Glassnode statistics shows that the number of active validators on the Ethereum Proof-of-Stake (PoS) network reached a year-to-date low on January 12th. Decline started on January 4th, coinciding with a record-breaking 17,821 validators willingly leaving the network’s validator pool. This pattern surfaced the day after leading crypto investment services firm
January 16, 2024 2 mins read
Google Cloud has joined Flare, the blockchain for data, as an infrastructure provider. Google Cloud will serve as a network validator and contribute to the Flare Time Series Oracle (FTSO) on the Flare network as announced today. By serving as a network validator, Google Cloud will help the Flare blockchain’s
January 16, 2024 3 mins read
The newly issued iShares Bitcoin Trust ETF (IBIT) from financial behemoth BlackRock is being promoted in a subtle and unobtrusive manner, which is a departure from the norm. Some may find it dull, but experts in the field think it might be the key to luring the wealthy group. A
January 15, 2024 2 mins read
A major NFT marketplace, OpenSea, is working on an update to its platform called OpenSea 2.0. In light of the fact that NFT categories are always evolving in response to new use cases, CEO Devin Finzer has said that this update is an effort to improve the user experience and
January 15, 2024 2 mins read
The first deadline for the Securities and Exchange Commission to approve spot Ethereum exchange-traded funds is in May, but JPMorgan isn’t placing major bets on it. According to JPMorgan’s Nikolaos Panigirtzoglou, if the SEC wants to approve spot Ethereum ETFs in May, it should consider Ethereum a commodity, like bitcoin,
January 14, 2024 2 mins read
The U.S SEC’s approval of the Bitcoin ETF was a watershed decision. Having said that, Vanguard has maintained its firm position on not offering Bitcoin ETF trading. This action has been deemed “terrible” by Ark Invest founder Cathie Wood. Ark Invest CEO Cathie Wood has criticized Vanguard for their unwillingness
January 14, 2024 2 mins read
Having launched its NFT marketplace about fifteen months ago, publicly listed video game retailer GameStop has chosen to say goodbye to it. Unfortunately, GameStop will no longer be supporting the marketplace that lets users buy and sell gaming NFTs and other collectibles on Loopring and Immutable X. A message on
January 13, 2024 1 min read
Before the U.S. SEC recently approved ETFs which allowed direct investing in Bitcoin, MicroStrategy co-founder Michael Saylor sold shares in a number of different offerings. In the days leading up to the SEC approval (January 2–January 10), Saylor sold 3,882–5,000 shares, according to Bloomberg data. This was Saylor’s first sale
January 13, 2024 2 mins read
South Korean securities companies may have violated regulations by brokering Spot Bitcoin ETFs registered abroad, according to a press statement by the Financial Services Commission (FSC) on January 12. The advice is issued at a time when the FSC is attempting to address the regulatory frameworks and issues presented by
January 12, 2024 1 min read
A member of the Senate Banking Committee and a Democrat from Massachusetts, Elizabeth Warren has publicly blasted the SEC for its recent approval of eleven spot bitcoin ETFs. It is critical that the cryptocurrency industry immediately adopt anti-money laundering legislation; Warren, who is well-known for her cautious attitude toward cryptocurrencies,
January 12, 2024 1 min read