Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring. Genesis will return $3B to creditors, covering 77% of customer claims. Digital Currency Group will not receive any payout from Genesis’s […]
M2 enables UAE residents to trade BTC and ETH directly with bank accounts. Integration supports dirham deposits, withdrawals, and market-responsive trading. UAE has strict regulations to ensure consumer protection and market transparency. In a significant […]
TLDR Ethereum’s price is currently battling resistance around $3,300-$3,400 after a recent downward correction. ETH is down about 6.5% since the launch of spot Ethereum ETFs on July 23, but ETF flows recently turned positive […]
TLDR Compound Finance passed a controversial proposal allocating $24 million worth of COMP tokens to a new vault The proposal was narrowly approved despite objections from many community members Critics argue this may be a […]
Ethereum (ETH), the second-largest cryptocurrency, has seen a significant price drop of over 7.5% in recent trading, with its value hovering above $3100. This decline comes in the wake of the much-anticipated launch of Ethereum […]
TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE) saw significant outflows of $326.9 million on the second day. Most new Ethereum ETFs posted […]
TLDR Grayscale’s Ethereum ETF (ETHE) saw $484 million in outflows on its first day of trading. BlackRock’s Ethereum ETF (ETHA) led with $265 million in inflows. The total trading volume for Ethereum ETFs on day […]
US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after the SEC’s approval. The SEC has also approved VanEck Ethereum ETF. In a landmark decision […]
TLDR Polygon will migrate from MATIC to POL tokens on September 4, 2024. The upgrade is part of Polygon’s 2.0 roadmap to enhance its layer 2 ecosystem. POL will become the native gas and staking […]
Key points: Tornado Cash has seen a resurgence in 2024, with $1.9 billion in deposits in the first half of the year. This increase comes despite ongoing US sanctions and legal issues for its founders. […]
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