On April 16, 2024, the Drift Foundation, which backs Solana-based decentralized exchange (dex) platform Drift, revealed plans to distribute 100 million tokens to its users. The tokens will act as the governance coin of the platform, which will be...
The round was led by Braven Howard Digital and Electric Capital, with investments from Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Fidelity, Mechanism, Lightspeed Faction, Consensys, Animoca and GSR, the company said in a press release.
Ethereum price is facing several hurdles near $3,200. ETH may accelerate bearish momentum if the price remains below $3,200 and $3,280. Ethereum is struggling to recover above the $3,200 resistance zone. The price is under $3,200 and has a...
Popular OnChain analyst Willy Wu predicts that the price of Bitcoin will rise to $650,000 at the peak of the bull market. His predictions rely on spot bitcoin exchange-traded fund (ETF) investors deploying their assets entirely based on asset...
“Receiving a CASP license from FSCA is an incredible achievement for VALR,” said Farzam Ehsani, co-founder and CEO of VALR, in a press statement. “We welcome this regulatory milestone for South Africa and commend the regulator for taking this...
The Hong Kong Securities and Futures Commission (SFC) has officially approved several spot bitcoin and ethereum exchange-traded funds (ETFs), a decision that marks a significant development in the region’s growing crypto market. These approvals have been given to leading...
JPMorgan has warned of a slowdown in crypto markets, citing reduced crypto venture capital flows. Analysts at the global investment bank also remain cautious about the US Securities and Exchange Commission (SEC) greenlighting spot ethereum exchange-traded funds (ETFs) in...
The latest in blockchain tech upgrades, funding announcements and deals. For the period 11-17 April.
There is no denying that the launch of Spot Bitcoin ETFs has boosted the price of Bitcoin and other cryptocurrencies tremendously. This ETF has now unlocked institutional demand in the world’s largest crypto asset to change dynamics ahead of...
A former security engineer who stole more than $12 million worth of digital assets from two decentralized exchanges has been sentenced to three years in prison. In what has been characterized as the “first-ever” conviction for a smart contract...