BlackRock and Fidelity Bitcoin ETFs Outperform Grayscale in Liquidity Metrics, JPMorgan Finds

According to a recent report by JPMorgan analysts, BlackRock and Fidelity’s spot bitcoin exchange-traded funds (ETFs) are gaining an edge over the Grayscale Bitcoin Trust (GBTC) in terms of liquidity...
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Crypto Wallets Tied to Defunct FTX Exchange and Alameda Research Transfer $38.8 Million to Exchanges in 2024

In a series of transactions scrutinized by blockchain analytics firm PeckShield and as reported, crypto wallets associated with the now-defunct FTX exchange and its sister company, Alameda Research, have made...
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Binance Freezes $4.2 Million in XRP Following $112 Million Ripple Wallet Hack

In a significant security incident that unfolded on January 31, 2024, Binance, one of the leading cryptocurrency exchanges, has taken swift action by freezing $4.2 million worth of XRP linked...
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European Union Contemplates Ban on Proof-of-Work Blockchain Networks, Citing Environmental Concerns

In a recent development, it has come to light that the European Union (EU) is considering the prohibition of Proof-of-Work (PoW) consensus networks, including the widely known Bitcoin. The revelation...
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HyperFund Founders Charged with $1.7 Billion Fraud in Global Investment Scheme

In a major development, the Securities and Exchange Commission (SEC) has officially charged the HyperFund scheme with fraud and unregistered securities offering, revealing that Xue Lee and Brenda Chunga, also...
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Fintech Association of Nigeria Wraps Up Successful 5th Edition of Fintech Outlook 2024

On January 23, 2024, the Fintech Association of Nigeria successfully concluded its 5th edition of the Fintech Outlook 2024, a significant gathering of thought leaders, stakeholders, and key players in...
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BlackRock’s iShares Bitcoin Trust Surpasses $2 Billion AUM Milestone in Record Time

According to reports, BlackRock’s Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT), has soared past the $2 billion mark in assets under management (AUM) just a fortnight after debuting...
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AltLayer’s $100 Million ALT Airdrop Sparks Surge in Token Value, Attracts Global Crypto Community

AltLayer, a prominent scaling protocol in the Ethereum ecosystem, initiated its much-anticipated ALT airdrop on Thursday, offering eligible community members tokens valued at over $100 million. Early AltLayer users and...
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Bitcoin ETF Success Amidst Market Turmoil

Bitcoin’s recent price drop is not attributed to the introduction of Bitcoin ETFs, as clarified by Bloomberg ETF analyst Eric Balchunas. Despite hitting a multi-year high of $49,000 on January...
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BIS Innovation Hub Unveils Ambitious Blockchain and CBDC Initiatives in 2024 Work Program

In a groundbreaking move, the Bank for International Settlements (BIS) Innovation Hub has unveiled a series of ambitious projects as part of its 2024 work program, signaling a significant stride...
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