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Donald Trump-Themed Meme Coins Breed Crypto Millionaires as MAGA Token Surged

[May 22, 2024 1:15 AM] Analysis by Nansen shows that early TRUMP holders made an ROI of over 1,600% from the PoliFi token.

Cboe Publishes Amended Spot Ether ETF Filings as Industry Renews Approval Hopes

[May 21, 2024 4:59 PM] Cboe, an exchange associated with five of the issuers of a potential spot ether exchange-traded fund (ETF), published its amended 19b-4 filings in response to feedback from regulators. The applicants include Fidelity, VanEck, Invesco/Galaxy…

America’s First Bitcoin President: Trump Now Accepts Crypto Donations

[May 21, 2024 4:07 PM] President Trump, in a press release published on his website this afternoon, announced that his campaign to take back the White House will begin accepting donations using Bitcoin.BREAKING: Donald Trump now officially accepts #Bitcoin for…

Ether Rally Prompts Over $300 Million ETH Inflow to Crypto Exchanges: Nansen

[May 21, 2024 3:17 PM] The fast move likely signals short-term profit taking after ether's rapid 30% rally, one observer noted.

DOJ Captures Alleged ‘Architect’ of Darknet Marketplace Incognito

[May 21, 2024 2:17 PM] According to the U.S. Department of Justice (DOJ), the operator of the darknet marketplace Incognito was apprehended at John F. Kennedy Airport on May 18. Law enforcement officials claim Rui-Siang Lin allegedly constructed the DNM and facilitated…

Trump Becomes First Major Party Candidate to Accept Crypto Donations

[May 21, 2024 2:02 PM] The likely GOP flag-bearer in the upcoming U.S. presidential election signaled his friendliness to crypto at a campaign fundraiser two weeks ago.

Several U.S. House Democrats Petition Colleagues to Join Yes Side on Crypto Bill

[May 21, 2024 1:36 PM] The U.S. House of Representatives is on the verge of a vote on Wednesday that is widely expected to approve comprehensive cryptocurrency legislation with bipartisan support – a major milestone for the industry – and several Democrats there are…

Uniswap Labs Urges SEC to Drop Pending Enforcement Action in Wells Response

[May 21, 2024 11:30 AM] Uniswap Labs moved Tuesday to quash a looming regulatory battle over Ethereum's dominant decentralized crypto exchange, imploring the Securities and Exchange Commission in legal filings that its planned lawsuit wasn't worth the fight.

Second Ethereum Foundation Researcher Acknowledges Advisory Deal Paid in EIGEN

[May 21, 2024 11:05 AM] The news set off a debate on the social-media platform X about whether advising the EigenFoundation might constitute a conflict of interest – given the flagged risks to Ethereum from restaking protocol EigenLayer.

Hex Trust to Launch USDX Stablecoin on Flare, Offering Real-World Yield

[May 21, 2024 10:50 AM] On May 21, 2024, Hex Trust Group announced the introduction of a native stablecoin, USDX, for the Flare network. Hex Trust also revealed that a Clearpool vault, enabling holders to earn a real-world yield, will debut alongside USDX. Hex…

Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm

[May 21, 2024 10:44 AM] Dan Romero's Farcaster made waves earlier this year with the introduction of "Frames," a feature allowing apps to run within posts, so users don't have to click off to another site.

Gala Games Hacker Returns $23M in ETH; Founder Proposes 'Buy and Burn'

[May 21, 2024 10:14 AM] Gala investor DWF Labs also said that it had purchased 28 million GALA tokens "to alleviate market selling pressures."

Crypto Derivatives DEX Aevo's Token Jumps 10% as Binance Labs Discloses Investment

[May 21, 2024 9:12 AM] AEVO hit $0.9, its highest price since mid-May. Even so, it's still nearly 70% below where it started trading in March at around $3.

Crypto Sleuth Ogle Proposes Security-Centric 'Glue' Blockchain

[May 21, 2024 9:02 AM] The upcoming layer-1 takes a hands-on approach to ensuring project security.

Report: Nasdaq and Cboe Asked to Refine Ethereum ETF Proposals

[May 21, 2024 8:14 AM] According to Reuters, sources revealed that the U.S. Securities and Exchange Commission (SEC) has requested Nasdaq and Cboe to “fine-tune” their spot ethereum exchange-traded fund proposals. Ethereum experienced a 22% increase over…

Solana-Based Wallet Phantom Buys Web3 Specialist Bitski

[May 21, 2024 7:00 AM] The financial terms of the deal were not disclosed.

Web3 Marketing Startup Spindl Launches On-Chain Ad Network

[May 21, 2024 7:00 AM] Crypto wallet activity is a better way to find sales prospects than "weird, sketchy Web2 data," says Spindl CEO (and Facebook vet) Antonio Garcia Martinez.

First Mover Americas: Bitcoin Hits $71K as Ether ETF Hopes Build

[May 21, 2024 6:03 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for May 21, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Fidelity Drops Staking Plans in Updated Ether ETF Filing

[May 21, 2024 5:40 AM] Annualized yields on ether staking are nearly 3% as of Tuesday, data from popular staking service Lido shows.

Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare

[May 21, 2024 3:00 AM] Hex Trust Group has issued USDX, the first native stablecoin on layer-1 blockchain Flare, according to a press release.

MOG, PEPE Rocket as Traders Search for Ether Beta Bets

[May 21, 2024 2:32 AM] Meme coins have been increasingly seen as a way to bet on the growth of the underlying network they are issued on.

Ether ETF Hopes Drive Futures Open Interest to Record $14B

[May 21, 2024 1:40 AM] The notional open interest, or the dollar value locked in the number of active ether futures contracts, surged by 25% in a single day.

Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations

[May 21, 2024 12:17 AM] Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.

Ether (ETH) Surges 17%, Polymarket Approval Chances Rocket, as ETF Makes Regulatory Progress

[May 20, 2024 11:29 PM] The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed.

NYAG Takes Victory Lap as Court Approves Genesis Settlement

[May 20, 2024 11:16 PM] NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and blocks Genesis from operating in the state.

Democrat House Leadership Says Crypto Bill Vote Won't Be Whipped

[May 20, 2024 11:09 PM] Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote

Alleged Owner of Darknet Narcotics Bazaar ‘Incognito Market’ Arrested in New York

[May 20, 2024 3:38 PM] U.S. authorities have arrested and charged a Taiwanese national with operating darknet drug bazaar Incognito Market, which he allegedly used to facilitate over $100 million in crypto-denominated sales of illegal narcotics including fentanyl.

Gaming Token Gala Stabilizes as Company Says Security Incident 'Contained'

[May 20, 2024 3:13 PM] Someone minted 5 billion GALA tokens and then sold them on decentralized exchange Uniswap

Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources

[May 20, 2024 2:33 PM]

Ether Jumps 10% to $3.4K After Bloomberg Ups Odds of Spot ETF Approval

[May 20, 2024 1:34 PM] Markets previously had mostly priced in SEC rejections of the proposed funds beginning this week.