Brazil’s Crypto Imports Rose 40% in September
Brazil’s crypto activity continues to grow, with digital asset imports reaching $1.4 billion in September. Brazil’s digital asset imports reached $1.4 billion in September, marking a 40% increase from the approximately $1 billion recorded in September 2023, according to data released by the Central Bank of Brazil and local media on Oct. 29. Despite the […]
Grayscale Bitcoin & Ethereum Mini ETF Reaches $750M Inflows
Grayscale Investments’ Bitcoin and Ethereum Mini Trusts reached a $750 million inflow record in three months. Grayscale Investments, a prominent American crypto asset manager, has announced that its two major regulated funds, the Bitcoin and Ethereum Mini Trusts, have reached a significant milestone. According to a press release, these products have accumulated $750 million in […]
Crypto PAC Targets Wisconsin with Final Media Buys Ahead of US Election Day
The Fairshake PAC disclosed to the FEC that it spent more than $760,000 on a media buy to support Wisconsin Representative Bryan Steil, running for reelection in 2024. The cryptocurrency-backed political action committee (PAC) Fairshake has announced one of its last expenses ahead of Election Day in the United States, supporting a Republican candidate in Wisconsin. […]
Consensys Announces 20% Workforce Reduction
Consensys CEO Joe Lubin has clarified that the company’s restructuring plan will affect 162 permanent employees. Blockchain firm Consensys has initiated a significant restructuring, reducing its workforce by over 20%. CEO Joe Lubin confirmed that the move affected 162 employees as part of an effort to streamline operations and accelerate the decentralization of its key […]
Vitalik Buterin Addresses Ethereum L2 Experience Criticisms
Vitalik Buterin addressed criticism of the current state of Ethereum’s L2 user experience by insisting that developers should build for the future. Vitalik Buterin recently responded to critiques of Ethereum’s Layer 2 user experience, which some argue is fragmented and complex. Buterin emphasized that developers should focus on building for the future instead of defending […]