Eclipse CEO Resigns After Being Accused of Harassment
Layer 2 project Eclipse has announced the appointment of Vijay Chetty as its new CEO, following the resignation of Neil Somani amid allegations of sexual harassment.
CME Plans to Offer Bitcoin Trading Service
Chicago Mercantile Exchange (CME), renowned for operating one of the largest futures exchanges in the US, is reportedly planning to introduce spot Bitcoin trading for its clients.
US Senate Passes Bill to Overturn SEC Crypto Rule
The US Senate has recently passed legislation H.J.Res. 109, which aims to overturn the SEC’s Staff Accounting Bulletin (SAB) No. 121.
El Salvador Mines 474 BTC in 3 Years
Since 2021, El Salvador has produced 473.5 BTC, valued at approximately $29 million, through a state-owned geothermal power plant utilizing volcanic energy, according to Reuters.
Solana Will Reach $400 by November: Expert
Solana is predicted to rise to $400 by November 2024, driven by a surge of meme coins related to the US election campaign.
SEC Might Consider ETH a Security
Van Buren Capital General Partner Scott Johnsson has suggested that the US Securities and Exchange Commission (SEC) may consider Ethereum (ETH) a security ahead of anticipated denials for spot exchange-traded fund (ETF) applications this month.
Tornado Cash Dev Found Guilty of Money Laundering
Alexey Pertsev, the developer behind the cryptocurrency mixing protocol Tornado Cash, has been convicted of money laundering, a verdict that may have significant repercussions for open-source code developers.
ExCFTC Chairman Chris Giancarlo Joins Board of Directors of Crypto Firm Paxos
J. Christopher Giancarlo, the former chair of the United States Commodity Futures Trading Commission (CFTC) and widely recognized as ‘Crypto Dad,’ has joined the board of directors at crypto firm Paxos.
CoinShares Posts Record Revenue in Q1
European asset manager CoinShares achieved a record performance in the first quarter of 2024, buoyed by a market recovery following the launch of Bitcoin exchange-traded funds (ETFs).
Antonio Juliano Steps Down as CEO of Decentralized Exchange dYdX
Antonio Juliano, the founder of decentralized exchange dYdX, is stepping down as CEO after leading the crypto derivatives platform for seven years.
