BlackRock’s cryptocurrency-based exchange-traded funds (ETFs) have become a revenue-generating machine, bringing in $260 million in revenue for the world’s largest asset manager, signaling a “benchmark” model for traditional investment funds seeking lucrative business models. BlackRock’s […]
A crypto asset management firm that holds HYPE — the token behind decentralized derivatives exchange Hyperliquid — has proposed cutting the total supply of HYPE by 45% to make its tokenomics more attractive to investors. […]
Changpeng “CZ” Zhao’s $10 billion investment firm YZi Labs is weighing plans to open the fund to outside capital and external investors. YZi Labs manages Zhao’s personal fortune and funds from a few early Binance […]
TLDR ETHZilla raised $350 million through convertible debentures to expand its Ethereum-focused treasury strategy. The company’s total debenture program value now reaches nearly $500 million after this new funding. ETHZilla holds 102,264 ETH worth approximately […]
Ether treasury company ETHZilla is looking to raise another $350 million through new convertible bonds, with funds marked for more Ether purchases and generating yield through investments in the ecosystem. ETHZilla chairman and CEO McAndrew […]
BitMEX co-founder Arthur Hayes has sold off his entire Hyperliquid (HYPE) stash — seemingly, for a Ferrari — just a month after he tipped the token to surge around 126x over the next three years. […]
TLDR Jimmy Song criticizes Bitcoin Core developers for removing the OP_Return limit. The decision has sparked significant backlash from the Bitcoin community and node runners. Song refers to the removal of the limit as a […]
Crypto pundits are debating whether there will be a crypto rally in October — just 10 days away — after the markets went in an opposite direction on Monday. Historically, October has been one of […]
Crypto exchange OKX built a decentralized perpetuals trading platform akin to Hyperliquid and Aster but held off launching it over regulatory concerns, its founder says. The Web3 arm of OKX developed the unnamed platform in […]
Key points: Bitcoin faced significant resistance at $117,500, indicating that the bears are unlikely to give up easily. Several major altcoins tried to break above their overhead resistance levels, but the bears held their ground, […]
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