Uniswap’s UNI token rose about 19% over the past 24 hours as on-chain voting began on a major government proposal that would enable protocol fees and introduce a long-discussed UNI burning mechanism. UNI began climbing shortly after the voting period opened at 03:50 UTC on December 20, according to Uniswap management data. A one-day UNI-USD […]
UNI rises after vote opens for proposal to strike protocol fees Read More »
There were no markup hearings in the past week on market structure legislation. Legislators still hold their firm positions close to the West. The question changes from “will we get a market structure bill this year” to “will Congress have enough time to push this bill across the finish line?” You’re reading State of Crypto,
Trying to find out the market structure of the bill forecast Read More »
VanEck has updated its filing for an Avalanche exchange-traded fund, VAVX, to include stake rewards and generate income for investors. In an amended S-1 filed with the US Securities and Exchange Commission, the firm revealed that the fund can stake up to 70% of its AVAX holdings to generate returns, with Coinbase Crypto Services listed
VanEck’s new Avalanche ETF application includes stake rewards for AVAX investors Read More »
Hilbert Group (HILB), a Swedish investment firm specializing in algorithmic trading within the cryptocurrency market, has acquired high-frequency trading platform Enigma Nordic in a $32 million deal. The move gives Hilbert access to Enigma’s proprietary trading system, which executes market-neutral strategies across global cryptocurrency exchanges, the companies said in a press release. Enigma said it
Hilbert Group buys Enigma Nordic in $32 million deal to boost crypto trading edge Read More »
A crypto user lost $50 million in USDT after falling for an address poisoning scam in a massive onchain exploit. The theft, discovered by Web3 security firm Web3 Antivirus, happened after the user sent a $50 test transaction to confirm the destination address before transferring the rest of the funds. Loading… Within minutes, a fraudster
Victim Offers $1M Bounty, Legal Threat After $50M Crypto Theft Read More »
Quantum computing and the threat it poses to encrypted blockchains have once again crept into online bitcoin conversations, raising concerns that it poses a long-term risk that investors and developers are still struggling to talk about in the same language. The latest flare-up in the debate followed comments from prominent Bitcoin developers pushing back against
Bitcoin’s quantum debate is resurfacing and markets are starting to take notice Read More »
In Brazil, cryptocurrency adoption is not being led by traders betting big on volatile tokens. It is being shaped by younger, more cautious investors who often use stablecoins and tokenized bonds as a way to protect their wealth. According to new data from local cryptocurrency exchange Mercado Bitcoin, shared with CoinDesk via a report titled
Brazil’s Generation Z Drives Crypto Boom As Stable Coins, Income Tokens Rise Read More »
It has become fashionable lately to reject bitcoins BTC$88,182.70 the four-year cycle – and the inevitable boom and bust it entails – as an anachronism. Just in the past week, Bitwise’s Matt Hougan and ARK Invest’s Cathie Wood have thrown their considerable weight behind the idea of rejecting the four-year cycle. Each noted the ETFs,
Bitcoin’s (BTC) four-year cycle is working as expected Read More »
Spot bitcoin ETF investors may have turned out to be anything but momentum chasers this year. While it’s no secret that BlackRock’s iShares Bitcoin Trust (IBIT) has been wildly successful since it opened in January 2024, data compiled by Bloomberg’s crack ETF analyst Eric Balchunas shows that success in a different light. So far in
IBIT posted $25 billion in inflows by 2025, even as returns turned negative Read More »
The UK’s long-promised crypto regulatory regime moved closer to reality this week as the Financial Conduct Authority (FCA) unveiled its consultation that will ultimately define how crypto firms operate in the UK. Together with legislation from HM Treasury, the proposals form the backbone of a framework scheduled to come into force in October 2027. For
Consultations from the FCA signal new market rules ahead of 2027 Read More »
