Month: June 2024

The British multinational banking and financial services firm Standard Chartered is initiating a spot cryptocurrency trading platform for bitcoin and ethereum, Bloomberg sources reveal. Sources Say Standard Chartered Ready to Launch Bitcoin and Ethereum Trading Operations On June 21, Bloomberg’s Emily Nicolle cited sources knowledgeable about the plans, stating that Standard Chartered is on the […] Source: https://news.bitcoin.com/standard-chartered-set-to-launch-spot-crypto-trading-for-bitcoin-ethereum/

For years, countless crypto startups have tried—and failed—to get one innovation right: a sustainable, on-chain system for financially incentivizing online behavior (browsing social media, reading articles, watching videos) that rewards creators and consumers alike.  The concept, dubbed SocialFi, speaks to the heart of what crypto once promised: an escape from the iron grip of billionaire tech elites who monetize your…

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The U.S. District Court for the Northern District of California has issued an order granting in part and denying in part the motion for summary judgment in a lawsuit concerning allegations of securities law violations against Ripple Labs, XRP II, and Ripple CEO Brad Garlinghouse. Court Ruling on Ripple’s Securities Lawsuit The U.S. District Court […] Source: https://news.bitcoin.com/ripple-wins-partial-summary-judgment-in-securities-lawsuit/

Forget the old meme coins: a new frog-themed token is turning heads. Pepe Unchained (PEPU) has burst onto the scene this week with its presale, raising $200k and promising to be more than just another speculative crypto asset. This layer-2 solution aims to solve some of the key issues plaguing the meme coin space – […] Source: https://news.bitcoin.com/could-this-be-the-next-breakout-meme-coin-pepe-unchained-presale-begins-with-a-bang/

We’re thrilled to announce that LayerZero (ZRO) is now available on Kraken! Funding and trading ZRO funding and trading are live. Add your token to your Kraken account by navigating to Funding, selecting the asset, and hitting Deposit.  Make sure to deposit your tokens using Ethereum. Deposits made using other networks will be lost. Got ZRO? and a Kraken account?…

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U.S. spot bitcoin exchange-traded funds (ETFs) experienced their fifth consecutive day of outflows on Thursday, losing $139.88 million. Grayscale’s Bitcoin Trust (GBTC) led the decline with a $53 million reduction, followed closely by Fidelity’s (FBTC) $51 million loss. U.S. Bitcoin ETFs Experience Sustained Outflows The 11 spot bitcoin ETFs reported $1.16 billion in trade volume […] Source: https://news.bitcoin.com/fifth-day-of-outflows-hits-us-bitcoin-etfs-with-139-million-in-losses/

The Fantom Foundation has unveiled a treasury allocation of 200 million FTM, approximately $120 million USD, to expedite the migration of partners to its new Sonic network. This allocation includes native application grants, strategic grants to decentralized applications (dapps), and first-class infrastructure tools and partners for developers and users. The Foundation is said to be […] Source: https://news.bitcoin.com/fantom-foundation-allocates-120-million-to-accelerate-migration-to-sonic/