Crypto.com, PayPal, and Paxos have joined forces to create a platform for PayPal USD (PYUSD) exchange. This collaboration is aimed at increasing cryptocurrency accessibility and advancing digital commerce. Joe Anzures, SVP and GM, Americas and Global Head of Payment Partnerships at Crypto.com, expressed his enthusiasm for the venture. He believes that this partnership will help […]
Bitwise Asset Management has announced the launch of two Ethereum-themed exchange-traded funds (ETFs): the Bitwise Ethereum Strategy ETF (AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF (BTOP). These ETFs will provide investors with access to Chicago Mercantile Exchange (CME) Ether futures and expand regulated and trusted investment avenues in the crypto sector. […]
John Deaton, a prominent securities attorney, was recently honored with the inaugural Defender of Freedom Award by the International Crypto Business Law Association (ICBLA). This award recognizes Deaton’s bold strategy that enabled digital asset owners to challenge SEC enforcement actions. His significant contribution in the SEC v. Ripple case showcased the power of collective community […]
Bitwise Asset Management has announced that trading for two Ethereum-focused ETFs, the Bitwise Ethereum Strategy ETF ($AETH) and the Bitwise Bitcoin and Ether Equal Weight Strategy ETF ($BTOP), will commence on October 2, 2023. This decision comes after the firm amended its application for the spot Bitcoin ETF. According to the firm’s Chief Investment Officer, […]
The wallet of the perpetrator of the FTX hack, identified as 0x3e957, has recently been activated and contains a substantial sum of $16.75 million in ETH tokens. Two separate transactions of 2,500 ETH each, valued at $4 million, have been made, which could potentially exert downward pressure on prices and affect smaller investors. The launch […]
Georgia is taking a major step towards digital currency with the National Bank of Georgia (NBG) aiming to ensure that its central bank digital currency (CBDC), the digital lari, can interoperate with a future digital euro while maintaining the nation’s monetary independence. The NBG recently announced its plans to progress research on the digital lari […]
The Securities and Exchange Commission (SEC) is rushing to approve Ethereum products before the government shutdown on October 1st, according to Bloomberg ETF expert Eric Balchunas. Valkyrie, VanEck, ProShares, Bitwise, Hashdex, and Volatility Shares all expect to begin trading their Ether futures ETFs on Monday. Valkyrie’s chief investment officer Steven McClurg told Reuters that the […]
The meme coin market has seen a staggering cumulative trading volume of over $36 billion between 2020 and today, and is currently commanding roughly 1.5% of the entire crypto market cap. Enter the Memeinator, a new combatant on a mission to cleanse the landscape by eradicating weak and futile meme coins — all while aiming […]
Asset managers are increasingly pursuing digital asset products, with Invesco and Galaxy Digital filing for a spot Ethereum ETF on September 29. Bloomberg ETF analyst James Seyffart revealed the filing on X, though it had not yet been uploaded to the SEC’s public database. A spokesperson for Invesco declined to confirm the application.The SEC has […]
Zhu Su, co-founder of the now-bankrupt Three Arrows Capital (3AC), has been arrested in Singapore, according to a tweet from online news aggregator db. The reason behind the arrest and the nature of any charges brought are currently unknown.3AC’s downfall was a shocking event in the crypto industry, given its prominent position and substantial investment […]
