Ethereum

Ethereum Foundation sends $120 million worth of ether to DeFi lending protocols

February 15, 2025 1 min read

The Ethereum Foundation has recently moved some of its ether holdings into decentralized finance (DeFi) protocols. This decision involves transferring a total of 30,800 ether, valued at $81.6 million, into Aave, which is the largest DeFi lending platform. From its multi-signature wallet, the foundation deposited 20,800 ETH, worth $55 million, into Aave’s core market. Additionally, 10,000 ETH, valued at $26 million, was placed in Aave Prime. Moreover, the foundation allocated

The SEC reviews Grayscale’s applications for XRP and Dogecoin ETFs

February 14, 2025 1 min read

The US SEC has recognized proposed rule changes that would allow NYSE Arca to list and trade shares of the Grayscale XRP Trust and Grayscale Dogecoin Trust. This is an important step, especially for the Grayscale XRP Trust, as Ripple and the SEC are still in a legal battle over XRP’s classification. Bloomberg ETF analyst James Seyffart noted that a 45-day review period will start once the proposal is published

CoinW Announces 4 Block Sponsorship at Consensus Hong Kong 2025

February 13, 2025 3 mins read

CoinW, a leading global cryptocurrency exchange, is set to make a bold statement at Consensus 2025 as an official 4 Block sponsor, showcasing its dedication to Web3 innovation and blockchain adoption. Attendees can visit booth #3811 to explore CoinW’s latest developments and connect with industry experts. Beyond the main event, CoinW is hosting an exclusive afterparty at The Henderson – Cloud 39. It will bring together industry pioneers and investors for

4 Most Popular Crypto Coins to Buy Now Before the Next Bull Run: Web3Bay, BONK, TRUMP & More!

February 13, 2025 5 mins read

The crypto market is becoming more active as people look for the next big opportunity. With Bitcoin facing ups and downs, many traders are now interested in new altcoins that provide useful features, practical applications, and potential for growth. A standout project this month is Web3Bay (3BAY), a decentralized online marketplace that removes middlemen, lowers costs and gives users full control over their shopping experience. Alongside Web3Bay, several other digital

Brevis Unveils Pico: The Next Generation of zkVMs

February 12, 2025 3 mins read

Brevis has introduced Pico v1.0, a zero-knowledge virtual machine (zkVM) designed for modular and flexible verifiable computing. Pico is the first zkVM that allows developers to customize prime fields, proving systems, proving workflows, app-level coprocessor integrations, and access to historical on-chain data, giving applications full control over how zero-knowledge proofs are generated and optimized.  Unlike traditional zkVM’s one-size-fits-all approach, Pico constructs zkVMs modularly, a customizable design that achieves the world’s fastest

Japan’s FSA considers approving Bitcoin ETFs and cutting crypto taxes

February 11, 2025 2 mins read

Japan’s Financial Services Agency (FSA) is exploring the possibility of allowing Bitcoin exchange-traded funds (ETFs) and reducing taxes for crypto investors. If these changes are approved, they could help integrate cryptocurrencies into the traditional financial system, encouraging more people to invest and enhancing protections for investors. The FSA is currently in discussions with financial experts to see if existing regulations can adapt to the fast-changing crypto landscape. These discussions are

Hong Kong now accepts Bitcoin and Ethereum as proof of asset

February 10, 2025 1 min read

Hong Kong has taken a significant step by officially recognizing Bitcoin and Ethereum as valid proof of assets for investment immigration applications. This change signals the region’s growing acceptance of digital finance. Reports indicate that at least two applicants have successfully used their crypto holdings to meet the HK$30 million (approximately $3.8 million) requirement for investment immigration. This development shows Hong Kong’s increasing openness to cryptocurrencies within its financial and

FX Guys on Track for $2—On-Chain Metrics Reveal a Bullish Future

February 10, 2025 4 mins read

FXGuys, a leading name in decentralized finance (DeFi), is gaining momentum as one of the top PropFi projects. With its $FXG token currently priced at $0.04 during Stage 2 of its presale, FXGuys has raised over $3.7 million. On-chain metrics and the project’s innovative ecosystem hint at a bullish future, potentially driving the $FXG token to $2. >>>JOIN FXGUYS HERE<<< Key On-Chain Indicators: Why $2 Could Be Within Reach On-chain

Ethereum Foundation moves 50,000 ETH

February 9, 2025 1 min read

Ethereum (ETH) is currently priced at $2,666.49, showing a slight increase of 1.91% over the last day. Its market capitalization has reached $321.4 billion, also up by 1.92%. However, the trading volume has significantly dropped by 48.83%, now at $15.15 billion, indicating less trading activity. Recently, the Ethereum Foundation moved 50,000 ETH, valued at $131.66 million, to a multi-signature wallet for DeFi (Decentralized Finance) activities. This action aligns with community

Hong Kong accepts Ethereum for a HKD 30M investment immigration

February 8, 2025 2 mins read

Invest Hong Kong has made a significant move by approving its first investment immigration application using Ethereum (ETH) as proof of assets, valued at HKD 30 million. This decision, confirmed by Certified Public Accountant Clement Siu, marks a pivotal moment in Hong Kong’s efforts to establish itself as a global hub for cryptocurrency. This approval follows the earlier acceptance of Spot Bitcoin and Ethereum ETFs on April 15, 2024. It

The US SEC delays decision on the BlackRock iShares Ethereum ETF Options

February 8, 2025 1 min read

The number of crypto ETF filings is rising globally. The SEC is processing some of these filings but delaying others for various reasons. Recently, they extended the deadline for a decision on the iShares Ethereum ETF Options to April 9. iShares is a financial services firm under BlackRock that offers ETFs. The reason for the delay in the decision is unclear. The SEC stated that they need more time to

Deribit exchange bans Russian users due to new EU sanctions

February 8, 2025 1 min read

Deribit, a cryptocurrency exchange based in Dubai and owned by a Dutch company, has announced a ban on Russian users due to new EU sanctions. Russian traders are a significant part of Deribit’s user base, being the second-largest group on the platform. However, other exchanges still dominate the Russian crypto market. This decision aligns with EU regulations but may have a more significant impact on Deribit than on Russia’s crypto