ARK and 21Shares drop staking plans from Ethereum ETF proposal

It’s full bull all over again as $56,000 and a trillion-dollar market cap become the focus again for Bitcoin bulls. 1621 Total views 54 Total shares Bitcoin (BTC) surged even higher on Oct. 6 as its spot price saw a sudden surge upward to over $55,000, its highest since May 12.BTC/USD 1-day candle chart (Bitstamp).…

Investors seem to have priced in a 25 basis points rate hike by the United States Federal Reserve on May 3. Next, they will look for clues on the Fed’s actions for the rest of the year.Will the Fed maintain its hawkish stance as inflation still remains well above its target range or will the…

U.S. tech giant IBM has officially launched its blockchain-based food tracking network, Food Trust, after 18 months of testing, the company revealed in a press-release Monday, October 8.In the same announcement, the corporation revealed that another major food retailer Carrefour is joining their ecosystem. The France-based company that operates more than 12 thousands stores in…

Three Arrow Capital (3AC), a Singapore-based crypto hedge fund that at one point managed over $10 billion worth of assets, became one of the many crypto firms that went bankrupt in this bear market. However, the fall of 3AC wasn’t purely a market-driven phenomenon. As more information surfaced, the collapse looked more like a self-inflicted crisis…

The last ten days have been nothing short of impressive for Dogecoin (DOGE), which rallied by more than 500% to a new all-time high at $0.45. Even after a 15% correction, the powerful rally catapulted Dogecoin’s market capitalization above well-established financial institutions like ING, Barclays, and Credit Agricole.The meme-driven cryptocurrency was pushed higher by multiple…

Impermanent loss relates to a condition wherein investors end up losing assets they had previously dedicated to providing liquidity to a liquidity pool. 331 Total views 13 Total shares Zircon Finance, an automated market maker (AMM) and a decentralized exchange on Moonbeam, announced the launch of a mainnet network to address investors’ challenges related to…

The top 10 white hats in Immunefi's community have generated over $42 million in total earnings since 2020 by disclosing critical vulnerabilities. 171 Total views 16 Total shares Bug bounty platform Immunefi has released its Whitehat Leaderboard — a scoring system that showcases the top 20 most elite white hats in Web3. The rank will…

Sunday, July 14 — Most of the top 20 cryptocurrencies are reporting losses on the day by press time, as Bitcoin (BTC) fell below the $10,400 mark.Market visualization courtesy of Coin360Bitcoin is currently down by over 9% on the day, trading at around $10,392 at press time, according to Coin360. Looking at its weekly chart,…

The commercial, state-run Bank of China, not to be confused with the People’s Bank of China, announced its plans to invest further in fintech innovation, according to local news outlet The Paper August 9. Citing comments at a press conference on the banking industry, The Paper reports that the Bank of China’s Chief Information Officer…