BlackRock’s IBIT Surpasses Grayscale as Largest Bitcoin Fund
BlackRock’s spot Bitcoin ETF, IBIT, surpasses Grayscale’s GBTC as the largest Bitcoin fund with over $100M inflows, now holding 5% of total Bitcoin supply. #Bitcoin #CryptoNews
Ethereum Futures Surge: Spot ETF Approval Impact
Ethereum futures OI hit a record $17.12B after spot ETF approval, with Binance leading at $6.24B. This surge marks a major milestone for $ETH liquidity. #Crypto #Analysis
Pro XRP Lawyer Demands Gary Gensler’s Resignation
John Deaton, pro-XRP lawyer, calls for SEC Chairman Gary Gensler’s resignation, criticizing regulatory overreach harming the crypto industry. He suggests Chris Giancarlo for a more favorable approach. #CryptoRegulation #Opinion
**El Salvador, Cathie Wood Partner on Bitcoin Integration**
El Salvador teams up with @CathieDWood to boost its capital markets using #Bitcoin. This partnership aims to attract international investment and foster economic growth through innovative digital assets. #CryptoNews
HTX Overtakes Coinbase in Spot Trading Volume
HTX, formerly Huobi, has surpassed Coinbase in 24-hour spot trading volume, hitting $2.15B and ranking fourth behind Binance, Bybit, and OKX. #cryptocurrency #HTX
Hong Kong Sets Crypto Platforms Registration Deadline
Hong Kong’s @SFC_en sets June 1 deadline for crypto trading platforms to register or face criminal sanctions. Investors should verify platform compliance on the SFC website. #CryptoRegulation #TechNews
OpenAI Unveils New Flagship AI Model
OpenAI is training a new AI model to replace GPT-4 and formed a safety committee to manage AI risks. Public release is expected in 9-12 months. #AI #Updates
UK Bank Bans Crypto Transactions Starting May 30
Kroo Bank will ban crypto transactions starting May 30, 2024, to reduce online fraud. Accounts involved in crypto will face restrictions or closure. This follows similar moves by @StarlingBank and @Chase_UK. #Crypto #BankingNews
JasmyCoin Volatile Amid Rising Crypto Competitors
JasmyCoin surged 26%, then settled, driving a 600% spike in trading volume to $422M, with a market cap hitting $1.4B. New cryptos like Mollars also gain traction. #PriceInfo
Cardano Founder Reveals Bitcoin’s 50-Year Evolution
Charles Hoskinson, founder of @Cardano, traces Bitcoin’s 50-year journey from cryptography in 1974 to its 2009 launch by Satoshi Nakamoto, highlighting key innovations. #CryptoHistory #Blockchain
Crypto Users Targeted by Fake Chrome Extension
Trader @doomxbt lost $70K due to a malicious Chrome extension stealing funds by manipulating cookie data. Fake Aggr app targeted Binance users. Security awareness is crucial. #Crypto #SecurityUpdates
SEC Fined $1.75M for Misconduct in Debt Box Case
U.S. District Judge Robert J. Shelby orders @SECGov to pay over $1.75M in legal fees and costs for misleading conduct in the Debt Box case. #Regulation #Accountability
Anzen Finance Secures $4M for RWA Platform
Anzen Finance raised $4M in seed funding to boost its USDz stablecoin, backed by tokenized real-world assets, across various blockchain networks. Key investors include Mechanism Capital & @circlepay. #DeFi #Updates
Semler Scientific Acquires 581 BTC for $40 Million
Semler Scientific acquires 581 BTC for $40M, designating Bitcoin as its main reserve asset. Chairman Eric Semler cites Bitcoin’s scarcity as a hedge against inflation. $BTC #Analysis