Author: American Coins & Gold

Hex Trust Issues First Native Stablecoin on Layer-1 Blockchain Flare
Hex Trust Group has issued USDX, the first native stablecoin on layer-1 blockchain Flare, according to a press release.

MOG, PEPE Rocket as Traders Search for Ether Beta Bets
Meme coins have been increasingly seen as a way to bet on the growth of the underlying network they are issued on.

Ether ETF Hopes Drive Futures Open Interest to Record B
The notional open interest, or the dollar value locked in the number of active ether futures contracts, surged by 25% in a single day.

Bitcoin Surges Over K as Ether ETF Hopes Lead to 0M in Short Liquidations
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.

Ether Surges 17%, Polymarket Approval Chances Rocket as ETF Makes Regulatory Progress
The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed.

Ether (ETH) Surges 17%, Polymarket Approval Chances Rocket, as ETF Makes Regulatory Progress
The U.S. SEC has asked exchanges to update 19b-4 filings for ether ETFs ahead of a key deadline, suggesting potential approval progress, though approval is not guaranteed.

NYAG Takes Victory Lap as Court Approves Genesis Settlement
NYAG says the settlement will establish a fund for New Yorkers who invested more than $1.1 billion in Genesis through the Gemini Earn program and blocks Genesis from operating in the state.

Democrat House Leadership Says Crypto Bill Vote Won't Be Whipped
Ranking members strongly oppose this bill as written, an email obtained by Politico reads, but will stop short of putting it to a whipped vote

Alleged Owner of Darknet Narcotics Bazaar ‘Incognito Market’ Arrested in New York
U.S. authorities have arrested and charged a Taiwanese national with operating darknet drug bazaar Incognito Market, which he allegedly used to facilitate over $100 million in crypto-denominated sales of illegal narcotics including fentanyl.

Gaming Token Gala Stabilizes as Company Says Security Incident 'Contained'
Someone minted 5 billion GALA tokens and then sold them on decentralized exchange Uniswap