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WisdomTree, a prominent asset management firm, has withdrawn its S-1 registration filing for the WisdomTree Ethereum Trust. The firm declared in a filing with the US Securities and Exchange Commission. The S-1 filing was intended to pave the way for WisdomTree’s Ethereum Trust to be listed on the stock exchange.
After the arrest of Pavel Durov, CEO of Telegram in France, for allegedly failing to moderate the app and allowing the spread of illegal content, the platform modified the FAQ page on illegal content moderation. Telegram has altered its chat privacy policies stating that it cannot process requests for private
There have been increasing demands for Bitcoin prices below $50,000. As the market continues to see selling pressure on the cryptocurrency. Nevertheless, Bitcoin whales persist in amassing BTC with each price decline. The whales seem to be feeling confident in the days leading up to Friday’s publication of US employment
For much of 2024, nearly 98% of activity on the TRON network was attributed to stablecoins. However, since the release of Sun.pump on August 9, this has shifted dramatically. Sun.pump, a TRON-based platform allowing users to create community-centric memecoins, has triggered a surge in non-stablecoin activity. According to Crypto Quant,
Vitalik Buterin’s decision to donate his L2 tokens instead of investing further highlights a critical market trend. Layer 2 solutions, such as Optimism and Arbitrum, have gained popularity. They offer much-needed scalability for Ethereum by processing transactions off-chain. However, Buterin’s recent announcement suggests he believes the market is overly focused
Founder and former CEO of Binance, Changpeng Zhao is banned from Binance. The company has given him a lifetime suspension. Axiospro report states that he is forbidden to restrict him from returning to his leadership position at Binance. He is banned for life from the leadership under a deal with
A long-term MakerDAO holder has drawn attention after selling 251.5 MKR tokens, netting $408,000 worth of Ethereum. The transaction, executed seven hours ago at $1,624 per token, yielded a return of nearly 70 times the initial investment. They acquired 451.5 MKR tokens in 2017 at around $23 per token. 🚨
Analysts claim that since the “merge” to proof-of-stake on the Ethereum blockchain occurred about two years ago, Ether’s performance has lagged behind bitcoin’s by a margin of up to 44%. Almost two years have passed since Ethereum’s upgrade, The Merge, which transitioned to a proof-of-stake network, and next week will
Travala.com, a crypto-native travel platform, has announced an integration with the major global travel marketplace Skyscanner. The whole inventory of 2,200,000+ hotels from Travala.com, all of which can be booked using more than 100 cryptocurrencies, is now fully discoverable on Skyscanner’s platforms. As the first cryptocurrency-native platform to be linked with Skyscanner,
The recent hike in the petroleum price by 45% might continue to put pressure on the Central Bank of Nigeria to pause the interest rate hike meeting scheduled this month. The central bank has raised its interest rate by 15.25 percent since 2022, taking it to a record of 26.75%
