berated his leadership, capping a nearly […]

  • Maybe We’re Closer To “You’ll Own Nothing” Than We Realize
    by Tyler Durden on May 20, 2024 at 9:40 pm

    Maybe We’re Closer To “You’ll Own Nothing” Than We Realize Authored by Charles Hugh Smith via OfTwoMinds blog, Maybe we should rephrase the slogan to “you’ll appear to own things you don’t actually control and be happy.” The World Economic Forum’s catchphrase you’ll own nothing and be happy was widely mocked as an eyebrow-raising vision of a “sharing economy” future without the implicit agency granted by full ownership. Renting […]

  • Map Shows Latest Cartel Activity In Mexico As Drug Lords Should Fear A Potential Trump Victory
    by Tyler Durden on May 20, 2024 at 9:20 pm

    Map Shows Latest Cartel Activity In Mexico As Drug Lords Should Fear A Potential Trump Victory Every six months, the US drug death catastrophe eclipses the Vietnam War. The vast majority of deaths are derived from fentanyl-laced narcotics, which come from Mexico (and chemicals sourced initially from China), via open southern borders pushed by radical leftists in the White House. More recently, the House Select Committee on […]

  • Trump Highlights 2nd Amendment As Vital Amid Illegal Immigration Crisis
    by Tyler Durden on May 20, 2024 at 9:00 pm

    Trump Highlights 2nd Amendment As Vital Amid Illegal Immigration Crisis Authored by Michael Clements via The Epoch Times (emphasis ours), The Second Amendment is vital for enabling Americans to protect themselves from the wave of criminals, drugs, and the mentally ill that are flooding across the U.S. southern border, former President Donald Trump told a raucous standing-room-only crowd at the National Rifle Association’s 153rd […]

  • Israel Fuming At UN’s Moment Of Silence For Iran Leader: ‘What’s Next? A Moment Of Silence For Hitler?’
    by Tyler Durden on May 20, 2024 at 8:53 pm

    Israel Fuming At UN’s Moment Of Silence For Iran Leader: ‘What’s Next? A Moment Of Silence For Hitler?’ Update(1653ET): Amid the international messages of condolence and support for Iran after the death of President Ebrahim Raisi, the United Nations Security Council on Monday held a solemn moment of silence to observe his passing. Israel is outraged by the gesture, saying that it was tantamount to honoring a terrorist, or […]

  • Saudi Crown Prince Abruptly Cancels Japan Trip As ‘Health Concerns’ Surround King Salman
    by Tyler Durden on May 20, 2024 at 8:40 pm

    Saudi Crown Prince Abruptly Cancels Japan Trip As ‘Health Concerns’ Surround King Salman On the very same week that a head of a major Middle East nation perished in a helicopter crash, there’s developing news that King Salman of Saudi Arabia is suffering a life-threatening illness. The 88-year-old monarch has already long been in fragile condition, and his son Crown Prince Mohammed bin Salman (MbS) has been de facto ruler of the […]

  • Welcome To ‘Fugazy Land’
    by Tyler Durden on May 20, 2024 at 8:20 pm

    Welcome To ‘Fugazy Land’ Authored by James Howard Kunstler via Kunstler.com, “The crisis of meaning only becomes a problem when society becomes resigned to it, accepts a condition of meaninglessness, and seeks to dispossess humanity from the insights and truths it learned through the ages.” – Frank Furedi Really, you must agree: just about anything can happen now, and probably will, and possibly all at the same time — war, […]

  • Cryptos Soar On Ether ETF Hope As Downbeat Dimon Sends Gold To Record-er Highs
    by Tyler Durden on May 20, 2024 at 8:00 pm

    Cryptos Soar On Ether ETF Hope As Downbeat Dimon Sends Gold To Record-er Highs A quite macro and micro day saw stocks start off strongly but fade after JPM CEO Jamie Dimon offered his now ubiquitous downbeat view of the foreseeable future. “I’m cautiously pessimistic. We have the most complicated geopolitical situation that most of us have seen since World War II, if you study history. We don’t really know the full effect of […]

  • New US LNG Export Projects Risk Delays Due To Stricter Pollution Rules
    by Tyler Durden on May 20, 2024 at 7:40 pm

    New US LNG Export Projects Risk Delays Due To Stricter Pollution Rules By Tsvetana Paraskova of OilPrice.com New U.S. LNG projects risk delays amid the Biden Administration’s push for lower emissions and the ongoing reviews about the environmental impact of the planned export facilities. After President Joe Biden halted new LNG project approvals in January for a review of the current permitting process, the U.S. […]

