News

Latest news from the Web3 ecosystem

Harvard Reduces Bitcoin Holdings, Establishes Ether Position

Harvard University has decreased its Bitcoin holdings by 20% while simultaneously initiating a new investment in Ether. This strategic portfolio adjustment comes amidst evolving market conditions.

1 min read

Nexo Relaunches US Services Amid Shifting Regulatory Landscape

Crypto lending platform Nexo has resumed operations in the United States, following a strategic exit in 2022 due to a challenging regulatory environment. The relaunch indicates a potential recalibration of the company's approach to the US market.

2 min read

Key Crypto Developments Shaping Today's Market

Stay informed on the latest trends and events across Bitcoin, blockchain, DeFi, NFTs, and Web3 regulation that are influencing the cryptocurrency landscape.

2 min read

Analyst Predicts Bitcoin Plunge Amid Recession Fears

Mike McGlone warns of a potential Bitcoin price drop to $10,000, citing elevated U.S. market valuations and rising gold prices as indicators of broader economic instability.

2 min read

US Senate Faces Delays on CLARITY Act for Crypto Regulation

The CLARITY Act, designed to provide regulatory clarity for the cryptocurrency industry, has stalled in the US Senate despite swift passage through the House of Representatives. The timeline for its approval remains uncertain.

2 min read

Nexa Terminal Ceases Operations, Cites Low Sui Network Volume

Nexa Terminal, acquired by Bluefin, has shut down, attributing its closure to the low trading volume on the Sui blockchain. This development follows a significant decline in Sui's monthly DEX volumes.

2 min read

Stand Launches Automated Counter-Trading for Prediction Markets

Prediction market aggregator Stand has introduced a new feature designed to automate trades. This tool allows users to bet against consistently underperforming participants.

1 min read

Crypto Market Surges Post US Inflation Data

The total cryptocurrency market capitalization experienced a significant increase following the release of US inflation figures that fell below expectations, indicating a potential shift in market sentiment.

2 min read

Truth Social Files for Two Digital Asset ETFs with SEC

Truth Social Funds has filed with the U.S. Securities and Exchange Commission to introduce two new exchange-traded funds focused on digital assets, signaling a move to bridge traditional finance with the cryptocurrency sector.

1 min read

Tomasz Stańczak Departs Ethereum Foundation Leadership

Tomasz Stańczak is stepping down from his role as co-executive director at the Ethereum Foundation. Bastian Aue will assume the position, joining Hsiao-Wei.

1 min read

Lighter Integrates Unified Collateral for Spot and Futures Trading

Lighter's platform now supports unified collateral for both spot and futures trading, a move that saw its native token, LIT, experience a notable price increase.

1 min read

Polymarket Introduces Rapid-Fire Crypto Markets, Hints at Airdrop

Decentralized prediction market Polymarket has launched new 5-minute crypto markets, fueling speculation about an upcoming token airdrop for its users.

2 min read