The Securities and Exchange Commission (SEC) is seeking feedback from the public regarding BlackRock’s revised application to launch a cash-settled Ether exchange-traded fund (ETF) on the spot market. Previously, Nasdaq had proposed an asset swap arrangement for this ETF, but the SEC has now asked for comments on the modification to the rule. Key topics … Read more
At the latest financing event, Perplexity AI, an innovative startup specializing in generative artificial intelligence and search engines, secured $62.7 million in investments. This new funding has increased the company’s valuation to over $1 billion. This significant achievement comes just months after their previous investment round in January, showcasing impressive growth and investor trust. Investment … Read more
● NUGX, or NuggetRush, is a fresh crypto innovation that lets users earn by playing games. In this P2E (play-to-earn) platform, players establish mining empires, generate income, gather NFTs (non-fungible tokens), and engage in various in-game activities. NUGX also champions artisanal mining communities and boasts a robust governance system. The cryptocurrency market is known for … Read more
Jupiter, the decentralized exchange aggregator on the Solana blockchain, has broadened its scope by taking over Ultimate Wallet, a company specializing in self-custody digital wallet solutions. Jupiter’s decision to acquire Ultimate Wallet is a key step in their plan to boost mobile functionality and draw in hordes of new users. As stated in their announcement, … Read more
The SEC’s review process for Grayscale’s application to change its trust into an Ethereum ETF has been postponed in the United States. The SEC has postponed making a decision about allowing U.S. stock markets to offer and trade Ethereum (ETH) ETFs proposed by Grayscale until June 23rd. The Commission decides to give itself more time … Read more