The Ethereum Foundation allocated $120 million of Ether to decentralized finance (DeFi) protocols, responding to community concerns about the foundation’s reliance on ETH sell-offs for funding. On Feb. 13, the Ethereum Foundation’sRead More…
OpenSea denies NFT airdrop rumors, calls website a test page
OpenSea has denied circulating rumors about a non-fungible token (NFT) airdrop, calling them “completely false” and urging community members to rely only on its official platforms for information. On Feb. 10, communityRead More…
Ethereum an 'obvious buy' as accumulation addresses see record $883M ETH inflow
Ethereum accumulation addresses witnessed a record surge in daily inflows on Feb. 7, suggesting growing confidence in the cryptocurrency’s future price trajectory despite its recent underperformance compared to the broader crypto market.Read More…
How to choose a market maker for your Web3 project
What are market makers? Market makers are organizations or individuals who provide liquidity to financial markets by offering to purchase and sell assets at predetermined prices. They play an important role inRead More…
South Korean elders need Bitcoin, Ether ETFs, finance industry chief says
South Korea’s Financial Investment Association (KOFIA) has vowed to push for the approval of cryptocurrency exchange-traded funds (ETFs) in the domestic stock market “this year,” according to local media reports. KOFIA chiefRead More…
Solana stablecoins attain 2x market cap in January
The market capitalization of stablecoins on the Solana blockchain more than doubled in January, soaring from $5.1 billion on New Year’s Day to $11.4 billion by month’s end, according to data fromRead More…
Swiss bank UBS tests blockchain for digital gold investments on ZKsync
Switzerland’s largest bank, UBS, is experimenting with blockchain technology to modernize digital gold investments for retail investors. The Union Bank of Switzerland (UBS), with over $5.7 trillion in assets under management, hasRead More…
China convicts BKEX staff for illegal gambling via crypto contracts
A Chinese court ruled that cryptocurrency exchange BKEX engaged in illegal gambling through its contract trading platform and sentenced several employees and agents to prison for their roles in the operation. TheRead More…
Metaplanet plans to raise over $700M to buy Bitcoin
Japanese publicly-traded company Metaplanet has announced plans to raise over 116 billion yen, worth around $745 million, to fund more Bitcoin purchases. On Jan. 29, the company issued 21 million shares ofRead More…
How to buy Bitcoin ETFs
Key takeaways Bitcoin ETFs expose novice and experienced investors to Bitcoin’s price movements without owning the cryptocurrency directly, offering simplicity and convenience. Spot ETFs directly track Bitcoin’s price, offering transparency and lowerRead More…