Month: May 2024
Fidelity’s Spot Ether ETF is Listed on DTCC
Reading time: < 1 minute The Depository Trust and Clearing Corporation (DTCC) has added Fidelity Investments’ US spot Ethereum exchange-traded fund, named Fidelity Ethereum FD Beneficial INT, to its list of ETFs.
Nym CEO: Tornado Cash Sentence is Unfair
Reading time: < 1 minute Harry Halpin, CEO of Nym, a project geared towards privacy protection, recently shared his thoughts on the punishment given to Tornado Cash developer Alexey Pertsev.
Bitfinex: Upcoming EU Parliamentary Elections Could Impact Crypto Industry
Reading time: < 1 minute According to Bitfinex’s Head of Derivatives, Jag Kooner, the upcoming European Union Parliamentary Elections could shed light on how the crypto industry will be regulated in that particular market.
BlackRock Files Amended Ethereum ETF Application
Reading time: < 1 minute BlackRock has submitted a modified S-1 form for their proposed exchange-traded fund (ETF) for Ether (ETH) to be traded in the US market.
US Treasury Releases Report on NFTs Risks
Reading time: < 1 minute The US Treasury Department has released its first assessment of the risks associated with non-fungible tokens (NFTs), stating that they are susceptible to fraud and scams.
Mastercard Launches its Crypto Credentials Peer-to-peer Pilot Program
Reading time: < 1 minute Mastercard has launched a pilot program called “crypto credentials,” which aims to simplify crypto transactions and reduce user errors for customers.
ENS Plans to Expand to L2 Network
Reading time: < 1 minute ENS Labs, the company behind the Ethereum Name Service, recently announced the extension of the service to second-layer protocols with their next update.
HTX’s Trading Volume Overtakes Coinbase’s
Reading time: < 1 minute HTX, the cryptocurrency trading platform formerly known as Huobi, has outperformed Coinbase, a US-based exchange, in terms of spot trading volumes.
Crypto Miners Spent $2.7B in Electricity in US in 2024
Reading time: < 1 minute In the first few months of 2024, Bitcoin miners in the United States used a staggering 20,822.62 GWh of electricity, equating to a cost of $2.7 billion, according to Paul Hoffman from Best Brokers.
Argentina’s Regulator Holds Bitcoin Discussions with El Salvador’s Authorities
Reading time: < 1 minute The National Securities Commission (CNV) of Argentina discussed the regulation and adoption of the first cryptocurrency with officials from El Salvador’s National Commission for Digital Assets (CNAD).