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Canada to Launch 'World First' Spot Solana ETFs With Staking This Week: Balchunas
Canada plans to launch a number of spot Solana (SOL) exchange-traded funds (ETFs) with staking capabilities on Wednesday, according to Bloomberg senior ETF analyst Eric Balchunas.
In a post on X, Balchunas cited a circular from Toronto-Dominion Bank stating that the Ontario Securities Commission (OSC), which oversees the Toronto Stock Exchange, has approved four asset managers to list the new products.
"The OSC today gave the go-ahead to ETF issuers, including Purpose, Evolve, CI, and 3iQ, to list the world’s first spot Solana ETFs in Canada," a screenshotted copy of the circular reads.
https://decrypt.co/314795/canada-launch-spot-solana-etfs-staking 0 reply
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Cardano CEO Talks About Bitcoin Potential, Says, “We Are Not Letting Go Of Wall Street, And That’s A Shame”
“Wall Street is creeping in on us again, right? It’s sort of coming back. We’re not really letting go of it. And I think that’s a really big shame,” said Frederik Gregaard, CEO of the Cardano Foundation, during the Paris Blockchain Week on 10 April 2025. “It’s definitely not where I want to go,” Gregaard insisted. “The idea of Bitcoin was for the average person to get economic opportunities and to participate in a world which we were blocked out of.”
The CEO of the Swiss-based non-profit organization took to the stage to discuss AI, blockchain, and the new economy. He also briefly spoke about MiCA.
https://99bitcoins.com/news/cardano-ceo-talks-about-bitcoin-potential-says-we-are-not-letting-go-of-wall-street-and-thats-a-shame/ 0 reply
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Feds, SEC charge app maker with fraud, saying ‘AI’ service was Philippine workers
US authorities have charged a tech app founder with fraud, alleging that his advertised artificial intelligence-powered e-commerce app actually relied on human workers in the Philippines.
Albert Saniger of Barcelona, Spain, founder and former CEO of the company Nate, was charged with one count of securities fraud and wire fraud, the Justice Department said in an April 9 statement, while the Securities and Exchange Commission filed a parallel civil action.
Court documents said Saniger founded Nate around 2018 and launched an app of the same name in July 2020, marketing it as an AI-powered universal shopping cart that offered users the ability to complete online retail transactions, including filling in shipping details and sizing, without human input.
https://cointelegraph.com/news/feds-sec-charge-app-maker-fraud-ai-service-was-philippine-workers 0 reply
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Bitcoin Headed To $69,000? Analyst Says BTC’s Short-Term Future Hangs On These Levels
The market volatility, fueled by the ongoing tariff war, saw Bitcoin (BTC) trade below the $75,000 mark for the first time since November. Despite recovering from the dip, the flagship crypto risks more short-term volatility if it doesn’t reclaim key support levels soon.
Bitcoin ended the week with a price drop below the $80,000 support zone, closing Sunday below the $78,500 mark. In the early hours of Monday, the largest cryptocurrency by market capitalization continued bleeding toward the $74,500 support zone before bouncing.
https://www.newsbtc.com/news/bitcoin/bitcoin-headed-to-69000-analyst-says-btcs-short-term-future-hangs-on-these-levels/ 0 reply
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