The chances of approval for pending spot Ethereum exchange-traded fund (ETF) applications in May seem to be dwindling due to the recent urging from two US Senators for the Securities and Exchange Commission (SEC) to reject other crypto ETF proposals. Senators Jack Reed and Laphonza Butler advised the SEC to tighten its scrutiny of Bitcoin
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VeVe Comics has recently announced a partnership with Marvel Comics, giving fans access to a wide range of digital comic issues featuring beloved characters such as Spider-Man, X-Men, Captain Marvel, and Black Panther. What sets VeVe Comics apart from other platforms is its unique panel-by-panel viewing feature, creating a seamless reading experience for comic enthusiasts.
Hong Kong’s Securities and Futures Commission (SFC) recently issued a public warning about Bybit, adding it to the list of suspicious virtual asset trading platforms due to its unlicensed operations. The SFC expressed concerns that Bybit has offered its products to Hong Kong investors without securing the required license to conduct regulated activities in the
Binance, one of the largest cryptocurrency exchanges in the world, has recently found itself embroiled in a contentious dispute with Nigerian authorities. This conflict has escalated to the point where two senior executives from Binance were detained in Nigeria due to allegations of manipulating the local fiat currency. Despite acknowledging Nigeria’s “extraordinary potential,” Binance has
Cardano, while lagging behind other cryptocurrencies in terms of price action, has been experiencing a surge in network activity. The blockchain has seen an increase in active addresses, with the monthly count reaching its highest level in a year. This is a promising sign for investors, as it indicates growing network adoption and potential for
MakerDAO recently announced the launch of Phase 1 of its highly anticipated ‘Endgame’ project, scheduled for the summer of 2024. This phase will see the release of the project’s major features, aimed at driving growth and establishing a fully functional virtuous cycle. The key components of Phase 1 include the introduction of new tokens, a
Ethereum (ETH) recently completed a significant software upgrade known as Dencun, which aims to enhance the network ecosystem’s cost-effectiveness, particularly focusing on Layer 2 (L2) networks like Arbitrum, Polygon, and Coinbase’s Base. This upgrade has resulted in a substantial decrease in transaction costs on these networks, making fees drop from dollars to cents or even
The collaboration between PIXELYNX, Animoca Brands, and Banijay Brands has resulted in the creation of a new NFT collection inspired by the “Nosedive” episode from the popular TV series Black Mirror. Named “Black Mirror Experience: Smile Club”, this collection has taken the NFT market by storm, selling out in less than three hours after its
Arbitrum, a layer-2 blockchain network, has recently introduced the Gaming Catalyst Program (GCP) with the aim of revolutionizing the Web3 gaming landscape. This initiative seeks to not only support but also enhance the development of innovative games on the Arbitrum network. By allocating 200 million ARB tokens, valued at $426 million, over a two-year period,
The current sentiment surrounding NEAR Protocol remains bullish within the crypto community, with traders’ predictions of a potential $8 target coming to fruition. After a minor retracement, NEAR Protocol is currently trading at $7.85, marking a 24-hour change of -2.8%. The price surged by 70% out of consolidation at lower support above $5.15 on March