In a move aimed at demystifying the world of digital asset investment, BlackRock, the world’s largest asset manager, is transforming the way investors understand Bitcoin through their recently launched ETFs. As cryptocurrencies and digital assets continue to integrate into mainstream…
How Much Bitcoins Does BlackRock Hold?
In the realm of digital assets, the newly approved Spot Bitcoin ETFs have made a resounding impact. On its first day of trading, the combined trading volume of the 11 approved ETFs surpassed a staggering $4.5 billion, solidifying its status…
20% Yields and Regulatory Uncertainty: The Resurgent Interest in Stablecoins Amid Risks
In the tumultuous landscape of cryptocurrencies, the investment mechanism behind stablecoins is witnessing a resurgence. This approach, fraught with both allure and risk, aims to create a stablecoin pegged to the US dollar while offering yields comparable to traditional markets.…
BlackRock and Fidelity: Dominating the Rise of Bitcoin ETFs in Mainstream Finance
In an unprecedented move, the US has recently greenlit the trading of several Bitcoin exchange-traded funds (ETFs), marking a significant milestone in the integration of cryptocurrency into mainstream financial markets. Among these, BlackRock’s iShares Bitcoin Trust (IBIT) and the Fidelity…
Sui plans to help DeFi by enabling developers to create powerful products and user experience
DeepBook is a protocol that holds significant importance within the Sui DeFi ecosystem, introducing a new way of distributing liquidity across different applications. Its design, featuring a central limit order book, brings forth a noteworthy innovation by organizing bids and…
North Korean Cyber Attacks on Cryptocurrency Platforms Drop by 40% in 2023
In an unprecedented turn of events, 2023 witnessed a surge in the number of cyber attacks orchestrated by North Korean-linked groups against cryptocurrency platforms. Despite the increase in the frequency of these attacks, the total value of cryptocurrencies stolen marked…
Sei Unleashes Unprecedented Speed and Efficiency in Sei v2 Driving the Ecosystem to New Heights
Since its launch on the mainnet beta in August 2023, Sei has consistently stood out as the fastest chain in existence, with block finalization taking an astonishing 390ms. However, the Sei Labs engineering team has not rested on their laurels.…
Ethereum is killing itself by prioritizing “L2 scaling” – CyberCapital CEO
In the ever-evolving landscape of blockchain technology, Ethereum (ETH) has emerged as a leading force. However, Justin Bons argues that prioritizing Ethereum’s Layer 2 (L2) scaling solutions has hindered its progress in achieving sufficient Layer 1 (L1) scalability. This article…
US Government to Auction $130 Million in Bitcoin Seized from Silk Road in Landmark Legal Resolution
In a significant development, the United States government has announced its intention to sell approximately $130 million worth of Bitcoin (BTC) that was seized from the notorious Silk Road marketplace. This decision stems from a court-approved forfeiture of 69,000 BTC,…
Trump and Emmer Oppose CBDCs, A New Era in US Digital Currency Debate
In a remarkable convergence of political trajectories, House Majority Whip Tom Emmer and former President Donald Trump have vocalized a unified stance against the introduction of central bank digital currencies (CBDCs) in the United States. This alliance represents a significant…