Author: NBTC
Grayscale has announced the rollout of an innovative Grayscale Optimism Trust. The new digital currency investment trust provides solutions that broaden and enhance the application of the Ethereum ecosystem. The Grayscale Optimism Trust allows investors to gain exposure to $OP, the governance token for the OP collective. Optimism aims to solve liquidity fragmentation through its OP tech stack.Learn more & see important disclosures: https://t.co/4YJjx6EFCp pic.twitter.com/GhopX7Wp8P — Grayscale (@Grayscale) December 27, 2024 Why launch this trust? The trust provides digital asset users with exposure to the Optimism protocol. It allows investors to invest in Optimism cryptocurrency, a native token for the…
Some withdrawals made by Turkish users from the cryptocurrency exchange Binance TR to their bank accounts appeared as rental income on the e-Government platform, causing confusion among users. According to some posts made on X, when users make withdrawals, even if they have lost money in cryptocurrency transactions, the withdrawals are seen as rental income in the system. The issue may have arisen from the fact that Binance TR may have made some withdrawals as “rent payments”. However, no official statement has yet been made from the exchange. Let us remind you that this issue concerns users of Binance TR,…
The price of Bitcoin (BTC) is still fluctuating like a roller coaster, raising concerns among traders and investors. Despite the current market situation, Bitcoin proponent and JAN3 CEO Samson Mow has renewed confidence in the coin’s prospects. Samson Mow calms investors Reacting on the social media platform X, Samson Mow said he is still bullish on the leading cryptocurrency: “I’m still bullish,” Mow wrote. His comments may have been a relief to worried Bitcoin traders and investors. Mow’s confidence in Bitcoin’s future trajectory hinges on the coin’s ability to fight against economic turbulence, like inflation. He also believes that Bitcoin…
Equadyne Finance has started the pre-sale of its native token, EQN, as part of its broader mission to simplify decentralized finance (DeFi) investing. The platform seeks to address key challenges in the sector, including complex onboarding, fragmented tools, and security concerns. One-Click DeFi Access: Equadyne Streamlines User Experience With the integration of EQN into its platform, Equadyne introduces a more streamlined user experience. A single email login grants users access to a dashboard that automatically connects their wallets and assets. This removes the need for manual transactions or private key management. It provides a seamless way for users to manage…
Japan may change its classification of digital assets from payment methods to financial products, a move that would increase regulatory oversight for issuers. The move is in response to an increasing number of investment scams in the country as the digital asset market has grown to roughly JPY 4.5 trillion (US$30.11 billion) in recent years. Japan’s financial regulator, the Financial Services Agency (FSA), proposes that the national government review the change by the middle of 2025. It would place digital (or “crypto”) assets under the Financial Instruments and Exchange Act, similar to company shares. Although there are technically already registration…
The cryptocurrency market is abuzz with speculation after Volatility Shares, an asset manager with a track record of innovation in the ETF space, filed for three new exchange-traded funds (ETFs) linked to Solana (SOL) futures contracts. This development signals a potential shift in the regulatory and investment landscape for digital assets, raising intriguing possibilities for Solana’s future. Breaking Down the Filing Volatility Shares’ filing is noteworthy for several reasons: CFTC Focus: The prospectus specifies that the ETFs will invest exclusively in futures contracts traded on Commodity Futures Trading Commission (CFTC)-regulated exchanges. However, no such Solana futures contracts currently exist on…
Uniswap Labs has integrated Transak’s off-ramp capabilities into the Uniswap Wallet. This integration allows users to convert their crypto assets into fiat currency directly within the app. The update enhances Uniswap Wallet’s functionality, making it a more comprehensive solution for managing digital assets, according to a release shared with crypto.news. Turn your crypto into cash with Uniswap wallet 👀Fiat offramping is now live, making it easier than ever to move between crypto and cashNo extra steps. No hassle. pic.twitter.com/mIL5ZtFLPD — Uniswap Labs 🦄 (@Uniswap) February 27, 2025 You might also like: Crypto hack: Mask Network CEO loses $4m in 11…
Jupiter (JUP) optimizes decentralized exchange functionality on Solana offer unique features like Limit Orders and DCA to enhance trading efficiency. Optimism (OP) scales Ethereum’s ecosystem with optimistic rollups reduce congestion and enabling smooth transactions on its layer-two network. Maker (MKR) governs the MakerDAO ensure stability through DAI a reliable stablecoin for DeFi, supporting the long-term growth of decentralized finance. These three promising projects are set to dominate the decentralized finance (DeFi) ecosystem leveraging cutting-edge technologies to improve scalability, liquidity, and stability. From Jupiter innovative Solana DEX aggregation to Optimism Ethereum scalability solutions and Maker stability through DAI. These platforms are…
The crypto sector has been going through an increased activity over the past few days. As per the exclusive data provided by CoinShares, the crypto ETF market has witnessed massive outflows in the United States as the tariff uncertainty is growing to a significant extent. The popular investment platform took to its official X account to reveal the surging crypto ETF outflows. CoinShares Daily Flows – 27 Feb. 2025 The crypto market has been active in recent days amid uncertainty over U.S. tariffs. Let’s examine the data from yesterday (26 Feb. 2025), when U.S. Bitcoin and Ether ETFs saw significant…
Crypto was awash with free money this year, as projects doled out hefty sums of tokens to intrepid users and devoted communities via airdrops. With animal spirits returning to the crypto market alongside Bitcoin’s record-setting climb, some handouts dwarfed those that turned heads in 2023. Tallying up just this year’s top five airdrops, users and communities walked away with over $19 billion worth of free internet moolah. These are some of airdrops that made a sizable splash in 2024, based on their associated token’s peak value. They range from decentralized finance (DeFi) fledglings to established NFT brands, along with everything…