Crypto
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Crypto Biz: Solana’s rise, BlackRock’s growing BTC exposure, and more
This week’s Crypto Biz explores Solana’s comeback, BlackRock funds’ growing exposure to Bitcoin, Riot Platforms’ bid for Bitfarms, Semler Scientific using BTC as a treasury reserve, and more. Source link
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US President Joe Biden vetoes SAB 121 repeal
United States President Joe Biden said he vetoed the resolution because “he will not support measures that jeopardize the well-being of consumers and investors.” Source link
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Bybit restructures executive team following $26M airdrop fiasco
Bybit confirmed internal role changes for several executives following a botched airdrop that affected 320,000 users and led to a $26 million compensation payout. Source link
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Ripple CEO says XRP ETF 'inevitable' — Consensus 2024
Brad Garlinghouse said he believes the market is headed toward a $5 trillion valuation and that the advent of XRP, SOL, and other crypto ETFs is a matter of time. Source link
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Paraguay seizes 2,738 ASICs as power theft crackdown continues
Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it. Source link
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Why is Bitcoin stagnated despite $2B in spot ETF inflows?
Reasons for BTC’s weakness include Mt. Gox coin movements, regulatory actions, and the U.S. Senate’s anti-crypto lobby. Source link
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TradFi execs say crypto derivatives will play larger role in Bitcoin’s future
Experts say BTC and ETH derivatives will be instrumental in integrating crypto to TradFi and sending each to new all-time highs. Source link
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EOS Network approves new tokenomics, promises ‘new era’
EOS is shifting to a fixed supply of 2.1 billion tokens and introducing halving cycles amid ongoing community skepticism and past regulatory challenges. Source link
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CertiK announces CertiK Ventures to boost blockchain development
CertiK Ventures aims to drive on-chain innovation by supporting security-first projects, fostering key partnerships, and making strategic investments. Source link
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How billions in outflows from Grayscale could impact Ethereum ETF launch
Outflows from the Grayscale Ethereum Trust (ETHE) could dampen the Spot Ethereum ETF approval party but create significant opportunities for traders. Source link
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