Grayscale Bitcoin Trust ETF outflows exceed $21B in under 12 months
The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from nine of the US-based spot Bitcoin ETFs in the market.
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You Can Now Use Cryptocurrency to Trade ‘TRUMP-2020’ Futures
Cryptocurrency derivatives exchange FTX has created a new, specialized futures contract for traders to bet on President Donal Trump’s reelection in 2020.Dubbed TRUMP-2020 (TRUMP), FTX announced on Feb. 5 that the contract expires to $1 if Donald Trump wins the 2020 US presidential general election, and $0 if otherwise.The launch of TRUMP coincides with a…

Tether has $1.5B in Bitcoin reserves: BDO Italia
The financial advisory and accounting firm also revealed that Tether held roughly $3.4 billion worth of precious metals. 96 Total views 9 Total shares BDO Italia's latest attestation report for Tether revealed that Bitcoin (BTC) made up approximately $1.5 billion of the stablecoin issuer's reserves, or roughly 2% of the total, at the end of…

Samsung NEXT Technical Director Values Decentralization Above Blockchain
Decentralization is a more important phenomenon than blockchain, a senior executive at South Korean tech giant Samsung said in an interview with computing magazine JAX Jan. 10. Speaking about the future of blockchain, Ricardo J. Méndez, Technical Director at the firm’s innovative technology arm Samsung NEXT, forecast a consolidation of the space in the coming…

There Are Now Over 7,000 Cryptocurrency ATMs Worldwide
The number of crypto ATMs across the globe has grown to over 7,000, with machines in 75 countries.At press time, CoinATMRadar listed 7,014 cryptocurrency ATMs in existence. This number also includes machines hosting digital currencies other than Bitcoin (BTC), including assets such as Bitcoin Cash (BCH), Ether (ETH), Dash (DASH) and Litecoin (LTC).Crypto ATMs have…

Meta set to begin testing NFTs on Instagram Stories with SparkAR
Earlier this week, Meta also announced it would join with other tech companies to create a metaverse standards body. 44 Total views 18 Total shares Instagram's parent company Meta announced Wednesday that it will begin testing NFTs on Instagram Stories using its augmented reality platform SparkAR.CEO Mark Zuckerberg said of the announcement, “We're expanding our test so more…

India’s Web3 dominance fueled by 1K startups, global investments, dev talent
India is on track to lead Web3 adoption by 2027, driven by startups, developers and government-backed blockchain initiatives.

Onchain sleuth ZachXBT accuses Crypto.com of CRO supply manipulation
Crypto.com is facing criticism from the crypto community after reissuing 70 billion Cronos tokens burned in 2021. Critics said the move undermines the principles of decentralization and transparency in the cryptocurrency space. The controversy erupted on March 25 after onchain investigator ZachXBT posted on X, accusing Crypto.com of reissuing Cronos (CRO) tokens that had been

Big breath as Beacon Chain stops finalizing… and then recovers
The Ethereum mainnet briefly stopped finalizing transactions but recovered after 25 minutes. 235 Total views 2 Total shares An unidentified issue on Ethereum’s Beacon Chain led to a halt in transactions for nearly half an hour on May 11. Around 8:15pm on Thursday May 11, a number of Ethereum core developers announced that the Beacon Chain…