Spot Bitcoin ETFs saw $1.2 billion pulled out over eight days, even though they grew in 2024. The 12 U.S. spot Bitcoin ETFs together lost this amount between August 30 and September 6. This marked the longest period of withdrawals since these spot Bitcoin ETFs were …
Changpeng Zhao, who started Binance, is no longer allowed to run the company. This was confirmed by the current CEO, Richard Teng. The ban happened after Changpeng Zhao admitted to helping with money laundering and breaking U.S. laws. Because of this, the U.S. Department of …
Ethereum, the second-biggest cryptocurrency, has not met investors’ expectations this year, especially when compared to Bitcoin. Over the past six months, Ethereum’s price has dropped around 35%. This downward trend has continued even after spot Ether exchange-traded funds (ETFs) started in the U.S. in July. In …
Ripple has announced its plan to add smart contracts to the XRP Ledger (XRPL). This is an important update because, even though XRPL is one of the older blockchain networks, it does not currently have smart contract features. Adding smart contracts could help XRPL keep up …
The Shiba Inu community recently saw an unexpected burning of a large amount of SHIB tokens by a Shiba Inu wallet. According to Shibburn, a tracker run by the community, about 1,881,669,401 SHIB tokens, valued at around $35,643, were burned on September 26th at 22:42 …