.@BitwiseInvest, @Grayscale, and @BlackRock updated their $ETH ETF applications with the SEC. Borroe Finance’s presale raised $4.6M, showcasing strong interest in decentralized finance and web3 innovations. #Updates
Hong Kong’s SFC will inspect crypto platforms for VATP licenses after June 1, focusing on client protection and compliance. Only @OSL and Hash Blockchain hold full licenses. #CryptoRegulation #Updates
Chainge secures $13M from GEM Digital Limited and Alpha Token Capital to enhance its AI-driven cross-chain trading solutions, supporting 55 networks with over $1B in trading volume. #AI #Crypto #Updates
Mt. Gox denies reports of a $10B Bitcoin ($BTC) and Bitcoin Cash ($BCH) selloff, reassuring stakeholders that funds are secure and repayments are in preparation. #Updates #CryptoNews
FLOKI’s price surged 14% on May 28 following the launch of its Telegram trading bot beta, supporting Ethereum, BNB Chain, and Coinbase’s Base. Users provide feedback to enhance performance. #CryptoNews #Updates
Bitget’s May 2024 Proof-of-Reserves report shows a strong 169% reserve ratio, with Bitcoin reserves at 295% and Ethereum at 209%. USDT and ETH user assets grew 64% and 72%. #Crypto #Updates
Nexo integrates @TheTieIO’s real-time analytics, enhancing market insights with stats from X (formerly Twitter), on-chain activity, and more. Q1 2024 saw a $4.29 trillion trading volume. #Analysis #Updates
Russia’s top metal producers now use $USDT for cross-border trades with China, bypassing sanctions risks. This move highlights the role of #cryptocurrencies in global trade. #Analysis
Celestia’s $TIA token surged 13% in 24 hours, driven by social media buzz. Trading volume jumped 107%, with open interest up 12%, signaling potential volatility. #PriceInfo #Analysis
Soros Fund Management led by George Soros invested $257M in MicroStrategy, acquiring convertible bonds. MicroStrategy shares surged nearly 500% in 2024, expanding Bitcoin holdings. #crypto #investment
The American spot Bitcoin ETF sector saw a $251.94M inflow on May 27, 2024, led by @BlackRock with $182M. This growth underscores rising investor confidence in Bitcoin ETFs. #Crypto #Bitcoin
The Sandbox launches a community-driven DAO, allowing $SAND and LAND holders to vote on network improvements. Despite a 94.7% drop from its 2021 high, it remains popular. #Updates
Digital currency Bakong by @NBC_CentralBank boosts riel use with $70B in transactions, nearly double Cambodia’s GDP. Facilitates payments with Thailand, Laos, Vietnam, and China’s UnionPay. #Finance #CBDC
The European Securities and Markets Authority (@ESMAComms) is scrutinizing Maximum Extractable Value (MEV) as market abuse under MiCA. Regulated crypto firms in the EU must report MEV cases. #CryptoRegulation #Blockchain #Analysis
