The Daily: JPMorgan Chase closes Strike CEO’s accounts, Monad launches mainnet, Grayscale debuts DOGE and XRP ETFs, plus more
JPMorgan Chase closed Strike CEO Jack Mallers' personal accounts, Monad launched its mainnet, and Grayscale introduced spot DOGE and XRP ETFs.Summary
The daily crypto news roundup highlights several key events, notably JPMorgan Chase abruptly closing Strike CEO Jack Mallers' personal bank accounts, citing "concerning activity" and reigniting 'debanking' concerns, despite Mallers' previous claims of Chase closing Strike's business account. In infrastructure news, Monad launched its high-throughput, EVM-compatible blockchain on mainnet following a successful public token sale raising $269 million. Furthermore, Grayscale expanded its ETF offerings by debuting spot DOGE (GDOG) and XRP (GXRP) ETFs on NYSE Arca, converting existing trusts. Other developments include South Korea's Upbit planning a Nasdaq IPO after merging with Naver, and global crypto ETPs experiencing a significant $1.9 billion in outflows last week, marking the third-worst run since 2018.
(Source：The Block)