Hacked exchange Mt. Gox to finally start refunds May 31, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. Mt. Gox, the first major Bitcoin exchange based in Japan, was moving up to 70% of all Bitcoin volumes in its heyday. When it was hacked in [...]
FTX Cleanup continues as Co-CEO sentenced May 30, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. One of Sam Bankman-Fried’s key lieutenant’s, Ryan Salame, formerly Co-CEO of FTX Digital Markets, received a 7.5 year prison sentence in a court in the Southern District [...]
Celebrity influencer endorsements continue to backfire May 29, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The latest twist in the saga of celebrities endorsing low quality crypto projects to their followers happened last Sunday. Caitlyn Jenner, Olympic Gold winner and Fox news [...]
Cryptocurrency lands on the London Stock Exchange May 28, 2024 A series of product providers have received approval to launch crypto products on the London Stock Exchange.
ETH ETF Approval, FIT21 Passing and Trump Support Signal New Crypto Era May 28, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. The last few days have brought significant developments for the legal standing of the cryptocurrency industry. First, the US House of Representatives passed the first crypto regulation [...]
House of Representatives pass clarity-seeking FIT21 bill with bipartisan support May 24, 2024 On Wednesday, the US House of Representatives voted on the Financial Innovation and Technology for the 21st Century Act (FIT21) bill. The bill passed 279 to 136, with support from both Republicans and Democrats. This week has been one of the most progressive ever for US crypto policy.
FCA approves London Stock Exchange launch of Bitcoin and Ethereum ETPs May 23, 2024 As approval of a US spot Ethereum ETF edges closer, the UK’s Financial Conduct Authority has also given the go-ahead for WisdomTree Funds to launch their own Bitcoin and Ethereum physically-backed Exchange Traded Product (ETP) on the London Stock Exchange.
Ethereum spot ETF approval odds increase as crypto voters influence US election May 22, 2024 Before Monday, the hopes of Ethereum’s US spot Exchange Traded Fund (ETF) approval seemed slim. Bloomberg ETF Analysts, such as Eric Balchunas and James Seyffart, had put the probability of approval at around 25%.
Pump.fun’s $1.9 million attacker claims exploit was about sending a message May 21, 2024 Each day, Coinrule will run through the state of the digital assets market for Blockbeat, your home for news, analysis, opinion and commentary on blockchain and digital assets. So far this cycle, meme tokens have played an outsized role compared to previous cycles. They have not only provided some of the best returns, but have [...]
Not even debt is stopping young people from investing May 20, 2024 Despite fears that young people aren't investing enough, it turns out they are, even if they shouldn't be.