The possibility of U.S. spot Ethereum (ETH) exchange-traded funds (ETFs) becoming a reality has sparked discussions about the potential impact on the market. While Bitcoin (BTC) ETFs have gained significant attention, there are questions about whether Ethereum ETFs will have a similar effect. According to Juan Leon, an analyst at Bitwise, the world’s largest crypto
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The current crypto market has witnessed a significant shift in sentiment among Ethereum (ETH) holders. Some of these investors are reportedly panic selling their ETH holdings and diversifying into alternative layer-1 altcoins such as Solana (SOL) and Cardano (ADA). Their concern stems from the possibility that ETH may not outperform the market as it did
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GS Partners, a prominent company in the Web3 domain, is currently facing a barrage of regulatory scrutiny in multiple states within the United States. These investigations have resulted in severe accusations against the company, including violations of securities laws, false claims, and omissions pertaining to the sale of unregistered tokenized assets to retail investors. Regulators
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The South Korean National Pension Service (NPS) has made a significant profit of 40% from its recent investment in Coinbase, a leading cryptocurrency exchange based in the United States. This comes as a surprise, as the NPS typically avoids direct investments in cryptocurrencies due to their volatile nature. Instead, the fund seeks exposure to the
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The New York State Department of Financial Services (NYDFS) has recently introduced tighter guidelines for firms listing and delisting cryptocurrencies in order to enhance investor protection. These new restrictions, unveiled on November 15, now require crypto companies to submit their coin listing and delisting policies for approval by the NYDFS. The goal is to ensure
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OpenSea, the popular NFT marketplace, is currently facing a dangerous phishing campaign. Users are being targeted with deceptive emails containing malicious links. The attackers are cleverly posing as representatives from OpenSea, making it difficult for users to distinguish between legitimate and fraudulent communication. The phishing attacks involve the use of fake developer API risk alerts
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