Recent findings from ARK Invest indicate that staked Ether is now an important benchmark in the crypto economy owing to its very attractive risk-adjusted returns. ARK Invest emphasized that the unique nature of staked Ether positions it similarly to sovereign bonds. Lorenzo…
Bitcoin’s Price and Trump’s Rising Election Win Odds The price of Bitcoin hit its highest level in over two months earlier today. The surge comes as the odds of former US President Donald Trump winning the upcoming presidential election rose sharply. Industry…
Spot Ethereum (ETH) exchange-traded funds (ETFs) have registered five consecutive days of zero inflows, which has become a trend for this investment product. In addition, investors in the nine ETH ETFs have withdrawn significant sums from the funds since their July launch….
The US-based blockchain solutions provider Ripple Labs is venturing into offering crypto custody services to banks and other financial institutions. Ripple announced that it is exploring markets beyond the traditional digital asset ecosystem by introducing crypto custody services to the mainstream financial…
Supreme Court Rejects Battle Born’s Bitcoin Case The US Supreme Court has refused to hear a case concerning the ownership of 69,370 Bitcoin seized by the government from the infamous dark web platform Silk Road. The decision ends Battle Born Investments’ effort…
El Salvador is making moves to increase its Bitcoin (BTC) projects, defying the International Monetary Fund’s (IMF) recommendation on its crypto investments. The Central American nation made headlines in September 2021 after becoming the first country in the world to announce Bitcoin…
The Japanese Bitcoin (BTC) investment behemoth Metaplanet has sold 233 BTC Put Options, gaining 23.97 BTC as profits. According to the firm, the 233 Options it sold are worth $62,000, which is set to expire on December 27. In addition, the contracts…
AI Must Combat AI-Generated Misinformation Nvidia CEO Jensen Huang says artificial intelligence (AI) is the key to combating the risks posed by AI-generated misinformation. Speaking at the Bipartisan Policy Center recently, Huang stressed that AI’s ability to produce fake information quickly will…
Polymarket is reportedly eyeing a $50 million funding round to finance its operations and support its upcoming token launch. Per the official statement, investors who partake in the fundraiser are eligible to receive token warrants allowing them to purchase the assets should…
Hamster Kombat, the Telegram click-gaming platform, is on the verge of releasing its 60 billion tokens airdrop to only 43% of qualified players. According to the team behind the tap-to-earn game, it banned 2.3 million users for cheating, enraging some of the…
Five Bitcoin miner wallets that have been inactive for over 15 years have suddenly started moving funds. These wallets, which received block rewards in 2009, weeks after Bitcoin’s blockchain was launched, collectively moved 250 Bitcoin (BTC). According to blockchain data, one of…
While the cryptocurrency market has created fresh financial opportunities, it has also become a target for fraud through crypto pyramid schemes. Though they promise rapid and large profits, these programs are traps that cause financial losses. This guide exposes how these frauds…
The Digital Chamber of Commerce is actively seeking support from US crypto users for a new bill. This bill aims to classify certain non-fungible token (NFT) projects as consumer products, thereby preventing the misapplication of securities laws. The group urged Congress to…
BaseBros Fi Vanishes After Rug Pull BaseBros Fi, a yield optimization protocol on the Base blockchain, has vanished after allegedly pulling off a rug pull. The platform stole user funds through an unaudited smart contract. BaseBros deleted its official website and social…
Prominent Bitcoin mining firm CleanSpark recently revealed that it is on the verge of acquiring seven new crypto mining facilities in Knoxville, Tennessee. According to the Bitcoin miner, the purchase would cost the company approximately $27.5 million, and the details of the…
US SEC Holds Firm on Crypto Custody Rule The United States Securities and Exchange Commission (SEC) remains firm on its stance regarding crypto custody for regulated financial institutions, as SEC Chief Accountant Paul Munter confirmed during a recent speech. His remarks focused…
BBVA, one of Spain’s leading banking institutions, has announced the integration of USDC stablecoin into its banking services. The move is part of the bank’s expansion into the crypto space to offer institutional clients specialized trading operations. In addition, BBVA’s integration of…
Prominent Bitcoin (BTC) miner Bitfarms generated 233 BTC worth $13.9 million last month, with its holdings increasing to 1,103 BTC. It happened because Bitfarm’s operational hashrate surged 2% month over month to 11.3 EH/s. A Notable August Performance for Bitfarms However, Bitfarms…
Rising Mining Difficulty Squeezes Profits for Bitcoin Miners Bitcoin miners experienced a sharp drop in revenue in August 2024, their lowest earnings since September 2023. Data from Bitbo revealed that miners generated $827.56 million last month, a significant decrease from July’s $927.35…
Toncoin Market Cap Reaches $13.96B Toncoin, the native token of The Open Network (TON), has reached a market capitalization of $13.96 billion and surpassed 1.1 million daily active users. The achievement comes amidst turbulence following the arrest of Pavel Durov, CEO of…
