SoftBank plans to invest $9 billion annually in artificial intelligence (AI) development. Normie suffered a flash loan attack and proposed to the attacker to return 90% of the stolen ETH while allowing them to keep 10% as a reward. Industry insiders claim that several platforms have withdrawn their Hong Kong VASP license applications due to high compliance costs and low local market attractiveness. The X account of renowned trader GCR was hacked, leading to a significant increase in ORDI prices. President Trump promises to commute the sentence of the Silk Road founder if reelected. Web3 entertainment studio Feature has completed a $1.9 million financing round. A Chinese woman has been sentenced to 6 years and 8 months in London for Bitcoin money laundering, with the assets involved potentially going to the UK police and Home Office. In other news, the US House of Representatives has passed the Republican-supported encrypted FIT21 bill. The SEC has approved the 19B-4 forms for eight Ethereum ETFs, but official listing is still pending. Ethereum’s next upgrade, Pectra, is scheduled to launch in Q1 2025. Is FIT21 the most significant crypto regulation bill in US history?
Coinbase’s Chief Legal Officer: Approval of Ethereum ETF for Spot Trading Means “ETH is Essentially Regarded as a Commodity”
By admin
Coinbase's Chief Legal Officer: Approval of Ethereum ETF for Spot Trading Means "ETH is Essentially Regarded as a Commodity"