05/07 #ByToken Key quick-read daily newspapers (daily output, follow and like, no messages missed)
▰ Robinhood receives U.S. SEC’s Wells Notice on Cryptocurrency Business
Robinhood Crypto expressed disappointment after receiving a Wells Notice from the U.S. Securities and Exchange Commission stating that it would recommend enforcement action.
▰ Chairman of the US CFTC: There will be a wave of cryptocurrency enforcement actions in the next two years
The chairman of the U.S. Commodity Futures Trading Commission said there could be a wave of enforcement actions over the next six months to two years as cryptocurrency market values rise.
▰ The U.S. SEC delays its decision on the Invesco Galaxy Ethereum Spot ETF
The U.S. Securities and Exchange Commission has delayed a decision on the Invesco Galaxy Ethereum Spot ETF to July 5, 2024.
▰ The Kenyan government appoints Marathon Digital to review the country’s cryptocurrency regime
The Kenyan government has appointed Marathon Digital to review the country’s cryptocurrency regime and will discuss the electricity needs of cryptocurrency mining with the Kenyan Ministry of Energy.
▰ Bitcoin wallet maker Exodus will be listed on the New York Stock Exchange on May 9
Exodus announced that it will list on the New York Stock Exchange on May 9, and the company has obtained qualifications from the U.S. Securities and Exchange Commission.
▰ Wall Street Journal: Apple is developing data center AI chips
According to reports, Apple is developing AI chips for data center servers. The project is called ACDC and may be announced at a future Worldwide Developers Conference.
▰ Asset management giant Hightower has bought $68 million in Bitcoin spot ETFs
Hightower Asset Management bought $68 million in Bitcoin spot ETFs, including Grayscale GBTC.
▰ Payments company Block plans to raise $1.5 billion by issuing senior notes
Block plans to raise $1.5 billion through the issuance of senior notes for capital raising and Bitcoin purchase plans.
▰ Kiosk, a Web3 social application based on Farcaster, completed US$10 million in financing, led by Electric Capital
Kiosk completed US$10 million in financing, aiming to promote the development of Web3 social applications, with Electric Capital leading the investment.
▰ MetaMask launches 'Smart Transactions' function to deal with MEV attacks
MetaMask launches 'Smart Transactions' feature to help users avoid the impact of Maximum Extractable Value (MEV).
▰ Tether CEO confirms Bitfinex data leak is fake news
Tether CEO confirms Bitfinex data leak is fake news, dispelling concerns about data leak.
▰ As of May 6, Hong Kong Bitcoin Spot ETF holds a total of 4,388 BTC
As of May 6, the Hong Kong Bitcoin Spot ETF held a total of 4,388 BTC, with total assets of approximately US$276 million.
▰ On May 6, Grayscale GBTC had a net inflow of US$4 million.
▰ On May 6, BlackRock IBIT trading volume was US$932 million, and Grayscale GBTC was US$366 million.
