On October 3rd, Wirex, a provider of cryptocurrency payment services, announced the release of a non-custodial cryptocurrency debit card service called W-Pay that is based on zero-knowledge proof (ZK-proof). Wirex is an integral part of both Visa and Mastercard, and it boasts a client base of over six million. Built
October 5, 2023 1 min read
With the approval of a framework for licensing crypto mining activities by the country’s crypto market regulator, crypto mining in Uzbekistan is about to undergo significant change. The National Agency for Perspective Projects (NAPP) in Uzbekistan has issued a rule requiring licensing for crypto mining operations. Thus restricting crypto mining
October 4, 2023 1 min read
The Volcano Energy initiative in El Salvador, in conjunction with Lava Pool and Luxor Technology, has built the country’s first local Bitcoin mining pool. Bitcoin-friendly El Salvador is planning to produce electricity from renewable sources to support future Bitcoin mining operations, and the country’s $1 billion renewable energy initiative grabbed
October 4, 2023 1 min read
Exchange-traded fund (ETF) provider Volatility Shares postponed the debut of their Ether futures ETF on October 2 due to market conditions. After being questioned whether there were still intentions to introduce an ETH futures ETF, company’s co-founder and president, Justin Young said, “Of course,” adding, “plans are TBD.” Futures contracts
October 3, 2023 1 min read
With the recent green light given to the first Ether futures ETF, Grayscale Investments is trying to transform its Grayscale Ethereum Trust into a spot Ether ETF. On October 2, the New York Stock Exchange Arca submitted a conversion application to the U.S. SEC. Previously, Grayscale’s trust had invested in
October 2, 2023 1 min read
Bitwise Asset Management has announced that it has amended its spot Bitcoin ETF application and that trading in two ETH futures ETFs will begin on October 2. Bitwise Ethereum Strategy ETF and Bitwise Bitcoin and Ether Equal Weight Strategy ETF will begin trading soon, the company said. Moreover, Bitwise has
October 2, 2023 1 min read
On September 29th, global asset management VanEck made an announcement on Twitter that it will contribute 10% of all profits from its planned Ether futures exchange-traded fund (ETF) to Ethereum core developers for a period of 10 years. The Protocol Guild, a community of more than 150 developers responsible for
October 1, 2023 1 min read
On Friday afternoon, Singapore authorities detained Su Zhu, a co-founder of the defunct cryptocurrency hedge firm Three Arrows Capital, at Changi Airport. According to Teneo, which is in charge of winding down the failed hedge firm, he was attempting to escape the country when he was arrested. Both Zhu and
September 29, 2023 1 min read
Bybit, the third-most visited cryptocurrency exchange globally, is collaborating with American University of Sharjah (AUS) to organize an inter-college hackathon that will enable students to build innovative AI and cryptocurrency models. This project, known as the “CryptoAI BUILDER Challenge,” marks an important turning point in the collaboration between AUS and Bybit, which aims
September 29, 2023 2 mins read
Coinbase International exchange has expanded its perpetual futures offerings to customers outside of the United States. This comes after the second quarter saw the platform’s notional volume reach over $5.5 billion. The vast majority of which came from institutional traders. According to a recent release, Coinbase International Exchange has been
September 28, 2023 2 mins read
