Uphold Delists Stablecoins Before MiCA
“Ripple partner Uphold to delist major stablecoins like $USDT, $DAI, and $FRAX by July 1, 2024, to comply with MiCA regulations. Users must convert by June 27. #CryptoRegulations #Update”
Polkadot Treasury Holds Strong at $245M
Polkadot’s treasury holds 38M $DOT, valued at $245M. In H1 2024, it spent 11M $DOT ($87M) on ecosystem investments: $37M on outreach, $23M on network dev, $15M on liquidity, and $5.5M on talent. #Update
Ripple Case Impacted by New SEC Leadership
“Former SEC lawyer Marc Fagel predicts new SEC leadership could shift priorities in crypto cases like Ripple’s, potentially leading to smoother settlements. Current aggressive stance likely influenced by major fraud cases. #CryptoRegulation $XRP #Update”
HackaTRON Season 6 Winners Revealed, Season 7 Preview
TRON DAO announces HackaTRON Season 6 winners, awarding $650K across Web3, DeFi, Artistry, Integration, and Builder tracks. TRON also celebrates key milestones: national blockchain for Dominica and largest USDT supply host. #Update #TRON #Blockchain
Crypto Surge: Aevo, Pyth Lead $3B Token Unlock
? Major crypto token unlocks in May: @AevoHQ to release $1.257B worth of tokens on May 15, @PythNetwork’s first unlock of $1.25B on March 20, Avalanche ($AVAX) unlocking $332M, and dYdX ($DYDX) unlocking $71M. #Update
Ethereum ETF Sees Positive Net Inflows
“BlackRock’s $ETHA ETF sees $118M inflows, pushing US spot Ethereum ETFs positive. Despite $ETHE outflows, Ethereum price holds steady at $3,300. Institutional interest grows for $ETH. #CryptoUpdate”
Cardano Blockchain Revolution: Age of Voltaire Nears
Cardano founder @IOHK_Charles announces the Chang fork, set for June, which will mark the “Age of Voltaire.” This upgrade will enable self-sustainability, full decentralization, and advanced governance for the blockchain. #Cardano #Update
Mt. Gox Collapse Haunts Crypto Community Still
Ten years after its collapse, Mt. Gox has started repaying creditors with $9B in Bitcoin and Bitcoin Cash following a 2014 hack. The payouts highlight the need for better security in the crypto industry. #CryptoNews #Update
Ripple Backs XRP ETF, CEO Affirms
Ripple CEO Brad Garlinghouse welcomes an XRP ETF but reveals no specific plans. He highlights the importance of regulatory clarity and predicts more crypto ETFs, praising them for enhancing market stability. #CryptoETF @Ripple @Bloomberg
Bitcoin Surges as Fed Eyes September Rate Cut
Analysts @QCPCapital report the Fed’s potential rate cut in September may boost $BTC and crypto markets. The Fed’s dovish shift enhances liquidity, attracting capital. U.S. politicians consider creating a national Bitcoin reserve. #Update #Bitcoin
Ethereum ETFs Outflows Surge Options Ignite Hope
“Spot Ethereum ETFs see $341M outflows in first week, driven by Grayscale fees and lack of staking features. Contrast with $BTC ETFs adoption. Bullish outlook tied to U.S. elections and interest rate cuts. #Ethereum $ETH $BTC #Update”
USDT Confronts FUD: Ongoing Battle Unveiled
Paolo Ardoino, CTO of @Tether_to, recapped 2022’s challenges at Paris Blockchain Week. Highlighted Tether’s $25B USDT redemptions amidst attacks, contrasting with 2023 US bank failures. Emphasized transparency with BDO attestations. #Update #CryptoNews
Morpho Secures $50M Funding from a16z, Coinbase
Morpho secures $50M strategic funding round led by Ribbit Capital, with backing from @a16z, @CoinbaseVentures, and others. Funds will enhance decentralization and global growth as a public good. #DeFi #Update
Biden Challenges Trump’s Immunity Ruling
“Biden proposes Supreme Court reform targeting Trump immunity. Key measures: justice term limits, binding ethics code, and a constitutional amendment to end presidential immunity. Major challenge ahead in Congress. #SupremeCourtReform”