Category: News
Latest news on blockchain, cryptocurrencies and the crypto world in general.
Daily Net Outflow of Ark Invest’s Spot Bitcoin ETF Hits $87M
Reading Time: < 1 minuteAccording to data from SoSoValue, the ARKB fund from Ark Invest 21Shares saw outflows of $87.5 million on Tuesday, the highest since its debut.
Uniswap Adds Support for L2 Solution Blast
Reading Time: < 1 minuteThe team at Uniswap Labs has launched their new protocol, called Uniswap, on Blast, a second-layer solution.
Staking Rewards Exceed S&P 500 Dividends
Reading Time: < 1 minuteThe current average staking reward for cryptocurrencies is 450% higher than the average dividend payout for investors in the S&P 500, even though both markets have seen strong growth.
Gomble Games Raises $10M to Advance Web3 Gaming Vision
Reading Time: < 1 minuteGomble Games, born from the renowned game studio ‘111%’, has secured $10 million in investment from global venture capital firms like Spartan.
Galaxy Digital’s Net Profit Reached $296M Last Year
Reading Time: < 1 minuteIn 2023, crypto company Galaxy Digital saw a significant increase in net profit, reaching $296 million.
dYdX to Move Operations to Cayman Islands
Reading Time: < 1 minutedYdX, a decentralized exchange, has announced plans to move its operations to the Cayman Islands.
Tether Passes Independent Security Audit
Reading Time: < 1 minuteTether, the creator of the USDT stablecoin, has announced the successful completion of its System and Organization Controls 2 (SOC 2) Type I audit.
Total Value Locked in Liquid Restaking Platforms Reaches $8B
Reading Time: < 1 minuteThe total value locked in liquid restaking tokens has almost reached $8 billion.
Birtish Court Orders Freezing of $8M of Assets Belonging to Craig Wright
Reading Time: < 1 minuteA UK court has authorized the freezing of £6.7 million ($8.4 million) of Craig Wright’s assets to prevent him from avoiding court expenses.
Robert Kiyosaki Makes New Forecast for Bitcoin Price
Reading Time: < 1 minuteKiyosaki has announced that he now predicts that the price of BTC will reach $100,000 by September 2024.
Google Adds Tool for Tracking Crypto Wallets
Reading Time: < 1 minuteGoogle’s search service has recently added a new feature that displays the balances of cryptocurrency addresses in various networks including Bitcoin, Arbitrum, Avalanche, Optimism, Polygon, and Fantom.
Bitwise Files Application to Launch a Spot Ethereum ETF
Reading Time: < 1 minuteBitwise has submitted a request to issue an exchange-traded fund for spot Ether, at a time when uncertainties remain about whether the Securities and Exchange Commission will give the go-ahead for such products.
Court Sentences Tornado Cash Developer to 64 Months in Prison
Reading Time: < 1 minuteDutch prosecutors are seeking a 64-month prison term for Tornado Cash developer Alexey Pertsev.
BlackRock CEO Was Surprised By Bitcoin ETFs Hype
Reading Time: < 1 minuteIn an interview with Fox Business, BlackRock CEO Larry Fink expressed his pleasant surprise at the growing interest among retail investors in the company’s Bitcoin ETF.
US Accuses KuCoin of Money Laundering
Reading Time: < 1 minuteThe US government has filed charges against cryptocurrency exchange KuCoin and its founders for allegedly engaging in money laundering activities totaling $9 billion.
Hashdex’s Spot Bitcoin ETF Begins Trading
Reading Time: < 1 minuteTidal Investments and Hashdex Asset Management announced on Tuesday that their spot Bitcoin exchange-traded fund (ETF) will begin trading in the US after rebranding from the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF (DEFI).
HSBC Rolls Out Tokenized Gold Products for Retail Investors in Hong Kong
Reading Time: < 1 minuteHSBC has introduced tokenized gold products for its retail clients in the region.
Investors Withdraw $942M from Crypto Funds
Reading Time: < 1 minuteAccording to CoinShares’ latest review, there was a significant decrease in cryptocurrency investment products from March 16 to 22, with a total outflow of $942 million.
The EU Does Not Plan to Ban Self-custodial Crypto Transactions
Reading Time: < 1 minuteOver the weekend, there was widespread panic in the crypto community due to misinterpretation of comments made by Patrick Breyer, a member of the European Parliament.
Grayscale Believes Ethereum ETFs Will Be Approved
Reading Time: < 1 minuteGrayscale remains confident that spot Ether (ETH) exchange-traded funds will be approved in May.
Polygon zkEVM Blockchain Resumes its Operations
Reading Time: < 1 minutePolygon zkEVM, an Ethereum Layer 2 network launched a year ago this week, experienced a network outage that lasted for over ten hours.
ParaSwap Says it Will Return Funds to Users Affected by a Vulnerability
Reading Time: < 1 minuteAfter fixing a critical vulnerability in the recently launched Augustus v6 smart contract, the decentralized exchange liquidity aggregator ParaSwap has now started returning cryptocurrency to its users.
Goldman Sachs Hedge Fund Clients Are Turning to Crypto
Reading Time: < 1 minuteAccording to reports, Goldman Sachs’ clients have begun re-entering the crypto market this year, motivated by the SEC’s approval of spot Bitcoin exchange-traded funds.
JPMorgan Predicts Halving Could Send BTC to $42,000
Reading Time: < 1 minuteWith the upcoming halving, the pressure is expected to increase, potentially leading to a collapse in Bitcoin’s value to $42,000.
Claims by US Government Against FTX Estimated at $3-5 Billion
Reading Time: < 1 minuteAccording to court documents, the amount of claims by the US government against the bankrupt FTX and its assets is estimated to be between $3 billion and $5 billion.
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