OnlyFans’ Parent Company Buys $20M Ethereum
The cryptocurrency was acquired between 2021 and 2022 by Fenix International, the parent company of OnlyFans. The parent company of the subscription platform OnlyFans is the most recent organization to disclose its cryptocurrency holdings, revealing it invested nearly $20 million in Ether ETH. According to a financial filing made on August 24 to the UK corporate registry, […]
The Legal Web That Favored Ethereum Over Ripple
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the XRP cryptocurrency, has been one of the crypto industry’s most controversial and consequential events. But what if the outcome of this case was influenced by a clever legal strategy that gave Ethereum, Ripple’s main rival, an unfair […]
US SEC to Approve First Ethereum Futures ETF
Bloomberg reports that the US SEC is set to sanction an Ethereum Futures ETF as the crypto community awaits a Bitcoin ETF. Bloomberg reports that the US SEC is set to sanction an Ethereum Futures ETF as the crypto community awaits a Bitcoin ETF. Valkyrie is anticipated to list the first Ether Futures ETF on October […]
PayPal Exec on Picking Ethereum For PayPal Stablecoin
PayPal’s crypto executive disclosed that selecting the Ethereum blockchain as the foundation for its stablecoin was an easy choice. The Executive Vice President and General Manager of Blockchain, Cryptocurrencies, and Digital Currencies at PayPal. Jose Fernandez da Ponte stated that selecting Ethereum (ETH) as the platform’s stablecoin was a “easy choice” given that the developer […]
Why Vitalik Buterin Suggests Bitcoin Scaling Solutions
This year, Vitalik Buterin lauded the development of Bitcoin Ordinals, stating that they represent a return to “builder culture.” Bitcoin (BTC), the largest cryptocurrency in the world, has firmly established itself as a store of value. However, some crypto devotees view the Bitcoin ecosystem as more than a payment system. Vitalik Buterin, a co-founder of […]