Author: CryptooTimes
Stephen Richardson’s view aligns with Bloomberg’s ETF analysts, who expect the spot Ether ETFs to capture 10-20% of the flows that Bitcoin ETFs did at launch. Source link
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The FTX estate has liquidated its remaining shares in Anthropic, the artificial intelligence (AI) company known for the Claude chatbot. The latest bankruptcy filings from the FTX estate show that it sold 15 million Anthropic shares at $30 each, netting over $452 million. The bankrupt FTX sold its remaining 15 million shares in the artificial intelligence startup Anthropic at $30 per share, netting more than $450 million. FTX initially invested $500 million in Anthropic, and now has a total gain of $1.3 billion. However, the legal and…— Wu Blockchain (@WuBlockchain) June 2, 2024 G Squared leads purchase According to the…
Cointelegraph speaks to the once-anonymous founder of Nirvana Finance, revealing how one random Telegram message led to the capture of the exploiter that stole $3.5 million from the protocol. Source link
ETH ETF IMPLICATIONS – The U.S. Securities and Exchange Commission approved key regulatory filings for proposed exchange traded funds (ETFs) linked to the price of the Ethereum blockchain’s native cryptocurrency, ether (ETH) – after months of speculation that regulators would likely deny the instruments. While most Ethereum supporters likely applauded the step, since the ETH token’s price rallied, the developer shop Consensys couldn’t resist the opportunity to tweet that “this seemingly last-minute approval is yet another example of the SEC’s troublesome ad hoc approach to digital assets.” Consensys, which is suing the agency, argued that the approval might mean Ethereum…
China and the United Arab Emirates (UAE) have pledged to enhance their cooperation in combating cybercrime associated with cryptocurrency. The latest commitment was made through an official May 30 joint statement following the state visit of UAE President Mohammed bin Zayed Al Nahyan to China. The announcement comes as Hong Kong data shows a spike in crypto fraud activity between 2022 and 2023. The joint statement highlighted specific areas of concern, including telecommunications network fraud and online gambling. Both nations aim to curb illegal activities that may exploit cryptocurrencies, showcasing a shared determination to tackle these issues. In addition to…
Only 10.6% of the total Ether supply is currently on centralized crypto exchanges, its lowest level in years. Source link
AUSTIN, TX — Goldman Sachs, the 150-year-old investment bank, is getting deeper into crypto, according to the firm’s global head of digital assets, Mathew McDermott. The executive, a 19-year veteran of the bank, helped found its digital asset desk in 2021 and has since led efforts to introduce a suite of products and services including liquidity in cash-settled derivatives, options and futures crypto trading. Source link
Cathie Wood’s Ark Investment Management has withdrawn from the race to launch a spot ether exchange-traded fund (ETF), with its name removed from the application filed with 21Shares. 21Shares has submitted an updated application for its Ethereum spot ETF, rebranding the fund from Ark 21Shares Ethereum ETF to 21Shares Core Ethereum ETF. Ark Invest has also ended its partnership with 21Shares regarding this ETF. The amended Form S-1 shows no changes to the fees. Despite acknowledging Ethereum’s potential and long-term value, a representative from Ark Invest confirmed that the firm decided not to proceed with an Ether ETF, citing a…
It’s scientist versus business mogul as X.com’s biggest nerd fight plays out in real time. Source link
