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Sony Buys Amber's Japan Unit to Enter the Crypto Market: Reports

1.7.2024
Last year, Bloomberg had reported that Amber was planning to sell its Japanese unit

The Definitive Guide to Tapioca DAO: Part Two

1.7.2024
This piece is the second half of a guest post by Emiri, published originally on Blocmates. Read Part One here. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. Blocmates is especially adept at covering...

Analyst Updates Spot Ether ETF Launch Date Prediction Citing Slow SEC Review

30.6.2024
Bloomberg’s senior ETF analyst has updated his prediction regarding the launch of ether exchange-traded funds (ETFs), noting delays due to the U.S. Securities and Exchange Commission (SEC)’s review process during the holiday week. Despite the approval of 19b-4 filings for eight ether ETFs in...

The Definitive Guide to Tapioca DAO: Part One

30.6.2024
This piece is a guest post by Emiri, published originally on Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto space. Blocmates is especially adept at covering new decentralized finance (defi) projects...

Spot Ether ETF Approval Expected to Enhance Crypto Asset’s Legitimacy and Utility, Says Hedera Council President

29.6.2024
While lobbying is likely to play an important role in shaping crypto policy, just as it has done in the early days of most industries, Charles Adkins, President of the Hedera Council, believes showcasing the tangible benefits of blockchain technology is a far more sustainable approach. Therefore...

Study: Crypto Assets Worth $572.7 Million Lost to Hacks and Fraud in Q2 2024

29.6.2024
Digital assets worth over $572.7 million were lost to hacks and fraud in the second quarter of 2024. This latest figure brings the value of digital assets lost to hacks, fraud, and scams in 2024 to $920.9 million. Decentralized finance (defi) platforms lost approximately $172.1 million across...

21shares Files to Launch Solana ETF With SEC

28.6.2024
21shares has filed a registration statement for a solana exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The ETF will trade on the Cboe BZX Exchange and will utilize Coinbase Custody Trust Company for secure custody of SOL. Vaneck also recently filed...

Hong Kong eyes DeFi, DAO spent $37M to help free Julian Assange: Finance Redefined

28.6.2024
The Hong Kong government aims to expand its fintech dominance in DeFi and the metaverse despite challenges in the current landscape

T-Rex Group Files for Leveraged ETFs Targeting Microstrategy’s Bitcoin-Heavy Portfolio

28.6.2024
T-Rex Group has filed for exchange-traded funds (ETFs) that aim to leverage the daily performance of Microstrategy Incorporated (MSTR). The proposed ETFs will take 2x long and 2x inverse positions in MSTR, magnifying its daily stock performance by 200%. T-Rex Group Files for Microstrategy ETFs...

Curve Finance adopts crvUSD for fee distribution

28.6.2024
Curve Finance shifts from 3crv to crvUSD for fee distribution, enhancing the stablecoin’s utility and ecosystem integration

Egyptian Fintech Startup Connect Money Secures $8 Million Seed Funding

28.6.2024
Connect Money, an Egyptian fintech startup, recently secured $8 million in seed funding. The company plans to launch new business verticals using this investment. Connect Money aims to become the go-to platform for businesses seeking seamless banking services. Successful Capital Raise Demonstrates...

Ether to Hit $6.5K Later This Year Driven by Inflows Into Spot ETFs: Analyst

28.6.2024
The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S. and net inflows could hit $20 billion in the first year, Steno Research said

Bitwise CIO Estimates Spot Ether ETPs Will Attract Billions: ‘Not a Casual Guess’

27.6.2024
Bitwise CIO Matt Hougan has predicted that spot ether-based exchange-traded products (ETPs) will have a favorable performance in financial markets when finally trading. Hougan estimates that these products will have net flows of $15 billion during their first 18 months of trading, taking into...

Chainlink Data Streams Activate on Avalanche Blockchain With GMX Integration

27.6.2024
Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable decentralized exchange, have launched Chainlink Data Streams on the Avalanche blockchain. Chainlink, Avalanche, GMX Launch Data Streams on Avalanche Blockchain...

State Street Partners With Galaxy Asset Management to Create New Crypto ETFs

27.6.2024
State Street Global Advisors has partnered with Galaxy Asset Management to provide advanced digital asset-based strategies, expanding investor access to the digital asset ecosystem beyond cryptocurrencies and bitcoin. “We believe we are in a strong position to make digital assets more...

Folks Finance announces the launch of Algorand Liquid Staking

27.6.2024
Folks Finance has, through a blog post, announced its plans to launch the Algorand Liquid Staking Protocol xALGO. It will be the primary Liquid Staking protocol for ALGO, with a core focus on providing flexible and simple access to rewards distributed to node runners who participate in Algorand...

US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains

27.6.2024
U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $19 million increase. Modest Inflows for Bitcoin ETFs on Thursday With Fidelity’s FBTC Leading...