Shiba Inu’s layer-2 scaling solution, Shibarium, has seen exponential growth over the past day according to recent data. The total number of addresses on the Shibarium network has tripled to 337,000 in just 24 hours. Alongside the flood of new addresses, transaction activity is also skyrocketing. Over 540,000 transactions have
Grayscale’s recent win against the United States SEC in its fight to convert its Grayscale Bitcoin Trust (GBTC) to a spot Bitcoin ETF was significant. Since July 2021, shares of Grayscale Bitcoin Trust rose the highest on Tuesday. August 29 saw a 17% increase in the price of GBTC shares,
In the midst of a bear market, a glimmer of hope emerges with recent news regarding Grayscale Investments, a crypto asset manager. It has achieved a significant victory against the United States Securities and Exchange Commission (SEC) in its pursuit to transform the Grayscale Bitcoin Trust (GBTC) into a publicly
FactBlock, a Web3 ecosystem accelerator and the organizer of KBW2023, along with co-host Hashed, a well-known Web3 venture fund based in South Korea, are excited to make this announcement that participants attending the 6th Edition of the Korea Blockchain Week will have the opportunity to hear from the most influential
Grayscale Bitcoin Trust’s win against the SEC has sparked a flurry of activity in the crypto market. In the last 24 hours, the cryptocurrency market has seen $171 million in liquidations, with $119 million coming from shorts. According to statistics from Coinglass, the discount between Grayscale’s Bitcoin Trust (GBTC) price
A move to submit court papers under secrecy has been filed on behalf of the U.S SEC in its civil lawsuit against Binance. More than 35 documents, a statement from Jennifer Farer (a trial attorney for the SEC), and a proposed order were all included in the request. The SEC
DFINITY developers, the developers building on the Internet Computer Protocol, announced that the ICP community has adopted all the proposals. Moreover, the 1-proposal of the SNS initialization feature is enabled. In August 2023, the NNS voted to release the new version of SNS with a new and simplified process. All
On Tuesday, the federal appeals court ruled that the Securities and Exchange Commission (SEC) must reevaluate the application of Grayscale Investments, a crypto asset manager, to launch the first bitcoin exchange-traded fund (ETF). This ruling marks a setback for SEC Chair Gary Gensler’s attempts to regulate the burgeoning crypto sector.
ZTX, a prominent builder of metaverse and web3 platforms, has just completed a rapid and highly effective onboarding campaign over the weekend. With a limited-edition virtual hoodie airdrop, ZTX has attracted more than 200,000 new user wallets on Arbitrum, the Ethereum scaling solution that is known for its high-throughput, low-cost
X (twitter), the social media network owned by Elon Musk has been granted permission to provide crypto wallet services in one US state. A recent filing indicated that the firm has been issued a Currency Transmission License by the state of Rhode Island. The platform may now legally provide crypto
