After a long history of blocking crypto-related exchange-traded funds, news around the blockchain is that the SEC will not block or oppose ETF applications. Officials and sources close to the matter have stated that approvals could come as early as October, but the SEC has yet to comment on the matter. Let’s find out more. 

Ethereum

The United States Securities Commission (SEC) is all set to greenlight the first exchange-traded funds (ETFs) based on Ether (ETH) futures in a big win for the crypto space.

Former United States President Donald Trump’s latest public financial disclosure has revealed that he owns around $250,000 to $500,000 worth of Ethereum (ETH). 

Global payment giant Visa has completed a test for an innovative solution on the Ethereum blockchain, which will allow its users to pay on-chain gas fees using a Visa debit or credit card.

DeFi

Binance has officially announced the launch of its opBNB Mainnet, a notable addition to the burgeoning decentralized scaling solutions sector.

Ethereum layer-2 solution Arbitrum is set to “cliff unlock” over 1 billion worth of $ARB on March 16, 2024, and finally start ARB’s staggered unfreezing over the next four years. 

Prominent decentralized exchange Uniswap has confirmed that it has fired a prominent developer over his involvement in a $25,000 memecoin rug pull. 

Altcoins

Trading-focused blockchain Sei’s latest SEI token launch did not go over as well as expected after being plagued with delays and problems with the token giveaway.  

Following negative downward price action since November 2021, the Go to Source to See Full Article
Author: Amara Khatri

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