Cryptocurrency exchange Gemini has been appointed as the custodian for Evolve Funds' newly launched leveraged Bitcoin (LBIT) and Ethereum (LETH) exchange-traded funds (ETFs), which debuted on the Toronto Stock Exchange (TSX) on Tuesday. These ETFs offer retail investors modestly...
South Korean prosecutors have launched an investigation into cryptocurrency exchange Bithumb, reportedly raiding its headquarters over allegations that company funds were misused to support a former CEO’s apartment purchase. According to a report from local media outlet YTN, the...
Solaxy, a meme coin project offering Layer-2 scaling solutions for Ethereum and Solana, has raised over $26 million in its presale. This success indicates increasing interest in utility-driven meme coins and highlights the project's potential to tackle scalability challenges...
Decentralized finance (DeFi) oracle provider RedStone has dismissed circulating claims about a partnership with web3 acceleration platform Web3Port and market maker Whisper, calling them false and unauthorized. In an official statement, RedStone clarified that neither Web3Port nor Whisper had...
Coinbase has solidified its position as the largest node operator on the Ethereum network, controlling 11.42% of the total staked Ether (ETH), according to a recent performance report by the crypto exchange. As of March 3, Coinbase reported staking...
Marina Abramović, the renowned Serbian performance artist, has partnered with digital marketplace TAEX to launch an NFT project called Marina Abramović Element (MAE). This project, which follows her first web3 venture in 2021, will run from May to September...
Santiment contributor Brian has analyzed the impact of US interest rate hikes on the cryptocurrency market, noting traders' sensitivity to Federal Open Market Committee (FOMC) meetings. He highlighted that the Federal Reserve's aggressive tightening cycle in 2022, raising rates...
Bybit CEO Ben Zhou has revealed that hackers responsible for stealing around 500,000 ETH, valued at approximately 1.4 billion, increasingly rely on crypto mixers to obscure their tracks. Despite these efforts, about 88.87% of the stolen funds remain traceable,...
Gotbit founder Aleksei Andriunin has reached a plea agreement with U.S. prosecutors that could see him avoid significant prison time in exchange for forfeiting approximately $23 million in stablecoins. According to court documents, Andriunin has pleaded guilty to one...
Bakkt Holdings faces significant changes following the departure of two major clients, Bank of America and Webull. Their contracts are set to expire in April and June. Notably, Bank of America contributed 16% of Bakkt’s loyalty services revenue in...