  • Jamie Dimon Is “Cautiously Pessimistic” As QT Uncertainty Supercharged By World War Threats 
    by Tyler Durden on May 20, 2024 at 7:20 pm

    Jamie Dimon Is “Cautiously Pessimistic” As QT Uncertainty Supercharged By World War Threats  On Monday morning, investors flocked to JPMorgan’s Manhattan campus to hear CEO Jamie Dimon rant about several critical topics. From regulation crushing the US economy to geopolitics, inflation, potential market swoons, and monetary policy, Dimon covered the most critical ones.  Let’s begin with the topic of stock buybacks. Dimon said, […]

  • Venezuela Bans Crypto-Mining To Protect Power-Grid
    by Tyler Durden on May 20, 2024 at 7:00 pm

    Venezuela Bans Crypto-Mining To Protect Power-Grid Authored by Amaka Nwaokocha via CoinTelegraph.com, The Venezuelan government has joined the list of countries that have frowned on crypto mining due to its hefty electricity demands. According to a local news outlet, Venezuela’s Ministry of Electric Power has unveiled plans to disconnect cryptocurrency mining farms from the national grid. The move aims to regulate excessive […]

  • Wall Street “Still Learning Role Of Uranium In Energy Transition, Suggest Upside In Space” 
    by Tyler Durden on May 20, 2024 at 6:40 pm

    Wall Street “Still Learning Role Of Uranium In Energy Transition, Suggest Upside In Space”  The environment for uranium and nuclear power has never been better as the atomic energy sector’s revival is being shifted into high gear for this very reason:  A ChatGPT search requires 10x as much power as a traditional Google search pic.twitter.com/khdSbvxsOH — zerohedge (@zerohedge) May 19, 2024 Yes, artificial intelligence data […]

  • Kansas City Star Publishes Article Demanding Chiefs Replace Butker With A Woman
    by Tyler Durden on May 20, 2024 at 6:20 pm

    Kansas City Star Publishes Article Demanding Chiefs Replace Butker With A Woman Authored by Paul Joseph Watson via Modernity.news, The Kansas City Star published an article asserting that the Chiefs should replace Harrison Butker with a woman as payback for his “Neanderthal outburst.” Butker enraged shitlibs by giving a commencement speech at Benedictine College, during which he encouraged women to be mothers and homemakers, […]

  • Bally’s Atlantic City Refuses To Pay 72 Year Old $2 Million Jackpot Due To “Technical Glitch”
    by Tyler Durden on May 20, 2024 at 6:00 pm

    Bally’s Atlantic City Refuses To Pay 72 Year Old $2 Million Jackpot Due To “Technical Glitch” The house always wins… A 72 year old woman who hoped to take her winnings to ‘buy a trailer’ for her son is being told by Bally’s in Atlantic City that the $2 million jackpot she claims she won was invalid and the result of a ‘technical glitch’.  As a result, Bally’s – along with game manufacturer IGT – are refusing to pay the money […]

  • How Iran Used An Advanced Turkish Drone To Find Raisi’s Helicopter
    by Tyler Durden on May 20, 2024 at 5:40 pm

    How Iran Used An Advanced Turkish Drone To Find Raisi’s Helicopter Via Middle East Eye A Turkish high-altitude, long-endurance drone played a central role in finding the wreckage of the helicopter that was carrying Iranian President Ebrahim Raisi and his delegation on Sunday night. Iranian search and rescue officials reported late on Sunday evening that they believed the helicopter had made a “hard landing” in Iran’s East […]

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  • Gala Games exploited for $200 million
    by Mike Dalton on May 21, 2024 at 12:33 am

    An unknown attacker exploited the blockchain gaming project Gala Games on May 20 for approximately $200 million, according to reports. Solidity developer 0xquit said the attacker minted 5 billion GALA tokens through an admin address, noting that an external hacker or rogue address owner could be responsible. 0xquit stated that the attacker can mint 12 The post Gala Games exploited for $200 million appeared first on CryptoSlate.

