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Bitwise Seeks SEC Approval to Launch Spot XRP ETF


Asset management firm Bitwise is seeking approval from the U.S. Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF), offering investors direct exposure to XRP through traditional brokerage accounts. “XRP has been an enduring crypto asset that many...

Boerse Stuttgart Group Blockchain Experiment Cuts Settlement Time to Minutes


Boerse Stuttgart Group (BSG) successfully tested blockchain-based securities settlement, reducing transaction time from two days to minutes. The tests, part of the European Central Bank’s (ECB) explorations, demonstrated significant progress in digital capital markets. German banking giants...

Darkfi Unveils ‘World’s Strongest Anonymous Chat’ in Latest IRC Release


On Oct. 2, 2024, Darkfi, a project led by former Bitcoin developer Amir Taaki and a group of privacy advocates, revealed the launch of an unstable version of its internet relay chat (IRC) text-based communication protocol, proudly calling it “the world’s strongest anonymous chat.” The team...

EigenLayer's Token Launch Draws Scrutiny Over Supply Concerns


In some ways, the release of EigenLayer's native EIGEN token this week was as expected; price rapidly rose moments after it was listed on exchanges, leading to a period of price discovery that culminated in a 22% slide from it's momentary record high. But there appears to be a storm brewing behind...

Bitcoin ETFs Bleed $242M While Ethereum Funds Follow With $48M in Losses


On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) saw $242.53 million exit, following a sharp drop in bitcoin’s value. Similarly, the nine spot ethereum ETFs experienced a loss of $48.52 million in the day’s trading. Fidelity and Grayscale Lead the Pack in Tuesday’s ETF Outflows After...

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