5ireChain ignites blockchain innovation with a $10 million grant program

March 23, 2024

Dubai, Tuesday, March 5, 2024 – The world’s first sustainable blockchain, 5irechain, announced on February 21, 2024, that their $10 million grant program is set for three months, commencing from March 1 to May 31, 2024. It said that it aimed to encourage high-level developers to use the 5ire blockchain to create decentralized applications (dApps). […]

A Big Move as Ethereum Spikes on BlackRock’s ETF Move

November 21, 2023

New York City, New York – November 10, 2023: Asset management giant BlackRock has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch a spot Ethereum exchange-traded fund (ETF). If approved, the ETF could launch in early 2024. This would be the first spot Ethereum ETF to be approved in the […]

Binance’s New Support Could Be a Boost for ETH, SOL, And Pepe

July 25, 2024

 New York, Tuesday, July 23, 2024 – Cryptocurrency exchange Binance has introduced new features for several digital assets, including Ethereum (ETH), Solana (SOL), and the meme coin Pepe Coin (PEPE) sparking speculation about potential price increases for these currencies. Binance also said that it was launching new trading pairs, such as BNX/TRY and ETH/ARS, offering […]

Bitcoin, Ethereum Surge Past $1.6T, Indicating a More Lenient Chinese Stance Now

January 23, 2024

Beijing, China, Tuesday, January 09 – Amidst a dizzying rally in Bitcoin, Ethereum, XRP, and Solana that pushed aggregate crypto market capitalization above $1.6 trillion, China signaled a potential departure from its hardline stance on cryptocurrencies, raising eyebrows and sending ripples through the global digital asset landscape. The shift emerged subtly through a government document […]

Bitwise Files for XRP ETF After Bitcoin, Ethereum Success

October 2, 2024

New York, Wednesday, October 02, 2024-Bitwise, a leading crypto asset manager, has filed for an XRP-based exchange-traded fund (ETF), marking a potential new development in the growing crypto investment space. The filing, confirmed as legitimate by Bitwise to Decrypt, was made with the state of Delaware. This move follows the U.S. Securities and Exchange Commission’s […]

Bitwise files with SEC for spot ETH ETF listing

May 9, 2024

Mumbai, Tuesday, April 16, 2024 – Asset management firm Bitwise had reportedly filed for a spot Ethereum ETF from the SEC in the US on March 28. This follows favorable past records of Bitcoin funds along with the recent approvals of spot Bitcoin ETFs. The application of Bitwise has been made, while several ETH ETF […]

BlackRock’s Ethereum ETF Hits $1B in Net Asset Value

October 1, 2024

 New York, Tuesday, October 01, 2024-BlackRock’s spot Ethereum ETF has reached a significant milestone, surpassing $1 billion in total asset value just two months after its launch. This achievement follows a favorable week of trading, with U.S.-based spot Ethereum exchange-traded funds (ETFs) logging their highest weekly inflows since early August. Friday (27) saw $58.7 million […]

Bybit Hints at China’s Crypto Policy Shift, No Confirmation

June 11, 2024

Dubai, Tuesday, June 11, 2024 – The June 6 announcement by Bybit, a major cryptocurrency exchange, has sparked widespread speculation that China might be softening its stance on cryptocurrencies. This has created a buzz in the crypto markets, further fueled by renowned author Robert Kiyosaki’s prediction that Bitcoin could reach $350,000 by August 2024. Kiyosaki, […]

Circle Now Launches USD Coin on Ethereum zkSync

May 15, 2024

Boston, Wednesday, April 24, 2024 – Circle announced its USD Coin expansion of ETH-based zkSync on April 9, a post on X said. Apart from zkSync, 16 native blockchain networks, including Solana, Base, and Ethereum, will be supported. “Many leading ecosystem apps and DeFi protocols are expected to support native $USDC on zkSync for payments, […]

Coinbase Sues SEC, FDIC Over Public Records Denial

June 28, 2024

SAN FRANCISCO, Friday, June 28, 2024- Cryptocurrency exchange Coinbase is suing the U.S. Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) after both agencies denied requests for public records, the company announced Thursday. “Coinbase, Inc., the largest digital-asset trading platform in the United States, retainedHistory Associates Incorporated to submit Freedom of […]

