Prometheum launches Ether custody service that treats ETH as a security: Report
The digital assets platform soft-launched its controversial Ethereum custody service on May 17 and is targeting a full launch next month. Go to Source
Month: May 2024
BDAG Enhanced Dashboard, Outperforming Retik Finance’s Debut
BlockDAG Unveils Revolutionary Dashboard, Leaving Retik Finance’s Uniswap Launch in the Dust – See the Future of Crypto! As anticipation builds for the upcoming Uniswap debut of Retik Finance, the cryptocurrency community remains vigilant, combining high hopes with cautious optimism. Retik Finance aspires to connect the crypto world with traditional finance systems like Visa and … Read more
Ethereum Jumps 18% Amid Speculation of SEC Approval for Spot ETFs
The value of ethereum (ETH), the second-largest cryptocurrency by market capitalization, has increased nearly 18% against the U.S. dollar due to speculation that the U.S. Securities and Exchange Commission (SEC) might approve some spot ether exchange-traded funds (ETFs). Market Buzz Lifts Ethereum to $3,691 On Monday, ethereum (ETH) reached an intraday peak of $3,691 per … Read more
Hong Kong Police Arrest Three in ‘Hell Money’ Cryptocurrency Scam
Hong Kong police have arrested three men at a currency exchange shop in Tsim Sha Tsui, a major tourist area, for allegedly presenting “hell money” to a customer, leading the customer to transfer approximately HK$1 million ($128,206) worth of cryptocurrency in exchange for cash. The suspects, aged between 31 and 34, were detained on suspicion … Read more
Ethereum price soars on spot ETF rumor — How are ETH options markets positioned?
Ethereum price soared to a 2-month high at $3,700 today as analysts significantly boosted their expectation that a spot ETH ETF could be approved. Go to Source
Ether surges 18% amid new hope for spot Ether ETFs approvals
If a 19b-4 spot Ether ETF filing be approved, analysts anticipate the SEC won’t immediately sign off on the S-1, which is required for the products to launch. Go to Source
Bitcoin to Reach $420K by Decade’s End, Says Ric Edelman
Ric Edelman, founder of Edelman Financial Engines, forecasts bitcoin will reach $420,000 by the decade’s end. He explained that if 1% of the world’s $738 trillion in financial assets were allocated to bitcoin, it would result in $7.4 trillion in inflows, raising bitcoin’s price to $420,000. Ric Edelman’s $420K Bitcoin Prediction Ric Edelman, a financial … Read more
Quantum Computing Poses Critical Threats to Blockchain Security, Warns Expert
Professor Massimiliano Sala, a professor of Mathematics at the University of Trento, warns that quantum computing poses significant threats to blockchain security. He highlights that quantum computers could solve problems foundational to digital signatures, compromising user assets on blockchain platforms. To mitigate these risks, Sala emphasizes the need to transition to quantum-resistant cryptographic systems. He … Read more
Ex-Florida congressman joins Coinbase Global Advisory Council
Stephanie Murphy, Tim Ryan, and Pat Toomey — all former U.S. lawmakers — are on the council advising Coinbase on regulatory matters. Go to Source
Indian Finance Minister: Crypto Regulation Needs Global Consensus
Indian Finance Minister Nirmala Sitharaman advocates for global consensus on cryptocurrency regulation, highlighting the need for international cooperation, particularly within the G20. She noted that while Indian regulators have differing opinions regarding how to treat crypto, there is currently no significant confusion. Indian Finance Minister on Crypto Regulation Indian Finance Minister Nirmala Sitharaman stressed the … Read more