Nancy Pelosi mulls supporting Republican’s FIT21 crypto bill: Report
The former House Speaker is reportedly considering support for the Republican crypto legislation, breaking from ranking Democrats.
Former United States House of Representatives Speaker Nancy Pelosi is reportedly mulling support for the Republican-led crypto bill, the Financial Innovation and Technology for the 21st Century Act (FIT21).
Pelosi — now Speaker Emerita and no longer in the Democratic Party leadership — may support the bill that could hit the House floor for a vote on May 22, U.S. political magazine The American Prospect reported on May 21, citing sources familiar with Pelosi’s thinking.
FIT21 would clarify how the Commodity Futures Trading Commission and Securities and Exchange Commission would divvy up authority over crypto assets.
Degen token surges 17% on Farcaster’s $150M Series A raise
Farcaster, blockchain’s answer to traditional social media, raised $150 million in a Series A funding round led by Paradigm, sending a community token soaring.
Farcaster community-created token Degen (DEGEN) jumped 17% after the blockchain-based social platform confirmed it raised $150 million in its latest funding round.
The Series A round was led by venture firm Paradigm with participation from Andreessen Horowitz, Haun, USV, Variant and Standard Crypto. Farcaster founder Dan Romero said in a May 21 X post the funds will “support our work on Farcaster for many years.”
Romero, a former Coinbase executive, first hinted at the funding round on Warpcast in March but didn’t share any further details at the time.
A Step-by-Step Guide to Launching a Thriving Affiliate Marketing Business With XERA Pro
Bitcoin Forming Potential Massive Bullish Setup, According to Trader Who Called 2022 BTC Bottom
A trader known for several accurate crypto market calls says that Bitcoin (BTC) may be gearing up for a massive breakout. Pseudonymous analyst Dave the Wave tells his 146,500 followers on the social media platform X that Bitcoin may be following a bullish pattern of trading in a range before putting up an approximate 50% […]
The post Bitcoin Forming Potential Massive Bullish Setup, According to Trader Who Called 2022 BTC Bottom appeared first on The Daily Hodl.
PEPE Soars to All-Time High Spurred by Speculation of Spot Ether ETF Approval
Farcaster Secures $150M in Funding, Reaches $1B Valuation With Backing From Paradigm
Zest Protocol Co-founder: Adding New Programming Capabilities Could Propel BTC’s Defi Ecosystem Beyond ETH’s
Early Crypto Adopter: Unmatched Privacy of ZK Proofs Outweighs the Technology’s Perceived Disadvantages
Hack of a single multisig wallet could drain 12 Ethereum L2s of $121M
One wallet has upgrade permissions for 12 Ethereum scaling networks, but Conduit founder Andrew Huang says it can’t transact without three signatures which would take a trio of physical attacks.
A single multisignature crypto wallet has permissions from 12 different blockchain networks, implying that if this single wallet is ever compromised — all 12 networks could be drained of their funds with a potential $121 million in losses.
The networks include Zora, Aevo, Hypr, Orderly, Ancient8, Lyra, Mode, Pgn, Parallel and Metal — all created using the Conduit rollup creation software, according to data shared to X on May 19 by L2Beat researcher Luca Donno.
However, the wallet can’t transact without three of five signatures from the team, Conduit founder Andrew Huang told Cointelegraph. The private keys to these signatures are stored on hardware wallets, making a compromise only possible by “physically compromising 3/5 individuals,” he said.
The Bitcoin Policy Institute Launches the Peer-to-Peer Rights Fund to Help Defend Samourai Wallet Founders
Gala Games exploiter returns $22M from GALA token attack
On Monday, an attacker minted $200 million worth of GALA tokens but managed to sell only a portion of them. It’s just been returned.
Gala Games has received around $22 million in Ether (ETH) from the person responsible for a May 20 “security incident” where $200 million worth of Gala (GALA) tokens were minted and a small portion sold before the wallet was frozen.
On May 21, the attacker’s wallet sent back 5913.2 ETH worth $22.3 million — close to the market value of the 600 million GALA they sold a day earlier.
Gala said in a May 21 blog post that the ETH’s return came after the team’s “swift, effective response and the involvement of Federal law enforcement agencies.”
