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AvaCloud helps Citi test a unique application


AvaCloud, an entity affiliated with Ava Labs, granted Citi the privilege of evaluating a pioneering application they had developed. Using a blockchain framework, this application calculates and executes simulated bilateral spot foreign exchange (FX) transactions.  AvaCloud is a customized...

BlackRock Files Spot Ether ETF Application


The world’s largest asset manager, BlackRock, formally filed an application for a spot Ethereum exchange-traded fund on Wednesday, November 15th. A 2% increase Filing an S-1 form with the United States Securities and Exchange Commission (SEC), BlackRock has labeled the exchange-traded fund iShares...

Linea introduces a Web3 SocialFi application, Tomo


Linea has announced the launch of a new SocialFi application for users, enabling them to better connect and interact with creators. The basic idea is to have a bridge between social media and DeFi, which is decentralized finance. The implementation of ERC4337I backs Tomo. That further supports...

VanEck Files Amended Application for Bitcoin ETF with SEC


New York-based asset management firm VanEck has taken a significant step towards launching a spot Bitcoin exchange-traded fund (ETF) by submitting an amended application to the United States Securities and Exchange Commission (SEC). In a notable departure from the strategies followed by other...

SEC Commissioner Hester Peirce Challenges SEC’s Actions in LBRY Case


Hester Peirce , a commissioner at the Securities and Exchange Commission (SEC), has expressed her strong disapproval of the agency’s handling of charges against cryptocurrency startup LBRY. In a statement released on Friday, Peirce, known for her favorable stance towards the crypto industry...

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