HashKey Reaches Unicorn Status
HashKey Group, the operator of a Hong Kong-based crypto exchange, announced on Tuesday that it has almost reached its fundraising goal of $100 million.
SEC’s Approval of Ethereum ETFs is Not Certain in Near Future
According to investment bank TD Cowen, it is unlikely that the US Securities and Exchange Commission will approve spot Ethereum exchange-traded funds (ETFs) in the near future.
GameStop Closes its NFT Marketplace
GameStop has issued a warning to its users that it will be gradually discontinuing its NFT marketplace next month due to uncertainty surrounding regulations.
Fidelity: Fed Rate Cut Will Benefit DeFi and Stablecoins
Fidelity predicts that institutions will once again become interested in DeFi products and stablecoins if traditional finance (TradFi) yields decrease due to the Federal Reserve’s policies.
Vitalik Buterin Makes Proposal to Increase Gas Limit By 33%
Ethereum co-founder Vitalik Buterin has proposed a modest increase in the gas limit.
X Drops Support for NFT Profile Avatars
Social platform X quietly removed the option to set NFTs (non-fungible tokens) as profile pictures.
South Korea’s Regulator: Bitcoin ETFs Could Violate Local Law
According to a statement released by the Financial Services Commission (FSC) of South Korea, there may be a violation of Korean law by US Bitcoin ETFs that have recently been listed.
