Crypto News

Grayscale Sues SEC Over Rejection of Proposed Spot Bitcoin ETF
One of the world’s largest digital asset managers sued the US Securities and Exchange Commission (SEC) shortly after the agency rejected its application to convert its flagship bitcoin trust into an exchange-traded fund (ETF) on Wednesday.

CoinFlex CEO says withdrawals unlikely to resume on Thursday
Crypto exchange CoinFlex is “unlikely” to resume withdrawals on Thursday, June 30 as it had originally hoped, according to its CEO Mark Lamb, as the company continues to search for buyers of its $47 million bad debt.

$SHIB and $MATIC Among Few Coinbase Listings to Have ‘Positive Post-Listing Performance’
The meme-inspired cryptocurrency Shiba Inu ($SHIB) and a few other cryptoassets including Polygon ($MATIC) and Unifi are the few altcoins that have been listed on the Nasdaq-listed cryptocurrency exchange Coinbase in 2021 and 2022 to remain above listing price.

EU Passes A Bill to Trace the Flow of Bitcoin & Crypto Assets In Regulatory Tightening Measures
On Wednesday, June 29, the Parliament and Council negotiators reached a deal over a new bill that will allow them to trace the transfers of crypto assets like Bitcoin and other digital asset tokens.

E-commerce Giant Ebay Files Trademark Applications Covering Wide Range of Metaverse, NFT Services
E-commerce giant Ebay has filed two trademark applications covering a wide range of products and services relating to the metaverse and non-fungible tokens (NFTs).

North Korea’s Lazarus Group Behind $100 Million Horizon Hack, Harmony Initiates Global Manhunt
As per the latest report, the notorious Lazarus Group from North Korea is behind the $100-million hack of the Horizon bridge. As per the Bloomberg report, London-based Elliptic Enterprises was actively tracking the stole funds and has come to this conclusion.