ARK buys $21M of 3iQ Ether staking ETF, dumps $14.6M in Coinbase
Cathie Wood’s ARK has resumed active trading of crypto-related stocks like Coinbase, 3iQ Ether staking ETF, Robinhood and its own spot Bitcoin ETF. Go to Source
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Bahamas Enacts Digital Assets and Registered Exchanges Act
The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024 builds on the DARE Act, 2020, introducing significant reforms to address the evolving digital asset landscape. Christina Rolle, Executive Director of the Securities Commission, emphasized … Read more
How Liquid Restaking Tokens are revolutionizing DeFi
The total value locked in liquid restaking tokens rose over 8,300% since the beginning of 2024. Go to Source
Binance Labs invests in liquid staking platform aPriori
The deal comes amid a flurry of investment in aPriori’s native blockchain network, Monad. Go to Source
‘Golden Boys’ behind Compound ‘governance attack’ agree to rescind proposal
A member of the “Golden Boys” voting bloc, Humpy, appears to have accepted a new staking proposal while agreeing to rescind the controversial Proposal 289. Go to Source
Spot Ethereum ETFs are coming, but ETH derivatives markets are flat
Ether futures show little confidence in the chance of ETH breaking above $4,000 in the near term. Go to Source
Restaking: Revolutionizing Cryptocurrency Security With Added Rewards
Restaking is an innovative approach to enhancing cryptocurrency security by allowing users to use their assets to protect external services. By restaking your ETH, LST, or other tokens, you receive a new token called Liquid Restaking Token (LRT). This method not only bolsters security across various networks but also provides users with additional benefits. According … Read more
Rapid Growth In Re-Staking Ecosystem Led By Eigen Layer
The Re-Staking ecosystem is experiencing rapid growth, with Eigen Layer at the forefront. As of June 14, 2023, Eigen Layer boasts a total value locked (TVL) of $15.03 billion, dominating the market with 69% of its TVL in WETH. Its early launch and successful $150 million fundraising have solidified its market position. A newcomer to … Read more
Digital Chamber Urges SEC to End Attacks on Crypto Industry, Embrace Future of Finance
The Digital Chamber (TDC) has urged the U.S. Securities and Exchange Commission (SEC) to end its attacks on the crypto industry following its enforcement action against Consensys. The chamber argues the SEC’s actions are overreaching and detrimental to financial innovation and inclusion. Digital Chamber Criticizes SEC’s Action The Digital Chamber (TDC) has called on the … Read more
Ethereum futures markets suggest rally to $3.7K is highly unlikely
Analysts warn that a spot ETH ETH approval might not produce the bullish price outcome that many traders expect. Do futures markets agree? Go to Source
