Latest news from the Web3 ecosystem
Peter Thiel's Founders Fund has divested its entire stake in ETHZilla, a prominent Ethereum treasury management firm. This move was disclosed via recent SEC filings, marking a significant shift in the fund's digital asset strategy.
Nevada has initiated legal action against the prediction market platform Kalshi. Kalshi, in turn, is attempting to transfer the case to federal court, arguing federal law preempts state regulation.
US-based Bitcoin spot ETFs maintain substantial asset holdings of approximately $85 billion, even as the cryptocurrency's price experiences a significant decline.
Analysis of technical indicators, on-chain data, and exchange-traded products suggests XRP may have reached a significant low. This could signal a forthcoming trend reversal.
Decentralized finance platform Pump.fun has launched a new trader cashback program. This initiative aims to address concerns about profitability for users trading memecoins.
Arthur Hayes highlights a critical divergence between Bitcoin and tech stocks, interpreting it as a warning sign for traditional fiat currencies and predicting a surge in Bitcoin's value.
Bitwise and GraniteShares have submitted filings for new ETFs that track the outcomes of US elections, entering a competitive landscape for such investment products.
Coin Center is urging the Senate to preserve a bill that offers protections to crypto developers, drawing parallels to existing legal frameworks for internet and cloud hosting services.
The Digital Chamber has launched a new working group focused on advocating for regulatory clarity in the prediction market sector, aiming to establish clear guidelines and maintain existing oversight structures.
Trading platform eToro saw a 20% stock increase following strong fourth-quarter financial results, largely attributed to a significant boost in cryptocurrency revenue.
Zora, a platform focused on creator economies, has rolled out its new attention markets product on the Solana blockchain. This move aims to capitalize on emerging social trends.
Ether's upward momentum is being fueled by increasing institutional interest, evidenced by major endowments allocating capital and BlackRock's new staking ETF. The burgeoning Real-World Asset market on Ethereum further underscores this trend.