Following the U.S. SEC’s approval of spot Ethereum exchange-traded funds, VanEck has launched its Ethereum Strategy ETF. Investment management firm VanEck is set to begin trading of its Ethereum (ETH) Strategy ETF on Oct. 2, with the product now listed on its website under the ticker EFUT and set for trading on the Chicago Board...Continue Reading

Crypto asset manager Grayscale has filed an application with the U.S. SEC to convert its Ethereum Trust to a spot Ethereum ETF. Following the approval of the first Ether (ETH) futures exchange-traded fund (ETF), Grayscale Investments is looking to convert its Grayscale Ethereum Trust to a spot Ether exchange-traded fund (ETF).  The New York Stock...Continue Reading

Bitfarms, one of the largest Bitcoin miners in the world, believes that many of its best growth opportunities will arise from the upcoming BTC halving. The Canadian Bitcoin (BTC) mining firm Bitfarms has been actively scaling operations, significantly increasing the amount of mined BTC last month. Bitfarms mined a total of 411 BTC in September...Continue Reading

Ryan Wyatt deciphers the the possibilities for AI to help gamers and game developers achieve. The world embraced artificial Intelligence (AI), hoping to see it transform complex and day-to-day processes. While generative AI models won millions of users, discussions around the transformative potential of AI in all walks of life became mainstream.  Today, AI is...Continue Reading

The fund is a part of a wider VCC umbrella that brings various real-world assets to the blockchain. Leading Swiss bank UBS has launched a live pilot of a tokenized version of its variable capital company (VCC) fund as part of Project Guardian, an initiative led by Singapore’s central bank.  In a press release, UBS...Continue Reading

Two transactions showed lump sums of $50 million in USDT transferred from Bitfinex to the Tether treasury only a few minutes apart. Two 50 million Tether (USDT) transactions have been transferred from Bitfinex to the “Tether Treasury” address, according to transfer receipts from Whale Alert.  Both transactions took place on Oct. 2, 2023, two minutes...Continue Reading

Bitcoin preserves its snap October gains, but BTC price analysis reveals reasons for staying level-headed on the future. Bitcoin (BTC) aimed for $28,500 at the Oct. 2 Wall Street open as a bullish start to the month continued. BTC/USD 1-day chart. Source: TradingView Analyst wary of Bitcoin “upside wick” fakeout Data from Cointelegraph Markets Pro...Continue Reading

The matrix aims to identify potential risks associated with the crypto space and policy responses for regulators. A working paper published by the International Monetary Fund (IMF) proposed a count vulnerabilities and potential policy responses for the crypto sector.  On Sept. 29, the IMF published a working paper titled “Assessing Macrofinancial Risks from Crypto Assets.”...Continue Reading

The long awaited trial of former FTX CEO Sam Bankman-Fried gets underway on Oct. 4 – here’s what you need to know. Sam Bankman-Fried will face his first day in court over a litany of charges less than a year after the calamitous collapse of cryptocurrency exchange FTX. The former CEO of the bankrupt exchange...Continue Reading

Ross Ulbricht the founder of the first “modern darknet market” has reached the 10-year mark of his double life sentence in prison after having his laptop seized by the FBI in 2013. The founder of the former online black market Silk Road, Ross Ulbricht, marked 10 years behind bars after he was given a double...Continue Reading