Author: Nichols Russell

Cboe is planning on listing five ether exchange-traded funds (ETFs) on July 23 It will begin trading spot ETFs from the 21Shares Core Ethereum ETF, Fidelity Ethereum Fund, Franklin Ethereum ETF, Invesco Galaxy Ethereum ETF, and VanEck Ethereum ETF Bitwise’s CIO Matt Hougan believes Ethereum ETFs could see around $15bn in net flows in their first 18 months on the market The Chicago Board Options Exchange (Cboe) intends to list five ether exchange-traded funds (ETFs) on July 23, “pending regulatory effectiveness,” Cboe announced. The five spot ether ETFs expected to begin trading are the 21Shares Core Ethereum ETF, Fidelity Ethereum…

Prominent asset manager Grayscale Investments is set to launch spinoffs of their Grayscale Ethereum Trust’s (ETHE) and Grayscale Bitcoin Trust (GBTC) exchange-traded funds (ETF). Following inquiries by market spectators and potential investors, Bloomberg analyst James Seyffart has provided much insight into the nature and operation of these spinoffs. Grayscale ETF Spinoff Based On 90-10% Sharing Format, Seyffart Says On Friday, James Seyffart published a thread on social media platform X, discussing vital information about Grayscale’s ETF spin-offs Grayscale Ethereum Mini Trust (ETH) and Grayscale Bitcoin Mini Trust (BTC), which are based on the company’s ETHE and GBTC’s funds respectively. Related…

Amid the growing market anxiety, a ray of hope emerged for cryptocurrency investors relying on Fetch.ai (FET). A renowned crypto expert predicts that after a dramatic 28% drop over the past month, the coin is set to have a huge comeback. Related Reading Fetch.ai Shows Resilience Although unpredictability has haunted the crypto space, Fetch.ai has surprisingly survived the storm. The value of the token has plunged, but it has steadily recovered and lately climbed by almost 6%. Fetch.ai’s resilience has attracted the attention of market watchers who are now closely monitoring its development. Given the extreme instability of modern markets,…

The cryptocurrency market has gone through a considerable rollercoaster in the past seven days, with the price action being as volatile as it can get. At the time of this writing, the total capitalization settled at around $2.5 trillion, up 3.5% during that period. Bitcoin wasted no time and, on July 7th, pushed above $58K for the first time this week. The bears intercepted the move immediately and, on the following day, pushed it back below $55K, where buyers found a quick recovery only to bring it all the way back to $58K again… on the same day. The entire…

Chainlink launches Data Streams on Avalanche to enhance real-time data access. Data Streams introduces pull-based oracles for low-latency data retrieval. The new product adds to the expanding range of Chainlink’s product offerings. Chainlink has introduced an innovative product dubbed Data Streams on the Avalanche Network in partnership with GMX, a perpetual futures trading platform. This new product aims to revolutionize data handling for decentralized applications like GMX. By leveraging Chainlink’s cutting-edge Data Streams, GMX will provide real-time, high-frequency market data essential for its decentralized futures exchange. Chainlink’s Data Streams introduces a “pull-based” model Chainlink’s Data Streams diverge from its traditional…

Bybit, the world’s second-largest web3 platform by trading volume, today announced the integration of three chains – SUI, ZKLink, and Scroll – into its web3 ecosystem. This integration empowers Bybit users to seamlessly switch between these chains within their Bybit Wallet extension, unlocking a wider range of DeFi applications and services. Key highlights: Supported Seed Phrase Wallets: Bybit Wallet remains compatible with popular seed phrase wallets, ensuring a familiar and convenient experience for users transitioning to these new chains. Seamless Integration with Bybit Wallet Extension: The new chain integrations are now available on the Bybit Wallet Extension, allowing users to…

Artificial intelligence (AI) has undeniably transformed various industries, but one of its most exciting frontiers lies in gaming. As AI technology continues to evolve, its integration with blockchain presents unprecedented opportunities, particularly through innovative projects like Itheum and Data Protocol. This article delves into how these cutting-edge technologies are set to reshape the gaming landscape, offering insights into their impact and future potential. The Rise of AI in Gaming AI has seen explosive growth since 2022, with Statista projecting the industry to approach $740 billion by 2030. This surge is driven by AI’s versatile applications, from automating tasks and enhancing…

[PRESS RELEASE – PARIS, France, July 2nd, 2024] Athena Ins is transforming the decentralized insurance landscape with its advanced protocol, providing users with the means to insure against decentralized finance (DeFi) risks. This innovative platform allows individuals to subscribe to insurance coverage protecting their DeFi investments from various threats, including hacking, smart contract vulnerabilities, and stablecoin instability. Unlike traditional insurers, Athena Ins operates through smart contracts, eliminating the need for centralized intermediaries and ensuring transparency and decentralization. Users can easily secure their deposits on DeFi protocols and receive compensation in the event of a covered incident, marking a significant advancement…

Amidst increased network activity and the price rally of its native token, TON, The Open Network ecosystem is seeing a surge in phishing attacks. Unassuming users’ TON wallets are being lured through airdrops and other deceptive methods by attackers. Telegram Users With Anonymous Numbers At Risk Yu Xian – the founder of blockchain security firm SlowMist – issued a warning about these malicious activities primarily propagating through group chats, where attackers are reportedly employing deceptive tactics such as fake airdrops to compromise users’ TON wallets, and steal assets, including NFTs. Anonymous Telegram numbers, which are similar to phone numbers, are…

The largest United States cryptocurrency exchange, Coinbase, has filed lawsuits against the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) for failing to comply with information requests in closed crypto cases. According to filings at the United States District Court for the District of Columbia, Coinbase seeks to compel the SEC and FDIC to comply with the Freedom of Information Act (FOIA) to respond to information requests from industry participants. Coinbase Sues SEC and FDIC Coinbase argues that the SEC has taken a new position, claiming sweeping authority over the growing crypto sector. While the SEC’s…