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London Stock Exchange to Launch Bitcoin and Ethereum ETN Market on May 28
The London Stock Exchange (LSE) has disclosed plans to introduce a market for exchange-traded notes (ETNs) based on Bitcoin (BTC) and Ethereum (ETH) on May 28, 2024. This announcement follows the LSE's previous notice on March 11, 2024, which stated that the exchange would accept applications for admission to trading of Bitcoin and Ethereum Crypto......
Binance Russian Successor CommEx Winds Down
CommEx, the cryptocurrency exchange that took over the Russian business of Binance in September 2023, has officially announced its decision to wind down operations. It has also immediately halted deposits on its platform. The announcement comes as Binance faces increasing regulatory scrutiny worldwide, with the Philippines recently blocking local user access to the exchange due......
Philippines Securities Regulator Moves to Block Crypto Exchange Binance
The Securities and Exchange Commission (SEC) of the Philippines has decided to block local user access to cryptocurrency exchange Binance. The move comes in response to concerns over the firm's unlicensed operations in the country. The SEC alleged that this poses a threat to the security of Filipino investors' funds. Key points: The SEC has......
Spot Bitcoin ETFs Hit Record Five-Day Streak of Net Outflows Amid Weak Inflows
Spot Bitcoin exchange-traded funds (ETFs) have reached a new milestone this week. However, it's not one that crypto traders are likely to enjoy. For the first time since their inception, these ETFs have experienced five consecutive days of net outflows, surpassing the previous record of a four-day streak set in January of this year. Key......
EU Parliament Committees Approve Ban on Anonymous Crypto Transactions
The European Union is set to implement new anti-money laundering (AML) and counter-terrorism financing laws that will significantly impact the cryptocurrency market. A majority of the EU Parliament's lead committees have approved a ban on anonymous crypto transactions of any value made through hosted or custodial crypto wallets offered by third-party service providers, such as......
🥛 The Top 5 Tokens of the Week 🤑
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🥛 Ethereum’s in the hot seat 🧐
Today’s edition is brought to you by DeepBrain Chain – a decentralized high-performance GPU computing network backed by a dynamic community uniting developers, investors, founders, and policymakers who are leading the charge in mainstreaming cryptocurrency. Visit DeepBrain Chain to learn more!GM. This is Milk Road, where we share crypto wisdom like passing down a family recipe......
UN Panel Investigates North Korea’s $750 Million Cryptocurrency Cyberattacks
A report by a United Nations panel of experts has shed light on the extent to which North Korea relies on cryptocurrency and other malicious cyber activities to generate foreign currency revenue and fund its weapons programs. The panel under the UN Security Council's (UNSC) sanctions committee on North Korea released the report on Wednesday.......
Coinbase Plans to Launch Dogecoin Futures Contracts, DOGE Surges
Coinbase, one of the world's leading cryptocurrency exchanges, has announced its intention to launch cash-settled futures contract products for Dogecoin (DOGE), Litecoin (LTC), and Bitcoin Cash (BCH) as early as April 1, 2024. In a series of letters addressed to the United States Commodity Futures Trading Commission (CFTC) on March 7, Coinbase Derivatives outlined its......
