Canary Capital proposes first Sui ETF in US SEC filing

    Canary Capital has filed its sixth proposed crypto exchange-traded fund (ETF) with US regulators, this time for one tracking the spot price of the crypto token Sui. In a March 17 Form S-1 filing to the Securities and Exchange Commission, the crypto investment firm requested to list the Canary SUI ETF, which didn’t include information on what…

    83% of institutions plan to up crypto allocations in 2025: Coinbase

    Institutional investors are increasingly bullish on cryptocurrency, with 83% saying they plan to up crypto allocations in 2025, according to a March 18 report by Coinbase and EY-Parthenon. Already, nearly three-quarters of firms surveyed said they hold cryptocurrencies other than Bitcoin and Ether, and a “significant majority” said they plan to boost crypto allocations to…

    Victim of a crypto scam? Here’s what to do next

    Beware of various forms of cryptocurrency scams Cryptocurrency scams can manifest in various forms, often preying on the lack of regulation and the complexity of blockchain transactions.  You must be aware of common tactics used in cryptocurrency scams. These include: Phishing scams: Attackers send fraudulent emails or messages that mimic legitimate cryptocurrency platforms. Victims may be tricked into providing…

    Arbitrum devs launch incubator-style program ‘Onchain Labs’

    Offchain Labs, the developers of Ethereum layer-2 network Arbitrum, have announced a partnership with the Arbitrum Foundation to launch a new incubator-style program called Onchain Labs. According to a March 17 post by Offchain Labs, the new incubator is aimed at rapidly adding to Arbitrum’s existing decentralized application (DApp) offerings with a particular focus on supporting “innovative and experimental” projects….

    Ethena Labs, Securitize launch blockchain for DeFi and tokenized assets

    Stablecoin developer Ethena Labs and real-world asset (RWA) tokenization company Securitize are launching a new blockchain for retail and institutional investors seeking access to the DeFi and tokenization economies. According to a March 17 announcement, the forthcoming Converge blockchain is an Ethereum Virtual Machine that will provide retail investors with access to “standard DeFi applications.” It…

    Web3 has a metadata problem, and it’s not going away

    Opinion by: Casey Ford, PhD, researcher at Nym Technologies Web3 rolled in on the wave of decentralization. Decentralized applications (DApps) grew by 74% in 2024 and individual wallets by 485%, with total value locked (TVL) in decentralized finance (DeFi) closing at a near-record high of $214 billion. The industry is also, however, heading straight for…