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Stablecoin issuer Circle is planning to redomicile from Ireland to the U.S. Circle confidentially filed for an initial public offering of its equity securities in January.
FLOKI, AR, and PEPE are the top performers on a daily scale, while most alts bleed out.
Spot bitcoin exchange-traded funds in the United States returned to a daily net inflow of over $100 million yesterday.Approximately $133 million flowed into ARKB as GBTC witnessed another $51 million flow out of the product.
Ether option traders are positioning for heightened price volatility surrounding the SEC’s end-of-May deadline for spot ether ETF decisions.The second-largest digital asset by market cap experienced a slight decline in the past 24 hours, according to The Block’s Price Page.
Vanguard has appointed Bitcoin-friendly former BlackRock executive Salim Ramji as CEO, effective July 8.Ramji succeeds Tim Buckley, who said in January Vanguard wouldn’t offer spot bitcoin ETFs to its brokerage customers.
The crypto investment firm’s main hedge fund has been compromised, Bloomberg reported — citing sources with knowledge of the matter. The undisclosed amount of stolen funds remained missing.
Lens Lab plans to create its own EVM-compatible Layer 2 network called Lens Network. Lens Network will be a validium chain, utilizing zkSync’s Layer 2 development stack known as ZK Stack.
- 22:33XRP breaks through 3 dollarsThe market shows that XRP has broken through 3 dollars, currently quoted at 3.046 dollars, with a 24-hour increase of 14.2%.
- 22:32Eight American blockchain lobbying groups announce the establishment of the North American Blockchain Association (NABA)Blockchain associations from eight U.S. states have announced the establishment of the North American Blockchain Association (NABA), an organization aimed at providing cohesive cryptocurrency policy recommendations to the federal government. Members include the Texas Blockchain Council, Alabama Blockchain Coalition, California Blockchain Advocacy Coalition, Florida Blockchain Business Association, Ohio Blockchain Committee, Pennsylvania Blockchain Coalition, Virginia Blockchain Committee and Washington Technology Industry Association's Cascadia Blockchain Council. Lee Bratcher, President of the Texas Blockchain Council and a member of NABA's board stated that each state association is independent and retains agency rights but can act in concert with other states when necessary.
- 22:30U.S. regulators impose a fine of 80 million dollars on Block and CashAccording to the official announcement, in a coordinated enforcement action by financial regulators in 48 states of the United States, Block, Inc. will pay a fine of $80 million and take corrective measures to rectify violations of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) laws that protect the financial system from illegal use. It is reported that more than 50 million consumers use Block's mobile payment service Cash App for consumption, remittance, storage and investment. In an interstate settlement agreement signed this week, Block agreed to pay fines to state government agencies, hire independent consultants to review the comprehensiveness and effectiveness of its BSA/AML program, and submit reports to each state within nine months. After submitting the report, Block will have 12 months to correct any deficiencies found in the review.