Author: American Coins & Gold

Rollup Platform Dymension’s DYM Reaches .2B Valuation After Botched Start
As of Wednesday morning, validator “Big Brain Staking” holds over 35% of staked DYM tokens – attracting criticism from DYM holders for its large network influence.

Crypto Crime Could Mean Jail for Life in South Korea
The new consumer protection rules will take effect in July 2024.

Whales Grab M of Chainlink’s LINK as Price Climbs 40% in a Month
LINK is one of the year’s top-performing tokens, driven largely by hype around the tokenization of real-world assets.

Whales Grab M in Chainlink’s LINK as Price Climbs 40% in a Month
LINK is one of the year’s top-performing tokens, driven largely by hype around the tokenization of real-world assets.

B2C2 Gains Luxembourg Virtual Asset License as EU's Crypto Rules Set to Kick In
The liquidity provider is expanding to Luxembourg in a bid to widen its EU presence six months after gaining a license to operate in France.

SEC Delays Another Ether ETF Application
A decision for approving or denying a joint Ether ETF product has been pushed back, in line with analyst expectations.

Taproot Wizards' New Bitcoin NFTs Already Trading at Twice the Initial Sale Price
With almost two hours left for whitelisted buyers to claim the digital-art collectibles, at least 2,560 of the series of 3,000 had been claimed, at a fixed price of 0.1 BTC ($4,274 each).

Craig Wright Denies Forging Evidence He’s Satoshi on Day 2 of COPA Trial
From self-plagiarism to poor multitasking, the self-proclaimed Bitcoin inventor offered an explanation for every inconsistency pointed out by opposing counsel during his first cross-examination in the London court case.

BlackRock’s Bitcoin ETF Inflows Climb to Fifth-Highest Among All ETFs in 2024
Only 17 days after its launch, the BlackRock iShares Bitcoin Trust (IBIT) has become one of the top five exchange-traded funds (ETFs) of 2024 based on inflows, according to data from Bloomberg Intelligence.

U.S. SEC Clears 'Dealer' Rule Expansion That Could Rope in DeFi
The U.S. Securities and Exchange Commission (SEC) widened its definition of a dealer today to pull many more financial operations into its jurisdiction – including, as it warned in a footnote of its original proposal – those dealing in crypto securities.