How ETFs are reshaping the crypto markets

While there are inherent strengths to be found in both centralized finance and decentralized finance companies, there are certain areas in which DeFi shines, including user empowerment, transparency and reach. While customers may be drawn to CeFi’s perceived security and strength advantages, in an increasingly digital, global economy, if CeFi companies can’t keep up with…

World Wrestling Entertainment offered 500 gold tier packages with Cena's NFT for $1,000, but only a fraction of them sold. 419 Total views 64 Total shares Professional wrestler and actor John Cena said fans only purchased 7.4% of his World Wrestling Entertainment, or WWE, nonfungible tokens (NFTs) that he made available last month.Speaking at Florida…

Chile’s crypto trading platform CryptoMarket has obtained a license issued by the Estonian Financial Intelligence Unit (FIU), allowing it to provide services for the purchase and sale of crypto assets.Founded in 2016, CryptoMarket joins a select group of Latin American crypto companies operating in the region, with Bitso (Mexico) and Mercury Cash (Venezuela) obtaining licenses…

In May, Bitcoin (BTC) posted its first monthly loss since December 2022 with a negative 6.98%. However, this consolidation was not obviously driven by a change in fundamentals or the broader macroeconomic environment. The crypto market was looking for direction and liquidity in this phase before the United States Federal Reserve announced a pause on…

“We are likely to experience similar incidents,” said Binance CSO Jimmy Su in the wake of the global computer outage.

Researchers from the Stanford University and Visa Research have developed a privacy mechanism for Ethereum (ETH) smart contracts. A paper describing the mechanism was published on Stanford University’s Applied Cryptography Group website on Feb. 20.According to the paper, the researchers created “a fully-decentralized, confidential payment mechanism” called “Zether” that is consistent with both Ethereum and…

The Phantom wallet app has launched a new Burn Token feature, allowing users to remove spam NFTs sent by scammers. 436 Total views 23 Total shares Solana-based wallet provider Phantom has launched a new burn feature allowing users to remove spam non-fungible tokens (NFTs) sent by scammers. According to an Aug. 18 blog post from…

Can MIT help the U.S. catch up to China in the CBDC race? The MIT Digital Currency Initiative, or DCI, is helping the federal reserve bank of Boston build a digital currency with the goal of scaling for consumer use. The DCI’s director Neha Narula told Cointelegraph:“We're trying to build a high throughput, low latency transaction…

A survey published by Fidelity has found that more than one-third of institutional investors globally are exposed to crypto assets. 903 Total views 42 Total shares A Fidelity survey of 774 institutional investors found that more than one-third of firms worldwide have invested in digital assets or derivatives.While 36% of institutions own crypto globally, multinational…