A Rabbit spokesperson claimed that the Gama team was forthright with the open-sourcing of the project and that the allegation was false.
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Justice Neil Gorsuch emphasized that arbitration is a matter of contract and parties can agree to have an arbitrator resolve threshold arbitrability questions.
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Gambaryan missed a court appearance on tax evasion charges but managed to attend the money laundering trial on the same day.
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Kabosu, the Shiba Inu who became an internet sensation and the face of Dogecoin, passed away peacefully. The crypto community honors her legacy.
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The Algorand Foundation’s latest ad takes a swipe at the “big three” crypto networks, saying they’re too slow, too expensive or prone to failure.
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A cryptocurrency themed around the adorable Winnie the Pooh character has boosted the fortunes of its holders after raking in big gains lately.
What Happened: POOH POOH/USD, created solely for entertainment purposes, jumped 46% in the last 24 hours, according to CoinMarketCap data. Over the past week, its value has more than doubled.
With the parabolic lift, the token’s market cap surged past $17 million. Around $3.42 worth of trades involving POOH were executed in the last 24 hours, marking an increase of 17.66%. The surge comes at a time when the more popular currencies like Bitcoin BTC/USD, and Ethereum ETH/USD and Dogecoin DOGE/USD exhibited sluggishness.
Despite having a…
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A multi-million bet on “Ethereum ETF approved by May 31” resolved to a “Yes” on Polymarket as news from the SEC broke, but the losing side argues it’s not over yet.
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Crypto commentators suggest there could be two reasons why the price of ETH hasn’t rocketed in the wake of spot Ether ETF approvals.
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In a surprising turn, the U.S. Securities and Exchange Commission (SEC) approved eight spot Ethereum (ETH) exchange-traded funds (ETFs), marking a significant milestone for the cryptocurrency industry. The approved ETFs come from major financial firms, including BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton. This decision, confirmed through an omnibus order, allows these issuers to move forward with their 19b-4 forms, though their S-1 registration statements must still go effective before trading can begin. Analysts speculate this process could take weeks to months, depending on the SEC’s efficiency.
The approval was unexpected, given the SEC’s previous lack of engagement with issuers regarding Ethereum ETFs. This sudden change, described as unprecedented and potentially politically influenced, caught many by surprise, including parts of the SEC itself. The shift follows a bipartisan push from House lawmakers urging the SEC to approve the ETFs for consistency and legal coherence with previous Bitcoin ETP decisions. As anticipation grew, the Grayscale Ethereum Trust’s discount narrowed significantly, reflecting market optimism. While Ethereum ETFs may not match the massive inflows of their Bitcoin counterparts, they are still projected to attract substantial investments, estimated between $5 to $8 billion, a robust figure for any ETF launch.
SEC
That doesn’t mean the securities regulator can’t still pursue action against actors in the staking domain, industry analysts and lawyers warn.
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