VanEck’s Ethereum spot ETF listed on DTCC under ticker $ETHV
VanEck’s Ethereum ETF, ticker ETHV, is now listed on DTCC, with the SEC’s decision on approval pending amid market optimism.
The post VanEck’s Ethereum spot ETF listed on DTCC under ticker $ETHV appeared first on Crypto Briefing.
‘All Bets Are Off’ – Top Analyst Unveils Crypto Market Forecast Amid Increased Odds of Ethereum ETF Approval
A widely followed crypto strategist says that a certain altcoin group will massively benefit from the approval of a spot market Ethereum (ETH) exchange-traded fund (ETF). Pseudonymous analyst DonAlt tells his 554,400 followers on the social media platform X that while an Ethereum ETF might be a bit bearish for Bitcoin (BTC) inflows, it will […]
The post ‘All Bets Are Off’ – Top Analyst Unveils Crypto Market Forecast Amid Increased Odds of Ethereum ETF Approval appeared first on The Daily Hodl.
Peter Schiff Anticipates Outflows From Bitcoin ETFs to Ethereum ETFs Following SEC Approval
Pioneering Blockchain Security: CMO Xavier’s Strategic Leadership at Stake Vault Network
‘It’s happening’ — 5 Ethereum ETF bidders amend SEC filings
Five U.S. asset managers bidding for an Ether ETF have amended their 19b-4 filings with the SEC.
Five potential spot Ether (ETH) exchange-traded fund (ETF) issuers have submitted amended 19b-4 filings after receiving last-minute feedback from the Securities and Exchange Commission.
The amended filings came from Fidelity, VanEck, Invesco and Galaxy, Ark 21Shares and Franklin Templeton, several filings show.
All five filings came in a 25-minute period between 9:35 pm and 10:00 pm UTC on May 21, according to Bloomberg ETF analyst James Seyffart.
“It’s happening”: Ethereum ETF approval is imminent as issuers amend 19b-4 filings
Spot Ethereum ETFs in the US near approval, with major issuers filing crucial documents.
The post “It’s happening”: Ethereum ETF approval is imminent as issuers amend 19b-4 filings appeared first on Crypto Briefing.
SEC’s Regulatory Overreach Challenged in Court: Motion Filed to Vacate ‘Dealer’ Rule
Crypto Exchange Binance Discloses Investment in L2 DEX Protocol Aevo
The venture capital arm of the world’s largest crypto exchange by trading volume is announcing a new investment in a decentralized exchange (DEX) protocol. According to a new press release, Binance Labs has invested in a layer-2 (L2) DEX called Aevo, a rebrand of Ribbon Finance. Aevo bills itself as a high-performance derivatives DEX platform tailored for futures […]
The post Crypto Exchange Binance Discloses Investment in L2 DEX Protocol Aevo appeared first on The Daily Hodl.
Donald Trump says his campaign will accept crypto
Facing several criminal cases, the presumptive Republican Party nominee for U.S. President is expected to face off against President Joe Biden in November 2024.
Former United States President Donald Trump, currently facing criminal charges in four jurisdictions in the country, announced his campaign to run for president in 2024 would accept cryptocurrency donations.
In a May 21 notice, the Trump 2024 campaign said it had launched a fundraising page for eligible people to donate in crypto using the Coinbase Commerce product. The website featured logos for Bitcoin (BTC), Ether (ETH), Dogecoin (DOGE), Shiba Inu (SHIB), XRP, USD Coin (USDC), Solana (SOL) and 0x (ZRX). The announcement cited Senator Elizabeth Warren’s attacks on cryptocurrency, claiming without evidence that she was acting as U.S. President Joe Biden’s “official surrogate” in Congress.
During a May 8 dinner for supporters who purchased a nonfungible token featuring a mugshot at his surrender in a Georgia jail, Trump said he would ensure attendees could make donations to his campaign in crypto. With less than six months until Election Day, Trump is the presumptive Republican Party nominee for U.S. President in 2024. He will likely face off against President Biden, the presumptive Democratic Party nominee.
Arta TechFin, Chainlink expand partnership to tokenize real-world assets
Arta TechFin, a Hong Kong-based asset manager, and Chainlink are exploring solutions to tokenize real-world assets like real estate.
Real-world asset tokenization is reportedly the next big frontier for the blockchain industry, and Chainlink continues to expand global partnerships with an emphasis on real-world asset tokenization and cross-chain transactions.
