News

The latest in blockchain tech upgrades, funding announcements and deals. For the period of Aug. 8-14.

The previous two occasions when exchanges saw similar USDT outflows earlier this year occurred near local tops in bitcoin's price.

Vitalik Buterin has yet again put the trillions of crypto tokens that people routinely send to him to good use: this time, to help animals in need.  On Wednesday, the Ethereum co-founder donated $532,000 worth of ETH to the Effective Altruism Fund’s dedicated Animal Welfare Fund. The crypto, he says, came from selling off all of the “animal coins”—animal-themed, Ethereum-based meme coins—that crypto users sent him over the last year.  Meme coins routinely invoke animals—dogs, cats, ducks, you na...

A new exchange-traded fund (ETF) that gives investors a chance to maximize returns on rising MicroStrategy stock just hit the market. Dubbed MSTX and launched by Miami-based Defiance ETFs, the fund gives investors access to a leveraged position in a MicroStrategy stock investment. Typical ETFs give investors exposure to an asset—be it a security or commodity—via shares that track its price and trade on stock exchanges. A “long leverage” ETF like MSTX also holds debt to amplify its position. Retu...

Lovers of the classic card game Uno will soon be able to take the game on the road. Just don't deal and drive. German car manufacturer BMW has inked a deal with toy and game developer Mattel and gaming platform AirConsole that will bring a digital version of the game to its line of high-end automobiles, including the BMW X3, the company said on Thursday. “We’re super happy about the addition of Uno to some of our new vehicles and think lots of our customers of all ages will be as well,” a BMW sp...

For years, Grayscale Investments served as crypto’s preeminent asset manager. But nearly eight months after the debut of spot Bitcoin ETFs, the title has been claimed by BlackRock. Last Thursday, the Wall Street behemoth surpassed Grayscale in terms of assets under management (AUM) for publicly-listed crypto products, CoinShares’ Head of Research James Butterfill told Decrypt. For him, the shift in status came faster than expected. “It represents established ETF providers and their power—how qui...

Cryptocurrency wallets allegedly connected to #EndBadGovernance protesters in Nigeria are reportedly active and performing transactions, despite a court order to freeze them. The wallets contain over $37 million and were ordered to be frozen by Judge Emeka Nwite on July 9, according to a recent report by local news outlet Premium Times. However, an investigation by Techpoint Africa identified discrepancies between court documents and blockchain data, indicating these wallets may not have been fu...