SEC approves Grayscale’s conversion of BTC, ETH, SOL, XRP fund into an ETF
The U.S. Securities and Exchange Commission has approved Grayscale’s Digital Large Cap Fund conversion into a spot ETF. The fund holds Bitcoin, Ethereum, XRP, Solana, and Cardano. Experts expect approvals…
US SEC approves the first yield-bearing stablecoin
The US SEC has approved YLDS, the first yield-bearing stablecoin, with 3.85% APR. YLDS trades 24/7 on Figure Markets and its APR is paid monthly in USD or YLDS. The…
Floki approves investing $125K into BADAI with Dogizen presale ending in two days
Floki invests $125K in $BADAI AI protocol. Less than two days are remaining for the Dogizen presale to close Both BADAI and Dogizen aim to innovate in blockchain. The Floki…
THORChain approves conversion of $200M debt into equity tokens
THORChain node operators have approved a restructuring plan allowing it to convert its $200M debt into equity tokens. The move is aimed at stabilizing THORChain’s operations by addressing its liabilities.…
SEC approves the Bitwise Bitcoin and Ethereum exchange-traded fund
Key takeaways The U.S. SEC has approved a spot Bitcoin and Ethereum ETF. The iDEGEN presale ends in 25 days, with nearly $19 million raised. SEC Approves Bitwise’s Bitcoin and…
El Salvador approves new bill to comply with IMF deal
The reform passed with 55 votes, with only two against El Salvador became the first country to accept Bitcoin as legal tender in 2021 In December, El Salvador announced it…
Starknet approves new staking mechanism with dynamic STRK minting curve
Starknet community approved a dynamic minting curve for STRK tokens. The minting curve adjusts token supply based on staking participation levels. Starknet Foundation can modify minting parameters to manage inflation…
Texas approves debtor-in-possession financing plan for BTC miner Rhodium
Rhodium filed for Chapter 11 with debts of up to $100M and assets of up to $500M. The debtor-in-possession financing plan is offered by Galaxy Digital. Galaxy Digital offers Rhodium…
US SEC approves Ethereum ETFs, Grayscale spot Ether ETFs launch on NYSE Arca
US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after the SEC’s approval. The SEC has also approved VanEck Ethereum…
Genesis to return $3B to customers after court approves bankruptcy plan
Genesis Global gets court approval to repay $3 billion to customers. Judge Sean Lane overruled an objection from Genesis parent company Digital Currency Group. DCG argued payments to be in…