Telo News - Crypto | DeFi | Web3

29 Apr 2024 16:31

The US SEC has secretly and internally classified Ethereum to be a security since April 2023, according to previously redacted portions of a lawsuit filed by software giant Consensys against the SEC.

As recently as last month, Gary Gensler refused to state the SEC’s position when it comes to ETH.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

29 Apr 2024 15:48

Tether's new venture arm, Tether Evo, has invested $200m in Blackrock Neurotech, making it the majority stakeholder in the BCI technology company.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

29 Apr 2024 13:59

Tiger Brokers announced that it will launch the first six spot ETFs on BTC and ETH issued in Hong Kong on its trading platform.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

29 Apr 2024 09:05

Australia’s largest ASX stock exchange is expected to list its first approved batch of spot Bitcoin ETFs by the end of 2024.

Australian investors have been trading spot Bitcoin ETFs since 2022, currently listed on CBOE Australia.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

28 Apr 2024 09:30

Franklin Templeton's application to launch an Ethereum spot ETF, "FRANKLIN ETHEREUM TR ETHEREUM ETF," is listed on the DTCC website as part of standard pre-launch procedures. It doesn’t indicate approval yet.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

27 Apr 2024 20:55

Thank you for subscribing to Telo News 💙
We provide the latest crypto news, opinions and data analysis that move the market.

━━━━━━━━━━━━━━
▪ Find Telo News in 11 languages
▪ Join discussion in Telo Chat
▪ Follow us on IG and X (Twitter)
▪ Give a Boost to watch exclusive stories
━━━━━━━━━━━━━━

Telo News - Crypto | DeFi | Web3

27 Apr 2024 11:49

DTCC (Depository Trust & Clearing Corporation) stated that ETFs with cryptocurrencies won't get collateral value and will face a 100% haircut in US securities settlement.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 20:59

US Senator Elizabeth Warren wrote to DOJ, labeling cryptocurrency as the preferred payment method for child exploitation materials.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 19:54

Franklin Templeton has reportedly tokenized a $380m treasuries fund, offering shares as BENJI tokens on the Polygon and Stellar blockchains.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 16:07

Ripple has switched its ODL (On-Demand Liquidity) services for US clients from XRP to USDT due to regulatory pressure.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 13:55

BNY Mellon, the world's largest custodian bank, has reported exposure to Bitcoin ETFs in its 13F filings.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 09:55

The SEC is suing Geosyn Mining and its co-founders for a $5.6m fraud, alleging misuse of $1.2m in investor funds and false claims about their operations.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 09:21

Stripe is reportedly resuming cryptocurrency payments, initially supporting USDC on Solana, Ethereum, and Polygon, six years after halting Bitcoin transactions due to volatility.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

25 Apr 2024 20:28

Consensys, a major backer of the Ethereum blockchain, filed a lawsuit against the SEC over features of its popular MetaMask wallet and also asked the court to state Ethereum is not a security.

Consensys has reportedly received Wells Notice regarding MetaMask swap and staking.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

25 Apr 2024 15:59

According to a16z CTO, memecoins affect how crypto is viewed, perceived as risky or deceptive, which impacts adoption, regulation, and innovation, undermining the industry's long-term vision.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

29 Apr 2024 16:15

North Korea’s Lazarus Group laundered $200m worth of crypto into fiat currency over a four year period, according to ZachXBT. 

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

29 Apr 2024 15:29

According to Visa Onchain Analytics Dashboard, USDC has surpassed USDT as the leader in transaction volume this year.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

29 Apr 2024 13:36

Due to the Bitcoin halving and reduced interest in Runes, operational costs for some miners are approaching shutdown levels.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

28 Apr 2024 21:49

zkSNACKs, the creator of Wasabi Wallet, has banned US users indefinitely following the arrest of the Samourai Wallet founder, and implemented a firewall to block the US IP addresses.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

28 Apr 2024 06:12

💌💌💌💌💌
✔️ This week's crypto market highlights:

⚫ SBF agreed to $1.3m settlement
⚫ X got money transmitter license
⚫ TON network transactions surge over 100%
⚫ SEC delays Franklin spot ETH ETF
⚫ CZ faces potential 36-month jail term
⚫ Hong Kong to launch BTC and ETH ETFs on April 30

▪ Telegram ▪ X  ▪ Community

Telo News - Crypto | DeFi | Web3

27 Apr 2024 12:50

Forbes identified 20 "zombie tokens" worth over $1bn each, such as XRP and ADA.

Despite their high market value, tokens like XRP had minimal transaction fees last year, indicating limited usage.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

27 Apr 2024 11:19

Republic First Bank in Pennsylvania has collapsed and been seized by regulators, with Fulton Bank taking over its operations.

This marks the first US bank failure of the year, with Republic First Bank holding $6bn in deposits.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 20:23

China's crypto transaction ban reportedly prevents mainland investors from accessing Hong Kong's Bitcoin and Ether ETFs.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 19:33

Five rules for token launches from a16z:

⚫️Never publicly sell tokens in the US for fundraising purposes
⚫️Ensure the project's decentralization to enhance trust and reliability
⚫️Communication plays a crucial role in the success of a project
⚫️Exercise caution when dealing with secondary market listings and liquidity
⚫️Apply token lockups for at least one year to stabilize the market

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 14:38

Morgan Creek Capital's CEO predicts baby boomers will invest $300bn in cryptocurrencies within a year due to Bitcoin ETFs, potentially raising the market cap to $6tn.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 11:52

Yao Qian, the creator of China's CBDC and former director of the digital currency research institute, is under investigation for suspected legal violations. Details are undisclosed.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 09:41

Terraform Labs will limit US user access and withdraw $23.8m from liquidity pools following an SEC ruling.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

26 Apr 2024 09:03

The FBI advises Americans to use only cryptocurrency services registered as Money Services Businesses (MSBs) to ensure compliance with anti-money laundering laws.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

25 Apr 2024 16:40

SEC is expected to deny applications for spot Ethereum ETFs next month.

▪ Telegram ▪ X
▪ Community ▪ Source

Telo News - Crypto | DeFi | Web3

25 Apr 2024 15:39

MicroStrategy could reportedly potentially qualify for inclusion in the S&P 500 Index if it adopts new accounting rules.

According to Benchmark, early adoption of these standards could lead MicroStrategy to report a gain of over $300 per share for the first quarter, fulfilling the criteria for index inclusion.

▪ Telegram ▪ X
▪ Community ▪ Source