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Bitwise’s Matt Hougan said he has “extraordinary confidence” in the Ethereum ecosystem, hinting that a “great product” would be able to capture a slice of the action.

Bitwise CIO ‘excited’ for a product that gives exposure to Ethereum DeFi

Cryptocurrency asset management firm Bitwise has hinted interest in offering an exchange-traded product (ETP) covering Ethereum’s ecosystem of layer-2 (L2) networks and applications, accor...

5 months ago

TA558 LAUNCHES PHISHING CAMPAIGN AGAINST LATIN AMERICA-BASED COMPANIES

Massive Phishing Campaign Strikes Latin America: Venom RAT Targeting Multiple Sectors

The threat actor known as TA558 has been attributed to a new massive phishing campaign that targets a wide range of sectors in Latin America with the goal of deploying...

5 months ago

SINGAPORE EXPANDS CRYPTO REGULATIONS

Singapore expands crypto rules, now covers custody and payments

Singapore has broadened the scope of its digital asset regulations to encompass the custody of tokens and a wider range of firms involved in fund transfers, as part of the city-state’s ong...

5 months ago

Web3 Gaming is Growing

Andreessen Horowitz (a16z) Allocates $30M Funding for Gaming Startups

Silicon Valley-based venture capital firm Andreessen Horowitz (a16z) founded by Marc Andreessen and Ben Horowitz is investing $30 million in gaming startups in the next 45 days. Andrew...

5 months ago

Leverage traders are nursing losses of over $165 million, as the price of Bitcoin tumbled 5%.

Bitcoin 5% flash crash leads to $165M in leveraged crypto liquidations

A sudden 5% drawdown in the price of Bitcoin BTC $66,162 on Tuesday has seen traders with leveraged exposure to Bitcoin and other cryptocurrencies rack up over $165 million in losses i...

5 months ago

A growing number of charities and nonprofits are embracing cryptocurrency.

Crypto is ‘too big to ignore’ for the charitable sector

Cryptocurrency adoption in the charity space is growing quickly, with 56% of the top 100 charities in the United States now accepting crypto donations as of January 2024, according to the 2...

5 months ago

Blockchain and crypto have a place in a partnered remittance ecosystem in Latin America, the financial services giant found.

Mastercard sees partnerships as key to blockchain remittances in Latam

Mastercard has released a white paper on remittances in Latin America. Remittance rates are growing faster than the global average in the region, and mobile phone and internet penetration will f...

5 months ago

Andy Main, Bakkt’s incoming president, said the company’s strengthened balance sheet erases previous doubts about its ability to continue.

Bakkt declares $780M full-year revenue in 2023 earnings report

Crypto custody and trading company Bakkt has published its quarterly report, recording a full-year total revenue of $780.1 million for 2023. Bakkt said that in the fourth quarter of 20...

5 months ago

The firm attributed the change in fortune to the changing market conditions from bearish to bullish, with AUM nearly doubling in the first two months of 2024.

Galaxy Digital reports $296M net income in 2023 after $1B loss in 2022

Digital asset management firm Galaxy Digital has

5 months ago

The U.S. Securities and Exchange Commission (SEC) has asked a New York judge to impose a nearly $2 billion fine against Ripple Labs, according to court filings.