BlackRock’s Ethereum ETF Surpasses $850M in Inflows Within Two Weeks
TLDR BlackRock’s iShares Ethereum Trust (ETHA) has accumulated nearly $900 million in inflows since its launch on July 23, 2024....
Month: August 2024
Vitalik Buterin Sees ‘Light at the End of the Tunnel’ for Ethereum Block-Building Research
Ethereum co-founder Vitalik Buterin recently shared an update on social media, summarizing the latest research on Ethereum block-building as of...
SEC Challenges Coinbase’s Extensive Discovery Requests
The U.S. Securities and Exchange Commission (SEC) has opposed Coinbase’s motion to compel discovery in a case where the SEC...
KIP Protocol’s $10m DAO Proposal Approved to Transform Education for 250 Million Students Globally
PRESS RELEASE. Singapore, 7 August 2024 – KIP Protocol, the Web3 base layer for AI, announces the unanimous approval of...
De-Dollarization Faltering in Africa Because Citizens Lack Confidence in Their National Currencies
Despite clearly articulating reasons for de-dollarization in the Global South, African leaders will struggle to convince residents to embrace national...
Unizen hacker transfers $2.1M stolen funds to Tornado Cash
The hacker’s use of Tornado Cash marks the first movement of the stolen Unizen funds since March, heightening security concerns.
DeFi protocol Nexera hacked for $1.5 million via smart contract exploit
Nexera’s token contract has been paused and the team advises crypto investors to stop trading the NXRA token.
CoinDCX introduces protection fund to secure Indian crypto users
CoinDCX's Crypto Investors Protection Fund will enhance user security by allocating 2% of brokerage income annually to safeguard assets.
How mobile technology can drive mass Web3 adoption
According to the Global System for Mobile Communications (GSMA), 49% of individuals globally access the internet from smartphones.
Ronin ‘white hat’ attacker returns $10M in ETH after apparent accidental front-run
The MEV bot returned nearly all of the funds, and the team claimed that $500,000 was being paid to it...
Brazilian Securities Regulator CVM Initiates Inquiry Into Tokenization Operations
The Brazilian Securities Regulator (CVM) has begun sending letters to tokenization companies, inquiring about the nature of their operations. According...
Report States Salvadoran Economy Slowed, Purchasing Power Down as Bukele Fights Inflation
A report by FUNDE, an investigative organization in El Salvador, has highlighted that the Salvadoran economy will grow less this...
Fake Crypto Recovery Service Operator Arrested and Charged
The Homeland Security Investigations New York has charged Michael Lauchlan for running a fraudulent cryptocurrency recovery service, Coin Dispute Network...
JPMorgan Sees ‘Buy the Dip’ Opportunity After Market Selloff
Monday marked a severe downturn in financial markets, with sharp selloffs in stocks, cryptocurrencies, and precious metals. However, JPMorgan analysts...
$500B plunge: Largest 3-day wipeout for crypto in a year
The crypto market has just witnessed its largest three-day sell-off in 12 months amid weak jobs data in the US...
