Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  • A $30 Billion RIA Platform Approves Four Bitcoin ETFs Spot. BlackRock, Fidelity, Bitwise, and Franklin received Carson’s blessing. Platform approvals are a “huge catalyst” for fund asset development.
  • On Friday’s hearing in Seattle saw Judge Richard Jones approve the plea deal for the biggest cryptocurrency exchange globally. Last year, Binance consented to replace its CEO, pay an unprecedented $4.3 billion in fines, and hire an outside compliance monitor for three-years.
  • In order to avoid having to pay back the $323 million it had invested in purchasing a European firm, bankrupt cryptocurrency exchange FTX agreed to sell the business for $32.7 million to its founders.
  • According to a pseudonymous crypto person on X known as Spreek, MicroStrategy’s X account appears to have been compromised on Monday early Asia time, with hackers posting phishing messages.
  • ShibaInu declares its involvement in the groundbreaking DN404 standard, which combines the qualities of fungible and non-fungible tokens. The DN404 standard introduces a flexible new token model and strives for complete compliance with the ERC-20 and ERC-721 standards.
  • Blockchain researcher ZachXBT says he has successfully retrieved most of the money from a non-fungible token (NFT) that was stolen after theft of the DeGods #3251 NFT. He said that the victim had been successfully refunded the majority of the money.
  • A severe exploit known as a “rug pull” has affected RiskOnBlast, the layer 2 project of the Blast network, resulting in the loss of about 500 Ether (ETH).
  • Through their partnership with HTX DAO, http://SUN.io, a decentralised finance company, is laying the groundwork for what they hope will be a substantial increase in the liquidity of the HTX/TRX pair.
  • The best place in Europe to locate the headquarters of anti-money laundering and terrorist financing (AML/CFT) authorities has turned out to be Frankfurt.
  • To help with its impending token launch, Web3 adviser Coinsilium Group Ltd. has signed an agreement with international trade exchange platform LC Lite.

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.

Author: Mehar Nayar

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