  • Bloomberg analysts revise ETH ETF approval odds to 75% amid rumors of SEC flip
    by Mike Dalton on May 20, 2024 at 10:53 pm

    The SEC has asked spot Ethereum ETF applicants to update their 19-b4 filings, leading to greater optimism around potential approvals, according to sources. Bloomberg ETF analyst Eric Balchunas said on May 20 that the SEC could reverse its expected stance and choose not to deny the pending applications. He cited ETF Store President Nate Geraci, The post Bloomberg analysts revise ETH ETF approval odds to 75% amid rumors of SEC flip appeared first […]

  • BTC surges 6% to touch $70k as Ethereum ETF rumors cause market frenzy
    by Assad Jafri on May 20, 2024 at 9:24 pm

    Bitcoin (BTC) surged past the $70,000 mark on May 21, marking a significant milestone driven by a flood of investment into spot Bitcoin exchange-traded funds (ETFs) and a broader market rally. Bitcoin’s price climbed to $70,325, a 6% increase over 24 hours, before settling at $68,700 as of press time, based on CryptoSlate data. Ethereum The post BTC surges 6% to touch $70k as Ethereum ETF rumors cause market frenzy appeared first on […]

  • Kraken denies plans to delist USDT in EU
    by Mike Dalton on May 20, 2024 at 7:53 pm

    A Kraken executive denied the exchange plans to delist Tether’s USDT stablecoin in Europe on May 18. Global Head of Asset Growth & Management Business Mark Greenberg said the company is examining “all options to offer USDT under the upcoming regime.” Greenberg added that the company will follow all legal requirements, including rules that it The post Kraken denies plans to delist USDT in EU appeared first on CryptoSlate.

  • Bankruptcy court approves NYAG, Genesis $2 billion settlement
    by Assad Jafri on May 20, 2024 at 7:06 pm

    The US Bankruptcy Court for the Southern District of New York has approved the $2 billion settlement between Genesis Global and the New York Attorney General and confirmed the Amended Plan of Reorganization for the defunct company and its subsidiaries. The settlement aims to compensate defrauded investors, including 29,000 New Yorkers who invested over $1.1 The post Bankruptcy court approves NYAG, Genesis $2 billion settlement appeared first on […]

  • First decentralized Web3 funding parachain Polimec goes live on Polkadot
    by Oluwapelumi Adejumo on May 20, 2024 at 5:24 pm

    Polimec, a decentralized and community-driven funding parachain, has officially launched on Polkadot and is set to begin its first project evaluation, according to a May 20 statement shared with CryptoSlate. The platform evaluates Web3 projects for potential fundraising, aiming to bring transparency, accessibility, and regulatory compliance to the process. Polimec’s launch marks a new era The post First decentralized Web3 funding parachain […]

  • Derivatives data tracking Bitcoin’s response to global crises shows market cycle far from over
    by James Van Straten on May 20, 2024 at 4:45 pm

    Quick Take Capriole Investments’ derivatives data offers a unique lens into Bitcoin’s market health. By analyzing Bitcoin perpetual, futures, and options weighted by open interest, Capriole defines a metric that provides valuable insights. Higher values on this metric indicate bearishness, signaling excessive leverage and speculation in the market. Conversely, lower values suggest bullishness, reflecting fear The post Derivatives data […]

  • Potential US TikTok buyer plans to decentralize TikTok, could relay on Polkadot parachain
    by Oluwapelumi Adejumo on May 20, 2024 at 4:25 pm

    US billionaire Frank McCourt is leading a consortium to acquire TikTok and decentralize it using the Decentralized Social Networking Protocol (DSNP) from Project Liberty. TikTok, boasting over 170 million users, is being pressured by the US government to sell due to national security concerns and purported links to the Chinese government. McCourt’s initiative, termed the The post Potential US TikTok buyer plans to decentralize TikTok, could […]

  • Metaplanet’s Bitcoin investment propels shares up 17%
    by James Van Straten on May 20, 2024 at 3:40 pm

    Quick Take Metaplanet Inc. is taking a bold step towards embracing Bitcoin as part of its corporate strategy. On April 26, the company announced it had purchased up to 1 billion Yen worth of Bitcoin, outlining its approach to adopting the digital asset. The market has responded favorably to Metaplanet’s Bitcoin move. As of May The post Metaplanet’s Bitcoin investment propels shares up 17% appeared first on CryptoSlate.

  • Crypto investment inflows soar to $932 million after favorable CPI report
    by Oluwapelumi Adejumo on May 20, 2024 at 3:10 pm

    Digital asset investment products inflows jumped by 616% week-on-week to $932 million last week, according to CoinShares’ weekly report. This marks the second consecutive week of inflows this month and a return to the impressive numbers recorded during the early period of this year. James Butterfill, CoinShares’ head of research, explained that the substantial inflows The post Crypto investment inflows soar to $932 million after favorable […]