Alongside the new entities, Fantom raised $10 million in a funding round that will go towards Sonic’s ecosystem development. Source: https://www.coindesk.com/tech/2024/05/23/fantom-foundation-creates-sonic-foundation-labs-for-new-sonic-chain/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Source: https://www.coindesk.com/opinion/2024/05/23/the-true-value-of-web3-you-can-take-your-toys-and-leave/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A year ago, “Crypto+AI” sounded like a game of “VC mad libs.” Now, as real-world applications begin to emerge, the idea makes much more sense. Jeff Wilser, who is …

To unlock the full potential of Web3, it’s imperative for marketers to personalize content based on the pseudonymous data in your wallet, says PeteCoin, VP of Growth, Serotonin. Source: …

The latest price moves in bitcoin (BTC) and crypto markets in context for May 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the …

Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path, the …

Ether’s price has jumped 18% in six days in hopes the U.S. SEC would approve a spot ETH exchange-traded fund (ETF). Source: https://www.coindesk.com/markets/2024/05/23/ethers-bull-momentum-is-strongest-since-may-2021/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Holders cumulatively bought over 100,000 ETH in spot markets on Tuesday, the highest daily level since September 2023. Source: https://www.coindesk.com/markets/2024/05/23/ethereum-etf-approval-could-spur-60-rally-as-eth-buying-increases/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

There is a 90% probability the SEC will approve a spot ether ETF, one observer said, drawing attention to the narrowed discount in the Grayscale Ethereum Trust. Source: https://www.coindesk.com/markets/2024/05/23/bitcoin-ether-in-stasis-as-sec-etf-decision-looms-nvidia-hits-record-high/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

All the updated forms removed the provisions for staking ether, which some say was causing a regulatory roadblock. Source: https://www.coindesk.com/policy/2024/05/23/blackrock-grayscale-bitwise-file-updated-19b-forms-in-rush-for-ethereum-etf/?utm_medium=referral&utm_source=rss&utm_campaign=headlines