The new entity is aimed at opening the doors for the Middle East’s institutional investors to crypto, staking, and AI. Private equity firms Deus X Capital and Bridgetower Capital are set to launch a new $250 million crypto infrastructure platform, bringing crypto staking, investing, and other digital asset services to institutional investors in the Middle...Continue Reading

BlackRock’s IBIT fund is leading the spot Bitcoin ETF pack as February 7 sees billion dollars in trading volume. Total daily trading volume for spot Bitcoin exchange-traded funds (ETFs) topped a billion dollars on Feb. 7, with BlackRock leading the pack. Bloomberg Intelligence analyst James Seyffart described it as a “big volume day” for BlackRock’s...Continue Reading

The proposed changes would bring ARK 21Shares’ spot Ether ETF application more in line with its recently approved spot Bitcoin ETF. ARK 21Shares has amended its spot Ethereum exchange-traded fund application to adopt a cash-creation model — similar to its approved spot Bitcoin (BTC) ETF — and has also floated plans to stake a portion...Continue Reading

The institutional digital asset trading platform unveiled in 2018 amid huge fanfare has just disclosed it “might not be able to continue as a going concern.” Crypto company Bakkt, backed by the Intercontinental Exchange (ICE) and launched in 2019 to a great deal of fanfare — has just warned it may not have enough cash...Continue Reading

Disney cut its metaverse division less than a year ago but is now looking like it’s teaming up with Epic Games to build one after all. Walt Disney Co. is acquiring a $1.5 billion equity stake in Epic Games to build what it’s calling a “persistent universe” — less than a year after shuttering its...Continue Reading

“We worked something out with the feds, and I think it’s OK,” Waters said of the stablecoin bill. United States lawmakers are reportedly closing in on passing a long-awaited stablecoin bill. “We’re working on stablecoin; we’re getting very close,” Representative Maxine Waters reportedly told Politico on Feb. 7. “We’re very, very close — very close,”...Continue Reading

Ethereum’s Dencun upgrade, which introduces “proto-danksharding,” was successfully deployed on the Holesky testnet on Feb. 7. Ethereum’s Dencun upgrade, introducing “proto-danksharding,” has successfully completed its final stage of testing via the Holesky testnet and is now awaiting a date for its mainnet deployment. Data shows the Dencun upgrade was forked on Holesky at about 11:35...Continue Reading

Cointelegraph Research dives into TRON’s emerging use cases and ecosystem in new research report. Among the myriad of blockchains introduced in the last decade, TRON has effectively catered to the rising demand for stablecoin products and services with its scalable and cost-efficient platform. This capability has garnered attention from leading stablecoin companies, including Tether and...Continue Reading

ENS executive director Khori Whittaker says ENS is going “heavy” on research and development for Layer 2s, adding that much of the conversation between developers is focused on Optimism. Ethereum Name Service is “heavily” focused on researching ways to build its protocol on Ethereum layer-2 networks and may even consider launching an in-house layer 2...Continue Reading