Category: crypto

Franklin Templeton launched a dual spot Bitcoin and Ethereum ETF on Feb. 20, trading under the EZPZ ticker on Cboe. The fund tracks the CF Institutional Digital Asset Index, with 82% allocated to Bitcoin and 18% to Ethereum. This is Franklin Templeton’s third crypto ETF, aiming to represent beta for crypto in the long term.

Figure Markets has introduced YLDS, a yield-bearing stablecoin approved by the SEC. YLDS allows users to earn daily interest while maintaining liquidity. Unlike other stablecoins, YLDS shares reserve yields with holders. It operates on the Provenance Blockchain and provides a reliable income stream aligned with the SOFR interest rate. Figure Markets sees YLDS as a…

Coinbase CEO Brian Armstrong has warned against insider trading in memecoins, stating that it is illegal and can result in prison time. He highlighted concerns over illegal activities in the memecoin market and emphasized the importance of building value-driven projects. Recent data revealed significant losses for investors due to insider trading in political-themed memecoins. Despite…

The Cardano Foundation announced that the network’s community has ratified the blockchain’s constitution, leading to on-chain governance starting on Feb. 23. The constitution ensures transparency and accountability in decision-making, with ADA holders playing a direct role. Cardano founder Charles Hoskinson praised the decentralized development, comparing it to national constitutional amendments.

The SEC has replaced its Crypto Assets and Cyber Unit with the Cyber and Emerging Technologies Unit (CETU) to address emerging fraud involving AI, blockchain, social media manipulation, and cybersecurity. The unit, led by Laura D’Allaird, aims to protect investors, foster innovation, and combat cyber-enabled financial crimes while promoting market efficiency.

Kraken has seen a significant increase in data requests from law enforcement and regulatory agencies in 2024, with a total of 6,826 requests received. The United States led with 28.6% of the requests, primarily from the FBI and ICE. Despite the rise, Kraken only complied with 57% of the requests. Additionally, Kraken is working towards…

Microsoft has introduced a Majorana 1 quantum chip that encodes quantum information using topological qubits to protect against quantum threats. Bitcoin Improvement Proposal 360 (BIP-360) outlines measures to make Bitcoin quantum-resistant by replacing vulnerable signature methods with hash-based systems. The transition process involves educating users and adapting infrastructure to support new standards.

Venture capital firm Epoch’s report highlights the increasing number of startups incorporating Bitcoin into their balance sheets for capital efficiency, dilution protection, and global market positioning. The report shows that allocating cash to BTC can significantly reduce future fundraising needs, extending a startup’s runway towards profitability and increasing valuations. Case studies of successful companies like…

XRP has outperformed Bitcoin and Ethereum in the past 24 hours after securing Brazil’s first spot exchange-traded fund approval. This marks an intense week for XRP, gaining over 10% amid increasing institutional interest. Brazil has become a key player in the global crypto market, with the US also reviewing XRP ETF applications.

Solana is experiencing a surge in memecoin activity and market speculation, similar to BNB Chain. While both platforms initially attracted high-frequency trading with low fees, Solana is now facing network instability and decreased developer contributions. The rise of memecoins has also led to criticism and challenges for both platforms.