Tue, February 24

Aventus Showcases Polkadot’s Aviation Impact with Supply Chain Solution

According to research done by Aventus & Airport Perishables Handling (APH) at Heathrow Airport, airlines may save 7% overall on their cargo handling operations by using Web3-based solutions. Since the 1990s, the global ULD management tool set has not changed, and it mainly depends on manual data inputs. This presents

August 7, 2024 3 mins read

Bitcoin Accumulation Surges as Hodlers Add $23 Billion in 30 Days

In a striking display of confidence, Bitcoin holders, often referred to as “hodlers,” have significantly increased their positions over the past month. Data from on-chain analytics platforms reveals that these long-term investors have collectively added substantial Bitcoins. Approximately $23 billion worth of BTC have been added to their holdings in

August 7, 2024 2 mins read

BlackRock and Nasdaq File for Options Trading on Spot Ethereum ETF

BlackRock and Nasdaq have filed with the SEC to add options trading to the iShares Ethereum Trust (ETHA). Final SEC approval is anticipated by April 9, 2025, with pending approvals from the OCC and CFTC. This move, disclosed in a regulatory filing, aims to enhance market dynamics and provide investors

August 7, 2024 2 mins read

Bybit Hits Record-Breaking 107 Billion Daily Trading Volume

Bybit, the world’s second-largest cryptocurrency exchange by trading volume,  today announced an unprecedented milestone, achieving an all-time high daily trading volume of over 107 billion earlier this week. This remarkable figure represents a staggering four times increase compared to Bybit’s daily average trading volume of 25 billion, solidifying its position

August 7, 2024 2 mins read

Grayscale Ethereum ETF Outflows Near $2.3 Billion

While the global crypto market turned to recovery, Ethereum exchange-traded funds (ETFs) in the United States displayed notable activity. On Wednesday, BlackRock’s fund saw a significant net inflow of around $110 million, contributing to a positive trend for Ethereum ETFs. For two consecutive days, U.S.-based spot Ether ETFs have recorded

August 7, 2024 2 mins read

Jump Trading’s Massive ETH Liquidation Sparks Market Turbulence

Jump Trading, a prominent crypto trading firm, has made headlines again by cashing out $116.7 million worth of Ethereum (ETH) just 11 hours ago. This move follows a significant sell-off that began on July 24, during which the firm withdrew $611.78 million USDC from Binance and deposited $558.2 million USDC

August 7, 2024 2 mins read

Ethereum (ETH) Staking Hits Record High Amid Recent Market Decline

The percentage of supply staked ETH hit a record high of 27.95%. This follows a little decline two weeks earlier, on July 21, when it fell from 27.58% to 26.82%—a decline of 0.76%. Not only has it recovered since then, but it has also exceeded its prior records. Significantly, there

August 7, 2024 1 min read

Metaplanet Eyes More Bitcoin Acquisition Via Stock Rights Offering

The Japanese investment firm Metaplanet has announced its intention to acquire Bitcoin via a massive stock rights offering valued at $68 million. Following a recent meeting of the Board of Directors, the firm revealed this strategic plan. Which is a big change as it tries to get into the digital

August 6, 2024 2 mins read

Ronin Network Loses $9.8 Million in ETH, Pauses Bridge

Ronin Network has experienced a significant security breach, resulting in the loss of nearly $9.8 million worth of Ethereum (ETH). This incident highlights the growing concerns surrounding crypto security, particularly amidst the recent wave of hacking activities. On August 6, 2024, Ronin Network, which underpins the popular play-to-earn game Axie

August 6, 2024 1 min read

India Demands $86 Million from Binance for GST Non-Compliance

India’s Directorate General of Goods and Services Tax Intelligence (DGGI) has issued a show cause notice to Binance, one of the world’s largest cryptocurrency exchanges. The notice demands a payment of ₹722 crore ($86 million) in Goods and Services Tax (GST), marking a pivotal move in the regulation of the

August 6, 2024 2 mins read
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