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Crypto News Flash FOLLOW - Stay alert for updates! #CryptoNews

Litecoin ETF Decision Due May 5 as Canary’s Filing Remains Undisturbed

Canary Capital's Litecoin ETF application is expected to face a decision by May 5, setting the stage for a potentially bullish development in the crypto sphere.

Key Point: Unlike other crypto ETF filings, which have faced repeated delays, this application remained untouched, which might be a positive indicator.

Analyst Take: While James Seyffart anticipates a delay, the lack of postponement in the filing sparks interest.

Impact: If approved, this ETF could pave the way for other altcoin ETFs.

OKX DEX Returns With Enhanced Anti-Abuse Tech

OKX's decentralized exchange (DEX) service is set to resume today with a significant security upgrade.

What's New: The exchange has integrated a real-time abuse detection system to identify and mitigate malicious activity.

Why it Matters: The service was initially paused on March 17 following exploits by the Lazarus Group, a North Korean hacking collective.

Top Quote: “At OKX, we are committed to providing a safe and secure trading environment for all users.

Pro Tip: Always prioritize checking the security measures advertised by DEX platforms and be cautious of any suspicious activity.

CZ Proposes Adding BNB, BND, and BTC to National Crypto Reserves in New Role at Central Asian Country

Binance CEO Changpeng Zhao has proposed adding BNB, BND, and BTC to a national cryptocurrency reserve in his new role at a Central Asian country's National Crypto Committee.

Where He's At: Zhao, also known as CZ, recently joined the committee in Kyrgyzstan, a mineral-rich nation double the size of California.

Key Finding: This initiative could establish the first national-level crypto reserve in Central Asia, highlighting the increasing interest and adoption of crypto at higher government levels.