NYSE Arca is proposing a change to the Bitwise Ethereum ETF’s listing and trading rules under Rule 8.201-E to allow exposure of ether value and ascertainment of net asset value. NYSE Arca, a self-regulatory organization, has submitted a rule change proposal to the Securities and Exchange Commission (SEC) for the listing and trading of Bitwise … Read more
CyberConnect has partnered with Space ID to improve interoperability, support Cyber L2 scalability, and provide an ecosystem airdrop for token players, enabling faster on-chain transactions. CyberConnect, a web3 social network, has revealed its latest partnership with Space ID, a universal name service network. The collaboration is built on the shared vision of creating a Universal … Read more
Binance NFT Suspends Bitcoin NFT Trades and Deposits, Advises Withdrawals by Deadline, and Provides Runestone NFT and Token Distribution Details. Binance NFT, the NFT marketplace offered by leading cryptocurrency exchange Binance, recently made an important update regarding Bitcoin NFT. In an official announcement, Binance NFT said it will end support for Bitcoin NFT transactions and … Read more
Almost all US companies with revenues above $1 billion are willing to invest in generative AI, looking at big returns on investment while weighing risks like data security and workforce readiness. The integration of generative AI into America’s corporate fabric is reaching a tipping point, with an astonishing 97% of US businesses boasting revenues over … Read more
Binance has come under increased scrutiny in Nigeria, with accusations that it contributed to the devaluation of the naira, sparking regulatory dialogue on the crypto exchange. Cryptocurrency exchange Binance is facing increased regulatory pressure in Nigeria as authorities escalated their charges against the global digital asset platform. In a recent turn of events, Binance was … Read more
Binance introduces Saga (SAGA) to the Launchpool, allowing users to stake BNB and FDUSD tokens, earn rewards and complete KYC verification during a four-day farming period. Binance, one of the leading cryptocurrency exchanges, recently introduced Saga (SAGA) to its Launchpool platform. Saga is an L1 to launch L1, and Binance is proud to be the … Read more
In the first quarter of 2024, crypto narratives experienced impressive returns, with memecoins leading the pack with an average return of 1312.6%, followed by RWA and AI. In the first quarter of 2024, memecoins emerged as the most profitable crypto narrative with an average return of 1312.6%. Among the top memecoins by market cap, new … Read more
BIS is collaborating with major central banks to explore the potential of asset tokenization to improve monetary system and cross-border efficiency. The Bank for International Settlements (BIS) has announced an initiative to collaborate with several central banks from various countries, including France, Japan, South Korea, Mexico, Switzerland, the United Kingdom and the US Federal Reserve … Read more
Paradigm is in talks to secure up to $850 million for a new fund, potentially marking the largest crypto-focused fundraising since May 2022. Paradigm, a leading crypto investment firm, is reportedly in advanced discussions to raise $850 million for a new fund. This development comes as a bold step and a strong signal of continued … Read more
Agora, backed by VanEck, announces the launch of AUSD, a USD-backed stablecoin, following a successful $12 million funding round led by Dragonfly. Agora, initiated by Nick van Eck, the offspring of Jan van Eck, CEO of the famous investment management firm VanEck, is ready to introduce a new stablecoin called AUSD. This digital dollar is … Read more