Technology
Sony Group has launched its own blockchain, Soneium, in partnership with Singapore-based Startale Labs. This new public Ethereum layer-2 network aims to mainstream Web3 technology by addressing issues such as scalability and efficiency. Built on Optimism's OP Stack, Soneium is designed to attract developers from various sectors including
Finance
RCO Finance (RCOF) has emerged as a notable competitor to Uniswap (UNI) and Aave in the decentralized finance (DeFi) sector with its Crypto AI Innovation. This platform's AI advisor aids traders in selecting optimal investment assets, reducing the need for constant market monitoring and minimizing human errors and
Finance
The launch of Ethereum exchange-traded funds (ETFs) has coincided with significant volatility in both cryptocurrency and traditional stock markets. The Nasdaq index experienced its most substantial drop in months, which paralleled a 3.5% decline in the cryptocurrency market over the past 24 hours. Bitcoin, for example, saw its value
Finance
Galaxy Digital Holdings Ltd. has acquired nearly all assets of CryptoManufaktur LLC (CMF), a blockchain node operator. This acquisition significantly increases Galaxy's Ethereum assets under stake by about $1 billion, bringing the firm's total to approximately $3.3 billion. The transaction aims to bolster Galaxy'
Finance
The cryptocurrency market experienced significant volatility this week, with major coins like Bitcoin and Ethereum seeing sharp declines. Bitcoin dropped below the $60,000 mark, while Ethereum fell below $3,000. This downturn extended to various altcoins, with Ethena, Notcoin, and ORDI losing over 25% of their value. Ethena, Notcoin,
Finance
A survey conducted by Harris Poll on behalf of Grayscale has revealed that nearly 25% of US voters are interested in investing in Ethereum Spot ETFs if they are approved. This indicates a significant shift in attitudes towards cryptocurrency investments ahead of the 2024 US Presidential election. The survey also
Finance
The U.S. Securities and Exchange Commission (SEC) has requested revisions on the S-1 forms for prospective spot Ethereum ETFs, delaying their anticipated launch. The SEC returned the forms with minor comments and asked issuers to refile by July 8, indicating that at least one more round of filings will
Finance
The U.S. Securities and Exchange Commission (SEC) has filed a lawsuit against ConsenSys Software Inc., alleging that the company has been operating as an unregistered broker and engaging in the unregistered offer and sale of securities through its MetaMask platform. According to the SEC, since 2016, ConsenSys has facilitated
Finance
Standard Chartered is set to establish a spot trading desk for Bitcoin and Ether, becoming one of the first major international banks to enter direct spot cryptocurrency trading. The trading desk will operate from London and will be integrated into the bank's existing FX trading unit. This move