In a recent interview with CNBC, former SEC Chair Jay Clayton shared his insights on the potential approval of a Bitcoin exchange-traded fund (ETF) in the United States. Despite the SEC’s history of delaying decisions on various Bitcoin ETF proposals, Clayton expressed confidence that the regulatory body will eventually approve a spot Bitcoin ETF. This
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The Sui Network, known for its rapid growth and strong community support, is about to experience a significant event. On September 3rd, a massive number of SUI tokens worth approximately $18.7 million will be unlocked. This unlocking event could potentially have implications for the market dynamics of the altcoin in the coming days. In this
As the financial industry grapples with market unpredictability, yPredict emerges as a transformative project that aims to revolutionize financial forecasting. By combining traditional statistical models with advanced artificial intelligence technologies, yPredict promises to provide traders and investors with a multi-faceted approach to understanding market trends. With an initial fundraising of $3.69 million for its native
Web 3 platforms are currently facing significant challenges, with billions of dollars being lost to hacks and rug pulls. According to a recent report from Immunefi, a web3 bug bounty platform, these platforms have lost over $1.2 billion in 211 separate incidents this year alone. The month of August saw a surge in losses, particularly
Thailand is making headlines with its plans for a national airdrop. Every citizen over the age of 16 will receive 10,000 baht ($285) in a utility token. To facilitate this airdrop, the ruling Pheu Thai party is consulting with the Bank of Thailand to develop a “utility type 1” token. The process will involve implementing
As the Chimpzee presale moves to its eleventh stage, it has already surpassed the impressive milestone of $1.25 million. This success can be attributed to the overwhelming support from the community, who resonate with the project’s green mission and its utilization of blockchain infrastructure. Analysts predict a massive bull run and exponential growth in the
The digital identity project Worldcoin has been making waves in Argentina, with 9,500 Argentinians successfully verifying their World ID on the platform. This popularity is not surprising considering the country’s struggles with a struggling economy and rampant inflation. However, Worldcoin is now facing scrutiny and regulatory issues in multiple jurisdictions, including Argentina. Argentina has been
In the intricate dance of global finance, the relationship between traditional economic indicators and the burgeoning Bitcoin and cryptocurrency market is becoming increasingly intertwined. Recent macroeconomic data from the US suggests a cooling economy, which could have profound implications for Bitcoin and other cryptocurrencies. This article delves into the potential impact of a cooling US
South Korean prosecutors have recently made a significant move by requesting the arrest of Ahn Seong-hyun, a former professional golfer, and Lee Sang-jun, the CEO of Bithumb Holdings. The suspects are alleged to have engaged in listing tokens on the Bithumb exchange in exchange for bribes. This case has the potential to shake the crypto
The decentralized finance (DeFi) space has witnessed significant growth and innovation in recent years. One such development is the launch of GMX, a decentralized perpetual exchange offering swaps and leverage trading. GMX quickly gained traction in the DeFi community, demonstrating its potential as an effective Ethereum L2 scaling solution. In this article, we will critically