Gemini Founders Donate $2M in Bitcoin to Support Trump
Cameron and Tyler Winklevoss have donated 30.94 Bitcoin, valued at $2 million, to former President Donald Trump’s campaign. Former US President Donald Trump, who plans to run for office again in 2024, has received a donation of 30.94 BTC, or almost $2 million, from the founders of the Gemini cryptocurrency exchange, Cameron and Tyler Winklevoss. […]
LayerZero Price Suffers Harsh Reversal as Traders Bet on Rebound
The price of LayerZero experienced a severe turnaround on Friday, wiping out any gains gained following its airdrop on Thursday. After reaching a high of $4.57 this week, LayerZero fell to $3. The token’s market capitalization decreased to $745 million, below the $1 billion threshold, as it declined. As anticipated, LayerZero’s price dropped during […]
Fidelity Updates Spot Ether ETF Application
Fidelity has again revised its application for a spot Ether exchange-traded fund (ETF). Fidelity has amended its Form S-1 Registration Statement, which is necessary to register investments for public sale, under a filing with the U.S. Securities and Exchange Commission (SEC) on June 21. The new filing indicates that FMR Capital, an affiliate of Fidelity, […]
PancakeSwap to Launch AI Portfolio Management Tool
The decentralized crypto exchange PancakeSwap is preparing to launch CupcakeHop, an artificial intelligence (AI)-powered portfolio management tool. The tool, supported by PancakeSwap and developed by Bril Finance, is intended to enhance the administration of decentralized finance (DeFi) investments. CupcakeHop, scheduled to debut in August, is designed to provide real-time risk management and customized investment strategies […]
Nigerian SEC Modifies Digital Assets Rules, Compliance Program
The Nigerian Securities and Exchange Commission (SEC) has modified its regulations regarding Digital Asset Issuance, Offering Platforms, Exchange, and Custody. The SEC disclosed its intentions to revise these indispensable regulations in an official notification to the public. The amendment process aims to improve the regulatory environment by ensuring it is more comprehensive and adaptable to […]