The investment firm sold 237,983 BITO shares worth $6.7 million at Thursday’s closing price of $28.22 from its Next Generation Internet ETF (ARKW).
Bitcoin Mining Pool ViaBTC Sells ‘Epic’ First Post-Halving Sat for $2.13M
The pool mined the first block after last week’s halving, winning an “epic” sat in the process.
EigenLayer-Powered Aligned Layer Raises $20M to Make ZK Proofs Faster, Cheaper on Ethereum
The fundraise was led by Hack VC and included contributions from DAO5, L2Iterative, NomadCapital_io, FinalityCap, Symbolic VC and Theta Capital.
Bitcoin Blockchain Undergoes Fourth Halving in 15-Year History, in Show of Monetary Policy Set by Code
Soccer has the World Cup. Athletics and many other sports have the Olympics. Crypto has the halving. The milestone in the blockchain’s 15-year history technically means a cut in rewards for crypto miners with each block – a feature designed to minimize inflation.
Tether Reorganizes Into 4 Divisions as It Expands Beyond Stablecoins
The company has formed four divisions to reflect its broadening focus: Data, Finance, Power and Edu(cation).
Runes, Casey Rodarmor’s Protocol for ‘Sh!tcoins’ on Bitcoin, Set to Go Live at Halving
Rodarmor created last year’s breakout Ordinals protocol, which is used to create non-fungible tokens (NFTs) on Bitcoin. Now, he says the relevance of protocols like his new Runes, used to create fungible tokens, is set to grow.
Bitcoin Halving Has Crypto Miners Racing for ‘Epic Sat’ Potentially Worth Millions
Bitcoin’s once-every-four-years “halving” this week may be very different from those of earlier epochs, typically ho-hum affairs. Now, an intense competition is underway to mine the first block after the halving, which could contain a rare and collectible fragment of a bitcoin known as an “epic sat.”
TON Foundation Teams Up With HashKey to Drive Crypto On-Ramping in Telegram
HashKey and the Foundation are focussing their partnership on Hong Kong in the first phase.
Alpen Labs Looks to Scale Bitcoin With Zero-Knowledge Proofs Using $10.6M Funding
Alpen Labs has emerged from stealth mode following the funding round, having spent the last year developing Bitcoin rollup infrastructure to bring smart contract functionality to the network.
Grayscale CEO Says Bitcoin ETF Outflows Are Reaching Equilibrium: Reuters
Sonnenshein said that some of the selling connected to settlements of bankrupt crypto companies like FTX are “largely behind us.”
Filecoin Liquid Staking Platform STFIL Claims Team Members Under Investigation by Chinese Police
Tokens on the platform were moved to an “unknown, external address” last week while its team members were under detention.
Crypto VC Firm Polychain Tops Up AI Platform Ritual’s $25M Funding Round With ‘Multimillion Dollar’ Investment
Blockchain firms are attempting to address concerns that Big Tech giants like Microsoft, Meta and Alphabet will build an artificial-intelligence oligarchy.
DWS, Galaxy Digital List Exchange-Traded Commodities Offering BTC, ETH Exposure in Germany
The products, which track the performance of the two largest cryptocurrencies by market value, carry a fee of 0.35% and were listed on the Deutsche Boerse on Thursday.
Google Takes Legal Action Against Alleged Crypto Scammers for Uploading Fraudulent Apps
The defendants are said to have committed hundreds of acts of wire fraud, “causing harm to Google and at least approximately 100,000 Google users.”
Crypto Funds Saw Inflows of $862M Last Week Following $1B of Outflows the Week Before: CoinShares
The recovery from the week before coincided with a recovery in BTC’s price which sat at just under $70,000 on March 29, up nearly 10% on a week earlier.
Ethena Labs’ ENA Token Goes Live, Starts Trading at 64 Cents
Ethena has invited holders of USDe to claim their share of the airdrop of 750 million ENA tokens, equating to 5% of the total supply.
ARK 21Shares Bitcoin ETF Hits $200M Daily Inflows for First Time
The bitcoin ETF market registered net inflows of $243.4 million as BTC teased a return north of $72,000 a week after sinking below $63,000.
BOB, a ‘Hybrid’ Layer-2 Blockchain Mixing Bitcoin and Ethereum, Raises $10M
The round was led by Castle Island Ventures and included participation from Mechanism Ventures, Bankless Ventures, CMS Ventures and UTXO Management.
21Shares Lists ETP for Staking Telegram-Endorsed Token TON
The 21Shares Toncoin Staking ETP (TONN) listed on Swiss SIX Exchange on Wednesday.
Three Decentralized Platforms to Merge AI Tokens, Create AI Alliance
The three firms are seeking to create an AI collective to provide a decentralized alternative to existing projects that are controlled by Big Tech.