Ether ETF Records Weekly Positive Inflows for First Time Since Launch
The first week of positive net inflows recorded $105 million for Spot Ether exchange-traded funds (ETFs) in the United States since their inception on July 23. As per SoSoValue, an ETF tracker, the nine recently launched spot Ether ETFs in the United States experienced positive aggregate net inflows of $104.8 million during the week commencing […]
CFTC’s New Crypto Regulation Stirs Debate
CFTC’s proposed crypto regulation on prediction markets ignite controversy in the crypto sector. The U.S. Commodity Futures Trading Commission (CFTC) has initiated a significant debate in the cryptocurrency community by implementing regulations for prediction markets. Players in the cryptocurrency sector have characterized these proposed regulations as an excess. Dragonfly and Crypto.com, among other prominent entities, […]
Zcash Founder Zooko Wilcox Joins Shielded Labs
Zooko Wilcox, the founder of the privacy coin Zcash, has joined Shielded Labs to expedite the protocol’s transition to a hybrid proof-of-stake (PoS) system. Zooko Wilcox, the founder of Zcash and the current director of product at Shielded Labs, stated in a blog post on August 10 that the privacy currency must be transitioned to […]
Binance and X Face Venezuelan Government Blockade
Venezuela restricts access to Binance, X, and other online services. Access to Binance, social media platforms, including X, and the services of other websites of various corporations has been restricted by Venezuela’s government. This restriction, as per VE sin Filtro, has impacted the exchange’s website and mobile application’s normal operation. Binance Latinoamérica issued a notice […]
Canto Chain Addresses 33-hour Outage Due to Consensus Issue
Canto plans Aug. 12 upgrade to resolve 33-hour outage caused by consensus issue. Cosmos-based layer-1 blockchain According to Canto, the ongoing 33-hour disruption was the result of “an issue with consensus.” To resolve the situation, the company intends to implement an upgrade on August 12. Canto, which was introduced in August 2022, is a permissionless […]