CBOE gives official launch date for spot Ethereum ETF
    20 Jul 2024
    93 Views

    Five spot Ethereum exchange-traded funds (ETF) will begin trading on the Chicago Board Options Exchange on July 23, “pending regulatory effectiveness,” CBOE announced on July 19. On May 23, the United States Securities and Exchange Commission (SEC) approved rule changes permitting the listing of several spot Ether ETFs. However, before the new products could begin trading, the…

    Airdrop token prices are crashing — Does Web3 need a new model?
    20 Jul 2024
    120 Views

    For the past year, airdrops — tokens launched through a free distribution to users — have dominated the narrative in cryptocurrency markets. Now, beset by underperforming tokens and mercenary user bases, airdrops are falling out of favor. Web3 protocols are beginning to ask if it’s time for a new model. Since 2023, airdrops have been…

    TON Network TVL surpasses $760M — Is this bullish for TON price?
    20 Jul 2024
    90 Views

    Toncoin (TON) is the native coin of The Open Network, a layer-1 blockchain initially developed by the Telegram messaging app. The TON ecosystem is largely driven by Telegram’s 900 million active users. Despite being relatively new to the decentralized applications (DApps) ecosystem, the TON Network has surpassed Optimism to become the tenth largest blockchain in…