Read the exclusive interview with Avocado Guild.
European investors have allocated a record amount of capital into spot Bitcoin exchange-traded funds (ETFs) in the United States. Europeans have invested over $105 billion in spot Bitcoin ETFs year-to-date (YTD), marking an all-time high. The record European ETF flows were shared by Eric Balchunas, a senior ETF analyst at Bloomberg, who wrote in an Oct. 21 X post:…
The Bitcoin hashrate has reached a new all-time high, showcasing the growing security of the world’s first blockchain network. The Bitcoin network hashrate — the total computing power securing the Bitcoin network — reached an all-time high of 769.8 exahashes per second (EH/s) on Oct. 21. The hashrate has been in a steady uptrend since…
Tether’s United States dollar-denominated stablecoin has surpassed the record $120 billion market capitalization for the first time, signaling a potential crypto rally. Tether’s USDt, the world’s largest stablecoin, surpassed the $120 billion mark on Oct. 20, according to the firm’s website, which offers live updates of the stablecoin’s supply. Stablecoins are the main on-ramp between the…
European authorities have reached a milestone deal to regulate the trading of crypto assets in the bloc, to rein in what lawmakers call the “wild west” of financial markets. These standards are designed to protect consumers and increase transparency from companies. EU member states and the European Parliament on July 1 settled the terms of…
There are a lot of crypto jobs, but do you need to be “crypto-native” to qualify? Here’s how to land a job in crypto – writes Ekin Genç on CoinDesk. Crypto is a fast-growing and diverse industry, home to a broad array of organizations, from traditionally structured companies running services like centralized exchanges to decentralized…
The UAE, Japan, and Singapore have emerged as the trendsetters in regulating the crypto market effectively, top European academic Guy Burton said, citing The Dubai Financial Services Authority explicitly included a crypto regulatory framework in its 2021 business plan. Guy Burton, an Adjunct Professor at the Brussels School of Governance, where he teaches politics and…
North Korean hackers are most likely behind an attack last week that stole as much as $100 million in cryptocurrency from a US company, digital investigative firms have concluded. Analysis suggests the hack is the work of the Lazarus Group, the Pyongyang-backed group behind a similar $622 million hack of Axie Infinity. Following hackers recent…
Digital asset brokerage Voyager Digital said Friday that it is pausing all customer trading, deposits, and withdrawals. The crypto company claimed it had been affected by the liquidation of Three Arrows Capital. Voyager Digital is suspending trading, deposits, and withdrawals in the latest sign of the deepening crisis in the crypto markets. Voyager said the…
Djed, Cardano’s algorithmic stablecoin, developed in collaboration with the COTI network, might launch shortly after the Vasil Hard Fork mainnet launch, its team revealed. The tentative date of the launch could be in the last week of July. “We are also waiting for Cardano’s Vasil Hard Fork to take place. The Vasil Hard Fork will…
