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Quick Take The settlement, which also names its CEO, William Barhydt, requires Abra to stop making, buying, selling, or trading crypto to U.S. Abra Trade customers and requires the firm to return $82 million in virtual assets to customers. A group of state regulators investigated Abra and found that the firm operated a mobile application for buying, selling, trading, and investing in crypto and didn’t get the required licenses.

Quick Take The team behind the Bitcoin Virtual Machine launched ZK-proof service BitZK last week. Zero-knowledge proofs are used in blockchain circles to compress data and have become the basis for many of the most popular rollups on Ethereum. BVM is a general-purpose state machine similar to Ethereum, which uses Bitcoin’s security.

Share link:In this post: U.S. spot bitcoin ETFs experienced a reversal in outflows on June 25 The 11 ETFs collectively hold nearly $52 billion in BTC reserves VanEck files a Form 8-A with the SEC for its spot Ethereum ETFDisclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investmen

SEC may approve spot Ethereum ETFs by July 4, according to Reuters, which cited anonymous sources.BlackRock, Fidelity and Franklin Templeton among the asset managers who both launched a spot bitcoin ETF earlier this year and have also applied to issue a spot ether ETF.

As Friday’s quarterly options expiry approaches, bitcoin derivatives brace for heightened volatility, driven by the phenomenon of a “quadruple witching.”A large portion of the open interest on Deribit ahead of Friday’s expiry is in-the-money (ITM), which could lead to increased trading volume, the analyst added.