BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside data. BlackRock’s large inflows come amid…

The Ethereum Foundation introduced a short-lived testnet called Mekong to allow developers to experiment with future upgrades before they reach the Ethereum mainnet. On Nov. 7, the Ethereum Foundation — a nonprofit organization that supports Ethereum — announced it would launch the “Mekong testnet,” to allow developers to explore user experience (UX) changes and familiarize themselves with upcoming…

Eclipse, the first layer-2 network that combines Ethereum and Solana into one blockchain, has officially gone live. Eclipse allows users to transact on Ethereum faster and more cheaply using the Solana Virtual Machine (SVM) to execute transactions. Like other Ethereum L2s, the network bundles transactions and settles them on the Ethereum mainnet. The Eclipse Foundation…

The 2024 United States presidential election brought substantial shifts in crypto policy outlooks as Donald Trump prepares to return to the White House for a second term. Following Trump’s victory and the Republican Party securing control of the Senate — with a House of Representatives majority also within reach — crypto advocates, including Coinbase CEO Brian Armstrong,…

Paul Grewal, chief legal officer at Coinbase, urged the United States Securities and Exchange Commission to change its approach toward crypto following Donald Trump’s election as president for a second term. Grewal expressed hope that the SEC would adopt a regulatory framework that favors open dialogue and innovation over litigation, reflecting a sentiment among crypto…

BNB Chain has unveiled a new real-world asset tokenization service that provides individuals and businesses with a no-code solution to tokenize real-world assets in “minutes.” According to the announcement, the new service streamlines the process of asset tokenization through in-built compliance tools and clear guidance through each step of the tokenization process — including asset…

Bitfinex analysts anticipate a “new wave of hope” entering crypto markets following Donald Trump’s election as president of the United States. This renewed hope is expected to translate into more capital flowing into the Web3 space as the industry expects federal agencies to adopt a less hostile stance on cryptocurrencies. According to Bitfinex analysts: “We…

BlackRock’s Bitcoin exchange-traded fund (ETF) witnessed a record day of trading after Donald Trump’s victory in the United States presidential election. In a Nov. 6 post to X, Bloomberg ETF analyst Eric Balchunas shared that the iShares Bitcoin Trust (IBIT) witnessed its “biggest volume day ever” with over $4.1 billion in daily trading volume on Nov. 6….

Binance continues its battle against the United States securities regulator amid allegations of violations related to certain cryptocurrencies. Legal defense for Binance and its former CEO Changpeng “CZ” Zhao has filed a motion to dismiss an amended complaint by the US Securities and Exchange Commission. In the motion filed on Nov. 4, lawyers for Binance and CZ asked…

VanEck has listed an exchange-traded note (ETN) in Europe tracking the performance of the Pyth Network’s native token, PYTH, the asset manager said on Nov. 5. The VanEck Pyth ETN will trade on Euronext Amsterdam and Euronext Paris, the asset manager said. It will be available to investors in 15 European countries, including Germany, France, Norway…