Everything web3, crypto, defi, degen
In brief The SEC pushed back its deadline on staking in the BlackRock iShares Ethereum Trust to October 30, a 45-day delay. The regulator also delayed its decision on Franklin Templeton XRP and Solana funds by 60 days to November 14. In recent weeks, the agency has postponed decisions on rule change requests that would…
In brief Solana is up 4% on Wednesday and hit a seven-month high price of nearly $225. The asset might be primed for a year-end run, according to Bitwise CIO Matt Hougan. Hougan cited demand from pending spot ETFs and digital asset treasuries as potential catalysts. Solana is getting hot again—and may be primed for…
In brief Tokenized Pokémon cards are having a moment. Some developers think that the NFTs can serve as collateral in DeFi. Leading tokenized cards platform Courtyard isn’t exploring that, according to its CEO. A pseudonymous developer in Canada knows that his project’s target demographic cares little about crypto or decentralized finance. For the most part,…
In brief Bloomberg analyst Eric Balchunas calls Rex-Osprey DOJE the first US ETF to hold an asset with “no utility on purpose.” ETF filed under the Investment Company Act of 1940 instead of the Securities Act of 193, like other crypto ETF filings. Initial institutional adoption is initially, but market cap growth could attract attention,…
In brief The SEC set November 12 as the new deadline for Grayscale’s Hedera Trust. Grayscale submitted updates for its Bitcoin Cash and Litecoin trusts, with both structured to list on NYSE Arca. The delayed decision adds to a wave of over 90 crypto ETF applications, including Solana and XRP products now pending before the…
In brief Shares in digital advertising firm QMMM Holdings jumped nearly 1,750% after announcing a digital assets treasury plan. The firm anticipates starting with $100 million fund focused on Bitcoin, Ethereum, and Solana. It will also seek out investments with Web3 infrastructure projects and “high-quality cryptocurrency assets.” Shares in digital advertising firm QMMM Holdings (QMMM)…
In brief Derivatives exchange Cboe plans to introduce continuous Bitcoin and Ethereum futures for U.S. customers. If approved by regulators, the products will be available in November. Currently, U.S.-based traders have access to futures that expire. Derivatives exchange Cboe plans to introduce continuous Bitcoin and Ethereum futures for U.S. customers in November, pending regulatory approval,…
In brief Solana hit $219.50 and XRP rose above $3 as both cryptocurrencies outperform the broader market while Ethereum cools down. Prediction markets show 54% of users expect Solana to reach new all-time highs by year-end, with similar bullish sentiment for XRP hitting $4. Expected SEC approval of Solana and XRP ETFs in the U.S.…
Swathes of crypto users could be at risk of having their funds stolen following the discovery of compromised JavaScript code packages, Ledger CTO Charles Guillemet warned Monday.NPM is a prominent package manager for JavaScript, and Guillemet said on X that the entire programming language’s ecosystem could be vulnerable after a reputable developer’s account was compromised,…
In brief European crypto asset manager CoinShares has announced plans to go public in the U.S. on the Nasdaq. The deal sees CoinShares enter an agreement with Vine Hill Capital Investment Corp. A number of crypto firms have gone public this year or have signaled plans to do so. European digital asset fund manager CoinShares…
