Grayscale sheds $20B from Bitcoin and Ether ETFs

The warning comes in response to Bybit’s marketing campaign that reportedly targeted Japanese investors. 3300 Total views 5 Total shares Singapore-based Bybit, the world’s fifth-largest cryptocurrency derivatives exchange by trading volume, has allegedly been running unregistered crypto services in Japan, according to an official warning.The Japan Financial Services Agency issued a formal warning letter to Bybit…

When thinking of countries that are ahead of the curve in crypto adoption, Turkey might not be the first place that springs to mind. However, Statistica's Global Consumer Survey for 2019 shows that a fifth Turkish residents are acquainted with crypto and have been exposed to it in some form or another. If the figures…

A committee of the Connecticut state legislature has proposed to authorize the use of smart contracts in commerce in the state, according to official documentation introduced on March 7.The Commerce Committee of the Connecticut General Assembly (CGA) has introduced House Bill 7310, suggesting that blockchain-powered smart contracts may be used in commerce conducted or initiated…

The United States Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action against Nevada-based Circle Society.Defendants guaranteed investors 300% returnOn Oct. 16, the CFTC announced that it was charging Circle Society and its owner, David Gilbert Saffron, with “fraudulent solicitation, misappropriation, and registration violations relating to an $11 million binary options…

Hoskinson says the Ethereum network is more like a “dictatorship” where Vitalik Buterin exerts too much influence over the development of the decentralized network. 

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekFed to issue long-awaited guidelines for granting master accounts to crypto banksCrypto’s…

A crypto user has gone very long on Solana, staking a very small portion of the token for the next 3,000 years, according to blockchain analytics firm Arkham Intelligence. The unknown user staked $0.05 Solana (SOL) in 2023, and it will unlock in the year 5138, Arkham said in an April 5 post to X.

Ethereum's native token Ether (ETH) faces the possibility of a 35% price correction in Q2 as it comes closer to breaking below its "ascending triangle" pattern.ETH price breakdown ahead?Ether's price swung between profits and losses on May 2 while trading around $2,825, showing indecisiveness among traders about their next bias. Interestingly, the Ethereum token wobbled…