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Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks
4.4.2024
Ethereum Layer 2 network Zircuit has surpassed $1 billion in pre-mainnet deposits within a mere six weeks since opening its doors to investors.
The post Ethereum L2 Zircuit Surpasses $1 Billion in Pre-Mainnet Deposits in Just Six Weeks appeared first on Cryptonews
Trillion-Dollar Asset Manager Franklin Templeton Highlights Bitcoin Ordinals’ Impact on Innovation in Recent Note
4.4.2024
Franklin Templeton, a trillion-dollar asset manager, has recently highlighted the impact of Bitcoin Ordinals on innovation in the crypto space in a note to its investors.
The post Trillion-Dollar Asset Manager Franklin Templeton Highlights Bitcoin Ordinals’ Impact on Innovation in Recent...
Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO Address
4.4.2024
SlowMist analysts have expressed concern over a 100 ETH transaction originating from an AssangeDAO address directed to a recipient apparently linked to the decentralized autonomous organization (DAO) on March 10.
The post Analysts Raise Suspicions Involving 100 ETH Transaction from AssangeDAO...
Central Banks to Explore Tokenization of Cross-Border Payments With Project Agora
3.4.2024
A consortium of central banks worldwide, led by the Bank for International Settlements (BIS), announced a new initiative "Project Agora" to explore the potential of tokenization to enhance existing financial systems.
The post Central Banks to Explore Tokenization of Cross-Border Payments With...
Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives
3.4.2024
Fantom creator Andre Cronje recently expressed concerns about risk management practices within a specific DeFi project, indirectly referencing Ethena Labs' synthetic dollar, USDe.
The post Fantom Creator Warns of Potential Crypto Meltdown Due to Risky Incentives appeared first on Cryptonews
Ethereum Fees and Revenue Increase by 80% in Q1, Earnings Triple Quarter over Quarter
3.4.2024
The Ethereum network has experienced significant growth in the first quarter of 2024, with positive performance across various income statement metrics.
The post Ethereum Fees and Revenue Increase by 80% in Q1, Earnings Triple Quarter over Quarter appeared first on Cryptonews
KBW Increases Coinbase Price Target to $230, Citing Exposure to Long-Term Crypto Economy Growth
3.4.2024
Investment banking firm KBW has hailed Coinbase for offering investors a unique opportunity to tap into the long-term growth potential of the crypto economy.
The post KBW Increases Coinbase Price Target to $230, Citing Exposure to Long-Term Crypto Economy Growth appeared first on Cryptonews
Get Ready: Wormhole’s Token Airdrop Opens Today for Claiming
3.4.2024
Interoperability platform Wormhole is set to launch its highly anticipated token airdrop at 7:30 a.m. ET on April 3, 2024.
The post Get Ready: Wormhole’s Token Airdrop Opens Today for Claiming appeared first on Cryptonews
Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings
3.4.2024
Bitcoin investors in Asia are experiencing significant price swings as automated trading protocols react to flows data from US ETFs that hold the cryptocurrency.
The post Trading Bots in Asia React to ETF Flows Data After Market Closure, Leading to Pronounced Swings appeared first on Cryptonews
Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time
3.4.2024
Cathie Wood's ARK 21 Shares Bitcoin ETF has recorded daily outflows of over $87 million, marking the first time it witnessed larger daily outflows than Grayscale's Bitcoin Trust (GBTC).
The post Cathie Wood’s ARK Bitcoin ETF Daily Outflows Exceed Grayscale’s GBTC for the First Time...
France’s AMF Issues Warning Against BITGET for Unauthorized Digital Asset Services
2.4.2024
AMF issued a circular on the supervision and issuance of virtual assets in the country, with BITGET on the list of those that offer crypto investments through unauthorized entities.
The post France’s AMF Issues Warning Against BITGET for Unauthorized Digital Asset Services appeared first...
Nexo Pushes For Bitcoin Emoji, Petition Has Over 10,000 Signatures Now
2.4.2024
The campaign titled "Bitcoin Deserves an Emoji" aims to secure 50,000 global endorsements and has already garnered over 10,000 signatures within a week of its launch.
The post Nexo Pushes For Bitcoin Emoji, Petition Has Over 10,000 Signatures Now appeared first on Cryptonews
Digital Asset Products See $862M in Inflows, Nearly Erasing Previous Week’s Outflows
2.4.2024
Digital asset investment products experienced a positive turnaround in sentiment as inflows reached a total of $862 million last week, almost fully recovering from the record outflows of $931 million in the prior week.
The post Digital Asset Products See $862M in Inflows, Nearly Erasing Previous...
Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal Troubles
2.4.2024
Binance has named a board of directors for the first time, aiming to reshape its image following last year's guilty plea to US charges of anti-money laundering and sanctions violations.
The post Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal...
The Future of Cryptocurrency in Daily Payments: Lessons from Lugano
2.4.2024
Cryptocurrencies have sparked a global debate on the future of financial transactions, with a focus on their integration into daily payments.
The post The Future of Cryptocurrency in Daily Payments: Lessons from Lugano appeared first on Cryptonews
Singapore’s MAS Expands Regulatory Oversight to Include Crypto Custody and Fund Transfer Firms
2.4.2024
Singapore has taken steps to expand its digital asset regulations by including the custody of tokens and firms involved in fund transfers.
The post Singapore’s MAS Expands Regulatory Oversight to Include Crypto Custody and Fund Transfer Firms appeared first on Cryptonews
Thailand’s Largest Crypto Exchange Bitkub Sets Sights on 2025 IPO in Home Country
1.4.2024
The parent company of Bitkub, Thailand's largest cryptocurrency exchange, has revealed plans to conduct an initial public offering (IPO) in 2025.
The post Thailand’s Largest Crypto Exchange Bitkub Sets Sights on 2025 IPO in Home Country appeared first on Cryptonews
FTX Liquidators Target Repayment to Creditors by End of 2024
1.4.2024
The FTX bankruptcy estate has outlined its target to initiate repayments to customers by the end of 2024, as disclosed during a meeting of FTX Digital's Joint Official Liquidators in the Bahamas.
The post FTX Liquidators Target Repayment to Creditors by End of 2024 appeared first on Cryptonews
Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading
1.4.2024
Polygon Labs CEO Marc Boiron has lashed out at layer 3 (L3) networks on the Ethereum blockchain, claiming they are unnecessary for scaling the network and only serve to drain value from the mainnet.
The post Polygon Labs CEO Condemns Ethereum Layer 3 Networks Amid Surge in Meme Coin Trading...
Binance CEO Richard Teng Visited South Korea to Address Market Entry Challenges: Report
1.4.2024
Binance CEO Richard Teng has reportedly made a secret visit to South Korea in an effort to directly engage with domestic financial authorities and find a resolution to the hurdles facing the company's entry into the Korean market.
The post Binance CEO Richard Teng Visited South Korea to Address...