Archive for month: May, 2024
Crypto Wallet Provider Exodus’ NYSE American Stock Listing Postponed for SEC Review
Crypto wallet company Exodus Movement will not be listing on NYSE American, the New York Stock Exchange’s sibling market, on Thursday as planned, the company announced late Wednesday.Source
Kgothatso Ngako: How I Brought the Machankura Bitcoin App to Africa
Ngako is speaker at this year’s Consensus festival, in Austin, Texas, May 29-31.Source
Crypto Markets Under Pressure as $2B Worth of Altcoin Token Unlocks and $11B Bitcoin Distribution Loom
Investors should brace for waves of fear, uncertainty and doubt – or FUD – over the next few months, a K33 Research analyst said.Source
The FCC’s Net Neutrality Ruling Is Good News for Web3 Startups
The principle of an open internet underpinned the growth of the early Web and is just as necessary now. If only the SEC could back innovation in a similar way, says Sarah Aberg, General Counsel at Nova Labs, the company behind Helium Mobile.Source
Robinhood’s Q1 Crypto Trading Volume Surged 224% as SEC Action Looms
The popular trading platform also beat first quarter revenue and earnings estimates.Source
House Votes to Erase SEC Crypto Policy While President Biden Vows Veto
The U.S. House of Representatives is poised to vote on a resolution Wednesday to reject the Securities and Exchange Commission (SEC) cryptocurrency accounting guidance that the industry said has deterred banks from handling crypto customers, but President Joe Biden is already promising he’ll veto the effort if it hits his desk.Source
Crypto Is an Election Issue This Year. Is That a Good Thing?
A new DCG-funded survey found one-in-five voters think crypto is a key issue in U.S. elections this November.Source
The Protocol: From ‘Node Sales’ to ‘Address Poisoning,’ the Money’s in Crypto
In this week’s issue of The Protocol newsletter, we dive into the crypto industry’s fundraising method du jour – it’s all about the decentralization! PLUS: Polyhedra says its ZK prover is 2x faster than anyone else’s.Source
Restaking Is Hot in Ethereum and Entering Solana. Should We Worry?
The Lehman Brothers-driven global financial crisis of 2008 showed the danger of spreading money around too much.Source