The United States Securities and Exchange Commission (SEC) has postponed its decision on the Grayscale Spot Solana and Litecoin ETFs. The agency said more time is needed to assess whether these filings meet the necessary standards for investor protection and market transparency. This delay affects Grayscale’s efforts to list spot cryptocurrency ETFs that would be traded on the NYSE Arca exchange.
At the same time, the US SEC opened public comment periods for other crypto-related proposals, including BlackRock’s Bitcoin ETF redemption model.
US SEC Extends Review Period for Grayscale SOL and LTC ETFs
The US SEC announced that it will extend the review process for the proposed Grayscale Solana Trust. The agency is evaluating whether the fund complies with the Securities Exchange Act of 1934. If approved, the ETF would allow public trading of Solana-backed shares through traditional investment accounts.
The same decision applies to the Grayscale Litecoin Trust. The SEC said it needs additional time to determine if the Litecoin ETF filing meets the required legal and market conditions. Grayscale’s filings will now follow an extended timeline, which can include several stages before a final decision is reached.
According to the official filing, the commission has begun “proceedings to determine whether the proposed rule change should be approved or disapproved.” This language is standard for when the agency seeks further information or public input on complex filings.
This Is A Developing News, Please Check Back For More
A critical vulnerability in the Mobius Token (MBU) smart contract on BNB Smart Chain has led to a $2.15 million loss, adding to the growing list of crypto-related exploits in 2025. Mobius is a lesser-known project within the BNB ecosystem.
The attack, confirmed by Web3 security firm Cyvers on May 11, involved a malicious hacker who took advantage of a flaw in the MBU minting mechanism.
Mobius Attacker Moves Fund Through Tornado Cash
According to Cyvers, the incident began at 07:31 UTC when a wallet (0xB32A5) deployed a rogue contract. Just two minutes later, another address (0x631adf) initiated a series of suspicious transactions.
Using only 0.001 BNB, the attacker minted 9.73 quadrillion MBU tokens and quickly exchanged them for stablecoins, netting $2.15 million. In the same process, the attacker also gained an additional 28.5 million MBU tokens.
Mobius Attacker Fund Flow Through Tornado Cash. Source: Cyvers
The method and speed of the exploit point to a calculated move to evade tracking and asset recovery. This incident further highlights the persistent vulnerabilities facing smart contract-based systems.
Despite isolated incidents like the Mobius breach, BNB Chain is witnessing a significant resurgence in user and developer activity. Over the past months, the network has reemerged as a top contender in the DeFi space.
Data from DefiLlama shows that the total value locked (TVL) on BNB Chain has surpassed $10 billion, reaching a three-year high. However, it is still significantly below the 2021 all-time high of more than $40 billion.
Market observers noted that the network’s growth is fueled by fresh institutional interest, an increase in DeFi participation, and strong demand for on-chain assets.
The crypto market has recently experienced a vast downturn, with most important projects such as Bitcoin and Ethereum going through price corrections. As traditional crypto investments falter, traders attempt to find promising possibilities elsewhere. One standout project is Ozak AI, an AI-powered blockchain project presently in its presale stage at just $0.003. With robust fundamentals and massive growth potential, Ozak AI attracts buyers looking for the next huge possibility.
Crypto Market Struggles as Investors Seek Alternatives
The broader crypto market has seen considerable volatility, with many assets suffering to preserve momentum. Bitcoin, which these days hovered around $85,000, has confronted pullbacks, even as altcoins have suffered even greater extreme losses. Market uncertainty, regulatory worries, and macroeconomic factors have contributed to this decline, leaving traders questioning the best course of movement.
As a result, many are turning to emerging projects with excessive upside potential as opposed to counting on established, however stagnating projects. This shift has pushed attention towards AI-pushed cryptos like Ozak AI, which give real-world utility and growth potentialities past speculative trading.
Ozak AI’s $0.003 Entry—A Golden Opportunity?
Ozak AI is making waves within the crypto space by integrating artificial intelligence with the blockchain era. Unlike speculative meme coins or belongings without utility, Ozak AI gives a practical use case, allowing AI-driven analytics, automation, and data security through blockchain solutions. This has positioned it as one of the most promising projects of 2025.
At Ozak AI presale price of $0.003, early investors have the chance to secure Ozak AI tokens at a fraction of their projected future value. Experts are expecting that as AI-based cryptocurrencies gain traction, Ozak AI should experience a meteoric upward push, with a potential goal of $1 soon, representing a large 300x return for early adopters.
Why Ozak AI Stands Out in a Bearish Market
AI and Blockchain Integration – Ozak AI is capitalizing on two of the quickest-growing sectors in tech: artificial intelligence and blockchain, giving it a unique aspect in the market.
Low Entry Price, High Growth Potential – While most important cryptos struggle with diminishing returns, Ozak AI gives an entry factor that allows for exponential gains.
Institutional and Retail Interest – AI-based projects are gaining traction amongst institutional and retail investors, increasing demand and long-term viability.
Strong Use Case – Unlike speculative belongings, Ozak AI affords AI-powered solutions for real-world applications, making it a sustainable investment.
With the crypto market experiencing turbulence, buyers are exploring new opportunities that provide better potential returns. Ozak AI, currently in its presale at just $0.003, presents a compelling alternative to conventional cryptocurrencies. Its AI-powered blockchain solutions, strong growth ability, and early-level positioning make it a prime candidate for large returns. As the market shifts towards AI-driven projects, Ozak AI could be one among the biggest fulfillment tales of the next bull run.
About Ozak AI
Ozak AI is a blockchain-based project that provides a technology platform that specializes in predictive AI and advanced data analytics for financial markets. Ozak AI helps crypto investors and businesses in decision-making by providing real-time, accurate, and actionable insights through machine learning algorithms and decentralized network technologies.
The post Crypto Market Hit New Lows—Investors Looking Elsewhere? Ozak AI’s $0.003 Entry Looks More Promising! appeared first on Coinpedia Fintech News
The crypto market has recently experienced a vast downturn, with most important projects such as Bitcoin and Ethereum going through price corrections. As traditional crypto investments falter, traders attempt to find promising possibilities elsewhere. One standout project is Ozak AI, an AI-powered blockchain project presently in its presale stage at just $0.003. With robust fundamentals …
