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SEC delays making a decision on the proposed Invesco Galaxy spot Ethereum ETF
SEC delays making a decision on the proposed Invesco Galaxy spot Ethereum ETF

The SEC set its next deadline to July 5, 2024 to approve or disapprove of the proposed spot ether ETF. Optimism for the SEC approving such a product has dwindled over the past few months

The Block·2024/05/06 22:04
Bitcoin miners are starting to feel the pinch
Bitcoin miners are starting to feel the pinch

The 7-day moving average of Bitcoin’s hash rate has dropped slightly since the halving, to just over 600 EH/s, but is still historically high. This is an excerpt from The Block’s Data & Insights newsletter.

The Block·2024/05/06 20:46
SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations
SEC issues Robinhood Crypto with Wells Notice, citing alleged securities violations

Robinhood Markets said that the SEC has issued its crypto unit with a Wells Notice. The SEC told the company that it is anticipating filing an enforcement action over alleged securities violations.

The Block·2024/05/06 14:31
Flash
  • 16:31
    WLFI multi-signature wallet invested 10 million dollars to buy WLFI tokens
    According to Onchain Lens monitoring, the Trump crypto project WLFI multi-signature wallet has just invested 10 million US dollars to buy WLFI tokens. In the past 3 days, the WLFI multi-signature wallet has accumulated an investment of 20 million US dollars to obtain 400 million WLFI tokens.
  • 16:14
    In the past 24 hours, contracts across the entire network have liquidated $288 million, mainly in long positions
    PANews reported on January 29 that data from Coinglass shows that in the past 24 hours, the total cryptocurrency market has liquidated contracts worth $288 million. Of this, long positions accounted for $229 million and short positions accounted for $59.38 million. The total amount of BTC liquidations was $63.11 million, while ETH liquidations amounted to $38.44 million.
  • 16:12
    Injective adds native high-performance EVM support to its Layer 1 blockchain
    According to TheBlock, Injective announced the addition of native high-performance EVM support to its Layer 1 blockchain. Currently, "Injective EVM" has begun initial testing from devnet deployment. It is reported that Injective's original software architecture does not support EVM code itself, but this new development will change this situation and introduce Ethereum-compatible decentralized applications into the network. The final mainnet version is expected to be released later this year.
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