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Crypto News
Sui Foundation Calls Report of Supply Manipulation ‘Materially False’
SUI, the native token of the blockchain that was built by former Meta (META) employees, has tumbled by 5% on Tuesday after the community raised concerns over whether the team had been selling staking rewards on Binance.
BC Technology Denies Report of $128M Crypto Exchange Sale
Firm calls report by Bloomberg “factually inaccurate and highly misleading.”
EU Formally Agrees on New Crypto Tax Data Sharing Rules
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Market Wrap: Bitcoin Hovers Above $28K After ETF Reports Prove False
Meanwhile, the market continues to trend downwards amid higher-than-expected U.S. PPI and CPI Data
Uniswap Labs to Charge 0.15% Fee on Crypto Swaps Involving ETH, USDC, Other Tokens
The entity behind popular DeFi exchange Uniswap will levy a small fee – the first in its history.
What’s All the Fuss About Bitcoin ETFs?
Fake news of SEC approval for a spot Bitcoin ETF sent markets higher. Why are traders so obsessed with this new product?
Wipe Out — Fake SEC Approval Report Erases $71M in Bitcoin Short Positions
In the wake of fabricated news asserting the U.S. Securities and Exchange Commission (SEC) green-lit Blackrock’s Ishares spot bitcoin exchange-traded fund, short positions worth $78.92 million were cleared out. This sum represented…
Manta’s Layer-2 Blockchain Already Plans to Ditch OP Stack for Polygon
The network, which just went live a couple weeks ago as a so-called optimistic rollup – the core underpinning of OP Stack – will now become a “ZK-rollup,” which is what Polygon’s software kit provides.
The Ripple Effects of a Spot Market Bitcoin ETF
Financial giants including BlackRock and Fidelity are looking to launch a bitcoin investment vehicle for people who do or cannot hold bitcoin directly.
What’s Next for Grayscale, Spot Bitcoin ETF After SEC Declines to Appeal Court Loss?
One analyst believes SEC Chair Gary Gensler has little choice but to soon approve the long-awaited vehicle.