Osprey Funds, LLC, a U.S.-based crypto investment firm, has announced that the Osprey BNB Chain Trust is now publicly quoted on the OTCQX® Best Market. Interestingly, the fund happens to be the first in the US to provide exposure to BNB, the native token of the BNB Chain ecosystem. It aims to offer a way […]
After agreeing to curtail its ambitious Bitcoin initiatives, El Salvador has reached a $1.4 billion loan arrangement with the International Monetary Fund (IMF). The agreement, which needs the approval of the IMF Executive Board, aims to support El Salvador’s reform agenda, boost fiscal and external sustainability, and create conditions for stronger, inclusive growth. IMF Loan […]
Although the US Fed reduced the key interest rates by 25 basis points as expected, Jerome Powell made a couple of remarks that impacted the entire crypto market in a highly negative manner. The central bank’s Chair warned that the rate cuts for 2025 could be fewer after the three consecutive ones at the end […]
Ohio State Representative Derek Merrin has introduced House Bill 703, known as the Ohio Bitcoin Reserve Act, in a bid to authorize the state treasurer to invest public funds in BTC. The latest initiative is announced as part of Merrin’s broader vision to leverage innovative financial solutions. The legislation provides the framework for Ohio to […]
TL;DR The Shiba Inu community was warned about scammers asking for emails related to SHIFU purchases or claims. Users should avoid sharing personal details and verify information only through official channels. Beware, ShibArmy Shibarium Trustwatch recently issued another important alert concerning the Shiba Inu community. The team cautioned that scammers request victims to send them […]
Solana has showcased remarkable performance throughout 2024, outpacing Ethereum by over 50% in year-to-date gains. This solidified SOL’s position in the Layer 1 blockchain club. However, with its high throughput being stunted by spam transitions and network congestion, many started questioning the future of Solana. Among the emerging projects leading the charge to help Solana […]
Every market cycle has its ups and downs – and the meme coin supercycle is turning out to be no different. Market leaders like Dogecoin (DOGE) and Dogwifhat (WIF) are under pressure as investors take profits ahead of the Christmas holidays. Dogecoin is down 7.3% on the weekly chart, while Dogwifhat has sunk by 18.6%. […]
[PRESS RELEASE – Singapore, Singapore, December 18th, 2024] Moai Finance, a leading decentralized exchange platform on XRP Ledger, today announced the launch of version 2.0 of its cross-chain DEX aggregator. This new release introduces enhanced functionality and improved cross-chain capabilities, with upcoming support for EVM sidechain integration. In a notable development, Moai Finance has been […]
Ethena Labs officially launched USDtb, a new stablecoin backed by BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL), on December 16th. Developed in partnership with Securitize, USDtb is designed to operate like existing fiat-backed stablecoins such as USDC and USDT, with reserves invested in cash or cash-equivalent assets to maintain a 1:1 value ratio. USDtb Debuts […]
FTX and its affiliated debtors have announced that their Chapter 11 reorganization plan will officially take effect on January 3, 2025. This day has also been designated as the initial distribution record date for those holding allowed claims in the plan’s convenience classes. Distribution Details According to a press release, payments for these claims are […]