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Gary Gensler: ETH ETF approvals “will take some time”
Gary Gensler: ETH ETF approvals “will take some time”

Share link:In this post: U.S Securities and Exchange Commission chairman, Gary Gensler, appeared on CNBC to discuss ETH ETFs. The SEC chairman said the approval of S-1 may take a while. Gary Gensler said crypto tokens lack proper disclosure.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

Cryptopolitan·2024/06/07 09:58
Stacks Layer 2 for Bitcoin already hosts projects, STX token among top gainers
Stacks Layer 2 for Bitcoin already hosts projects, STX token among top gainers

Share link:In this post: Stacks (STX) turned into one of the top gainers for the past day after bouncing from recent lows. The Stacks ecosystem will showcase its projects this June 15. Stacks focuses on growing its DeFi value to tap the tokenization potential of Bitcoin.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

Cryptopolitan·2024/06/07 09:58
Flash
23:35
Overview of Important Overnight Developments on June 21
21:00-7:00 Key Words: Vance, Iran, Israel, Strait of Hormuz1. The Iranian military has announced the closure of the Strait of Hormuz;2. Israeli Prime Minister Netanyahu has ordered a ceasefire in Lebanon;3. Vance: Negotiations are progressing smoothly and will head to Switzerland in the coming days;4. Sources: The speaker of Iraq's National Parliament's residence was attacked by a drone;5. Tom Lee responded to the potential funding crisis facing Ethereum: the probability is zero;6. Tether co-founder: Stablecoins will enter the 2.0 era, and in the future, users should share in reserve earnings;7. US SEC Commissioner Hester Peirce discussed perpetual contracts and prediction market regulation: emphasized the principles of self-custody and financial privacy.
23:08
According to market sources, due to private equity firms' acquisition offers failing to meet the expected valuation of 2 billion dollars, Coca-Cola has officially shelved the plan to sell Costa Coffee.
After abandoning the sale plan, this beverage giant is now focusing on organizational restructuring and operational optimization to enhance the profitability of Costa Coffee’s omnichannel business. All bids from prospective buyers failed to meet Coca-Cola’s valuation target; as a result, the company halted the sale of Costa Coffee. In 2018, Coca-Cola acquired this coffee chain brand for more than 5 billion US dollars. Coca-Cola has decided to abandon the sale proposal and instead integrate Costa’s various operations, cancel its “Global Ventures” division, and directly assign Costa to regional management, with a priority on upgrading business in the European and Chinese markets. This restructuring aims to address multiple industry challenges, including continuously rising costs, fluctuations in coffee bean prices, and changes in consumer habits.
22:19
MEV bot JaredFromSubway suspected of being hacked for $7.5 million in assets
The MEV bot JaredFromSubway has reportedly been hacked for approximately $7.5 million in assets, including 1,474.58 WETH, 2.87 million USDC, and 2 million USDT. The attacker has exchanged the funds for 4,400 ETH and deposited 1,000 ETH into Tornado Cash. (PeckShield)
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