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Upcoming exchange-traded funds (ETFs) that integrate staking yields stand to benefit significantly as US lawmakers and regulators clarify the legal status of on-chain rewards, according to a June 3 report.
The report noted points to two parallel policy moves. First, the US Securities and Exchange Commission (SEC) confirmed on May 29 that staking does not constitute a securities sale, provided...
New data from the latest 13F filings reveals a sharp increase in institutional interest in spot Bitcoin ETFs, with registered investment advisors (RIAs) emerging as the dominant players.
Bloomberg’s senior ETF analyst, Eric Balchunas, highlighted that RIAs have now taken the lead among institutional holders of Bitcoin ETFs. Collectively, this group holds exposure to more than 124,000 BTC, which...
JPMorgan is set to begin accepting Bitcoin (BTC) exchange-traded funds as collateral for loans, Bloomberg News reported on June 4.
The lender also plans to consider digital asset holdings when evaluating a client’s net worth and liquid assets, placing crypto alongside traditional categories such as equities, vehicles, and fine art when assessing lending eligibility.
The move signals growing...
Crypto exchange WazirX suffered a major legal blow after the Singapore High Court rejected its restructuring proposal to relaunch operations following a $230 million hack in July 2024.
On June 4, WazirX announced that its request for court approval had been denied, saying:
“The Honourable Singapore High Court issued an order declining to approve our proposed restructuring plan. While this outcome...
Institutional interest in the XRP Ledger (XRPL) continues to grow, as does the number of scams exploiting the ecosystem.
On June 4, Panos Mekras, co-founder of Anodos Finance, a leading DeFi platform built on XRPL, raised concerns over the proliferation of fraudulent projects piggybacking on the blockchain network’s growing visibility.
In the X post, Mekras warned the community about the influx...
Sentient, a decentralized AI company, has introduced Dobby Plus, an open-source chatbot now available on X and Hugging Face, according to a June 4 statement shared with CryptoSlate.
This new model challenges proprietary AI systems from major tech firms like OpenAI and Anthropic.
Dobby Plus
According to Sentient, Dobby Plus is built on a decentralized AI framework shaped by input from over two...
South Korea’s newly elected president Lee Jae-myung has vowed to legalize spot Bitcoin exchange-traded funds and launch a national KRW-backed stablecoin, which could turbocharge crypto adoption across Asia’s fourth-largest economy.
Lee, a liberal firebrand and former mayor of Seongnam, clinched the presidency with 49.4% of the vote in the June 3rd snap election, ending months of political...
Spanish coffee chain Vanadi Coffee is planning a bold shift as it seeks to transform from a struggling hospitality brand into a Bitcoin-centric holding firm.
According to a report by Europa Press, the company is proposing a €1 billion (around $1.13 billion) allocation into Bitcoin as part of a broader financial overhaul.
The announcement has swiftly impacted market sentiment surrounding its...
The post Can Solana maintain its momentum through 2025’s second half? appeared first on CryptoSlate.
A Bitcoin-linked scandal has thrown the Czech government into crisis.
Prime Minister Petr Fiala is facing calls for a no-confidence vote from the opposition following Justice Minister Pavel Blažek’s resignation.
The controversy stems from a Bitcoin donation tied to Tomáš Jirčikovský, a convicted criminal known for operating Sheep Marketplace, a dark web platform previously used for illicit drug...