Hong Kong’s Securities and Futures Commission (SFC) has conditionally approved new exchange-traded funds (ETFs) for Bitcoin (BTC) and Ethereum (ETH). These funds are managed by the Hong Kong branches of Harvest Fund Management, Bosera Asset Management, and China Asset Management (ChinaAMC). The SFC has not fully approved but instead issued “conditional authorization letters” to severalContinueContinue reading “Hong Kong Conditionally Approves Bitcoin and Ethereum ETFs”
Category Archives: News
Sui Handheld Gaming Device Announced by Playtron and Mysten Labs
Playtron and Mysten Labs, known for their innovative work on the Sui blockchain, recently introduced the SuiPlay0x1, a cutting-edge gaming handheld. This device marks a significant step in the Web3 gaming industry by merging traditional gaming experiences with the burgeoning field of blockchain technology. https://twitter.com/SuiNetwork/status/1777990298385219986 At its core, the SuiPlay0x1 operates on Playtron’s adaptable operatingContinueContinue reading “Sui Handheld Gaming Device Announced by Playtron and Mysten Labs”
Solana Network Faces Congestion Challenges Amidst Surge in Activity
In recent weeks, the Solana blockchain has encountered severe network congestion, resulting in a notable uptick in transaction failures. Reports indicate that approximately 70% of non-voting transactions on the network are currently unsuccessful. This issue stems from a variety of causes, notably including an increase in network demand driven by the proliferation of memecoins andContinueContinue reading “Solana Network Faces Congestion Challenges Amidst Surge in Activity”
Netflix to Showcase “NFT:WTF?” Documentary on the Rise of NFTs in Art and Entertainment
Netflix is set to distribute the documentary NFT:WTF? in the UK, a detailed exploration of how non-fungible tokens (NFTs) have reshaped the art world and the entertainment industry. Directed by the acclaimed filmmaker David Shulman, known for his BAFTA-winning work, the film promises an in-depth look into a phenomenon that has both intrigued and dividedContinueContinue reading “Netflix to Showcase “NFT:WTF?” Documentary on the Rise of NFTs in Art and Entertainment”
Decentralizing AI: SingularityNET, Fetch.ai, and Ocean Protocol to Forge a Unified AI Token
In a significant development within the decentralized AI and cryptocurrency sector, three leading AI-focused crypto projects – SingularityNET, Fetch.ai, and Ocean Protocol – are currently in discussions about a potential merger of their tokens into a unified digital currency known as ASI token. This move could mark a pivotal moment for the AI blockchain industry,ContinueContinue reading “Decentralizing AI: SingularityNET, Fetch.ai, and Ocean Protocol to Forge a Unified AI Token”
Ethereum at a Crossroads: SEC Scrutiny, ETF Deadlines, and BlackRock’s Tokenization Push
The U.S. Securities and Exchange Commission (SEC) has initiated an important legal effort aimed at classifying Ethereum, one of the leading cryptocurrencies, as a security. This move, which began around March 20, 2024, signals a potentially transformative period for both Ethereum and the broader digital currency landscape. Is Ethereum a Security? The SEC’s contemplation overContinueContinue reading “Ethereum at a Crossroads: SEC Scrutiny, ETF Deadlines, and BlackRock’s Tokenization Push”
Book of Meme (BOME) Hits $2 Billion Market Cap in Just Two Days
In a stunning display of market dynamism and investor enthusiasm, the BOOK OF MEME (BOME) token, crafted by the artist darkfarms on X, surged to a $2 billion market cap just two days following its launch. This achievement not only highlights the successful launch of BOME but also marks it as a pivotal player inContinueContinue reading “Book of Meme (BOME) Hits $2 Billion Market Cap in Just Two Days”
Magic Eden Launches Diamond Rewards Program for Ethereum OG’s
Magic Eden, a key player in the NFT marketplace, has rolled out an innovative rewards program aimed at enriching the NFT trading and collecting journey for its users across several blockchain networks. This ambitious initiative started with Solana on January 23, 2024, and made its way to Ethereum on March 13, 2024, highlighting Magic Eden’sContinueContinue reading “Magic Eden Launches Diamond Rewards Program for Ethereum OG’s”
Ethereum Dencun Upgrade Complete: A Leap Towards Affordability and Efficiency
The Ethereum blockchain has taken a monumental step forward with the successful implementation of the Dencun upgrade (aka EIP-4844) as of March 13th. This significant development marks a new era for Ethereum, focusing on reducing costs for layer-2 transactions and bolstering data availability. By introducing “proto-danksharding,” Ethereum aims to revolutionize the blockchain landscape by makingContinueContinue reading “Ethereum Dencun Upgrade Complete: A Leap Towards Affordability and Efficiency”
Eclipse Labs Garners $50 Million in Funding to Pioneer Ethereum’s Next-Gen Layer-2 Solution
Eclipse Labs, a forefront software firm in blockchain innovation, has achieved a groundbreaking milestone by securing $50 million in Series A funding. Co-led by Placeholder and Hack VC, this funding round brings the total capital raised by the company to $65 million. The funds are dedicated to advancing Eclipse, an Ethereum layer-2 solution designed toContinueContinue reading “Eclipse Labs Garners $50 Million in Funding to Pioneer Ethereum’s Next-Gen Layer-2 Solution”
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