Grayscale Modifies Ethereum ETF Again
Grayscale Investments, a crypto asset management company, has submitted an amended 19b-4 for its Ethereum ETF application. James Seyffart, a senior ETF analyst at Bloomberg, disclosed this information on X as the company had previously filed an update on May 21. The United States Securities and Exchange Commission (SEC) is anticipated to approve the Ethereum […]
Jupiter Exchange Launches Giant Unified Market on Solana
Jupiter Exchange started the Giant Unified Market (GUM) project to combine many kinds of investment into one market on the Solana blockchain. The GUM Alliance aims to create a unified market that will facilitate easier and more direct trade between various investments, including stocks, currency, real-world assets, and meme coins. This partnership intends to add […]
Crypto, Tech Firms Form ‘Tech Against Scams’ to Combat Fraud
Coinbase has led a coalition of prominent tech companies, advocacy organizations, and crypto firms to form a ‘Tech Against Scams’ partnership to curb industry fraud. Recently, Match, Kraken, Gemini, Ripple Labs, Meta, and the Global Anti-Scam Organization (GASO) joined Coinbase to announce establishing the “Tech Against Scams” safety and education initiative. Tech Against Scams endeavours […]
Applicants for Ethereum ETFs Submit 19b-4 Forms
The U.S. Securities and Exchange Commission (SEC) received the 19b-4 paperwork from five Ethereum (ETH) spot ETFs applications. Just twenty-five minutes before the deadline, ETH ETF applicants Fidelity, VanEck, Invesco/Galaxy, Ark Invest, and Franklin Templeton submitted their Amended 19b-4 forms to the SEC, according to Bloomberg Intelligence analyst James Seyffart. The analyst claims the ETF […]
US to Transfer SBF to California Prison
Officials plan to transfer former FTX CEO Sam Bankman-Fried to a California prison near his parents, despite his lawyers’ appeal to keep him in New York. Sam “SBF” Bankman-Fried, the former CEO of FTX, is allegedly being transported by officials from New York to a federal facility in California, which is close to his parents’ […]