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The Philippines Securities and Exchange Commission (SEC) ordered both Google and Apple to remove the Binance app from their respective app stores for users in the Philippines.
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San Francisco-based Movement Labs has raised $38 million in Series A funding to advance its vision of constructing a network of blockchains based on Facebook's Move programming language. The funding round was spearheaded by Polychain Capital, with participation from Aptos Labs, Bankless Ventures, OKX Ventures, and several other prominent venture capital firms.
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The crypto industry's ongoing battle with the Securities and Exchange Commission escalated as Consensys, a key supporter of the Ethereum blockchain, lodged a lawsuit in a Texas federal court on Thursday. The filing aims to preempt a potential SEC lawsuit regarding aspects of its MetaMask wallet, while also seeking clarity on whether Ethereum's Ether token qualifies as a security, a significant legal ambiguity for the crypto sector.
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A rare satoshi, dubbed an "epic sat," mined from the fourth Bitcoin halving block, sold for $2.13 million on CoinEx Global. This smallest Bitcoin unit holds intrinsic collectible value, with the auction attracting 34 bids before closing.
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Driven by burgeoning interest in Runes, the Bitcoin network surged past 926,000 daily transactions, marking a notable milestone. This surge coincided with the introduction of Bitcoin Runes, a novel protocol facilitating fungible token issuance on the Bitcoin network. Runes, constituting a staggering 68% of all Bitcoin transactions, have witnessed a total of 3.6 million transactions executed by investors.
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Eminem, the renowned global music sensation, shared a fresh Crypto.com advertisement on X. They revealed that the ad is set to debut this Saturday during the NBA Playoff game featuring the Los Angeles Lakers at the Arena.
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The listing of the Franklin Templeton Ethereum spot ETF on the DTCC website doesn't ensure SEC approval of the S-1 filing for a spot Ether ETF. While Franklin Templeton has launched its Ethereum ETF, EZET, and it's available for creation and redemption, approval from the SEC for a spot Ether ETF is a separate process.
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