ProShares applies for Short Bitcoin Strategy ETF from SEC
ProShares has filed a registration statement with the Securities and Exchange Commission (SEC) to list shares of a Short Bitcoin Strategy ETF an exchange-traded fund that will be based on daily investment. ProShares filed an application with the Securities and Exchange Commission on Tuesday for an investment vehicle that would allow customers to wager against […]
Meta plans to launch digital currency, lending services to its apps
Meta is reportedly planning to launch a virtual currency named after CEO Mark Zuckerberg dubbed ‘Zuck Bucks’, as well as lending services for the apps it owns, which might include Facebook, WhatsApp, Instagram, and Messenger. The effort toward tokens and virtual currency, according to a Financial Times report published on Wednesday, is aimed at investigating […]
Binance leads $150M fundraiser for Axie Infinity to reimburse stolen funds
Binance has led a $150 million fundraising round for Sky Mavis, the creator of Axie Infinity, a popular play-to-earn nonfungible token game, the fund will be used to refund users who lost money in the recent hack. The fundraising aims to recoup funds lost as a result of the recent exploit on Axie Infinity’s Ronin […]
TerraUSD (UST) staking program goes live on Binance
Terra Luna Foundation Guard (LFG) purchased 5,040 BTC ($222 million) earlier today, now Terra’s stablecoin -TerraUSD (UST) staking program will be available to more than 30 million users on Binance. Binance, a centralized cryptocurrency exchange, announced a new TerraUSD (UST) staking program on Wednesday. Although Binance did not disclose the underlying decentralized finance protocol responsible […]
ESPN announces its first NFTs collection
Sports media giant ESPN in partnership with Brady’s Autograph is set to release its first NFTs collection on Polygon. NFL quarterback Tom Brady is already well-versed in the world of NFC memorabilia, and now he’s enlisting the help of sports media behemoth ESPN. ESPN today announced its first-ever NFT collection, created in collaboration with Brady’s […]