Category: Latest news
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Osmosis founder envisions Cosmos as Bitcoin’s application layer in DeFi future
[ad_1] In a recent episode of the SlateCast, Akiba and Nate welcomed Sunny Aggarwal, the founder of Osmosis, for an insightful discussion about the Cosmos ecosystem, the rise of hyperbitcoinization, and the future of DeFi. Hyperbitcoinization and the Role of Cosmos Sunny expressed his long-standing vision of building the app layer for Bitcoin, a goal…
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SEC suspected Ethereum was a security since 2018, new Consensys documents reveal
[ad_1] The Gary Gensler-led Securities and Exchange Commission (SEC) began investigating Ethereum’s security status last year, according to an April 29 court filing by Consensys. The filing disclosed that Gurbir Grewal, the Director of the Division of Enforcement, sanctioned the Formal Order of Investigation concerning ‘Ethereum 2.0’ in March 2023. This Formal Order conferred broader…
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Tether invests $200 million to reach ‘ultimate’ goal of putting computers in people’s brain
[ad_1] Tether, the largest company in the digital asset industry, has announced a strategic investment of $200 million into Blackrock Neurotech, a leading pioneer in Brain-Computer-Interface (BCI) technology. This significant move marks the unveiling of Tether’s new venture division, Tether Evo, which CEO Paolo Ardoino describes as “the ultimate pillar of its long-term vision and…
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Polkadot parachain Peaq receives major migrations from decentralized mapping projects
[ad_1] Polkadot-related Peaq, a layer-1 blockchain network tailored for Decentralized Physical Infrastructure (DePIN) and Real-World Assets (RWAs), saw adoption from two major DePIN projects, MapMetrics and Natix Network, last week. MapMetrics migration On April 25, Web3 drive-to-earn platform MapMetrics revealed that it was migrating from the Solana blockchain to Peaq to enjoy the several features…
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Grayscale’s outflows slow as investor interest in altcoins like Solana, Polkadot rises
[ad_1] Inflows into the Newborn Nine ETFs fell by more than 50% during the past week to $126 million from $254 million, according to CoinShares weekly report. Per the report, these reduced inflows contributed to the third consecutive week’s outflow of $435 million—the largest outflow since March—that major crypto-related investment products recorded during the week.…
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VanEck lead charge as Australia prepares for Bitcoin ETF launch
[ad_1] Australia is poised to join the global trend of countries, including the US and Hong Kong, allowing their citizens to invest in Bitcoin exchange-traded funds (ETFs). ASX to approve Bitcoin ETFs Earlier today, Bloomberg reported that the Australian Securities Exchange (ASX) could approve its inaugural batch of spot Bitcoin ETF before the end of…
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Bitcoin market poised for potential bull trend resumption amid ongoing redistribution phases
[ad_1] Maksim Balashevich, CEO of crypto analytics firm Santiment, believes Bitcoin’s market conditions post-halving suggest a period of ongoing redistribution followed by a potential resumption of the bull trend. In a recent report, Balashevich and his team analyzed on-chain data to uncover nuanced behavioral patterns among market participants. “The present and the future,” Balashevich stated…
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Justin Sun predicts SEC rejection of Ethereum ETF in May, citing need for crypto education
[ad_1] Tron blockchain founder Justin Sun says the US Securities and Exchange Commission (SEC) would not approve an Ethereum exchange-traded fund (ETF) in May. In an April 28 post on X (formerly Twitter), Sun noted that the crypto industry still needs to prepare for a long-term education with regulators, especially in helping them understand how…
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The Battle Royale — what lies ahead amid regulatory clash and hack mayhem?
[ad_1] The following is a guest post by Nikita Ovchinnik, the Co-founder at Barter DeFi. DeFi may be “in the crosshairs” of the SEC, as Forbes magazine recently stated after the SEC action against Uniswap. Still, the matter raises valid concerns that DeFi simply must address for the sake of its future. According to Uniswap,…
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Navigating the Web3 startup landscape with limited funds
[ad_1] The following is a guest post by Nischal Shetty, co-founder and President at Shardeum. The bull market has shown signs of its arrival as the ecosystem looks forward to a market revival, which has been awaited for two years. In Web3, bear markets are generally considered the best time to build so that the…