Kenya has recently signed a partnership agreement with Marathon Digital Holdings to utilize the excess power to support Bitcoin mining and technology in the country. Fred Thiel, the CEO of Marathon Digital Holdings said this when he was releasing details of the partnership, citing the fact that Kenya had embraced the development of digital currency […]
Over the past ten days, Ether.fi has seen a substantial increase in investment, with $995 million worth of ether deposited. This surge has pushed the protocol’s total value locked (TVL) to a record $5.4 billion. The restaking protocol offered by Ether.fi allows traders to earn an additional yield on ether already staked on the Ethereum […]
Abu Dhabi Agriculture and Food Safety Authority or Adafsa stated on Thursday that mining of cryptocurrency is prohibited in the farms. This measure aims to prevent misuse of agricultural sites and control excessive electricity consumption. Adafsa emphasized that crypto mining leads to a significant rise in electricity bills, which is unsustainable for farm operations. The […]
Ether.fi, the cutting-edge non-custodial liquidity staking protocol, has announced the opening of Ether.Fi Cash, a new project that aims to combine users’ ether.fi holdings with actual financial transactions. 💵 Introducing https://t.co/gbHcksxzp2 Cash! SAVE, INVEST, and SPEND on https://t.co/gbHcksxzp2! Read more on our blog – https://t.co/HEHY0bltx0 Quick hits: ✅ https://t.co/gbHcksxzp2 Cash is a mobile wallet and […]
Following the recent SEC approval of ether spot exchange-traded funds (ETFs), Standard Chartered Bank’s Geoffrey Kendrick has highlighted 2025 as the key year for further expansion in the crypto ETF market. Kendrick, the head of forex and digital assets research, noted that with Ethereum ETFs now sanctioned, cryptocurrencies like SOL and XRP may soon follow […]
The U.S. Securities and Exchange Commission’s (SEC) approval of applications for spot Ether exchange-traded funds (ETFs) has sent ripples through the cryptocurrency industry. Senator Cynthia Lumis (R-WY) took to Twitter today to leverage the US SEC approval of a spot exchange-traded fund (ETF) for Ether to urge Congress to establish a clear regulatory framework for […]
OKX, a cryptocurrency exchange, announced that it has withdrawn its application to offer services related to digital assets in Hong Kong. In the statement, the exchange said that they have decided to withdraw OKX HK’s VASP license application after “careful consideration” of our business strategy. The exchange, which ranks third in terms of traded volume, […]
Today, Vitalik Buterin seized and collected 845,205 $STRK tokens from StarkNet’s Locked Token Grant contract on the Ethereum Layer 2 network. These tokens are valued at around $1.07 million, as per Lookonchain. These STRK and ETH tokens were part of Vitalik’s initial investment and backing for StarkNet, marking a significant return on his contribution. vitalik.eth(@VitalikButerin) […]
The bankrupt exchange FTX has completed the auction of its Solana token holdings, amassing a total of $2.6 billion. The sales were executed at discounted rates, drawing considerable attention from notable buyers, including Figure Markets and Pantera Capital. Figure Markets secured 800,000 tokens for approximately $80 million, a transaction confirmed by sources who preferred anonymity […]
The London Stock Exchange Group Plc (LSE) is navigating a significant transition, having lost half of its team overseeing exchange-traded funds (ETFs) just as it prepares to list its first cryptocurrency-linked products. This shake-up comes amid the upcoming debut of exchange-traded notes (ETNs) tied to Bitcoin and Ether, scheduled for May 28. Michael Stanley, LSE’s […]