In recent months, there has been increasing excitement in the cryptocurrency market surrounding Bitcoin spot ETF applications. However, what many may not be aware of is the growing number of Ethereum futures ETF applications that are closely following in its footsteps. As of August 10, there are a total of 14 Ethereum futures ETF applications
Blockchain
The CEO of Binance, Changpeng Zhao (CZ), recently expressed concerns about the dangers posed by AI-enabled deepfake videos in the world of cryptocurrencies. He highlighted the risks associated with video verification, urging individuals to be cautious when receiving video messages from others. CZ’s warning came as a response to an AI-powered video post featuring Joshua
The crypto industry has long upheld the principles of financial privacy and anonymity online. These principles were central to Satoshi Nakamoto’s vision when unveiling the Bitcoin white paper. However, recent actions from regulators have begun to put pressure on these principles. In order to better navigate these regulatory actions, it is important to understand what
The latest data reveals that crypto hedge funds have failed to meet expectations in the first half of 2023. According to Switzerland-based investment adviser 21e6 Capital AG, these funds generated an average return of 15.2% during this period, significantly lower than the 83.3% return that could have been achieved by simply holding Bitcoin (BTC). This
In a significant legal victory for Tether and Bitfinex, Chief Judge Laura Taylor Swain of the U.S. District Court for the Southern District of New York dismissed a class action lawsuit brought against the stablecoin issuer. The lawsuit, filed by Matthew Anderson and Shawn Dolifka in 2021, alleged that Tether’s claims of its stablecoin, USDT,
In an unprecedented move, Ukrainian President Volodymyr Zelenskyy has announced “Game4Ukraine,” a charity soccer match that combines the real world with the metaverse. Set to take place on August 5 at Chelsea’s Stamford Bridge in London, this unique event aims to raise funds for the reconstruction of the Mykhailo-Kotsiubynsky Lyceum in Chernihiv Oblast, which was
The revival plans of FTX, a crypto exchange, have raised eyebrows among industry insiders. Jesse Powell, co-founder of Kraken, has expressed doubts about the feasibility of FTX 2.0’s aspirations. In a series of tweets, Powell pointed out various challenges that could hinder the resurrection of the defunct exchange. This article critically analyzes the concerns raised
Cryptocurrency exchange Binance has been making waves in the market, with CEO Changpeng “CZ” Zhao expressing his intention to introduce smaller algorithmic Stablecoins. This move aims to provide investors with alternatives to the existing global Stablecoin giants such as Tether and Binance USD. In a recent Twitter “Ask Me Anything” (AMA) session, CZ highlighted concerns
Bitcoin, the world’s leading cryptocurrency, has been subject to intense scrutiny and criticism due to its environmental impact. However, Presidential Candidate Robert F. Kennedy Jr. (RFK) Jr. defends Bitcoin against these criticisms, claiming that opponents are using environmental concerns as a pretext to limit financial freedom. RFK Jr. responded to Daniel Feldman’s Twitter thread on
In a recent report by The New York Times, it was revealed that US Republican Congressman George Santos had made efforts to set up a crypto-related investment deal with a donor during his election campaign in 2020. The scheme, however, ultimately failed as Santos was unsuccessful in his Congressional election bid. Santos and three of
