News – Archive

SEC Greenlights ProShares and Grayscale Mini Spot Ether ETFs, Trading Set for July 23
The SEC has approved the 19b-4 applications for Grayscale Ethereum Mini Trust and ProShares Ethereum ETF.
Trading for these ETFs is scheduled to commence on July 23, 2024.
The approval is seen as a significant step in the mainstream adoption of cryptocurrencies.
In a landmark decision for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has approved the 19b-4 applications for the Grayscale Ethereum M…

Cryptocurrency Exchange WazirX Hacked for $230M, North Korea Suspected
Indian cryptocurrency exchange WazirX suffered a major security breach, losing over $230 million in assets.
The attack targeted a multisig wallet, leading to the unauthorized transfer of funds.
Blockchain security firm Elliptic suggests North Korean hackers are likely behind the breach.
Stolen assets include $100 million worth of Shiba Inu (SHIB) tokens and $52 million in Ethereum (ETH).
The incident has raised concerns about t…
VeWorld Wallet Integrates Apple Pay for Enhanced $VET Accessibility
VeWorld Wallet now supports Apple Pay for $VET purchases, thanks to its integration with Transak.
This integration simplifies the process of buying $VET, making it more accessible to a wider audience.
The move is part of VeChain’s strategy to promote mainstream adoption of cryptocurrencies.
The integration with Apple Pay aligns VeChain with a globally recognized payment system, potentially opening new markets for the platform…

Grayscale Launches Groundbreaking Decentralized AI Fund
Grayscale Investments introduces the Grayscale Decentralized AI Fund.
The fund targets protocols building AI services, solutions to centralized AI problems, and critical infrastructure for AI development.
The initial basket of tokens includes Bittensor, Filecoin, Livepeer, Near, and Render.
As of July 16, 2024, the fund components and weightings were: Near (NEAR) at 32.99%, Filecoin (FIL) at 30.59%, Render (RNDR) at 24.86%, Livepe…
| AI, Cryptocurrencies, Front page, News

HKMA Takes a Stand on Stablecoin Regulation in Hong Kong
The Hong Kong Monetary Authority (HKMA) has concluded its consultation on stablecoin regulation, proposing a new licensing regime for stablecoin issuers.
The move aims to enhance regulatory oversight and ensure the stability and security of stablecoins in Hong Kong.
Issuers of fiat-referenced stablecoins will be required to obtain a license from the HKMA, with specific requirements on reserve assets and monthly attestations.
The p…
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