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Bitcoin, Ether in Stasis as SEC ETF Decision Looms, Nvidia Hits Record High

Bitcoin, Ether in Stasis as SEC ETF Decision Looms, Nvidia Hits Record High

There is a 90% probability the SEC will approve a spot ether ETF, one observer said, drawing attention to the narrowed discount in the Grayscale Ethereum Trust.

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StarkWare unveils new ZKThreads framework in its ‘fractal scaling’ arsenal

StarkWare, in collaboration with Cartridge, has introduced a new scaling framework named ZKThreads.

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BlackRock, Grayscale, Bitwise File Updated 19B Forms in Rush for Ethereum ETF

All the updated forms removed the provisions for staking ether, which some say was causing a regulatory roadblock.

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FTX Fraudster Sam Bankman-Fried Being Transferred to New Prison: WSJ

The location of the new prison is undisclosed as of early Thursday, but is thought to be in California, WSJ said. He is likely to be placed in a medium-security prison.

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Gate.io affiliate withdraws license application in Hong Kong, winds down local services

The platform urged users to withdraw assets by August 28, saying that it would delist all tokens on May 28 to adhere to local rules.

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Spot bitcoin ETFs maintain positive momentum as FIT21 bill passes House vote

The 11 spot bitcoin ETFs in the U.S. reported a total daily net inflow of $153.91 million on Wednesday, led by BlackRock’s IBIT.

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Ethereum Layer 2 Taiko announces ‘genesis airdrop’ ahead of mainnet

Taiko, an Ethereum Layer 2 rollup project, plans a ‘genesis airdrop’ distributing 5% of its 1 billion token supply ahead of its mainnet launch.

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Montenegrin Justice Minister discusses Do Kwon with US SEC in recent meeting

Do Kwon, the former Terraform Labs chief, is still in Montenegro waiting for his extradition decision.

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The Financial Innovation and Technology for the 21st Century Act Is a Watershed Moment for Our Industry

Go to Source Author: Kristin Smith

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US House passes market structure bill to regulate the crypto industry

The U.S. House of Representatives passed a crypto market structure bill that aims to regulate the industry at large.

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