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US Bitcoin ETFs Record $18.3 Million in Net Outflows
31.7.2024
On Tuesday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced net outflows of approximately $18.3 million, contrasting with inflows observed in their ethereum counterparts. The most significant gain was recorded by Blackrock’s IBIT, while Grayscale’s GBTC suffered the largest...
Ethereum ETFs Snap Losing Streak, Grayscale’s Outflows Weigh In
31.7.2024
On Tuesday, U.S. spot ether exchange-traded funds (ETFs) experienced a day of inflows, ending four days of outflows. The nine ETFs collectively absorbed $33.67 million, though the figure could have been higher if not for Grayscale’s Ethereum Trust (ETHE), which offloaded $120.28 million....
Yield-bearing Treasury-backed stablecoin USDY launches on Aptos
31.7.2024
Stablecoin issuers are becoming some of the largest buyers of United States government debt at a time of increased de-dollarization
Lloyd’s of London-Backed Insurance Policies Can Now Be Paid for in Crypto on Ethereum
31.7.2024
Cryptocurrency insurance underwriter Evertas, a Lloyd’s coverholder, has teamed up with smart contract-based insurance marketplace Nayms to offer the on-chain policies
Wemix.fi suspends lending amid stablecoin liquidation issues
30.7.2024
The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose from
California DMV Puts 42M Car Titles on the Avalanche Network in Digitization Push
30.7.2024
The service, developed by Oxhead Alpha, will let users transfer vehicle titles in minutes without going to an office versus the two weeks in the traditional system
Anthony Pompliano: Bitcoin Will Be on U.S. Balance Sheet in 'Next 10, 15 Years' and Investing in Solana for Less Than a Dollar
30.7.2024
"Over the next 10, 15 years, for sure, the United States will have some Bitcoin on its balance sheet or kind of in a strategic stockpile. I think the question really just becomes, how aggressive are we in that?"
DraftKings Dumps NFT Business, Citing Legal Developments
30.7.2024
The sports gambling company faces a class action lawsuit alleging its NFTs are securities
Blackrock’s IBIT Propels US Spot Bitcoin ETFs to $124M Inflows on Monday
30.7.2024
U.S. spot bitcoin exchange-traded funds (ETFs) attracted $124.13 million on Monday, elevating the total net inflows to $17.71 billion. Data indicates that $2.68 billion was traded during Monday’s sessions, with Blackrock’s IBIT emerging as the only gainer. Blackrock’s IBIT...
Circle Said to Be Trading Around $5B Valuation Ahead of Planned IPO: Sources
30.7.2024
The issuer of stablecoin USDC was valued at as much as $9 billion when it first tried to go public in a failed SPAC deal in 2022
US Ethereum ETFs See Fourth Straight Day of Outflows
30.7.2024
According to the latest data, the nine U.S.-based ethereum exchange-traded funds (ETFs) experienced their fourth consecutive day of outflows on Monday, amounting to a $98.29 million reduction. These outflows have pushed the cumulative net inflow into the negative, amounting to a sum of -$439.64...
COMP Token Rises as Whale Backs Down on Supposed 'Governance Attack' on Compound
30.7.2024
A new staking product will be offered instead of what Humpy and the 'Golden Boys' initially proposed
Dogecoin Pup Owner’s New Shiba Inu Ends Up in NEIRO Memecoin Drama
30.7.2024
A new class of memecoins was birthed on Solana and Ethereum networks over the weekend as the owner of the dog that inspired Dogecoin got a new pup - despite her officially distancing from all such tokens
‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal
30.7.2024
A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289
21shares Announces Chainlink Integration for Real-Time Ethereum Reserve Verification
29.7.2024
21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the 21shares Core Ethereum exchange-traded fund (ETF), also known as CETH. The crypto exchange-traded product (ETP) issuer said this integration aims to provide real-time...
Cantor Fitzgerald Announces New Venture to Provide Leverage to Bitcoin Investors
29.7.2024
Cantor Fitzgerald, a billionaire asset management fund, recently announced its plans to provide leveraging services for Bitcoin investors. This venture will operate as a separate entity, commencing its operations with a capital of $2 billion. The capital will be replenished in tranches of...
Finnovex Middle East 2024: Beyond Boundaries – Reinventing Finance Through Hyper-Connected Ecosystems in the Middle East
29.7.2024
Finnovex, the premier global platform dedicated to catalyzing discussions and insights within the financial technology sector, proudly announces the return of Finnovex Middle East 2024. Scheduled to take place on September 10th and 11th, 2024, at Conrad Dubai, UAE, this premier conference marks...
Compound Finance proposals elicit ‘governance attack’ allegations
28.7.2024
Community risk assessors warned against the perceived centralization effort days before the proposal’s passage
ZK Rollups: A Foundational Technology, Not Just a Fleeting Trend, According to Quicknode VP
28.7.2024
According to Josh Neuroth, the Vice President of Product at Quicknode, Layer-2 (L2) scaling solutions known as zero-knowledge (ZK) rollups can potentially solve the most pressing issues in blockchain technology. Hence, the buzz around them is “well-founded.” He added that unlike...
US Senator Hails Bitcoin’s Potential to Democratize Finance and Improve Financial Inclusion
28.7.2024
Senator Tim Scott highlighted bitcoin’s potential to democratize finance and improve financial inclusion at the Bitcoin 2024 Conference. He criticized the Biden administration’s approach to digital assets and endorsed efforts to overturn restrictive SEC guidelines. Scott advocated...