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Grayscale sheds 1539 BTC while 9 other ETFs collectively reduce 214 BTC
Grayscale sheds 1539 BTC while 9 other ETFs collectively reduce 214 BTC

Share link:In this post: 9 Bitcoin ETFs collectively decreased their holdings by 214 BTC. Grayscale reduced its net holdings by 1,539 BTC on June 26. Grayscale’s research indicates that AI has become a dominant theme over ETFs.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any inv

Cryptopolitan·2024/06/27 17:10
All major US banks deemed resilient against severe recession
All major US banks deemed resilient against severe recession

Share link:In this post: All 31 major US banks passed the Federal Reserve’s stress tests, showing they can handle a severe recession. Banks could lose nearly $685 billion but still meet regulatory standards. Stress tests measured the impact of a 40% drop in commercial real estate prices and a 36% fall in house prices.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend

Cryptopolitan·2024/06/27 17:10
Crypto pundits doubt Solana ETF will find approval any time soon — at least under this administration
Crypto pundits doubt Solana ETF will find approval any time soon — at least under this administration

Legal experts say VanEck’s Solana ETF filing will face many hurdles seen by previous attempts to list Bitcoin and Ethereum ETFs, including potential market surveillance and manipulation concerns.Many also say such funds are inevitable — though it may require a change of leadership at the SEC.A lack of a futures market for Solana and the SEC’s opinion that the asset is a security are also likely roadblocks.

The Block·2024/06/27 16:22
VanEck: Why did we apply for the SOL ETF?
VanEck: Why did we apply for the SOL ETF?

BlockBeats·2024/06/27 15:25
Security concerns found in Ethereum L2 solution Blast: Resonance Security
Security concerns found in Ethereum L2 solution Blast: Resonance Security

Share link:In this post: Resonance Security reports security concerns in Ethereum L2 solution, Blast. Blast’s reliance on Lido and MakerDAO opens it up to the possibility of security breaches. Resonance advises projects to vet third-party providers or develop in-house solutions for better security control.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent

Cryptopolitan·2024/06/27 14:55
Flash
03:57
Malaysia revises asset declaration rules for civil servants, raises stockholding limits and includes digital assets under regulation
According to The Edge Malaysia, the Malaysian Public Service Department has revised the asset declaration rules for civil servants. The shareholding limit for civil servants investing in stocks of Malaysia-registered companies has been adjusted to 5% of the company’s paid-up capital or 300,000 ringgit, whichever is lower. Additionally, for the first time, digital assets have been included in the regulatory framework under the new regulations.
03:56
THORChain: Network Recovery Enters Final Phase, Funds to be Transferred to New Treasury
BlockBeats News, June 20th, THORChain released an event update stating that the network is entering the final stage of recovery. Currently, the integrity of each node's keyshare is being validated through the new KeyVerify protocol. This step is to ensure each vault is in a secure state before churn begins. If the validation is successful, the next major step will be churn, where the network will transfer all funds to new vaults. THORChain has indicated that the churn time is the current key variable, which could take anywhere from hours to days. After the churn is completed, subsequent steps are expected to progress rapidly, including re-enabling Secured and Trade assets, LP operations, and finally restoring trading. This network recovery has taken longer than anticipated due to the team consistently prioritizing security and stability, and further updates will be shared in the future.
03:54
Venus Protocol launches tokenized stock collateralized lending on BNB Chain
Venus Protocol has launched tokenized stock collateral lending on BNB Chain. Users can deposit on-chain US stock assets such as TSLAB, NVDAB, and SPCXB into the Venus Core Pool as collateral to borrow assets like USDT and USDC.
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