Consensys Challenges SEC ON Spot Ether ETF Citing Ethereum’s Superior Security

April 20, 2024

NEW YORK, NY, Monday, April 8, 2024- Blockchain software company Consensys is disputing the U.S. Securities and Exchange Commission’s (SEC) concerns regarding spot Ether exchange-traded funds (ETFs). In a recent comment letter submitted to the regulatory agency, Consensys addressed the SEC’s inquiries about potential fraud and manipulation risks associated with Ethereum’s proof-of-stake (PoS) system,  particularly […]

Consensys Lawsuit Pushes For Clear Ethereum Regulations In Crypto Battle

May 11, 2024

NEW YORK, Thursday, April 25, 2024 – In a lawsuit filed on April 25, blockchain technology company Consensys said it was suing the US Securities and Exchange Commission (SEC) over the classification of Ethereum (ETH), the world’s second-largest cryptocurrency. The lawsuit seeks clarity from the SEC on whether Ethereum is considered a security under U.S. […]

Crypto Scams Surge in 2024 as Cybercriminals Adapt Tactics

September 15, 2024

New York, Sunday, September 15, 2024 –A new Chainalysis report reveals a troubling surge in cryptocurrency-related scams in 2024. The research highlights that 43% of illicit crypto inflows have gone to wallets activated this year, a significant increase from 29.9% in 2022. The report indicates a shift from long-term Ponzi schemes to more targeted frauds, […]

Cryptocurrency thefts on base surge 1,880% since January

April 16, 2024

WASHINGTON, DC, Monday, April 08 , 2024 – Cryptocurrency thefts on the Ethereum layer-2 network Base have skyrocketed by 1,880% since January, according to blockchain security firm Scam Sniffer. The data highlights the growing security challenges facing the rapidly expanding decentralized finance (DeFi) space. The report can be viewed here. Base, designed for faster and […]

Deutsche Bank now tests Ethereum-based platform

June 9, 2024

FRANKFURT, Germany Thursday, June 6, 2024 – Deutsche Bank, the German banking giant, is exploring the potential of blockchain technology to streamline record-keeping for tokenized funds. The bank is testing a platform built on the Ethereum network, according to a recent report. The new strategic movement would be guided by the Guardian Project initiated by […]

EigenLayer Makes Debut, Attracts $13B In User Deposits

April 24, 2024

San Francisco, Calif. Tuesday, April 16, 2024 – Restaking protocol EigenLayer, boasting over $13 billion in user deposits, partially launched on the Ethereum blockchain’s mainnet on April 9, 2024. However, some key features remain unavailable. “Not long ago, EigenLayer was just an idea. Restaking launched on Ethereum mainnet in June 2023. In the ensuing months, […]

Ethereum 2.0 – The Future of Blockchain Technology Is Here

July 29, 2023

Ethereum is one of the most popular cryptocurrencies. It has been around for a while but has seen massive growth in 2017. Whether you’re just getting acquainted with it or are a seasoned pro, there’s a lot you probably don’t know about it. To help clear up some common misconceptions, we will go over what […]

Ethereum Escapes Security Classification as SEC Ends Probe

June 19, 2024

NEW YORK, Wednesday, June 19, 2024- The U.S. Securities and Exchange Commission (SEC) said in a letter that it had concluded its investigation into Ethereum, the world’s second-largest Cryptocurrency yesterday. The move removes the cloud of uncertainty surrounding Ethereum’s regulatory status as a security. The news, announced by blockchain software company ConsenSys on Tuesday, was […]

Ethereum Spot ETFs Now Next in Line?

