Author: Crypto News Live

Ethereum ETF approval is expected by September allowing issuers to prepare for trading. ETH price declined post-announcement but showed recovery. After much anticipation regarding the approval of Ethereum [ETH] spot Exchange Traded Funds (ETFs), the SEC has finally provided a specific timeline. Is SEC ready to approve the ETH ETF? During a budget hearing on 13th June, SEC Chair Gary Gensler responded to U.S. Senator Bill Hagerty’s inquiry about the approval process for ether ETFs and indicated that the approvals are expected to take place this summer. Providing further insights on the same, Gensler added,  “Individual issuers still are working…

Supra, a fully integrated Layer-1 blockchain platform, has announced the launch of its inaugural contest, the Super dApp Showdown, as per the most recent updates shared with Finbold on June 13. Set to begin in August 2024, the contest aims to spotlight innovative decentralized applications (dApps), or Super dApps, created by top blockchain developers. A panel of judges, including representatives from Supra, Google Cloud, Republic Crypto, and Hashkey Capital, will evaluate the entries. The Super dApp Showdown The Super dApp Showdown invites developers to build on Supra’s Layer-1 network boasting Multi-VM support, in-protocol oracles, verifiable random function (VRF), bridges, and…

Bybit, one of the top three cryptocurrency exchanges by volume, teamed up with the Blockchain for Good Alliance to host a live stream for the Web3 WAGMI Race: Who’s Gonna Make It? event, as per the latest information shared with Finbold on June 13. The event featured distinguished speakers from Animoca Brands, Solana Foundation, Aptos (APT), Sei (SEIC), Taiko, and ConscienceLAND. Discussing the future of Web3 Key figures from the Web3 sphere were brought together to form three debating teams: Team DeFi, Team Real-World, and Team Chains. Each team offered profound insights and expert predictions on the trajectory of blockchain…

TL;DRFull Story“Crypto news media doesn’t repeat itself, but it certainly rhymes”— Us, said just now.We closed out yesterday’s lead article with this:“The easier a luxury brand (or any business) makes it for cashed-up folks to spend their crypto → the more money they’re likely to make as a result.(The real opportunity here lies in the fact that so few businesses accept crypto)”And today we got wind of this:The crypto payments platform Helio just made a massive update to its Solana Pay plugin for Shopify, allowing millions of Shopify merchants to accept payments in hundreds of different cryptocurrencies.Which is important, because:The…

ProShares filed an S-1 to launch an Ethereum ETF. ETH’s price continued to decline along with its network growth. Over the past few days, Ethereum [ETH] fell victim to the larger bearish sentiment prevailing in the market and witnessed a correction. It’s raining ETFs However, financial institutions did not lose any enthusiasm and ETF applications continued to be submitted to the SEC. ETF issuer ProShares took a significant step towards launching its spot Ethereum ETF by filing an S-1 registration statement. According to the filing, Coinbase Credit will act as a critical partner by providing ProShares with a trade credit…

Core has officially announced the addition of Joyride Games to its ecosystem, marking a significant expansion in its gaming offerings. Joyride Games, renowned for hits like Solitaire Blitz, Trickshot Blitz, and Carrom Blitz, has become part of the Core family, promising to elevate the gaming experience for its community. This integration reflects a strategic alignment with Core’s robust security and seamless integration capabilities, which are essential for smoothly onboarding decentralized applications (dApps) and games. https://t.co/mzYymAuEHc — Core DAO 🔶 (@Coredao_Org) June 13, 2024 Joyride Games is a prominent name in blockchain gaming, facilitating over 65 million blockchain transactions. By joining…

On the ground for XRP Ledger Apex 2024, we caught up with Jazzi Cooper, Lead Product Manager at Ripple X and a major driving force behind its ambitious mission. In an exclusive interview, Jazzi shared insights into Ripple X’s role in reshaping the financial landscape and paving the way for a future powered by blockchain technology. Why Traditional Finance Needs a Disruption “Traditional finance rails today, as we know, are insufficient. Payments take multiple days if not weeks (…) and settlement is slow,” Jazzi remarked, setting the stage for a discussion on the urgent need for disruptive solutions in the…

Access Protocol has launched a Subscription Quest initiative with Superboard to introduce its new transferable subscription feature, which offers up to $25,000 in prizes. Transferable Subscriptions are designed to revolutionize interactions with creators. These subscriptions utilize compressed NFTs to enable the creation, purchase, sale, and transfer of Access subscriptions. According to the protocol, this feature is the final component of its Access v2 upgrade. The protocol explained that its Quest initiative aims to engage both new and existing users. The campaign celebrates community, innovation, and a forward-thinking approach to digital content consumption. It stated: “This campaign is set to not…

The IOTA Foundation’s Web3 Identification Solution has been chosen for the European Blockchain Sandbox program, signifying a major advancement in the development of Know-Your-Customer (KYC) procedures and privacy within the Web3 realm. This decision is crucial in driving discussions on regulatory considerations surrounding KYC and privacy, particularly as decentralized finance (DeFi) draws increasing attention from authorities.European Blockchain Sandbox InitiativeIn 2023, the European Commission launched the European Blockchain Sandbox, a controlled environment for testing and validating new distributed ledger technology (DLT) solutions. This initiative aims to promote collaboration with regulators throughout the EU, facilitating rigorous evaluation of innovative projects within a…

Lido leads Ethereum staking with over 27%. MetaMask has launched a new staking feature similar to Lido’s Ethereum [ETH] staking has gained popularity ever since the network transitioned from Proof of Work (PoW) to Proof of Stake (PoS). Numerous platforms have been offering staking services for retail stakers, and recently, MetaMask has joined the fray by providing its staking services. New Ethereum staking feature unveiled In a recent development, ConsenSys announced that MetaMask is launching a pooled staking feature for its users. This new feature will allow Ethereum holders to stake their holdings without needing the standard volume required of…