Stocks
Gala Games Receives $22 Million in ETH from Perpetrator of Security Breach
Blockchain gaming platform Gala Games has retrieved approximately $22 million worth of Ether (ETH) from the individual responsible for a recent “security incident.” The incident occurred on May 20 when the attacker minted Gala (GALA) tokens worth $200 million and sold a small portion of them before the wallet was…
Read More »Decentralized Social Protocol Farcaster Raises $150M in Funding Round Led by Paradigm
Decentralized social media protocol Farcaster has raised $150 million in a funding round led by Paradigm with participation from venture capital fund 16z crypto, Haun, USV, Variant, Standard Crypto and more. Farcaster launched by former Coinbase alumni, Dan Romero and Varun Srinivasan, has emerged as a prominent player among several…
Read More »Trump Embraces Crypto Donations, Plans to “Build a Crypto Army”
Donald Trump has reportedly become the first presumptive Republican presidential nominee to accept cryptos for official campaign donations. The former US President on Tuesday, launched a crypto fundraising page for eligible donors to contribute using the Coinbase Commerce product. The move comes weeks after he declared as the candidate for…
Read More »Deutsche Bank Infra Provider Taurus Expands to North America
The crypto technology provider Taurus announces the opening of its Vancouver office, marking tis expansion into the North American market. According to a press release shared with Cryptonews.com, the new office will cater to the growing interest in North America as financial institutions aim to launch more crypto services. Taurus…
Read More »Ethereum-themed Scam Targets South Korean Crypto Community
Fraudsters are targetting South Korean crypto users with an Ethereum-themed scam, token holders in the country said on May 21. According to the South Korean media outlet Asia Time, scammers are sending alarming text messages to smartphone users, warning them that their ETH coins will be “burned” on May 22…
Read More »Ethereum Soars As Analysts Predict Higher Likelihood of ETF Approval
Ether’s price has surged over 20% to around $3,792, fueled by rumors that US regulators might finally approve Spot Ethereum ETFs. The price surge has surprised traders as most anticipated the SEC would delay or reject the first ether ETF by Thursday. Standard Chartered is adding to the bullish sentiment.…
Read More »Russian Experts Say Bitcoin Bull Market Will Fall Short of 2017 Highs
The current Bitcoin bull market is falling short of the highs of 2017, Russian experts claimed on May 20. The comments came in a Bitcoin- and crypto-themed report from the Roscongress Foundation, one of Russia’s biggest development-focused NGOs and conference organizers. ‘Bitcoin Bull Market Fever Will Falter’ – Experts Weigh…
Read More »Best Crypto to Buy Now May 21 – Pepe, Arbitrum, Uniswap
As hype builds that spot Ethereum ETF approvals in the USA might be imminent and Ether pushes to fresh two-month highs above $3,800, traders are hunting for the best crypto to buy now that might hand them the quickest gains in the current market environment. Multiple potential Ethereum ETF issuers…
Read More »Is It Too Late to Buy Fantom? FTM Price Climbs as New AI Project Raises $2.2 Million
As the Fantom (FTM) price climbs to new monthly highs, investors are asking whether it might be too late to buy Fantom. Last at $0.8744, FTM is up 35% in the past seven days according to CoinMarketCap. A seemingly sudden shift in the SEC’s position on Ethereum ETFs has injected…
Read More »Former Treasury Official Graham Steele Gets Pushback On FIT21 Take After DIFA Petition Criticism
Former U.S. Treasury official Graham Steele is receiving backlash after he took to X Monday morning to scrutinize support for the Financial Innovation and Technology for the 21st Century Act (FIT21) ahead of its likely vote on Wednesday. Steele’s X post came in response to a social media petition created…
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