March 4, 2024

New York, NY, Monday, February, 19, 2024 – With the recent approval of Bitcoin spot exchange-traded funds (ETFs) in the United States many reports said that the next potential could be Ethereum spot ETFs by as early as May 2024. Industry experts speculate that approval could potentially happen as early as May 2024, building upon […]

eToro Settles with SEC, Limits Crypto Trading to BTC, ETH

September 13, 2024

WASHINGTON, DC, Friday, September 13, 2024 — eToro USA had reached a $1.5 million settlement with the SEC over charges of operating an unregistered broker and clearing agency about its cryptocurrency trading platform, a Reuters report said. This settlement includes the cessation of most crypto asset trading for US customers, allowing only Bitcoin, Bitcoin Cash, […]

EY Ethereum Solution Simplifies Contract Management

May 2, 2024

London, UK, Tuesday, April 23, 2024 – Ernst & Young, the global professional services firm, unveiled on April 17 a new blockchain-powered solution called EY OpsChain Contract Manager (OCM) designed to streamline and secure complex business agreements. In a media release, EY said that the OCM helps businesses execute multi-party contracts while maintaining confidentiality, improving […]

Fastest Blockchains Leave Bitcoin and Ethereum in the Dust

June 3, 2024

NEW YORK, Tuesday, May 28, 2024 – A new report by cryptocurrency data aggregator CoinGecko sheds light on the transaction processing speeds of the largest blockchain networks. The study, released in May 2024, reveals a surprising trend: established giants Bitcoin and Ethereum fall outside the top 15 fastest blockchains. CoinGecko’s analysis examined the actual and […]

Forbes Innovates as Under 30 Securely Resides on Ethereum Blockchain

December 23, 2023

NEW YORK, November 28, 2023 — In a move that marks a significant shift in list-making, Forbes is placing its prestigious Under 30 list on the Ethereum blockchain, a secure and immutable platform that will enhance transparency and accessibility while safeguarding against manipulation. This decision by Forbes is seen as an acknowledgement and increasing recognition […]

Franklin Templeton Now at Forefront of Ethereum ETF Revolution

March 3, 2024

New York, NY, Monday, February 19, 2024 – Prominent investment firm Franklin Templeton filed an application with the Securities and Exchange Commission (SEC) for the “Franklin Ethereum Trust.” This move follows the recent approval of Bitcoin spot ETFs in the US. Franklin Templeton , manages over $1.4 trillion in assets If approved, the “Franklin Ethereum […]

Hong Kong Makes History with Launch of Asia’s First Spot Bitcoin and Ethereum ETFs  

May 22, 2024

HONG KONG, Monday, May 6, 2024 – Hong Kong has launched Asia’s first spot Bitcoin and Ethereum exchange-traded funds (ETFs) on Tuesday, April 30, 2024, HKEX has announced.   Six new ETFs, issued by China Asset Management (Hong Kong) Limited, Bosera Funds, and Harvest Global Investments, allow investors to gain exposure to Bitcoin and Ethereum […]

HSBC Australia Halts All Crypto Transactions Immediately

July 25, 2024

Canberra, Thursday, July 25, 2024- HSBC Australia has abruptly blocked all customer transactions to cryptocurrency exchanges, citing a surge in scam activity. The move, which took effect on July 24, 2024, restricts both bank transfers and credit card payments to crypto platforms. The bank claims the decision is to protect customers from financial losses. The […]

India Tops 2024 Global Crypto Adoption Index

September 12, 2024

New Delhi, Thursday, September 12, 2024- India remains the top country for cryptocurrency adoption, according to Chainalysis’ 2024 Global Crypto Adoption Index released a while ago.The Chainanalysis report can be seen here. This marks the second consecutive year that India has ranked first, surpassing countries like Nigeria, Indonesia, the United States, and Vietnam. Chainalysis analyzes […]

Infura’s Decentralization Promises a New Era

October 4, 2023

New York, September 8: ConsenSys, which owns Infura, said on its website that Infura would release a decentralized version of its service by the end of 2023. This decentralization would be operated by multiple entities, making it resilient to outages. Infura is a blockchain infrastructure-as-a-service (IaaS) platform that provides developers with access to Ethereum and […]

Kamala Harris’ Policy Omit Crypto and Bitcoin

September 10, 2024

Washington, Tuesday, September 10, 2024 – Vice President Kamala Harris unveiled her policy positions for her presidential campaign yesterday, but the list notably excludes any mention of cryptocurrencies, reports said. While Harris has committed to supporting “American innovation and workers,” focusing on sectors like artificial intelligence, she has remained silent on the growing cryptocurrency industry […]

