The bank also predicts that the Ethereum ETF, expected to be approved on May 23, will lead to inflows of up to $45 billion in the first 12 months, with Ethereum prices climbing to $8,000 by the end of 2024.
JinseFinanceThe Dutch Central Bank fined Crypto.com $3.1 million for providing cryptocurrency services in the Netherlands without registration. Although Crypto.com later obtained registration, it still faces the fine for its past non-compliance.
BerniceThe Web3 Foundation, an organization that continues to explore and promote the development of blockchain technology and decentralized applications, officially announced the launch of its decentralized future plan. At the same time, this move also officially sounded the clarion call for Polkadot to move towards a new future.
JinseFinanceMarch saw meme coin surge in crypto bull market. Dogwifhat (WIF) on Solana blockchain made millionaires from small investments. Recent gains indicate momentum. Success highlights meme coins' potential in broader crypto rally.
Huang BoAnonymous trader turns 5.288 SOL into $1.4 million with Dogwifhat (WIF) meme coin on Solana blockchain. WIF's skyrocketing value reflects meme coin popularity and volatile crypto market nature. Trading volume surges by 210.22%, highlighting strong investor interest.
Huang BoMatrixport's Wu defends the firm against allegations of intentional market manipulation, asserting analysts' autonomy. The $131 billion crypto crash prompts skepticism, recalling Wu's past role in the 2017 Blockchain Wars. The market sees significant losses, with MultiversX, Theta Network, and SATS leading the decline. Despite market turmoil, YouTuber Scott Melker suggests a connection between the crash and mechanisms aligning derivative and spot prices. Wu remains optimistic about a spot BTC ETF in the long term, emphasizing ongoing market uncertainties.
SanyaAround 3,313 BTC were suddenly transferred from Do Kwon to two overseas cryptocurrency exchanges.
FinboldContinued adoption of nonfungible tokens across a variety of industries from video gaming, music, art and digital collections could see the sector valued at $231 billion by 2030.
CointelegraphThe Crema Finance team awarded the hacker who made off with nearly $10 million in funds from the protocol 16.7% of the stolen funds as a white hat bounty.
CointelegraphAttackers have exploited a bug in the Osmosis exchange to the tune of $5M as FireStake validators admit to their role in racking up roughly $2M before stepping forward.
Cointelegraph