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Yield App Suspends Operations Ahead of Liquidation

[Jun 28, 2024 6:45 PM] Yield App, a platform for earning interest, buying, and swapping cryptocurrencies, announced on social media platform X Friday the suspension of all activities in preparation for liquidation proceedings. The Seychelles-based company halted…

21shares Files to Launch Solana ETF With SEC

[Jun 28, 2024 3:55 PM] 21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure…

Solana Introduces Blinks, Brings Blockchain to the Web2 Space

[Jun 28, 2024 1:38 PM] Solana recently introduced new functionality to its network, bringing Blinks (blockchain links) to the Web2 space. Now, users and developers can take wallet actions, like making a transaction, a donation, or a vote using a wallet address, wherever…

Fake Crypto Fund Operator Pleads Guilty to Defrauding Investors

[Jun 27, 2024 11:32 PM] Michael Joseph McElhiney, age 37 and formerly of Spokane, Washington, has pleaded guilty to wire fraud, the U.S. Department of Justice (DOJ) announced on Wednesday. Between March 4, 2021, and Sept. 10, 2022, McElhiney defrauded investors by falsely…

Vaneck Seeks SEC Approval for Solana-Based ETF

[Jun 27, 2024 7:55 AM] In a significant expansion of its cryptocurrency offerings, Vaneck has announced the filing of the first U.S. exchange-traded fund (ETF) focused on Solana. This move marks a strategic enhancement of Vaneck’s digital asset products, according…