TLDR Spot Ethereum ETFs experienced net outflows of $113-133 million on their second day of trading. Grayscale’s Ethereum Trust (ETHE) saw significant outflows of $326.9 million on the second day. Most new Ethereum ETFs posted […]
Republican senator Roger Marshall has become the first senator to walk from a controversial crypto bill he initially co-sponsored. Marshall pulled his support for the Digital Asset Anti-Money Laundering Act of 2023 on Tuesday, legislation […]
Crypto-friendly fintech platform Revolut has secured a banking license in the UK. The digital bank has 9 million UK customers and 45 million globally. After a three-year wait, crypto-friendly fintech firm Revolut has finally secured […]
CB Payments Limited (CBPL) a subsidiary the Coinbase Group fined $4.5 million by FCA for onboarding high-risk customers. Breaches occurred despite a 2020 agreement to halt onboarding high-risk customers. This is FCA’s first action under […]
Coinbase’s layer 2 chain, Base, begins the journey to Stage 1 Decentralisation by deploying fault proofs on the Base Sepolia testnet. The Base network is centralised as only the operator can propose the network’s state […]
US SEC approves Ethereum ETFs after years regulatory process. Grayscale has launched two spot Ether ETFs on NYSE Arca after the SEC’s approval. The SEC has also approved VanEck Ethereum ETF. In a landmark decision […]
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The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments. Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purposes […]
TLDR Grayscale transferred $1 billion worth of Ethereum to Coinbase Prime ahead of Ethereum ETF trading debut. The first spot Ethereum ETFs in the US are set to begin trading on July 23, 2024. Multiple […]
Tesla CEO Elon Musk praised the advances in artificial intelligence the automotive company is making during the company’s second-quarter earnings call on Tuesday. During the hour-long call, Musk said Tesla engineers have put the company […]
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