Wed, September 30

Bitwise Announces ETH Futures ETF Commencement on Oct 2

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

VanEck Allocates 10% of Ether ETF Profits to Ethereum Developers

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

USDC Expanding on Polygon Next Week Boosting Adoption

Polygon PoS, a prominent layer 2 scaling solution for Ethereum, is set to witness a significant shift as it prepares to launch native USDC by Circle, the issuer of USDC on October 10th. This marks a step towards reducing reliance on bridged USDC. The transition to native USDC comes with

September 29, 2023 2 mins read

Whale Activity Surges as Shiba Inu Eyes Next Price Move

In an unexpected development, the meme-inspired cryptocurrency Shiba Inu (SHIB) has seen a dramatic rise in large “whale” transactions in recent weeks. On September 22nd, the total volume of trades above $100,000 hit $38 million, matching an identical spike on September 11th. The number of these large transactions also surpassed

September 27, 2023 1 min read

Shiba Inu Hits Record Highs in Address Growth Amid Market Fluctuations

Shiba Inu, the dog-themed digital coin, is making waves with a historic milestone. The total number of Shiba Inu addresses has just soared to an unprecedented 3.6 million. This surge comes despite recent price dips, highlighting the resilient appeal of this canine-inspired token. According to data from IntoTheBlock, Shiba Inu

September 26, 2023 2 mins read

Binance Wallet Briefly Becomes Top ETH Gas Guzzler, Spending $859K in Fees

In an unusual event, a Binance wallet spent a massive $859,000 in Ethereum gas fees within an hour while consolidating funds, per crypto data firm Kaiko. On September 21st, a Binance-owned wallet rapidly became the top gas spender on Ethereum as it shifted ETH balances internally. From 9:30 AM to

September 26, 2023 2 mins read

Shiba Inu Team Teases With Shiba Hub’s Upcoming Features

In a recent development, Shiba Inu, the popular memecoin, has unveiled plans for an upgrade to its ecosystem—Shiba Hub, an upcoming application. The announcement was made by the project’s marketing strategist, Lucie, in X post just hours ago. Shiba Hub, described as a “gateway to something extraordinary,” promises to bring

September 26, 2023 2 mins read

Digital Yuan Wallets Now Accept Visa and Mastercard for Tourist

As China updates the smartphone app powering its CBDC trial, visitors to the People’s Republic of China may now preload their digital yuan wallets using Visa and Mastercard payment methods. The e-CNY app, currently under beta testing, may be downloaded from the Apple App Store or the Google Play Store

September 26, 2023 1 min read

The Islamic Coin Controversy: Scam or Innovation?

News and speculation on hacks and scams crucially ignite like wildfire in the crypto realm. At present, Islamic Coin, a Shariah-compliant project that secured one of the largest fundings of $400 million in June, faces intense scrutiny and accusations. Islamic Coin (ISLM) is the native cryptocurrency of HAQQ, a layer-1

September 25, 2023 4 mins read

Aptos (APT) Soars 11% Despite $3.4 Billion Upbit Security Breach

The leading altcoin, Aptos (APT), has experienced a bullish flip, surging by 11%, despite recent turmoil in the cryptocurrency market. This surge follows a major security breach on Upbit, South Korea’s largest crypto exchange, which had dire consequences for thousands of investors. Early Sunday morning, Upbit made a shocking discovery:

September 25, 2023 2 mins read