Category: News
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CBOE announce five spot Ethereum ETFs
CBOE announced that five spot Ethereum ETFs, including funds from Fidelity and VanEck, will be listed on the exchange on July 23. This follows CBOE posting new issue notifications as part of the ETF launch procedure. Firms aiming to launch their spot Ethereum ETFs received SEC approval of 19b-4 forms in May. However, they need…
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Bitcoin Price Breaks $66,000 Level: A Bullish Outlook Ahead
Bitcoin price has successfully broken the $66,000 level, marking a significant milestone in its recovery from the recent downturn. This breakthrough, supported by key Fibonacci retracement levels, is a strong indicator of potential bullish momentum. Key Insights from the Bitcoin Price Chart Bullish ETF Inflows help Bitcoin Price In addition to the technical indicators, bullish…
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Luno and HTX Integrate Fireblocks: Enterprise-Grade Digital Asset Platform
Luno’s Integration with Fireblocks South African crypto exchange Luno has announced its integration with Fireblocks, a leading enterprise-grade digital asset transfer platform. This partnership marks a significant step towards enhancing Luno’s transaction capabilities and user experience. The Allure of Fireblocks Integration On July 17, Luno revealed that it would leverage Fireblocks’ technology to enable fast,…
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WazirX reportedly hacked by North Korean hackers
Indian cryptocurrency exchange WazirX was the victim of a security breach on 18th July, 2024. And reports are now coming that this was a North Korean hacker group’s job. A cyber attack occurred in one of our [multi-signature] wallets involving a loss of funds exceeding $230 million,” the company stated. “This wallet was operated utilizing…
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BlackRock to Dominate Ethereum ETFs
BlackRock is poised to dominate the future Ethereum ETFs market by offering a fee of just 0.25%, significantly lower than many competitors. This bold strategy has the potential to revolutionize the industry and bring substantial benefits to investors. The surge in volume can take place with big institutions eyeing big moves. Read more about it…
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IoTeX Launches Version 2.0 to Advance DePin Ecosystem
IoTeX Launches Version 2.0 to Advance De-Pin Ecosystem IoTeX has launched Version 2.0, marking a significant step in its focus on decentralized physical infrastructure networks (DePin). This upgrade aims to transform the development and scalability of DePin projects, propelling IoTeX into a new phase. Ambitious Roadmap At the heart of IoTeX 2.0 are the DePIN…
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Indian exchange WazirX reportedly hacked for $234M
On July 18, Cyvers Alert reported that Web3 security firm Cyvers detected “multiple suspicious transactions” involving WazirX’s Safe Multisig wallet on Ethereum. They believe that $234.9 million of funds were moved to a new address, with each transaction’s caller funded by Tornado Cash, a decentralized protocol for private transactions. The new address has already converted…
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Institutional Optimism Surges with Ethereum Spot ETFs
Institutional optimism regarding Ethereum has surged with news of potential Ethereum Spot Exchange-Traded Funds (ETFs) on the horizon. Unlike retail investors, institutional investors are showing greater enthusiasm for the crypto asset. This heightened institutional optimism can be attributed to several factors. This includes higher trading volumes that signal a strong belief in Ethereum’s long-term potential.…
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Grayscale Investments Unveils New Decentralized AI Fund
Grayscale Investments Unveils New Decentralized AI Fund Grayscale Investments, the world’s largest crypto asset manager, has announced the launch of the Grayscale Decentralized AI Fund LLC (“the Fund”). This new fund aims to provide investors with exposure to emerging protocols within the artificial intelligence sector of the crypto ecosystem. Fund Highlights Why Decentralized AI? Decentralized…
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Stripe expands with crypto in Europe
Coinbase partner Stripe has announced the expansion of its cryptocurrency integration into the European Union (EU). This will enable shoppers to purchase various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), using their credit or debit cards. This strategic move aims to simplify the process of conducting transactions with virtual assets. Egan added, “Now,…