VanEck has released two TV commercials to promote its upcoming Ethereum Strategy ETF, tickered EFUT, which is expected to be listed on the Chicago Board Options Exchange and managed by Greg Krezner. Bloomberg ETF analysts Eric Balchunas and James Seyffart believe the ads could mean the ETF is launching sooner than expected, with Seyffart expecting […]
VanEck, a prominent investment manager, has revealed plans to launch an Ethereum Futures exchange-traded fund (ETF). This news comes shortly after the US Securities and Exchange Commission (SEC) announced its intention to fast-track the approval of some Ether futures ETF applications ahead of a potential US government shutdown. The ETF, named the VanEck Ethereum Strategy […]
An unnamed individual in China was fined 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of a remote work routine for a foreign employer. Chinese law prohibits the use of VPNs to bypass the country’s “Great Firewall” that blocks popular sites such as Google, Wikipedia, and […]
The World Federation of Exchanges (WFE) recently released a paper that discussed the potential for crypto-asset trading platforms (CTPs) to play a larger role in the “real” economy and society. The WFE suggested six principles for regulating CTPs, including segregating functions to avoid trading against customers. It also encouraged the integration of distributed ledger technology […]
Valkyrie Investments is set to become the first provider of a U.S.-based ETF that includes Ethereum futures, according to reports from FOX Business. The fund, listed as BTF, has been trading since late 2021 and will make the relevant change on Sept. 29. The fund will then hold 50% Ethereum futures and 50% Bitcoin futures […]
Radix, a decentralized ledger platform, has celebrated the successful completion of its long-anticipated Babylon Mainnet upgrade. This upgrade marks the end of the Olympia era and is seen as a game-changing moment for Web 3.0 and the wider DeFi space. The Babylon upgrade brings with it five new products, including the Radix Mobile Wallet, Radix […]
AlphaSense, a B2B artificial intelligence (AI) platform specializing in business intelligence and search, has successfully completed a $150 million Series E funding round. The round was led by BOND and joined by Google parent company Alphabet’s investment arm, CapitalG, as well as Goldman Sachs and Viking Global. This has increased AlphaSense’s valuation from $1.7 billion […]
Kraken, a crypto exchange giant, is making bold strides into the stock trading arena. The venture will be spearheaded by a newly-formed entity, Kraken Securities, which is set to facilitate trade in stocks listed in both the United States and the United Kingdom. The exchange has secured necessary approvals for UK stock offerings and is […]
Supra is building an interoperability infrastructure to provide Web3 capabilities that traditional blockchain designs lack. It enables a shared security paradigm across a variety of oracle services, including securing external data on-chain, cross-chain consensus via their bridgeless HyperNova, automation, VRF, and more. It is positioned to set the gold standard as Web3’s first intralayer solution, […]
IOTA has unveiled ShimmerEVM, a groundbreaking update that bridges the gap between Ethereum applications and the IOTA network. This integration allows assets to be transferred between EVM (Ethereum Virtual Machine) chains and the Shimmer network without the need for bridges, which have proven to be vulnerable in the past. The native token SMR ensures smooth […]
