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Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
15.4.2023
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March...
Chia Network Files for IPO With the SEC, Eyes Public Listing
15.4.2023
On Friday, Chia Network Inc. announced that it had submitted a draft registration statement on Form S-1 to the U.S. Securities and Exchange Commission (SEC), requesting an initial public offering (IPO). The blockchain network company, founded by Bittorrent creator Bram Cohen, will initiate the...
Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services
15.4.2023
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide...
Less than 1% of staked ETH estimated to be sold after Shapella: Finance Redefined
14.4.2023
The top 100 DeFi tokens surged along with the broader crypto market as the total value locked peaked at a new yearly high of over $54 billion
Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
14.4.2023
The rebalancing comes as ether rallies off a successful Shapella upgrade
Avalanche Surges to 6-Month High in Daily Active Addresses
14.4.2023
The spike in daily active addresses coincided with a bevy of financial institutions joining Avalanche’s Evergreen subnet “Spruce.”
Market Maker DWF Labs’ More Than $200M in Deals Blur What ‘Investing’ Means
14.4.2023
DWF Labs made headlines with flurry of investments in crypto projects such as CryptoGPT or Synthetix. A closer examination reveals that many of their deals aren’t typical venture capital investments. However, the firm says it’s all a misunderstanding
Ondo Finance Introduces Yield-Generating Stablecoin Alternative for Institutions – How Does it Work?
14.4.2023
A new type of yield-generating stablecoin has been introduced by DeFi provider Ondo Finance, offering institutions a way to benefit from the return of US money market funds on-chain.
According to an update from Ondo Finance on Thursday, the new stablecoin, dubbed OMMF, will be a tokenized version...
Today in Crypto: Hackers Steal $23M from Bitrue, Canon USA to Launch NFT Marketplace, HashKey Launches Wealth Management Platform, Ripple Reveals Liquidity Hub
14.4.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Hackers Steal $23M from Bitrue, Canon USA to Launch NFT Marketplace, HashKey Launches Wealth Management...
Bitcoin Miner Bitdeer Stock Slumps Nearly 30% at Trading Debut
14.4.2023
The Singapore firm is one of the largest bitcoin miners in the world with 16.2 EH/s of hashrate
Elon Musk Tweet Spurs 7% Aptos Price Surge
14.4.2023
Aptos (APT) surged by 7.4% on Friday after Twitter CEO Elon Musk tweeted “AI APT OTT!” before deleting it one hour later
Chia Network Submits Registration to U.S. SEC For Proposed IPO
14.4.2023
The size and price range for the offering has yet to be determined
HashKey Group to Debut Regulated Exchange in Second Quarter
14.4.2023
The exchange will be open to professional investors and the company is preparing to welcome retail users in "coming months."
Crypto Exchange Bitrue Drained of $23M in Hack of Ether, Shiba Inu, Other Tokens
14.4.2023
Bitrue said the affected wallet contained “less than 5%” of overall reserves
TradFi Remains the Counterparty of Choice for Institutional Crypto Investors: Bank of America
14.4.2023
Crypto company collapses create a void in the ecosystem that trusted and experienced traditional finance firms may look to fill, the report said
Tokenization of Real-World Assets a Key Driver of Digital Asset Adoption: Bank of America
14.4.2023
The tokenized gold market reached over $1 billion in value last month, the report said
Yearn's Staked Ether Token yETH Gets Mixed Results on Govenance Poll
14.4.2023
The non-binding poll seeks to do a temperature check of sentiment toward launching yETH
Europeans to See More Interest Rate Hikes, Central Bank Governors Indicate
14.4.2023
Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body. Two central bank governors, with different opinions about how aggressive the European Central Bank should be, nevertheless agree that more increases...
DeFi Protocol Balancer Experiences Budget Cuts, Headcount Slashes Ahead of Strategy Pivot
14.4.2023
The protocol’s service providers have let go of two front-end engineers as they focus on overhauling the platform’s brand
Asia-Based Digital Asset Firm Hashkey Group Introduces Wealth Management Service
14.4.2023
HashKey has also expanded its OTC service by expanding its liquidity coverage and its range of tokens in the spot market