Web3
Bitcoin's hashrate has consistently set new record highs. But what's the real impact of this surging hashrate on Bitcoin's price?
Friend.tech has seen a sudden resurge in both TVL and transaction volume. Several factors have contributed to its comeback.
Fumio Kishida described Web3 as a “new form of capitalism” in a keynote address at the WebX conference in Japan.
Worldcoin, a project partly created by OpenAI CEO Sam Alman, launched the token
The investor in early-stage crypto companies has remained one of the most active investors in the space despite a bear market and the collapses of FTX and three banks.
The capital will help Xterio add more games and artificial intelligence integrations to its platform.
A policy paper next week won’t set legislative rules – but could point the way ahead on some key Web3 issues.
The Versal Network will allow companies to transact in stablecoins and central bank digital currencies.
The game, launching in early 2024, was made in partnership with Chess.com.
Several big-name financial institutions have set up shop in virtual worlds, making inroads to a whole new generation of clients.
- 04:04Grayscale Urges US SEC to Approve Ethereum ETF Staking, Claims $61 Million Revenue MissedPANews, April 28 - According to Bitcoin.com, asset management company Grayscale met with the SEC's crypto working group on April 21 to apply for permission to stake its Ethereum ETFs (ETHE and ETH). The company stated that due to regulatory restrictions, the $8.1 billion in assets under its management missed out on approximately $61 million in potential revenue from the product's launch until February 2025. Grayscale put forward three arguments: 1) Similar products in Europe and Canada have successfully implemented staking; 2) Staking can enhance the security of the Ethereum network; 3) Risk management strategies, including a "liquidity reserve," have been developed. Currently, the inability to stake spot Ethereum ETPs in the US prevents full realization of the underlying asset value. Grayscale calls on the SEC to update regulations in line with traditional financial products.
- 04:01LAYER 7th Largest Holder Address Withdraws 1 Million LAYER from CEX 40 Minutes AgoAccording to Odaily, blockchain analyst The Data Nerd reported that 40 minutes ago, wallet address DLcwu withdrew 1 million LAYER (approximately $2.72 million) from CEX and transferred it to wallet AEZok. Over the past three days, wallets DLcwu and 8KGnY have cumulatively withdrawn 26.51 million LAYER (approximately $66.92 million) from CEX, all transferred to AEZok. Currently, AEZok is the 7th largest LAYER holder, possessing 48.47 million LAYER, suspected to be a market-making address for the project.
- 03:59Data: Ethereum Spot ETFs End Eight Weeks of Net Outflows, Record $157 Million Net Inflow Last WeekAccording to ChainCatcher news and SoSoValue data, Ethereum spot ETFs recorded a net inflow of $157 million for the last trading week (April 21 to April 25, Eastern Time). The Ethereum spot ETF with the highest net inflow last week was the Fidelity ETF FETH, with a weekly net inflow of $68.59 million. The historical total net inflow for FETH has now reached $1.43 billion. This was followed by the Blackrock ETF ETHA, with a weekly net inflow of $64.18 million, bringing ETHA's historical total net inflow to $4.11 billion. The Ethereum spot ETF with the highest net outflow last week was the Grayscale Ethereum Trust ETF ETHE, with a weekly net outflow of $32.02 million. The historical total net outflow for ETHE has reached $4.28 billion. As of the time of publication, the total net asset value of Ethereum spot ETFs is $6.14 billion, with an ETF net asset ratio (market value as a percentage of Ethereum's total market value) of 2.83%. The cumulative historical net inflow has reached $2.4 billion.