Newly launched whale wallets turn to 5 altcoins after Ether ETF approval 24 May 202412:34 GMT+3
BTCUSD +1.06%
XRPUSDT +0.95%
ETHUSD +0.51%
XRPUSD +1.07% After the US Securities and Exchange Commission (SEC) approved Ether spot ETFs, cryptocurrency investors began to look more positively at many altcoins on the Ethereum network.
According to Lookonchain, an on-chain data tracking platform; Newly opened whale wallets that made million-dollar purchases turned to 5 altcoins after SEC approval. Lido (LDO), Aave (AAVE), Uniswap (UNI), Chainlink (LINK) and Ethereum Name Service (ENS) were among the purchases made by whales.
In the information provided, attention was drawn to the purchases made this morning:
0x43cA wallet opened 4 days ago, 82 thousand ENS worth 2 million dollars from Binance,
0xBbDC wallet, opened 4 days ago, contains 214 thousand UNIs worth 2 million dollars,
0xCD0a wallet, opened 5 days ago, contains 19.7 thousand AAVEs worth 2 million dollars,
0x2019 wallet opened 5 days ago, 19.9 thousand AAVE worth 2 million dollars,
Wallet 0xBD07, opened 5 days ago, contains 873 thousand LDOs worth 2 million dollars,
Wallet 0xe934, opened 4 days ago, contains 602 thousand LDOs worth 1.4 million dollars,
Wallet 0xf07B, opened 6 hours ago, contains 915 thousand LDOs worth 2.1 million dollars,
0x2A3C wallet opened 5 hours ago, 66 thousand LINK worth 1.3 million dollars
Dora Factory Provided $10 Million Strategic Financing 24 May 202414:09 GMT+3
Dora Factory, a leading decentralized governance infrastructure, announced the completion of another $10 million strategic raise. Nomad Capital, No Limit Holdings, Sky9 Capital, Singapore's UOB-Signum Blockchain Fund, Interop Ventures, Cai Wensheng's Longling Capital and nine other well-known institutional investors participated in the round.
The investment will accelerate the adoption and strategic expansion of Dora Factory's decentralized governance and public goods finance technology stack.
Dora Factory is a leading infrastructure focused on decentralized governance and public goods technology. Its core products include its flagship Public Good Staking infrastructure, which enables block incentive-driven ecosystem financing; Dora Vota, a Cosmos SDK application chain that hosts dGov protocols; It features anonymous MACI and public MACI, a privacy-preserving, collusion-resistant zk voting infrastructure, and a multi-chain Quadratic Governance protocol stack, an on-chain mechanism that democratizes public goods financing.
The "Crypto Asset Law", which has been on our agenda for a long time, was finally submitted to the Turkish Grand National Assembly as an amendment proposal to the Capital Markets Law. During this process, many different drafts were leaked to the public and there were many changes, but it is possible to say that a version very close to the document known as the “November Draft” or “v.27” was published in our ecosystem. This proposal, which regulates many issues such as licensing of exchanges, transferring a portion of their revenues to the state, positioning of foreign exchanges, responsibility of managers, TÜBİTAK's role in the crypto asset ecosystem, user recognition rules, storage of crypto assets, has already created a great movement in the ecosystem. For those who don't know, there is no obligation to accept the offer as it is; It is also a legal possibility that it will be amended during the legalization process, rejected, or even partially or completely annulled if an annulment is requested from the Constitutional Court.
When we take a step back, as can be observed from the main justification, the passage of this law was highly desired by international organizations. We saw these regulations, which were expected to be published in the 3rd quarter according to the calendar, before the end of the 2nd quarter, as it is one of the issues directly associated with our country's exit from the FATF's "grey list". Although there may be changes in the content, I predict that the probability of it being rejected completely is quite low. The distinction made for crypto assets as securities, e-money and utility tokens in the justification also gives clues that they are working with an approach that follows Europe's new legislation, MiCA.
As of the new proposal, crypto asset service providers will be able to operate only if they obtain permission. The licensing approach is implemented in many countries around the world, in this sense we can say that it is a consistent regulation.