Spot Ethereum ETFs post $107M net inflows on first day

Fidelity Investments has hired Michael Zinaman as its product specialist to further develop a range of products in the company.Fidelity’s strategy on cryptocurrenciesOn Nov. 12, the Block reported that Michael Zinaman had joined financial services company Fidelity Investments. Zinaman will reportedly oversee the company’s strategy on cryptocurrencies, custody and execution services.Zinaman started his new position…

Blockstream’s Liquid sidechain settlement network welcomed 10 new members to the Liquid Federation on March 27.The new additions bring the Liquid Federation’s membership up to 45 — including crypto exchange trading desks, and financial institutions.New members come from diverse backgroundsThe new members include hardware wallet manufacturer Ledger, peer-to-peer exchange Hodl Hodl, crypto trade firm MerklePro,…

The State Government of Telangana may develop a blockchain e-voting platform for state and national-level use. The Southern Indian state of Telangana may soon develop and test a blockchain-based electronic voting system to facilitate remote voting.Speaking at a webinar conducted by the Election Commission of India and Tamil Nadu E-Governance Agency, the Principal Secretary of…

It is no longer news that decentralized finance provides crypto holders with a myriad of opportunities to earn passive income. While this is a known fact, I believe that it does not tell the whole story.Although DeFi’s narrative has successfully captured the attention of crypto investors, there are not enough educational materials out there that…

Metaverse tokens are starting to cool off while DeFi platforms register steady inflows that pushed the sector’s TVL to a new all-time high. 748 Total views 31 Total shares Sentiment in the cryptocurrency market is back on the rise on Nov. 29 as the recent dip down into the “extreme fear” zone on the Crypto…

Bitcoin held in long-term holder wallets has topped $10 billion amid its price falling below $60,000.

Crypto prices may be in a rut but that doesn’t mean product development and acquisitions cease to occur. This week Japanese financial firm SBI Holdings acquired a 100% stake in TaoTao cryptocurrency exchange. With the latest acquisition, SBI now owns two cryptocurrency trading platforms. This suggests that the financial conglomerate is betting on an increase in…

Blockchain analytics service Nansen has published its NFT Indexes Report for the second quarter of 2022, showing the market dynamics and quantitative performance of nonfungible tokens (NFTs) over the last three months. The report identifies and determines key factors contributing to the well-documented NFT bear market, including Ethereum-based volume and transactional metrics, as well as market…

As a result of the system bug, a total of 42 NFTs were burned in the course of 30 transactions. 888 Total views 7 Total shares Reports have emerged that a bug on OpenSea's marketplace has deleted user-owned NFTs worth 28.44 Ether (ETH), nearly $100,000 at the time of writing.The information was revealed online by…