NYSE Arca Files Proposed Rule Change for Bitwise Ethereum ETF Listing

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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

Cyber L2 & SPACE ID Partnership Unveiled, Cyber Ecosystem Airdrop Announced

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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 Ceases Support for Bitcoin NFTs

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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

US Business Giants Bet Big on Generative AI Despite Data Security Concerns

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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 Faces Intensified Scrutiny in Nigeria Amid Accusations of Impacting Local Currency

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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

Memecoins Dominate Q1 2024 Crypto Market Returns, Followed by DeFi and DePIN

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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 and Global Central Banks to Explore Asset Tokenization in “Project Agora”

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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