Crypto Bytes: Top 10 Breaking News from Cryptoverse

  • After abandoning its earlier plan to go public through a SPAC, Circle Internet Financial has quietly filed for an IPO with the US Securities and Exchange Commission.
  • After approval of 11 Bitcoin spot ETFs by the US Securities and Exchange Commission (SEC), South Korean stocks tied to the cryptocurrency market, KOSDAQ, started to rally.
  • South Korea continues to firmly oppose BitcoinETFs, even as the US has recently approved a ten-year wait for such products. The Financial Services Commission (FSC) of South Korea declared that “nothing will change” and that it is “impossible” to launch virtual ETFs.
  • Decentralised Recovery (DeRec) Alliance has been formed by Hedera and Algorand ecosystems, including the HBAR Foundation, Algorand Foundation, Hashgraph Association, Swirlds Labs, DLT Science Foundation, and business partners The Building Blocks and BankSocial.
  • Community votes win will allow decentralised platform Aave to implement PYUSD stablecoin.
  • One of the biggest asset managers in the world, Vanguard, will allow its clients to purchase the recently authorised BitcoinETFs yet.
  • CEO of Robinhood Vlad Tenev declared that the platform will quickly list the recently approved spot BitcoinETFs in an effort to better incorporate cryptocurrencies into traditional finance.
  • According to Mandiant, a cybersecurity and threat intelligence firm, information has surfaced regarding the extensive exploitation of Solana users via the CLINKSINK campaign. These drainer campaigns have resulted in loss of $1M SOL tokens.
  • The 11 spot bitcoin exchange-traded funds are now accessible for brokerage and retirement accounts, according to a recent announcement by Robinhood.
  • The bogus announcement of the approval of the BitcoinETF by a hacked SEC X account sent values skyrocketing, only to plummet again. FBI is looking into the SEC hack & senators from both parties have criticized the attack, calling for more security.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

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