The staking aspect of Ethereum ETFs is important because it’s similar to dividends in equities, ETC Group’s Chanchal Samadder believes. The addition of staking into spot Ethereum (ETH) exchange-traded fund (ETF) applications is a crucial milestone, according to an executive at the European investment firm ETC Group. The Ethereum staking aspect is important in the...Continue Reading

AI and machine learning compute networks built on decentralized infrastructure could allow the onboarding of significant hardware resources worldwide. Booming interest in artificial intelligence (AI) and machine learning (ML) has led to a shortage of hardware resources and exorbitant cloud service costs, but decentralized infrastructure could challenge the dependence on centralized players. Harry Grieve, co-founder...Continue Reading

Avalanche, which started to dive into memecoins in December, has announced it will use a $100 million fund to buy Avalanche-based community tokens. The Avalanche Foundation — the organization behind the smart contract blockchain platform Avalanche — is doubling down on memecoins with a liquidity mining incentive program to drive momentum for community-owned coins within...Continue Reading

In its largest transaction, the HECO Chain exploiter sent 11,300 ETH worth roughly $39.5 million in one transfer. A crypto wallet address linked to the HECO Chain exploiter transferred and anonymized nearly 40,392 Ether (ETH) on the crypto-mixing protocol Tornado Cash in eight days. According to crypto investigator PeckShield, the HECO Chain exploiter made 19...Continue Reading

CryptoPunk #7804 sold for 4,850 ETH, worth about $16.4 million, taking the record for the second-largest CryptoPunk NFT sale. Blue-chip nonfungible token (NFT) collection CryptoPunks saw another record-breaking sale in March, as one more rare alien piece sold for roughly $16 million in Ether (ETH).  On March 20, CryptoPunk #7804 was purchased for 4,850 ETH,...Continue Reading

SatoshiLabs revealed that it suspects the compromise to be a sophisticated and premeditated phishing attack planned by hackers over several weeks. SatoshiLabs, the company that designs and markets Trezor crypto hardware wallets, has issued a detailed explanation of an incident that led to the posting of fraudulent presale token announcements on its official X account. The...Continue Reading

Cathie Wood’s ARK Invest continues taking profits from its Coinbase stash as the stock is hitting multi-year highs. ARK Invest — one of 10 issuers of a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States — is taking profits from its Coinbase stash amid the stock rising above $270. On March 21, ARK...Continue Reading

A new “unpatchable” vulnerability in Apple’s M-series of chips was discovered, potentially allowing hackers access to extract secret keys and encrypted data from Macs. New findings from academics revealed a severe vulnerability in Apple’s M-series chips, which could potentially enable malevolent actors the ability to access confidential encryption keys from MacBook devices.  The report — published on...Continue Reading

Pellegrino asserted that 3AC was financially unstable when proposing the arrangement to LayerZero and criticized Davies for misleading and taking advantage of associates and partners. LayerZero co-founder and CEO Bryan Pellegrino has accused Kyle Davies of Three Arrows Capital of trying to persuade LayerZero to transfer its entire treasury to the now-defunct crypto hedge fund...Continue Reading

A federal judge struck down Silvergate’s dismissal bid of a lawsuit claiming it aided fraud at FTX saying the allegations were adequate to proceed. Silvergate Bank must face a class-action lawsuit from FTX users who claim the now-defunct bank aided fraud at the exchange and its connected trading firm Alameda Research. In a March 20...Continue Reading