EddieJayonCrypto

 28 May 24

tl;dr

• Mt. Gox initiated a $5 billion Bitcoin transfer, the first movement in over five years, ahead of its creditor repayment deadline, sparking market reactions.• Solana approved a proposal to allocate 100% of priority fees to validators, aiming to increase rewards and impacting token economics.• Forme...

• Mt. Gox initiated a $5 billion Bitcoin transfer, the first movement in over five years, ahead of its creditor repayment deadline, sparking market reactions.
• Solana approved a proposal to allocate 100% of priority fees to validators, aiming to increase rewards and impacting token economics.
• Former SEC Chair Jay Clayton predicts the approval of spot Ethereum ETFs on US stock exchanges, pending registration statement approvals.
• Floki Inu launched a closed beta mainnet for its trading bot on Ethereum, Coinbase's Base, and Binance's BNB Chain, with limited access for early users.
• Vanguard filed for new specialized funds with the SEC, exploring crypto-related terms, signaling potential shifts in its stance on digital assets.
• Friend.tech co-founder hinted at leaving the Base Ethereum network, following a sharp token drop, and announced a bounty for migration solutions.
• The Bank of England settled a $1.5 million case with the FDIC for deceptive practices targeting veterans, with additional penalties for former employees.
• Chainlink surged over 10% following news of collaboration with Swift at the Consensys conference and positive institutional partnerships like Depository Trust & Clearing Corporation (DTCC)
• NY Attorney General warned crypto companies to comply with regulations, following a $2 billion settlement with Genesis Global Capital.

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