JPMorgan Doubts SEC Approval of XRP, SOL, SHIB ETFs
JPMorgan doubts the SEC will approve XRP, SOL, and SHIB ETFs due to its strong view of most cryptocurrencies as securities. JPMorgan is cautious about the likelihood that the US SEC will approve comparable exchange-traded funds (ETFs) for Solana (SOL), XRP, and Shiba Inu (SHIB) amid recent positive developments in the space of crypto ETFs, […]
Taiko Thanks Vitalik Buterin, Ethereum Mainnet Layer 2 Launch
Taiko thanks Vitalik Buterin as it launches on Ethereum mainnet, emphasizing the project’s focus on scalability, security, and community engagement. Officially launching on the Ethereum mainnet, Taiko, a prospective Ethereum Layer 2 protocol, has expressed appreciation to Vitalik Buterin, the founder of Ethereum. Ethereum co-founder Vitalik Buterin’s proposal for the inaugural transaction further emphasized the launch, […]
MEV Deemed “Illegal” Market Abuse Under EU MiCA Regulation
The European Union (EU) has purportedly identified Maximum Extractable Value (MEV) as illegal market abuse under MiCA regulations. Under the Markets in Crypto Assets (MiCA) regulation, the European Union (EU) has identified Maximum Extractable Value (MEV) as an explicit illustration of an illicit market manipulation tactic. ESMA Protests MEV Market Abuse The European Securities and […]
NORMIE Exploit Reduces $1.1 Million Investment to Below $150
Reportedly, the exploit has cost a trader over $1.1 million, while the NORMIE team has been in negotiations with the exploiter to recover the stolen funds. The NORMIE meme coin experienced a significant depreciation of over 99% in value in a single day, as opposed to the substantial gains observed in the broader meme coin […]
Vitalik Buterin Proposes Ethereum Layer 2 Taiko’s First Block
Ethereum co-founder Vitalik Buterin was optimistic as he suggested the first block before Taiko’s Layer 2 mainnet debut, showcasing the network’s scalability. Ethereum (ETH) co-founder Vitalik Buterin has put forth the initial block in the preparation of Taiko mainnet. The Layer 2 scaling firm has reached a momentous milestone with this development. Buterin conveyed his high regard […]