Crypto Biz: ARK drops bid for spot Ether ETF, miners adapt after halving, and more

Russia might become the first country in the world to allow cross-border crypto payments while banning local crypto payments, a fintech expert in the Russian State Duma said. 216 Total views 6 Total shares Russian Prime Minister Mikhail Mishustin on Tuesday officially instructed the government to come to a consensus regarding crypto regulation in Russia…

The update shows $194 million in cash, $566 million in digital assets and $2.7 billion in off-balance sheet token reserves for other majority-owned Web3 subsidiaries. 254 Total views 5 Total shares Venture capital firm Animoca Brands released an interim financial report laying out its key unaudited financial positions as of April 30, 2023. The company…

A law firm backing an FTX investor suit tagged a crypto influencer in a tweet to serve its lawsuit. 218 Total views 11 Total shares Own this piece of history Collect this article as an NFTA cryptocurrency YouTuber has been served a lawsuit through a tweet after a United States court allowed the action as…

It just keeps going up. 1868 Total views 20 Total shares Decentralized finance (DeFi) hit another milestone as its locked in value reaches $9.02 billion as DeFi projects gained speed in the past few months.Aave continues to be the largest DeFi project, with $1.71 billion locked, followed by MakerDAO with $1.43 billion, Balancer at $1.36…

Plasm Network and Secret Network, two projects based on Polkadot and Cosmos, respectively, have launched the first iteration of a bridge to connect the two ecosystems, each representing a different “layer-0” protocol.The bridge, deployed on Tuesday on Plasm’s testnet, allows users to transfer assets between Plasm Network and Secret, allowing them to enjoy transaction privacy…

PEPE is up 27% over the day amid renewed hope for the approval of United States spot Ether ETFs.