London Stock Exchange to Begin Trading Bitcoin and Ether ETNs Tomorrow

May 27, 2024

LONDON, Monday, May 27, 2024- The London Stock Exchange (LSE) will commence trading for exchange-traded notes (ETNs) based on Bitcoin (BTC) and Ether (ETH) tomorrow Tuesday, May 28, 2024. It is important to note that participation in this market will be limited to professional investors. The London stock Exchange announced in March. The move follows […]

Now SEC Opens Public Comment On Delayed BlackRock Ether ETF

May 2, 2024

WASHINGTON, Tuesday, April 30, 2024 – The U.S. Securities and Exchange Commission (SEC) is seeking public comment on changes made to BlackRock’s proposed spot Ethereum exchange-traded fund (ETF). “Interested persons are invited to submit written data, views, and arguments concerning the foregoing, including whether the proposed rule change is consistent with the Act,” SEC said […]

OKX Ventures and ECP Lead the Way in Web3 Sustainability

December 28, 2023

Singapore, December 6, 2023 – OKX Ventures, announced on December 6 its official partnership with the Ethereum Climate Platform (ECP) as a launch partner. OKX Ventures the investment arm of OKX. OKX stands as a prominent global cryptocurrency exchange, specializing in both spot and derivatives trading. Recognized as the second-largest crypto exchange by trading volume, […]

SEC Delays Ethereum ETFs, Grayscale, and Templeton Applications on Hold

May 5, 2024

WASHINGTON, Monday, April 29, 2024- The U.S. Securities and Exchange Commission (SEC) has postponed its decisions on proposals for spot Ethereum exchange-traded funds (ETFs) submitted by Grayscale Investments and Franklin Templeton. This marks the latest development in the ongoing saga of approving a US-based ETF directly tied to the world’s second-largest cryptocurrency. The SEC had […]

SEC Now Reverses Course, Approves Spot Ethereum ETFs

May 24, 2024

WASHINGTON, DC, Friday, May 24, 2024- In a surprise move, the Securities and Exchange Commission (SEC) on Thursday, May 23 approved applications for several spot Ethereum ETFs (exchange-traded funds). The approval applies to exchange listings from Nasdaq, CBOE, and NYSE. The move follows months of delays and a lack of clear guidance from the SEC […]

SEC sanctioned for ‘abuse of power,’ probes Ethereum

April 29, 2024

London, Tuesday, April 19, 2024 – The Securities and Exchange Commission (SEC), the US agency responsible for fortifying the regulations of markets and investors, was sanctioned on March 25 by a US district court due to the “bad faith” in the lawsuit against Debt Box, according to the resource. The motion filed by the SEC […]

SEC Wins Dismissal of Consensys Lawsuit Over Ethereum and MetaMask

September 20, 2024

New York, Friday, September 19, 2024-A federal judge has dismissed Consensys’ lawsuit against the Securities and Exchange Commission (SEC), which challenged the SEC’s stance on Ethereum (ETH) and its scrutiny of MetaMask’s Swap and Staking features. The suit, filed in April 2024, claimed the SEC was improperly treating Ethereum as a security, while also focusing […]

SocGen’s EURCV Pioneering Listed Stablecoin Reshapes Finance

January 4, 2024

Paris, France, Wednesday, December 6, 2023: In a surprising move for the financial industry, Societe Generale, the leading French bank, has become the first major institution to list a Stablecoin on a public exchange. The digital asset, dubbed EUR CoinVertible (EURCV), tracks the value of the euro and trades on Bitstamp, a Luxembourg-based crypto exchange. […]

Solana $58 Rally Ignites $1,000 Speculation Surge

November 29, 2023

SAN FRANCISCO, CA November 21, 2023 – Solana (SOL), the high-performance blockchain protocol often referred to as the Ethereum killer, has recently experienced a remarkable surge in price, reaching a new high for the year 2023 at approximately $58. This significant price increase has fueled speculation among analysts that SOL could potentially reach a valuation […]

Spot Ethereum ETFs Gain Traction as Franklin Templeton Lists Proposed Fund  

May 23, 2024

NEW YORK, Tuesday, May 7, 2024 – The prospects of spot Ethereum exchange-traded funds (ETFs) is heating up following Franklin Templeton listing a proposed Ethereum ETF under the ticker symbol “EZET” on the Depository Trust and Clearing Corporation (DTCC). The move follows Franklin Templeton’s application for the “Franklin Ethereum ETF” filed with the Securities and […]

