Thu, October 8

Ferrari Broadens Crypto Payment Initiative to European Market

Ferrari is extending its cryptocurrency payment options to its European dealer network this month, following a successful U.S. launch. The luxury sports car manufacturer will broaden this initiative to other international markets where cryptocurrencies are legally accepted, according to a Reuters report. The Italian automaker initially introduced crypto payments in

July 24, 2024 2 mins read

Vitalik Buterin Unveils Circle STARKs to Enhance Blockchain Efficiency

Vitalik Buterin, co-founder of Ethereum, has unveiled Circle STARKs, a new cryptographic protocol that aims to enhance the efficiency and security of blockchain. Buterin describes this technical advancement in his most recent post, explaining that it makes use of smaller fields like Mersenne31 to greatly increase the proving speed without

July 23, 2024 2 mins read

Grayscale’s Massive $1B ETH Move Stirs Speculation Amid Spot ETF Launch

US spot Ethereum ETFs received approval from the SEC on Monday after leading issuers filed 424(b) forms. Grayscale issuing two of the nine spot ETFs was observed transferring ETH tokens worth $1.01 billion from its Coinbase Prime deposit onto the platform’s Hot Wallet 8 hours ago. This has led to

July 23, 2024 2 mins read

Multiple Spot Ethereum ETFs Approved by NYSE Arca, Awaits SEC Nod

Two Ethereum ETFs, one from Grayscale and one from Bitwise, will be listed and traded on the New York Stock Exchange Arca (NYSE Arca). This approval was formally announced by the exchange. In accordance with SEC filings, NYSE Arca has authorized the registration and listing of Spot Ethereum ETFs. These

July 22, 2024 2 mins read

Toncoin Surges with 5360% YoY Increase in Daily Active Addresses

Recently, Toncoin—the native token of the TON (The Open Network) made a huge leap forward. The statistics revealed by ‘The Block Pro’ today indicates that the number of daily active addresses on the network increased by an astounding 5360% year-over-year this month. In addition, analytics, gaming (P2E), and investments are

July 22, 2024 1 min read

Crypto Investment Products Witnesses $1.35B Inflows Amid Positive Sentiment

According to the most recent data from CoinShares, global crypto investment products at asset managers saw net inflows of $1.35 billion last week, marking the third consecutive week of positive activity. As optimistic sentiment persists, the run increases the total net inflows since July 1st to $3.2 billion, according to

July 22, 2024 1 min read

Hong Kong Hits New Milestone with Bitcoin Inverse ETF Launch

Chinese capital Hong Kong announced the launch of a new ETF product on Monday. After its recent launch of spot Bitcoin and Ethereum ETFs, Hong Kong recently announced the launch of an inverse Bitcoin ETF. The capital, in the past few months, has been focusing on developing its cryptocurrency sector

July 22, 2024 2 mins read

Metaplanet Completes Its 1B Yen Bitcoin Mission With Recent Buy

Japanese investment firm Metaplanet purchased an additional 20.381 BTC, worth 200 million yen (approximately $1.4 million) on Monday. With this recent purchase, the firm has achieved the goal of purchasing 1 billion yen worth of Bitcoin (BTC).  The company acquired Bitcoin at an average price of 9,813,061 yen per BTC.

July 22, 2024 2 mins read

Aave V3 Deployment on Aptos Mainnet Approved by Aave Community

Deploying Aave V3 on the Aptos Mainnet has received unanimous approval from the Aave community. This decision was taken after a community vote that ended on July 19, 2024. It is the first time the tokens will be used in a blockchain ecosystem that is not Ethereum Virtual Machine (EVM).

July 21, 2024 2 mins read

Ethereum’s Vitalik Buterin Highlights Decentralization Differences with Bitcoin

Vitalik Buterin, co-founder of Ethereum, has distinguished Ethereum’s decentralization to that of Bitcoin and other networks in great detail. As experts see models moving away from the heart of blockchains, the centralization of mining and staking has remained a controversial topic. While discussing the mainnet and layer 2 solutions, Buterin

July 20, 2024 1 min read