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JPMorgan ether warning says network boom is the only fix

JPMorgan ether and altcoin analysts said the tokens won’t catch bitcoin without a major lift in network activity. JPMorgan said ether and the broader altcoin market are unlikely to reverse a multi-year underperformance against bitcoin without a meaningful pickup in…

The US CFTC has filed a lawsuit against Minnesota’s first state-level bill that explicitly bans prediction markets.

PANews reported on May 20th that, according to The Block, the U.S. Commodity Futures Trading Commission (CFTC) and the Department of Justice have sued the state of Minnesota and its Governor Tim Walz, alleging that the state’s newly signed omnibus bill illegally bans prediction markets. The lawsuit, filed less than 24 hours after Walz signed … Read more

Stablecoin Infrastructure Startup Checker Raises $8M from Galaxy Ventures and Others

Shenchao TechFlow News, May 19, according to The Block, Checker, a stablecoin infrastructure startup targeting institutional clients, has completed a total of $8 million in pre-seed and seed round financing, with Galaxy Ventures, Al Mada Ventures, and Framework Ventures as leading investors. Checker stated that over the past 12 months, it has processed more than … Read more

今日加密货币市值前 100 代币涨跌:MemeCore 涨 9.45%,Flare 跌 3.74%

深潮 TechFlow 消息,5 月 19 日,据 CoinMarketCap 数据,今日加密货币市值前 100 代币表现如下: 涨幅前五: MemeCore(M)涨 9.45%,现价 3.47 美元; NEAR Protocol(NEAR)涨 7.57%,现价 1.62 美元; Ondo(ONDO)涨 6.64%,现价 0.3635 美元; Injective(INJ)涨 6.52%,现价 4.89 美元; edgeX(EDGE)涨 6.32%,现价 1.29 美元。 跌幅前五: Flare(FLR)跌 3.74%,现价 0.008248 美元; Bitcoin Cash(BCH)跌 1.85%,现价 365.53 美元; Canton(CC)跌 1.38%,现价 0.1478 美元; Sun [New](SUN)跌 1.08%,现价 0.01969 美元; Stellar(XLM)跌 0.89%,现价 0.1448 美元。

Deloitte acquires team from crypto infrastructure company Blocknative, which will cease operations.

PANews reported on May 20th that, according to The Block, Deloitte has acquired the team from crypto infrastructure company Blocknative through a talent acquisition. The Blocknative team will “focus on driving Web3 innovation across Deloitte’s client portfolio.” Blocknative’s website has announced that the company is “ceaseing operations,” with its API and Gas Network expected to … Read more

Galaxy Digital wins New York BitLicense

Galaxy Digital secured a BitLicense from New York on May 18 to offer regulated crypto services to institutions. Galaxy Digital announced on May 18 that the New York State Department of Financial Services granted its subsidiary GalaxyOne Prime NY both…

Cuban: Crypto Industry Finally Wants Regulation

Billionaire investor Mark Cuban is pointing to the cryptocurrency industry’s dramatic pivot on government regulation to defend his controversial new proposal for a federal tax on artificial intelligence.