Study Links Cryptocurrency Ownership to Psychopath Traits

August 28, 2024

Toronto, Canada, Wednesday, August 28, 2024- A new study has linked cryptocurrency ownership to certain personality traits, including psychopathy, narcissism, Machiavellianism, and sadism. Researchers at the University of Toronto and the University of Miami surveyed 2,001 American adults to examine the relationship between cryptocurrency ownership and various psychological and social characteristics. However, the researchers cautioned […]

Thiel’s Bold Move, $200M Crypto Bet As Bull Run Looms

March 5, 2024

SAN FRANCISCO, Tuesday, February 20, 2024 – Venture capital firm Founders Fund, led by billionaire investor Peter Thiel, reportedly placed a significant $200 million bet on Bitcoin and Ethereum before the recent cryptocurrency bull run, Reuters News Agency reported on February 12, 2024, citing “sources familiar with the matter.” The investment spread equally between the […]

Toyota Explores Ethereum for Car Management

July 24, 2024

TOKYO, Wednesday, July 24, 2024- Toyota Motor Corp. is exploring the use of Ethereum blockchain technology to manage vehicle data and potentially transform how cars are owned and used. “Toyota Blockchain Lab suggests developing a MOA (Mobility-Oriented Account) based on Ethereum ERC-4337 to ensure that the account itself can be retained even if the private […]

Treasury, IRS Finalize Tax Reporting Rules for Digital Assets

July 5, 2024

Finalised Regulations to be Published on Sunday July 7 WASHINGTON, Friday, July 5, 2024- The U.S. Department of the Treasury and the Internal Revenue Service (IRS) on Wednesday June 26 finalized regulations implementing the bipartisan Infrastructure Investment and Jobs Act’s (IIJA) reporting requirements for brokers of digital assets, a media statement issued by Department of […]

Uniswap DAO Challenges Traditional Exchanges in Trading’s New Era

September 8, 2023

Understanding Uniswap Uniswap is a unique form of exchange that employs the Automated Liquidity Protocol, an innovative concept in the crypto and blockchain field. Uniswap was developed in 2018; the platform offers interoperability across all ERC-20 tokens and infrastructures, leveraging the power of Ethereum, the world’s second-largest cryptocurrency by market value. What sets Uniswap apart […]

Uniswap Introduces New Features to Improve the Swapping Experience

April 9, 2024

Brooklyn, Wednesday, March 13, 2024– Uniswap, the decentralized exchange protocol, announced on February 27, 2024, their new releases of Uniswap Extension, Limit Orders, Data, and Insights on the Uniswap platform. The Uniswap protocol that is operative on both web and mobile apps has broadened its space for users’ utility. The facile method of utilizing the […]

Valkyrie Pauses Ethereum Futures Amid Focus Shift

October 12, 2023

NEW YORK, September 29 — Valkyrie Funds, one of the companies seeking to launch Ethereum ETF in the United States, said it has halted its purchase of ETH futures contracts. The company shared its decision on Friday, September 29, 2023, through a filing with the Securities and Exchange Commission. However, the filing did not offer […]

VanEck Seeks Approval for First US Solana ETF

June 28, 2024

New York, NY, Friday, June 28, 2024-In a move signaling broader acceptance of cryptocurrencies, VanEck, a New York-based investment firm, filed a proposal with the Securities and Exchange Commission (SEC) to launch the first-ever U.S. exchange-traded fund (ETF) for Solana (SOL). The VanEck Solana Trust, if approved, would offer investors direct exposure to SOL, the […]

Why Ethereum ETFs Could Be the Key to Crypto’s Mainstream Breakthrough

July 5, 2024

Following the SEC’s conclusion that Ethereum is not a security, the prospect of a Spot Ethereum ETF approval by “the end of summer” has sent ripples of excitement through the cryptocurrency world. The regulatory stance marks a positive step forward, paving the way for Ethereum to enter the mainstream financial arena. ETFs have gained immense […]