Before the expected introduction of spot Ethereum exchange-traded funds (ETFs) in the US. The Grayscale Ethereum Trust (ETHE) is no longer trading at a discount to net asset value (NAV). Data from YCharts shows that on July 3, ETHE, which had traded at a discount for the previous three years,
July 5, 2024 2 mins read
DWF Labs, a Web3 investor, has announced the establishment of a $20 million US Cloudbreak Fund. The initiative seeks to provide significant financial support and strategic resources to promising projects and their founders in Chinese-speaking regions. Groundbreaking projects in the fields of GameFi, SocialFi, Derivatives, GameFi, and Layer 1/Layer 2
July 4, 2024 2 mins read
The non-custodial asset bridge provider Celer and the blockchain gaming ecosystem Oasys have partnered to provide Bridged USDC Standard support on the Oasys blockchain. The global financial technology company Circle Internet Financial (Circle) developed the Bridged USDC Standard to allow qualifying blockchains to have a future upgrade route from bridged USDC to native
July 3, 2024 1 min read
MANTRA, the Institutional-grade Layer 1 blockchain for tokenized RWAs, and MAG, a top real estate developer in the United Arab Emirates, announced a major collaboration today that will lead to the tokenization of MAG’s real estate portfolio worth half a billion US dollars, marking an important milestone in the global
July 3, 2024 2 mins read
The USDT stablecoin’s issuer, Tether, has teamed up with BTguru, a cryptocurrency startup based in Turkey. With the help of a memorandum of understanding (MoU), these two organizations have joined forces to increase blockchain and digital assets’ use in Turkey. Educational program development and new business channel exploration in the
July 2, 2024 2 mins read
The University of Buenos Aires’ Innovation and Artificial Intelligence Lab (UBA IALAB) and Web3 data platform Archisinal have established a partnership. The organizations are working together to create a Polkadot-based initiative that will modernize the UBA law facilities. In order to adapt blockchain technology to design and urbanism, Archisinal will
July 2, 2024 2 mins read
Circle CEO and co-founder Jeremy Allaire made the announcement on July 1 that the company has become the first EU stablecoin issuer to get regulatory clearance under the new Markets in Crypto-Assets (MiCA) framework. To allay concerns that investors may be forced to liquidate their stablecoins or move their money
July 1, 2024 1 min read
The purchase of Pluto has been disclosed by Robinhood, a prominent player in the cryptocurrency market. Pluto is a revolutionary investment copilot powered by AI. In addition, the goal of this step is to improve the exchange’s products for individual investors by using powerful AI techniques. Therefore, consumers may now
July 1, 2024 2 mins read
The majority of the allegations in a class action lawsuit involving XRP were dismissed, giving Ripple a major win in a recent legal development. The judge’s ruling in the Northern District of California Court reduced the matter to a minor state lawsuit over purportedly deceptive statements. The question of whether
June 30, 2024 1 min read
Ethereum co-founder Vitalik Buterin, known for his outspokenness, recently voiced his displeasure with the present regulatory climate around cryptocurrencies and proposed a foolproof solution. In a response to a user on the Farcaster-based social media network Warpcast, Buterin laid out the present regulatory landscape and how it has effectively cornered
June 30, 2024 2 mins read