Ether shoots up 3.5% as CBOE, 21Shares seek to add ETH staking to ETF
Ether’s price briefly spiked 3.5% on the news that asset manager 21Shares plans to add staking to its spot Ether ETF.
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Brazilian Senate announces incoming approval of the ‘Bitcoin law’
The law will allow the President of Brazil to designate or create a regulatory agency to oversee the crypto market. 1296 Total views 6 Total shares The bill regulating the cryptocurrency market in Brazil is expected to be approved by the National Congress in the first half of this year, according to Cointelegraph Brazil.The legislation,…

South Korean Giant Hanwha Invests $3M in Crypto Disclosure Startup
Xangle, a crypto disclosure platform by CrossAngle, closes a $3.3 million round from South Korea’s conglomerate Hanwha Group. 1421 Total views 21 Total shares Major South Korean conglomerate Hanwha Group is cementing its involvement in the cryptocurrency industry with a new investment.Hanwha Investment & Securities, a securities brokerage subsidiary of Hanwha Group, has participated in…

Not Like Before: Digital Currencies Debut Amid COVID-19
Famed currency speculator George Soros, who in 1992 broke the Bank of England to emerge a billionaire overnight by forcing the pound out of the European Exchange Rate Mechanism, believes:“We will not go back to where we were when the pandemic started. That is pretty certain. But that is the only thing that is certain.…

Bitcoin should be treated as a commodity, like gold: Cantor Fitzgerald CEO
Cantor Fitzgerald CEO Howard Lutnick advocates for Bitcoin to be classified as a commodity, citing its similarities to gold and oil.

EU Lawmakers Want to Create a New Regulator for Crypto ‘Blind Spots’
The European Parliament has published a study identifying a number of legislative blind spots pertaining to crypto asset oversight in the European Union.The report identifies stablecoins, token-based fundraising, and the threat of money laundering through crypto mining among recent industry developments necessitating a regulatory response.Crypto mining identified as money laundering riskThe report asserts that cryptocurrency…

Bitcoin miner Marathon mines invalid block in failed ‘experiment’
Marathon said the bug emanated from its experimental mining pool used to research ways to optimize operations. 465 Total views 3 Total shares Bitcoin mining firm Marathon Digital has confirmed it mined an invalid Bitcoin (BTC) block during an “experiment” aimed at optimizing the firm’s operations.In a Sept. 27 post, Marathon said it utilizes a small

DeFi Platform Celsius Hits $1 Billion in Cryptocurrency Deposits
Decentralized finance platform Celsius Network has crossed $1 billion in total cryptocurrency deposits. Decentralized lending and borrowing platform Celsius Network has crossed $1 billion in total cryptocurrency deposits since its launch in 2018.The platform claims that it returns 80% of its total revenue to its users and has so far paid $17 million as interest…

ZachXBT criticizes block explorers on L1 chains, calls for overhaul
ZachXBT identifies gaps in block explorer quality across several L1 blockchains, urging significant improvements.