On May 21, The world’s largest blockchain oracle network announced that it is broadening its partnership with Arta TechFin, a Hong Kong-based asset manager and financial services company, to bring real-world assets on-chain.
Arta Techfin’s CEO, Eddie Lau, said the partnership “aims to satisfy market scarcity for an end-to-end solution that addresses pain points from off-chain primary origination and secondary trading to enhanced product integrity.”
🚨WARNING🚨 Stay Away From This Altcoin!
➡️ Use Code DC10 to get 10% off Arculus Wallet – https://rb.gy/gpk5wv ➡️ NordVPN is the best way to stay safe online – https://nordvpn.com/discovercrypto ➡️Join this channel to get access to perks: https://www.youtube.com/channel/UCjemQfjaXAzA-95RKoy9n_g/join ➡️Come trade with us on Blofin, where whales are made: https://partner.blofin.com/d/DiscoverCrypto 📲 Follow the OFFICIAL Discover Crypto Socials: Twitter (X): https://twitter.com/DiscoverCrypto_ Tik […]
Trump Campaign Now Accepts Crypto Donations via Coinbase
$300,000 Withdrawal at JPMorgan Chase Instantly Stolen at Bank Branch in Brooklyn: Report
A JPMorgan Chase customer reportedly lost $300,000 at a bank branch in Brooklyn immediately after withdrawing the cash. The 31 year-old customer withdrew the huge sum from a teller and was robbed once he exited the bank’s front door, reports News 12. Although the bank has not released a statement on the assault, it provided […]
The post $300,000 Withdrawal at JPMorgan Chase Instantly Stolen at Bank Branch in Brooklyn: Report appeared first on The Daily Hodl.
DOJ Captures Alleged ‘Architect’ of Darknet Marketplace Incognito
Uniswap responds to SEC Wells notice: ‘We are ready to fight’ for DeFi
The company called for supporting U.S. lawmakers in favor of the Financial Innovation and Technology for the 21st Century Act, hinting the bill could nullify the SEC’s case.
Uniswap Labs, the developer behind the decentralized exchange of the same name, has responded to the United States Securities and Exchange Commission (SEC) issuing a Wells notice to the firm, suggesting a potential enforcement action.
In a May 21 blog post, Uniswap claimed the SEC had made “weak” legal arguments in issuing a Wells notice to the exchange and vowed it was “ready to fight” the matter in court if necessary. The company said its lawyers had successfully represented firms, including Grayscale and Ripple, against the financial regulator. Chief Legal Officer Marvin Ammori claimed that the SEC’s case was “weak and wrong” based on treating all tokens as securities under its purview.
“The SEC should not devote its taxpayer-funded resources to bringing a case against us,” said Uniswap. “But we’re prepared to fight.”
Embrace Privacy and Earn up to 150% APY With wZANO-USDT
Venture Capital Investment Into Crypto Rises to $2,400,000,000 After Years of Decline: Report
Venture capital (VC) investment in crypto firms is reportedly on the rise following a slump of seven consecutive quarters. Citing data from private equity and venture capital deals information provider PitchBook, Reuters reports that VC investment in crypto companies rose by 41% quarter-on-quarter to reach a figure of $2.4 billion in the first three months […]
The post Venture Capital Investment Into Crypto Rises to $2,400,000,000 After Years of Decline: Report appeared first on The Daily Hodl.
Meme supporter? Presidential candidate Kennedy Jr. buys $24,000 in GME stocks
Presidential candidate Kennedy Jr.
The post Meme supporter? Presidential candidate Kennedy Jr. buys $24,000 in GME stocks appeared first on Crypto Briefing.
Economist Alex Krüger Says ‘Base Case’ Is Ethereum at New All-Time Highs, Bitcoin Much Higher by Year End
Closely followed trader and economist Alex Krüger believes Ethereum (ETH) is headed to new all-time highs (ATHs) due to one key catalyst. Krüger tells his 175,400 followers on the social media platform X that a possible approval of a spot ETH exchange-traded fund (ETF) as early as this week could send the top altcoin soaring. […]
The post Economist Alex Krüger Says ‘Base Case’ Is Ethereum at New All-Time Highs, Bitcoin Much Higher by Year End appeared first on The Daily Hodl.