U.S. investing behemoth Vanguard’s new CEO has said that the firm would not be launching a spot Bitcoin (BTC) exchange-traded fund. An interview with Salim Ramji, the new CEO of Vanguard and a former head of BlackRock’s global ETF division, was published in Barron’s on May 15. Ramji said that
May 16, 2024 1 min read
Entangle, a interoperable data infrastructure layer, has successfully launched its Mainnet after two years of development and a solid testnet phase. With this significant accomplishment, Entangle is positioned as a major force in the omnichain segment, offering cutting-edge solutions for smooth interoperability. The Entangle Blockchain, Entangle Explorer, Photon Messaging, Validators, Delegation, and
May 16, 2024 1 min read
The decentralized exchange ShibaSwap has been moved to the Shibarium blockchain, according to an announcement made today by SHIB, a major ecosystem of decentralized finance (DeFi) cryptocurrencies that has been popular among millions of holders globally. It will now be possible to use the DEX both Shibarium and Ethereum. With
May 16, 2024 2 mins read
Approximately $20 million was lost due to an exploit that hit the decentralized lending protocol Sonne Finance on Wednesday morning in Asia. According to the project’s post-mortem analysis, an exploit was found in one of the Compound v2 forks. Using the known donation attack, the hacker was able to breach
May 15, 2024 2 mins read
Binance, the leading blockchain ecosystem behind the world’s biggest cryptocurrency exchange based on trading volume, today announced the debut of Funding Rate Arbitrage Bot and the complete rollout of Spot Copy Trading to all qualified customers. About 120,000 active trading strategies are presently available on Binance’s Trading Bots Marketplace, and the exchange is constantly improving
May 15, 2024 3 mins read
Colony Lab has announced the debut of its decentralized fundraising platform, which aims to democratize access to seed sales investments in early-stage enterprises that were previously only available to a small set of investors, including venture capitalists and high-net worth people. Colony Lab launches the ‘Liquid Vesting’ feature in conjunction with
May 15, 2024 2 mins read
Reportedly certain state Chinese workers who are paid in “e-CNY” or digital yuan hardly use it and have been changing it to physical cash, implying that China’s digital currency initiative is still in its early stages and has significant challenges. Some Chinese localities have started paying state personnel in the
May 13, 2024 1 min read
Leading decentralized computing technology provider io.net has announced a major GPU infrastructure expansion in collaboration with a leading enterprise-grade AI-focused GPU-as-a-service provider Aethir. This announcement represents a turning point in io.net’s ongoing efforts to improve blockchain and AI compute capabilities. Over 300 NVIDIA H100 GPUs from Aethir have been integrated into io.net’s
May 13, 2024 3 mins read
NFT project CEO Luca Schnetzler reported sales of over one million Pudgy Penguin toys in the last twelve months. As the Pudgy Penguins NFT initiative continues to extend into stores throughout the world, its founder announced on May 13 that sales had skyrocketed to over a million in the last
May 13, 2024 1 min read
Staking will not be a part of the proposed spot ether exchange-traded fund (ETF) from 21Shares and Cathie Wood’s ARK Invest. The “sponsor may, from time to time, stake a portion of the Trust’s assets through one or more trusted Staking Providers.” was a staking component that ArkInvest/21 Shares disclosed
May 11, 2024 2 mins read