BlackRock's Ethereum-based tokenized fund BUIDL attracted $245 million in deposits in its first week, becoming the second-largest fund in the blockchain-based tokenized U.S. Treasury market, following Franklin Templeton's Franklin OnChain U.S. Government Money Fund.
BlackRock CEO Larry Fink believes that an ether ETF could still be listed even if the SEC designates it as a security.
El Salvador's President Nayib Bukele has increased the country's cryptocurrency holdings to nearly $400 million, as he disclosed the address holding over 5,695 BTC, highlighting the government's growing virtual currency portfolio.
Smart contract platform Solana (SOL) is predicted to experience a 35-45% breakout against Ethereum (ETH) and Bitcoin (BTC), potentially reaching $300, according to crypto analyst Guy Turner.
Crypto exchange Binance's decision to discontinue services in Nigeria highlights the challenges faced by entrepreneurs in the global south due to a currency war and financial apartheid, emphasizing the need for a free-flowing money system to unlock their potential and foster economic growth.
Coinbase's layer-2 blockchain, Base, is experiencing a surge in activity due to meme coin trading, with an average of 1.5 million transactions per day and a doubling of unique addresses, but also a rise in fees.
Coinbase's stock dropped by over 2% after a court ruling allowed the Securities and Exchange Commission's lawsuit against the company to proceed, accusing Coinbase of engaging in unregistered sales of securities.
Hired developer "Werewolves0943" drained over 17,400 ETH from Ethereum-based GameFi project Munchables, leading to suspicions of ties to North Korea and potentially reinforcing the narrative that crypto aids in terrorist financing; however, the funds were later returned, highlighting the vulnerability of crypto systems and the need for better due diligence in hiring developers.
The Render (RNDR) price has seen a decrease in supply on exchanges, suggesting accumulation by investors, along with an increase in the mean coin age, indicating a stronger confidence in holding RNDR. This, coupled with the alignment of EMA lines, hints at the potential for a bullish trend to develop in the market sentiment towards RNDR.
Sam Bankman-Fried, the founder of FTX cryptocurrency exchange, could face a 110-year sentence for orchestrating a multibillion-dollar fraud, with prosecutors seeking as much as 50 years, due to the nature of the crime and the scale of losses, despite his lack of a criminal history. His defense team is asking for a sentence of 6 1/2 years or less, citing mental health struggles and safety risks in prison. The lack of remorse shown by Bankman-Fried throughout the trial is expected to impact the judge's decision on the sentence.
The governance token for liquid restaking protocol Ether.fi, ETHFI, reached a record high of $7.2, outperforming ether and bitcoin, which could boost valuations for other liquid restaking tokens.
Asset manager Hashdex has converted its bitcoin futures fund into a spot bitcoin ETF, known as the Hashdex Bitcoin ETF, which will trade under the ticker DEFI and can hold up to 5% of its assets in CME-traded bitcoin futures contracts to better track prices and provide a more predictable creation/redemption process.
The tokenization of real-world assets, such as stablecoins and tokenized U.S. Treasuries, is a growing trend that leverages digital asset networks to provide faster settlement times, greater accessibility, and potential value-add services, ultimately aiming for a more efficient and inclusive financial system.
Crypto gaming store Elixir Games has raised $14 million in seed funding to develop a decentralized gaming ecosystem, with the support of investors like Square Enix and the Solana Foundation, to roll out its launcher platform and ELIX token this year.
BOB, a hybrid layer-2 network that combines Bitcoin and Ethereum compatibility, has raised $10 million in seed funding led by Castle Island Ventures to roll out the first Bitcoin layer-2 network compatible with Ethereum's Virtual Machine (EVM) standard.
Cryptocurrency firm Copper issues a public apology after sponsoring a party where guests were served sushi off scantily clad models, raising questions about a "crypto bro" culture in the industry.
The cryptocurrency market experiences a minor correction as Bitcoin and Ethereum face resistance at key levels, but their overall trends remain bullish.
The IRS is hiring former crypto executives to support its digital currency compliance and enforcement programs, and Yahoo Finance shares three important things to know when filing taxes related to cryptocurrency.
FTX co-founder Sam Bankman-Fried will receive his prison sentence on Thursday after being convicted of defrauding customers, investors, and lenders, with potential sentence lengths ranging from 40 to 110 years.
Fidelity, a $4.5 trillion asset management firm, has filed for a Spot Ethereum ETF with staking included, following the success of the Spot Bitcoin ETF approved earlier this year, signaling the growing expectation of an Ethereum offering.
BlackRock, the world's largest asset manager, has invested $100 million into Ethereum in anticipation of the approval of its new Digital Liquidity Fund, as CEO Larry Fink believes that tokenization and ETFs will revolutionize finance and the tokenization market could reach $10 trillion by 2030.
Option2Trade's social trading exchange token is challenging the dominance of Bitcoin and Ethereum, offering a unique and collaborative crypto trading experience that attracts a diverse user base and has the potential to reshape the cryptocurrency landscape.
A federal judge has ruled that the SEC's lawsuit against Coinbase, alleging that the cryptocurrency company is operating an unregistered broker, exchange, and clearinghouse, can proceed, setting a deadline for the parties to agree on a case scheduling plan.
Bitcoin's rise is attributed to factors such as the SEC's approval of an ETF, the fiscal and monetary situation in the US, and the search for alternative investments to fiat currencies like the dollar. However, the growing debt and fiscal irresponsibility in the US are seen as concerning, and Bitcoin and gold are viewed as hedges against these risks. Despite the speculative nature of Bitcoin, the interviewee would consider buying it.
