Ethereum co-founder Vitalik Buterin played a pivotal role in making the development of the Ethereum Naming Service possible. Nick Johnson wasn’t sure how much capital he would need to build Ethereum Name Service (ENS), but when he submitted figures to the Ethereum Foundation for a grant, Vitalik Buterin gave him double the amount he had...Continue Reading

Bitcoin mining company Bit Digital said that its venture into artificial intelligence had already produced $4 million of revenue in February 2024. Nasdaq-listed Bitcoin (BTC) mining firm Bit Digital has announced earnings of $44.9 million for 2023 — up 39% from 2022. Bit Digital said it earned 1,507.3 BTC in 2023, which represents a 21%...Continue Reading

An unknown entity sold over 400 Bitcoin in a short period of time on the BitMEX BTC-USDT spot market, BitMEX began investigating the situation internally. Cryptocurrency derivatives exchange BitMEX started investigating “unusual activity” after users reported a momentary fall in the Bitcoin (BTC) spot price on the platform. At around 1 am UTC, users on...Continue Reading

Japan’s Government Pension Investment Fund, the largest pension fund in the world, is willing to learn more about Bitcoin as a potential diversification tool. Japan’s Government Pension Investment Fund (GPIF), the largest pension fund in the world, is looking at Bitcoin (BTC) as a potential diversification tool. The GPIF officially announced on March 19 the...Continue Reading

Bitcoin bulls face an uphill struggle to stem selling amid worries that BTC price weakness will end up challenging levels below $60,000. Bitcoin (BTC) is hitting fresh intraweek lows on March 19 — where could BTC price action end up? This is the question for traders and analysts as downside momentum continues across crypto markets....Continue Reading

The developer behind the Slerf memecoin claims the snafu was due to a “mindless misclick,” but skeptics suggest the drama may have been a very daring marketing stunt. A $10 million snafu involving the Solana-based Slerf (SLERF) memecoin may have actually been a sophisticated marketing stunt — at least, according to some onlookers of the...Continue Reading

Galaxy’s asset management arm partially attributed the milestone to its spot Bitcoin ETF with Invesco, though inflows have been low. Crypto investment firm Galaxy Asset Management has exceeded $10 billion in assets under management for the first time, citing a surge of institutional interest in digital assets.  On March 19, Galaxy Digital CEO Mike Novogratz...Continue Reading

Crypto market depth has almost fully recovered and is back to its pre-FTX average reports crypto research firm Kaiko. A major decrease in market liquidity that persisted after the shutdown of FTX and Alameda Research in November 2022 has now recovered to pre-collapse levels, according to crypto research firm Kaiko. In a March 18 research...Continue Reading

Grayscale’s GBTC has just notched its largest day of outflows since its launch, though ETF analysts are optimistic that BTC ETFs are only just starting to gain momentum. More than $640 million worth of Bitcoin (BTC) flowed out of crypto asset manager Grayscale’s spot Bitcoin ETF on March 18, marking the largest day of outflows...Continue Reading

Some industry pundits say USDM has superior properties to USDT and USDC in that it can’t be frozen — but problems could arise if regulators demand action. Mehen Finance, the firm behind Cardano’s newest stablecoin USDM, is aiming for a public “retail rollout” of its fiat-backed stablecoin as early as next month. USDM officially launched...Continue Reading