In order to introduce their new investment product, the Grayscale Bitcoin Mini Trust, Grayscale Investments has officially filed with the U.S SEC. The present Grayscale Bitcoin Trust (GBTC) oversees assets worth around $28 billion; this change gives investors a cheaper fee structure. Grayscale Bitcoin Mini Trust is an investing product
At ETHDenver 2024, CESS (Cumulus Encrypted Storage System), a blockchain-based decentralized storage and content delivery infrastructure, showcased its innovations. They not only took the stage at the R3al World @ETHDenver, the leading event for DePIN builders and innovators, but also made their mark at the Polkadot Mini-Summit, engaging the audience
With its strategic alliance with the Dubai Police for its customized blockchain solutions, the Cardano Foundation is well on its way to becoming a Middle Eastern crime fighting front. The Dubai World Police Summit, which recently came to an end, was the venue for the Police to unveil a data
Zeebu, the Web3 Neobank tailor-made for the telecom carrier industry, announced processing over $1 billion in invoice settlement on its platform. The platform’s journey to this milestone has been marked by relentless innovation at the crossroads of blockchain technology and financial services, redefining the settlement processes in the telecom sector.
The cryptocurrency markets continued a surge over the weekend, with Bitcoin and Ethereum hovering just above key thresholds of $70,000 and $3,950, respectively. However, amidst this bullish trend, most of the altcoins were reaching new highs, and one such Gala Token (GALA) managed to steal the limelight. GALA displayed a
Toronto, Canada, March 8th, 2024, Chainwire Conflux Network, the only regulatory compliant public blockchain in China, today announces its pivotal role in assisting the successful beta-testing of the Hong Kong Dollar (HKD)-backed stablecoin, AxHKD. Built by local fintech company AnchorX, the stablecoin will be launched on Conflux Network initially, followed
Tokyo, Japan, March 7th, 2024, Chainwire In coordination with the launch of Astar zkEVM, a Layer 2 scaling solution for Ethereum powered by Polygon, Astar Network is proud to announce the start of “Yoki Origins”, a web3 adventure for everyone based on Japan’s rich culture and folklore, featuring leading Japanese
In the ever-evolving realm of cryptocurrency exchanges, KoinBay has carved its niche with a journey marked by significant milestones and achievements. From its inception to its current stature as a leading player in the digital asset space, KoinBay’s rise has been nothing short of remarkable. Today, we look into the
In Drumheller, Alberta, Canada, Bitcoin miner Hut 8 has decided to shut down operations owing to power outages and soaring energy prices. The notification made on March 6 states that the Drumheller mining plant, which accounts for only 1.4% of Hut 8’s Bitcoin (BTC) but uses around 11% of its
Bitstamp, a cryptocurrency exchange based in Europe, has received preliminary regulatory clearance from Singapore’s Monetary Authority (MAS). The exchange will soon be authorized to provide digital payment token services in the region thanks to the Major Payment Institution (MPI) license, according to an email release on Wednesday. Bitstamp boasts that
