Floki developers today introduced a trading bot tool that allows $FLOKI holders to trade any token on the BNB Chain network, the developers told CoinDesk in a Telegram interview.
The bot charges a 1% fee on every transaction and 50% of the collected fees will be used to buy FLOKI on the open market, adding to demand for the token.
“I am very positive and open minded to cryptocurrency companies, and all things related to this new and burgeoning industry. Our country must be the leader in the field. There is no second place.”
SEC's approval of $ETH ETFs still leaves some questions on whether ETH is a security, lawyers say:TB
SEC's approval of $ETH ETFs still leaves some questions on whether ETH is a security, lawyers say The U.S. Securities and Exchange Commission's approval of spot Ethereum (ETH) products left some this past week wondering: is ether a commodity now? That answer is still unclear. Whether the SEC has jurisdiction over ether has been hazy. The agency's Chair Gary Gensler has not explicitly said ether is a security. However, Consensys alleged that the agency has considered ether to be a security, in a
Standard Chartered analyst Kendrick said that cryptocurrency ETFs such as Solana (SOL) and XRP (XRP) could be approved in 2025.
Following the recent approval of Spot Ethereum exchange-traded funds (ETF), Standard Chartered Bank analyst Geoffrey Kendrick says that the next chapter of crypto ETFs may be around the corner in 2025.
For other coins (eg. $SOL , $XRP ) markets will look ahead to their eventual ETF status as well, albeit this is likely a 2025 story not a 2024 one," Kendrick, head of forex and digital assets research at Standard Chartered Bank, said Friday in a statement to The Block.
Ethereum ( $ETH ) Foundation Executive Director Aya Miyaguchi said the organization is accelerating work on a formal policy to address potential conflicts of interest after two of its researchers disclosed receiving “significant” EigenLayer token incentives.
“The Ethereum Foundation’s credible neutrality is critical for us to perform our role in the ecosystem. We are aware of the current conversation about potential conflicts of interest, and share the community’s concerns,” Miyaguchi posted to X on Friday.
Popular meme coins Dogecoin ( $DOGE ) and Shiba Inu ( $SHIB ) spiked Friday after Elon Musk tweeted about the passing of Kabosu, the dog that inspired the tokens.
Kabosu, the face of dogecoin and several other meme tokens, died early Friday, her owner wrote in a blog post. She was over 17 years old.
The U.S. said a Chinese crypto mining company operating near an Air Force base in Wyoming posed a national security threat and ordered the firm to exit the property.
LocalMonero, a peer-to-peer crypto exchange for the #Monero cryptocurrency, announced on Tuesday that it is winding down the platform after nearly seven years of operation due to “internal and external factors.” The platform did not provide specific reasons for the closure.
The quantitative trading company Susquehanna International Group purchased more than $1.1 billion worth of #bitcoin ETFs in the first quarter of 2024, holding approximately $1.09 billion in $GBTC, $83.74 million in $FBTC and increased its holdings of ProShares BITO shares to 7,907,827 shares.
Venezuelan Oil company is considering using Crypto for Oil Sales
The Venezuelan state-run oil company “PDVSA”, is considering using Tether (USDT) for oil sales after the oil sanctions return, according to a report from Reuters.
The U.S. Treasury Department last week gave PDVSA’s customers and providers until May 31 to wind down transactions under a general license it did not renew due to a lack of electoral reforms.
The move will make it harder for the country to increase oil production and exports, as companies will have to wait for individual permits from the United States to do business with Venezuela.
Authorities in Thailand have decided to block “unauthorized” crypto platforms to increase the efficiency of law enforcement in solving the problem of online crime, according to an announcement on Friday.