Another EigenLayer ecosystem restaking project, Renzo, in April issued its token via offshore entities, and also geoblocked U.S. web traffic. “Our Terms of Service clearly state that US persons are not permitted to claim tokens,” said Kratik Lodha, a representative for the token’s issuer, the RestakeX Foundation. Source
Category: ICO
Bitcoin Price (BTC) Gains 0.1% While Ether Price (ETH) drops 0.8% as CoinDesk 20 Trades Lower
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Controversial Crypto Firm Prometheum to Treat Uniswap’s UNI and Arbitrum’s ARB as Securities
When asked why Prometheum selected UNI and ARB, Kaplan responded, “Prometheum Capital intends to provide investors access to the top digital assets over time, as well as tokenized assets, debt, equities, [exchange traded funds], mutual funds, options, money market funds and other investment contract products that are issued and transferred on a blockchain.” Source
BlackRock’s ETHA Becomes First Ethereum ETF to Cross $1B in Net Inflows
ETHA holds over $860 million in net assets. Only Grayscale’s mini ether trust (ETH) and Ethereum trust (ETHE) have more. Its net inflows are more than the next three highest ETF inflows combined. Source
Cipher’s (CIFR) Bitcoin (BTC) Mining Business Remains Compelling, Canaccord Says
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Story Protocol Developer Raises $80M Series B, Led by A16z, for Intellectual Property Chain
“We’re focused on solving a real problem that impacts the creative industry, not just creating another technical tweak,” Story Protocol CEO SY Lee says. Source
Urbit’s Founder Returns in Shakeup at Moonshot Software Project
It sacked Josh Lehman, the foundation’s executive director since 2021, and replaced him, on an interim basis, with Christopher Colby, founder of a prediction market startup called Alphabet. The board also scrapped a fundraising proposal, backed by Lehman, to create a new layer-2 blockchain on top of Ethereum (using a software development kit from the Cosmos ecosystem). Source
German Regulator BaFin Seizes 13 Crypto ATMS
The machines were operating without the required BaFin permission and posed money laundering risks, the statement said. BaFin officials with the support of the police and the Deutsche Bundesbank took action against operators in a total of 35 locations. Cash amounting to almost 250,000 euros ($278,124) was confiscated. Source
USDT Issuer Tether Plans to Develop UAE Dirham-Pegged Stablecoin With Phoenix Group (PHX)
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…
Institutions Increased Their Bitcoin (BTC) ETF Allocation in Second Quarter, Bitwise Says
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as…