approval
* Ether's price nears $4,000, up 5% in 24 hours. * 27.5% weekly gain surpasses Bitcoin's 3.8% increase. * Analysts predict $4,500 target and Michael Saylor's ETH purchase. * DeFi TVL hits $117B, 60% on Ethereum network. * ETH breakout from falling wedge pattern signals
blockchain
* Sphere Labs introduces Telegram fiat on-ramp, off-ramp for bank-to-wallet transactions. * Service offers 0.1% fee per transaction for early users, launching May 27. * Users from non-sanctioned countries must link to USD or euro bank account. * Telegram hosts various crypto bots and apps, fostering blockchain ecosystem. * Telegram Open Network (TON) central
financial
* Nomura Holdings and GMO Internet Group partner for stablecoin issuance in Japan. * Partnership includes Laser Digital Holdings for trading solutions and asset management. * Focus on traditional stablecoin issuance, regulatory compliance, and stablecoins-as-a-service. * Japan passed legislation in 2022 to regulate stablecoins as non-securities. * Only licensed entities can issue stablecoins in Japan,
approval
* SEC approved spot Ethereum ETFs, sparking debate on ether's classification as commodity or security. * Consensys alleged SEC considered ether a security, while CFTC Chair called it a commodity. * Approval of Ethereum ETFs may signal a shift in SEC's stance on ETH's status. * Legal experts
ethereum
* Ethereum price surges 21% on optimism for US spot ETF approval. * Tension in Ethereum community over decentralization progress and token incentives. * Top developers clash over MEV practice, sparking heated debate on social media. * Conflict-of-interest accusations arise as Ethereum Foundation devs accept roles at EigenLayer. * Consensus conference in Austin next week
bitcoin
* Spot bitcoin ETFs in US attract interest and inflows, especially from institutions. * Advisors face client questions on direct bitcoin ownership vs. ETFs. * D.J. Windle creates "advisors guide" to navigate client questions. * Miguel Kudry answers questions on differences between BTC and ETH ETFs. * ETH ETFs introduce staking rewards,
binance
* Trial against Binance in Nigeria postponed to June 20 due to executive's illness. * Binance compliance head Tigran Gambaryan collapsed in court during trial for tax evasion and money laundering. * Gambaryan denied bail, faces charges of tax evasion and money laundering in Nigeria. * Court adjourned proceedings to June 20
approval
* SEC approval of Ether ETFs implies Ether is not a security. * Approval suggests other tokens may also be considered commodities. * Debate over Ether's security status may end with S-1 approval. * SEC may still pursue actors involved in staking Ether. * SEC did not confirm Ether's non-security status
bankmanfried
* FTX paid $25M+ to 6 whistleblowers for issues found. * One whistleblower was an FTX.US executive. * Whistleblowers alleged misleading regulators and investors. * FTX Group lacked a complete employee list during bankruptcy. * Former FTX employees resigned informally before collapse. * FTX founder found guilty of defrauding customers, sentenced to 25 years in
bitcoin
* U.S. spot bitcoin ETFs saw $948.3M in net inflows last week, fully recovering from previous outflows. * Fidelity's FBTC led with $344.5M in net inflows, followed by ARKB and IBIT. * Total net inflows since January surpassed $12.5B, but slowed from March peak. * Bitcoin price rose
ai
* NEAR Protocol launches NEAR AI lab led by Illia Polosukhin for decentralized AI research. * NEAR Foundation invests in AI projects to position itself in the evolving AI landscape. * Challenges in global open AI development highlighted by legal dispute between Musk and Open AI. * NEAR aims to democratize AI with decentralized
ethereum
* Lyra protocol predicts 20% chance of ETH hitting $5,000 by June, fueled by ETF optimism. * Traders favoring ETH call options above $5,000 strikes, indicating bullish sentiment. * Deribit CEO notes increasing demand for ETH call options, signaling positive market outlook. * $2.7 billion in Bitcoin and Ether options set