A New Dawn for Crypto: Massive Regulatory Wins and More Top Stories

1ATH.Studio
3 min readMay 24, 2024

The crypto industry welcomes a new dawn as a series of regulatory wins signal a shift towards broader acceptance.

SEC Approves Spot Ether ETFs in Landmark Decision

In a second landmark decision this year, the United States Securities and Exchange Commission (SEC) has approved spot Ether exchange-traded funds (ETFs) in the U.S.

On May 23, the SEC approved the 19b-4 filings from VanEck, BlackRock, Fidelity, Grayscale, FranklinTempleton, ARK 21Shares, Invesco Galaxy, and Bitwise, allowing these spot Ether ETFs to be listed and traded on their respective exchanges.

Kabosu, the Dog Behind Dogecoin and Shiba Inu, Passes Away at 17

Kabosu, the beloved Shiba Inu who inspired Dogecoin and several other meme tokens, has passed away at over 17 years old. His owner announced the sad news in a blog post, noting a farewell party will be held on Sunday, May 26th at Flower Kaori in Kotsu no Mori, Narita City. Kabosu’s iconic image has left a lasting legacy in the world of cryptocurrency and internet culture.

U.S. House Approves Crypto FIT21 Bill With Bipartisan Support

In a historic win for the crypto industry, the U.S. House of Representatives approved the Financial Innovation and Technology for the 21st Century Act (FIT21) with a 279–136 vote.

This landmark bill establishes regulations for digital asset markets and garnered significant Democratic support, marking the first time a major crypto bill has cleared a chamber of Congress. The bill now advances to the U.S. Senate for further consideration.

President Biden Campaign Team is Hiring a Master of Memes

President Biden’s reelection team is seeking a meme expert to attract Gen Z voters. The campaign advertised for a “Partner Manager” to oversee collaborations with popular online content and meme pages.

Solana Developer Hospitalized with Third Degree Burns in Stunt to Pump Memecoin

Mikol, a Solana developer behind the TruthOrDare token (DARE) on Pump.fun, suffered severe third degree burns after a dangerous stunt involving isopropyl alcohol and fireworks.

Six days after launching DARE, Mikol was engulfed in flames during a livestreamed event. Despite his friends’ attempts to extinguish the fire with water, he sustained significant injuries and is currently being treated in a Miami trauma center.

Donald Trump Campaign Now Accepts Crypto Donations

Donald J. Trump’s presidential campaign has started accepting cryptocurrency donations, marking him as the first major party candidate to do so. Following a recent pledge, the campaign now embraces Bitcoin, Ether, and other digital currencies. This historic move follows Trump’s declaration as “crypto’s candidate” at a Mar-a-Lago gala, integrating digital currencies into the 2024 election campaign.

Celebrating Bitcoin Pizza Day: 14 Years Since the Historic BTC Purchase

Fourteen years ago, Floridian programmer Laszlo Hanyecz made history by purchasing two Papa John’s pizzas for 10,000 BTC. Today, those bitcoins would be valued at a staggering $700 million. This milestone is celebrated annually as Bitcoin Pizza Day, marking a significant event in the history of cryptocurrency.

Scarlett Johansson Addresses Unauthorized Use of Her Voice by OpenAI

Scarlett Johansson has publicly addressed OpenAI’s alleged use of her voice without permission in their latest AI demo. Johansson declined an offer to voice the system but was shocked to find a demo featuring a voice eerily similar to hers. This resemblance led her to hire legal counsel, resulting in OpenAI taking down the ‘Sky’ voice.

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