After less than a month of deliberation and voting, two decentralized autonomous organizations (DAO) have consummated one of the biggest mergers in decentralized finance (DeFi) history.On Tuesday, at Ethereum block height 13850929, a vote to merge Rari Capital and Fei Protocol was approved by members of both DAOs. The measure passed by a 93% to 1% margin among Rari’s RGT … [Read more...] about Rari Capital, Fei Protocol Token Holders Approve Multibillion-Dollar DeFi Merger
approve
US legislators ask SEC to approve a Bitcoin spot ETF
Top lawmakers in the United States have urged the chairman of the Securities and Exchange Commission, Gary Gensler, to approve a spot Bitcoin ETF despite the recent approval of futures-linked BTC ETFs.Lawmakers want a spot Bitcoin ETF approvedIn the letter, signed by Tom Emmer and Darren Soto, the legislators questioned the commission’s logic in approving a Bitcoin futures ETF … [Read more...] about US legislators ask SEC to approve a Bitcoin spot ETF
SEC Will Not Approve Leveraged Bitcoin ETF: Report
The U.S. Securities and Exchange Commission (SEC) will not approve the listing of leveraged bitcoin exchange-traded funds (ETF).The SEC instructed at least one prospective ETF provider not to proceed with their plans for a leveraged funds, the Wall Street Journal reported on Thursday, citing a person familiar with the matter.The U.S. markets regulator wishes to limit … [Read more...] about SEC Will Not Approve Leveraged Bitcoin ETF: Report
Is Ripple annoyed over the SEC’s decision to approve a Bitcoin ETF?
The U.S Securities and Exchange Commission (SEC) made history last week by greenlighting a Bitcoin Futures ETF from ProShares.Speaking on Fox Business, Ripple CEO Brad Garlinghouse said the decision could be good for XRP, as it demonstrates that at least one cryptocurrency has clarity and certainty.But post-interview, sharing his thoughts on the matter, interviewer Charles … [Read more...] about Is Ripple annoyed over the SEC’s decision to approve a Bitcoin ETF?
SEC could approve Bitcoin futures ETF in October, analysts predict
The United States Securities and Exchange Commission (SEC) is likely to approve a Bitcoin (BTC) futures exchange-traded product (ETF) by the end of October, according to Bloomberg ETF experts.Bloomberg ETF analysts, Eric Balchunas and James Seyffart, issued an investor note on Tuesday suggesting that last week’s abrupt withdrawals of Ether (ETH) futures ETF proposals by VanEck … [Read more...] about SEC could approve Bitcoin futures ETF in October, analysts predict