Author: CryptooTimes
The IMF has expressed its concerns about the possible outcome of the confiscation of Russian assets abroad as a consequence of the ongoing military conflict between the nation and Ukraine. Julie Kozack, a spokesperson for the institution, called for these actions to have a proper justification to avoid threatening the world’s financial system. IMF Calls […] Source link
It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week. Source link
President Biden’s emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property. Source link
Today’s edition of the weekly recap: Notcoin (NOT) faces a 50% price slump after airdrop debut; spot Bitcoin (BTC) exchange-traded funds (ETFs) record inflows to recover April’s losses amid a market rebound; the crypto industry witnesses a prevalence of regulatory and enforcement actions. Notcoin sees 50% slump after debut The Notcoin project debuted. Beforehand, the team announced a close of direct exchange deposits on May 14. They revealed plans to resume deposits after NOT’s listing on May 16. Crypto.news reported on May 16 that the play-to-earn blockchain project had airdropped 80.2 billion NOT to miners from The Open Network (TON)…
Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.” Source link
In the past few weeks, the Fantom Foundation has been pushing out its latest upgrade, codenamed Sonic. Currently, 25 out of the 60 nodes have completed the upgrade, according to a dashboard, and the chain will be officially upgraded once the new software hits two-thirds of the nodes. Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Solana and Ethereum navigate market challenges, Borroe Finance emerges as a promising investment, capturing investor interest with its unique defi solutions. In this dynamic market, investors are eagerly looking for a survival guide. Many top altcoins are succumbing to bearish pressure, including established coins like Solana (SOL) and Ethereum (ETH). However, Borroe Finance (ROE) has evolved as a reliable crypto investment. Is Solana ready for breakout? Solana has followed an elevated trend since the start of 2024. Bulls…
According to Judge Lane, any available funds for distribution by Genesis are being exhausted by creditor claims, which take priority over DCG’s equity stake. Source link
“Even if the first deadline of May 23, 2024 encounters a rejection, we think there is a high likelihood that litigation could reverse that decision,” the note said. “In the interim, we believe the structural demand drivers for ETH as well as the technological innovations within its ecosystem will enable it to continue straddling across multiple narratives.” Source link
Phishing scammers utilizing crypto drainers appear to be no longer directing stolen funds to centralized exchanges, turning instead to swap protocols and bridges. Cybercriminals operating drainers have changed their strategy significantly, with the majority of stolen funds now flowing into decentralized finance (defi) protocols, a notable change from 2020 when centralized exchanges were the primary destination. Data from Chainalysis reveals that in 2023, nearly 75% of funds stolen via crypto drainers were funneled into defi, a stark contrast to 2020, where over 90% ended up in centralized exchanges. Analysts at Chainalysis also observed that certain drainers appear to be utilizing…
