Author: CryptooTimes
BlackRock’s IBIT recorded $290 million in inflow on Tuesday, more than the fund has seen in the past 21 trading days combined. Source link
“In the future, we think embedded wallets really make sense for decentralized applications, rather than being forced to build their own or use less trusted firms or experimental products,” said Wu in an interview. “With Bitski’s expertise in embedded wallets, onboarding will be much easier. Instead of telling people to download a separate mobile app, and adopt a seed phrase, simply sign up with an email and get started immediately.” Source link
The total decentralized finance (defi) total value locked (TVL) is currently witnessing an impressive surge as the broader cryptocurrency market gains bullish momentum. According to data provided by Defi Llama, the total defi TVL increased by 9.1% in the past 24 hours and is standing at $105.63 billion at the time of writing. Notably, this is the first time since May 11, 2022, that the defi market value surpasses the $100 billion mark. Defi TVL | Source: Defi Llama With the current rally, 51 of the total 52 defi protocols that have a TVL of over $500 million are roaming…
Farcaster, blockchain’s answer to traditional social media, raised $150 million in a Series A funding round led by Paradigm, sending a community token soaring. Source link
The change of fortunes leaves Gala with an unexpected $23 million windfall in ETH tokens. “We will probably buy and burn on galaswap,” said the project’s CEO Eric Schiermeyer, also known as Benefactor, in its Discord server. That means using the ETH to buy GALA tokens and then taking those tokens out of circulation. Source link
Several crypto ETF issuers are reportedly scrambling to amend SEC filings as odds for approved spot Ethereum products improved in the past 24 hours. Wall Street titan Fidelity submitted an updated spot Ethereum ETF S-1 form with the U.S. SEC and removed all staking language, signaling dialogue with the regulator. Multiple reports also emerged claiming the securities watchdog has instructed other issuers and national exchanges like Nasdaq to expedite improved spot Ether (ETH) ETF filings ahead of possible partial approvals. At press time, crypto.news had yet to hear back from exchanges and providers on the matter. NEW: Hearing issuers/exchanges have…
Bitcoin got the correction “we needed,” and now it “can continue the macro uptrend higher,” says one crypto trader. Source link
Yakov Sychev is the CMO of cross-chain liquidity protocol Eywa. He is helping marketers understand user journeys between Web 2 and Web3. Source link
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. FLOKI and BONK are strong contenders in the memecoin space, but the new AI-powered Raboo presale token is poised to outperform them. FLOKI and BONK have been making their mark as contenders in the meme sector. However, Raboo (RABT), a new presale token powered by Artificial Intelligence, has emerged with the potential to outperform them. Will Raboo be able to disrupt the competition in the meme sector, diverting investors’ attention from other meme tokens to its ongoing presale and…
One wallet has upgrade permissions for 12 Ethereum scaling networks, but Conduit founder Andrew Huang says it can’t transact without three signatures which would take a trio of physical attacks. Source link
