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Korean regulators face increasing pressure to approve cryptocurrency ETFs after the U.S. SEC's approval of spot Ethereum ETFs. The SEC's decision is expected to influence Seoul's financial regulators to reconsider their stance on digital assets.
The difference between FDV and circulating market cap for the CMC top 100 tokens totals $250 billion. 22 tokens account for 90% of this, with WLD alone representing 19%
Haun Ventures, Coinbase, and a16z invest $11 million in Neynar, a toolbox for Web3 social networks — link (https://fortune.com/crypto/2024/05/30/haun-ventures-coinbase-and-a16z-invest-11-million-in-neynar-a-toolbox-for-web3-social-networks/)