Category: Blockchain

More investment continues trickling in Ethereum 2.0, which has broken the record, as disclosed by Glassnode. The on-chain metrics provider explained: “Total value in the ETH 2.0 deposit contract just reached an ATH of $23,121,882,066.04.” ETH 2.0 went live in December 2020 and sought to transition the current proof-of-work (POW) framework to the

Long-term holders have emerged to be significant players in the Bitcoin ecosystem as their accumulation continues to scale the heights. Dilution-proof noted that their holdings recently hit a record high. The crypto analytic firm explained: “The total Bitcoin supply that is being held by long-term holders (coins that haven’t moved for at least ~5

Emerging report shows that VanEck global investment manager and ProShares investment firm have withdrawn their applications with the US Securities and Exchange Commission (SEC) for their proposed Ethereum Exchange-Traded Funds (ETFs). Both investment firms filed separate proposals for Ethereum futures ETFs with the market regulator on Wednesday August 18. However, both VanEck and ProShares sent

Wells Fargo investment bank has filed with the US Securities and Exchange Commission (SEC) for a private Bitcoin fund. According to seekingalpha.com media outlets, Wells Fargo has registered for a passive Bitcoin fund with the US regulator to provide its wealthiest clients with an indirect vehicle for investing in cryptocurrency.  However, the move contrasts with

ChangeNOW announces that the overall number of assets supported by the exchange exceeded 250 after listing 27 tokens this summer. Along with recently implemented NOW Loans and upcoming NOW Wallet release, it makes ChangeNOW position on the crypto exchange market stronger than ever. The newer additions are presented in sections below for the benefit of customers and

The growing strides of Decentralized Finance (DeFi), a fast-growing offshoot of blockchain technology, has yet gained a boost as Bloomberg and Galaxy Digital joins forces to launch the Bloomberg Galaxy DeFi Index (ticker: DEFI). Targets of the New Benchmark The Bloomberg Galaxy DeFi Index is a benchmark designed to measure the performance of the largest

Crypto sectors and retail investors face a tough time as the finical regulators in South Korea are about implementing harsher and stricter administrative measurements to supervise the crypto industry.  Starting from next month on Sep 25, local regulators will prohibit all the money withdrawing from cryptocurrency trading if investors fail to register their bank account

Cryptocurrency exchange Coinbase said it has committed $500 million in cash and cash equivalents, and 10% of its quarterly net income will be invested in a portfolio of crypto assets. The announcement was released on Friday, Coinbase said the firm will improve its investment policy and redouble its efforts to achieve the adoption and utility of cryptocurrencies. Alesia Haas,

British retail banking giant Lloyds Banking Group is seeking for hiring digital cryptocurrency experts. According to BYP Network recruitment information, Lloyd’s Banking Group aims to find qualified candidates for a “digital currency and innovation senior manager”, who should be familiar with financial technology services and the current market and have a specific in-depth understanding of