Three leading decentralized AI projects, Fetch.ai, SingularityNET (SNET), and Ocean Protocol, are planning to merge and create the world's largest decentralized AI ecosystem, aiming to accelerate progress toward Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI) in opposition to Big Tech's control over AI development.
Bitcoin Miner, an idle tapping game, initially struggled to gain traction until it integrated Bitcoin withdrawals via ZBD, resulting in a significant boost in downloads and player retention.
BlackRock, the world's largest asset manager, has invested $100 million in Ethereum in anticipation of the approval of its new Digital Liquidity Fund, with CEO Larry Fink believing that tokenization and ETFs will revolutionize finance and the tokenization market potentially reaching $10 trillion by 2030.
Former FTX CEO, Sam Bankman-Fried, who is facing sentencing for fraud and conspiracy charges related to the collapse of the cryptocurrency exchange, argues that creditors will eventually be paid, but the US government disagrees and wants him sentenced to 40 to 50 years in prison.
Bitcoin mining was more profitable in February as the cryptocurrency rose 15%, but publicly traded miners have lost market share despite the doubling of network hashrate from a year ago, according to Jefferies.
The bitcoin price has reached $70,000, and BlackRock is preparing for the next stage of its crypto revolution plan, leading Elon Musk to tease an X upgrade that could potentially transform the market.
Diamonds are now accessible on blockchain through a token created by Oasis Pro, allowing investors to participate in the Diamond Standard Fund, a $1.2 trillion natural resource.
Ethereum co-founder Vitalik Buterin proposes modifying the penalty system on the Ethereum network to improve decentralization and discourage large stakers from controlling multiple validators, ultimately aiming to create a more distributed and resilient network.
Hackers targeted members of the Bitcoin Rock Discord server, stealing over $300,000 worth of Ordinal inscriptions from their wallets, highlighting the vulnerability of Bitcoin wallets to cyber attacks.
More than 50 blockchains, including Ripple's XRP, are worth over $1 billion despite having little utility and few users, highlighting the prevalence of "zombie blockchains" in the crypto market.
Illuvium Labs raises $12 million in Series A funding ahead of the launch of its blockchain gaming universe, which includes monster-battler Illuvium Arena, open-world action/adventure game Illuvium Overworld, and base-building game Illuvium Zero, with plans for an impending token airdrop worth over $25 million.
Bitcoin has been performing well in recent months and analysts at Bernstein have revised their year-end price target to $90,000 due to the demand for spot Bitcoin ETFs and the upcoming halving event, although other forecasts suggest even higher prices in the future.
Bitcoin's price is expected to reach $90,000 by the end of 2024 due to the high demand for spot Bitcoin ETFs and the upcoming halving event, according to analysts at Bernstein.
NFT game Munchables lost $62 million in an exploit, but the team announced that all user funds are safe and the exploit was carried out by an insider who has returned the funds.
Asset manager VSFG and Value Partners have jointly applied for a spot bitcoin ETF in Hong Kong, as the Securities and Futures Commission is likely to permit in-kind creations and redemptions for such ETFs in Q2 2022.
The Decrypt newsletter service was compromised, resulting in a phishing email scam sent to all subscribers offering access to a nonexistent $DECRYPT token airdrop, highlighting the need for caution when engaging with crypto-related emails and websites.
HSBC is tokenizing gold for everyday investors in Hong Kong, claiming to be the first bank to create a blockchain-based real-world asset aimed at the retail marketplace.
The NEAR Protocol now supports chain signatures, allowing users to have multichain access from their NEAR account, simplifying transactions on any blockchain and defragmenting liquidity.
Polkadot price is experiencing bullish momentum due to increased interest from institutional investors, but it may face resistance before reaching higher levels; however, if it can surpass the resistances at $10 and $11, it has the potential to reach a target price of $12.
Whales have been accumulating Cardano (ADA) during a recent dip, leading to a stabilization in ADA's price, while a decrease in short-term traders holding ADA suggests a potential decrease in price volatility; there is anticipation of a golden cross in the near future, indicating a positive turn for ADA's price and potentially leading to an upward movement.
Altcoin Sherpa, a popular crypto trader, predicts that altcoins like Render, Solana, RSS3, and Vanar Chain are on the verge of big rallies after a pullback in the digital assets market.
Apple Mac computers and iPad tablets with M-series chips are vulnerable to a serious flaw that could allow hackers to steal cryptographic keys and passwords, potentially impacting cryptocurrency wallets, but the real-world risks are currently considered low.
The Saga network is nearing the end of its airdrop campaign, allowing eligible users to claim their native token SAGA before the deadline of March 27, as part of the network's mission to become a launchpad for blockchain gaming.
Tidal Financial Group and Hashdex Asset Management have announced the renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF, which will focus on spot bitcoin holdings and track a new benchmark index. The Fund aims to have at least 95% of its assets invested in spot bitcoin.
The upcoming Bitcoin halving will have a limited impact on most people, but it highlights the limited supply of Bitcoin and its increasing demand, driving up the price in the long term; the adoption of second-layer networks like Lightning will make Bitcoin more fast, reliable, inexpensive, and accessible.
House Republicans are pressing the Securities and Exchange Commission (SEC) for clarification on how Ethereum (ETH) can be treated as a security by Prometheum, warning that such a move could have negative consequences for the crypto industry. The lawmakers argue that ETH is not a security and criticize SEC Chair Gary Gensler's unwillingness to provide clarification, adding that the uncertainty surrounding ETH's classification exacerbates confusion in the market.
