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Solana Inflation Reform Effort Fails on Dramatic Final Voting Day – CoinDesk

Solana's high staking reward lives to inflate Sol on another day. Controversial efforts to reform the blockchain network's generous inflation regime floped on Thursday as SIMD-0228 supporters failed to capture the super-majority needed to implement major economic changes. The surprising result hit the Solana power brokers who gathered to replace Solana's static inflation mechanics with […]

Bitcoin's Role in DeFi Is 'Untapped Opportunity,' Binance Research Says – CoinDesk

Bitcoin (BTC)'s role in decentralized finance (DEFI) is growing as the world's biggest cryptocurrency evolves from more than just value, Binance Research said in a report on Thursday. The Bitcoin Network is “evolving into a broader, distributed financial ecosystem with the advent of Bitcoin receivables,” writes analyst Moulik Nagesh. This is the sector that unlocks […]

SEC Seems Ready to Advance XRP, Litecoin, Solana ETF Applications – CoinDesk

The Securities and Exchange Commission has taken the first step to grant new crypto exchange funds (ETFs) that track the price of assets such as Litecoin and Solana. Further indication of new encrypted administrators in step agency to launch XRP ETF. Earlier on Thursday, the SEC approved the submission of Solana (SOL) ETFs by Grayscale. […]

SEC Approves Bitwise Spot Bitcoin and Ethereum ETF – CoinDesk

US Securities and Exchange Commission Approved another joint bitcoin and ether exchange trade fund (ETF) On Thursday, investors will be exposed to two digital assets with one regulated financial product. SEC has announced that it has approved the same product submitted by Hashdex and Franklin Templeton, and then has given Bitwise bitcoin and acceleration approval […]

Nasdaq Files for In-Kind Redemptions for BlackRock Spot Bitcoin ETF – CoinDesk

NASDAQ has submitted proposed rules to allow the BlackRock IsharaS Bitcoin Trust (Ibit) to create and redeem the actual product. Friday Submitted to the US Securities and Exchange Commission (SEC). This process allows a large -scale institutional investor called APS (APS) directly can purchase and redeem the funds of the fund (BTC). AP is considered […]