Ethereum ETF Race Heats Up
Bitwise has officially thrown its hat into the ring with the Securities and Exchange Commission (SEC) to launch a spot Ethereum ETF, marking a significant step towards broadening access to Ethereum for traditional investors. This move positions Bitwise amidst a competitive landscape alongside financial titans like BlackRock, Grayscale, and VanEck, all of whom share the […]
The Trial of Tornado Cash’s Alexey Pertsev
The criminal trial of Alexey Pertsev, the developer behind Tornado Cash, has captivated the cryptocurrency world, highlighting the complexities and legal challenges facing decentralized finance (DeFi) and open-source development. Pertsev faces accusations of facilitating the laundering of over $1.2 billion through Tornado Cash, a decentralized crypto mixer sanctioned by the US. His trial, taking place […]
Hashdex ETF Shifts to Spot Bitcoin
Crypto asset manager Hashdex has made a strategic pivot in its Bitcoin Futures ETF, marking a significant shift towards direct Bitcoin holding—a move that aligns with the growing demand for cryptocurrency investments. Renamed the Hashdex Bitcoin ETF and retaining its ticker DEFI on the NYSE Arca, this transition not only reflects an evolved investment strategy […]
Munchables’ Swift Recovery from $62M Exploit
The Ethereum layer 2 game Munchables demonstrated resilience and quick action following a multi-million dollar exploit, culminating in the recovery of $62.5 million in user funds. This saga unfolded on the Blast network, where an alleged developer misconduct led to a significant security breach, only to be met with a swift and effective response from […]
Bitcoin Whale Stirs $6 Billion
The owner of the fifth-largest Bitcoin wallet executed a monumental transaction, moving over $6 billion worth of Bitcoin for the first time since 2019. This event, spotlighted by Arkham Intelligence on Twitter, underscores the profound impact that major holders, or ‘whales’, can have on the market. The whale, possessing a staggering 94,500 BTC, distributed this […]
Ava Labs’ Bold GDC Statement
In an audacious move at the Game Developers Conference (GDC), Ava Labs took the gaming world by surprise with a provocative declaration: “Web3 gaming sucks.” This bold statement, far from a self-critique, served as a rallying cry from the team behind the Avalanche Gaming booth, challenging the prevailing scepticism surrounding Web3 gaming. The statement adorned […]
Roger Ver’s Unyielding Faith in Bitcoin Cash
Roger Ver, an early Bitcoin investor, remains unwavering in his support for Bitcoin Cash (BCH), despite Adam Back, Blockstream CEO and a seminal figure in Bitcoin’s development, extending a conciliatory invitation to return to the Bitcoin fold. This invite came in the wake of Ver’s controversial book, “Hijacking Bitcoin: The Hidden History of BTC,” where […]
Bitcoin Nears Peak as Halving Approaches
As the countdown to the Bitcoin halving ticks under 25 days, the premier cryptocurrency is once again making headlines, flirting with its all-time high by crossing the $70,000 mark after a tumultuous week. This resurgence in Bitcoin’s value, demonstrates a significant rebound, marking a 9% increase in the last 24 hours and a 5.5% rise […]
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