Market
Crypto
Investor sentiment for Bitcoin ETFs cools as Fidelity sees first outflows
BlackRock see back-to-back zero flows as Fidelity’s FBTC records first outflow.
Crypto
Marathon Digital doubles hash rate target to 50 EH/s
Marathon Digital plans to double its Bitcoin mining power to 50 EH/s by year-end after acquiring new mining center.
Technology
Top Ethereum Layer-2 networks adopt Avail DA to boost rollup efficiency and security
Avail DA promises a more cheaper method for data storage compared to the Ethereum blockchain.
Investments
Bitcoin ETFs in the US drive higher crypto allocations among institutional investors
Institutional investors cite regulatory issues and votality as significant barriers to entry to the asset class.
Technology
Polkadot’s new StorageHub parachain targets improved data storage efficiency
StorageHub is a public goods parachain, optimized for file-based storage and larger data sets that are challenging to manage for conventional storage solutions.
Regulation
Europe tightens crypto regulations with new anti-money laundering laws
Europe's crypto ecosystem braces for impact as new stringent AML regulations signal tighter KYC norms and oversight.
Crypto
Morgan Stanley considers allowing brokers to recommend Bitcoin ETFs to clients
Market analysts predict that this move could rejuvenate interest in the Bitcoin ETFs.
Crypto
Vitalik Buterin addresses ZKasino’s misuse of ‘zero-knowledge’ in $33M scam
ZKasino has continued posting on social media platform X despite community criticisms.
Crypto
Renzo’s ezETH token depeg triggers liquidations across DeFi platforms
Market observers warned that Renzo's depegging gave insights into the risks associated with liquid restaking tokens.
Regulation
Nigeria denies freezing over 300 P2P accounts on more crypto exchanges amid forex concerns
Nigeria CBN circular warned that traders "buying and selling USDT illegally" would be arrested.
Legal
US DOJ seeks 36-month sentence and $50 million fine for ex-Binance CEO Changpeng Zhao
Zhao argued that he is a first-time offender and has cooperated acting in good faith regarding the matter.
Stablecoins
Tether commits to freezing addresses linked to sanctions as scrutiny over USDT misuse grows
Over the past year, Tether has froze a significant amount of its USDT stablecoin linked to illicit activities.