Bitwise has made waves by officially filing an S-1 with the SEC for an exchange-traded fund linked to Ripple's XRP, just a day after registering an "XRP ETF" trust in Delaware. CEO Hunter Horsley announced the move on X, emphasizing XRP’s long-standing appeal among investors. XRP, currently the seventh-largest cryptocurrency with a $33 billion market cap, is now in a race with bitcoin and Ethereum, which already have ETF options available. However, while the S-1 filing is a key step, Bitwise ...

Bitwise has made waves by officially filing an S-1 with the SEC for an exchange-traded fund linked to Ripple's XRP, just a day after registering an "XRP ETF" trust in Delaware. CEO Hunter Horsley announced the move on X, emphasizing XRP’s long-standing appeal among investors. XRP, currently the seventh-largest cryptocurrency with a $33 billion market cap, is now in a race with bitcoin and Ethereum, which already have ETF options available. However, while the S-1 filing is a key step, Bitwise ...

FTX is set to return nearly $17 billion to creditors after its collapse rocked the crypto world two years ago, landing founder Sam Bankman-Fried in jail. A Delaware judge has approved a plan for cash compensation, allowing affected customers to recoup about 119% of their deposits. While this is welcome news, many users are frustrated. They’re receiving payouts based on crypto values at the time of FTX's downfall—when Bitcoin was at $20,000 and Ethereum at $1,200. Today, those prices have soar...

FTX is set to return nearly $17 billion to creditors after its collapse rocked the crypto world two years ago, landing founder Sam Bankman-Fried in jail. A Delaware judge has approved a plan for cash compensation, allowing affected customers to recoup about 119% of their deposits. While this is welcome news, many users are frustrated. They’re receiving payouts based on crypto values at the time of FTX's downfall—when Bitcoin was at $20,000 and Ethereum at $1,200. Today, those prices have soar...

Optimism has launched its fifth airdrop, distributing 10.3 million OP tokens (worth $16 million) to 54,700 Superchain users! To qualify, participants needed to interact with at least 20 contracts on the Superchain between March 15 and September 15, 2024. This airdrop rewards those who actively contributed to the Superchain ecosystem, which includes various chains like OP Mainnet and Base. Users can claim their tokens until February 13, 2025. With this round, Optimism has distributed over 265 ...

Optimism has launched its fifth airdrop, distributing 10.3 million OP tokens (worth $16 million) to 54,700 Superchain users! To qualify, participants needed to interact with at least 20 contracts on the Superchain between March 15 and September 15, 2024. This airdrop rewards those who actively contributed to the Superchain ecosystem, which includes various chains like OP Mainnet and Base. Users can claim their tokens until February 13, 2025. With this round, Optimism has distributed over 265 ...

Elon Musk claims prediction markets are more accurate than polls, and his recent endorsement of Donald Trump has given the former president a 2.5-point lead over Kamala Harris on Polymarket. However, Trump is still behind in Nevada, a critical state that has historically predicted election outcomes. At a rally in Butler, Pennsylvania, Musk declared, “I am not just MAGA, I am Dark MAGA,” emphasizing threats to free speech and voting rights. Despite Trump's national lead, he struggles in swing ...

Elon Musk claims prediction markets are more accurate than polls, and his recent endorsement of Donald Trump has given the former president a 2.5-point lead over Kamala Harris on Polymarket. However, Trump is still behind in Nevada, a critical state that has historically predicted election outcomes. At a rally in Butler, Pennsylvania, Musk declared, “I am not just MAGA, I am Dark MAGA,” emphasizing threats to free speech and voting rights. Despite Trump's national lead, he struggles in swing ...

PayPal has completed its first business transaction using its PYUSD stablecoin, paying an invoice to accounting giant Ernst & Young. The move aims to showcase how easy and efficient digital currencies can be for commercial payments. The payment was made through an enterprise-level digital currency hub, with the funds deposited into Ernst & Young’s Coinbase account. While PYUSD’s market cap has dipped from over $1 billion to around $716 million, PayPal is focused on expanding its digital asset...

PayPal has completed its first business transaction using its PYUSD stablecoin, paying an invoice to accounting giant Ernst & Young. The move aims to showcase how easy and efficient digital currencies can be for commercial payments. The payment was made through an enterprise-level digital currency hub, with the funds deposited into Ernst & Young’s Coinbase account. While PYUSD’s market cap has dipped from over $1 billion to around $716 million, PayPal is focused on expanding its digital asset...

HBO's documentary "Money Electric: The Bitcoin Mystery" claims Peter Todd is the elusive Satoshi Nakamoto, the creator of Bitcoin. Todd, a former Bitcoin developer, quickly refuted this on X. The nearly two-hour film features interviews and clues leading to Todd, who playfully engages with the filmmaker but ultimately denies being Nakamoto. This revelation has sparked significant debate online, with crypto enthusiasts criticizing the film's conclusions. Directed by Cullen Hoback, known for ta...

HBO's documentary "Money Electric: The Bitcoin Mystery" claims Peter Todd is the elusive Satoshi Nakamoto, the creator of Bitcoin. Todd, a former Bitcoin developer, quickly refuted this on X. The nearly two-hour film features interviews and clues leading to Todd, who playfully engages with the filmmaker but ultimately denies being Nakamoto. This revelation has sparked significant debate online, with crypto enthusiasts criticizing the film's conclusions. Directed by Cullen Hoback, known for ta...

Ubisoft, the studio behind Assassin’s Creed, is set to launch its first crypto game, "Champions Tactics," on PC on October 23. This web3 RPG lets players collect and battle with 75,000 digital Champions—unique NFTs that can be traded. The game marks Ubisoft's deepening exploration of blockchain technology, following a mixed reception to its earlier NFT ventures. Notably, the Champions mint in July sold out in minutes and generated over $8 million in trading volume, reflecting strong community...

Ubisoft, the studio behind Assassin’s Creed, is set to launch its first crypto game, "Champions Tactics," on PC on October 23. This web3 RPG lets players collect and battle with 75,000 digital Champions—unique NFTs that can be traded. The game marks Ubisoft's deepening exploration of blockchain technology, following a mixed reception to its earlier NFT ventures. Notably, the Champions mint in July sold out in minutes and generated over $8 million in trading volume, reflecting strong community...

HBO is diving into the mystery of Bitcoin's elusive creator, Satoshi Nakamoto, with its new documentary "Money Electric: the Bitcoin Mystery," set to premiere Tuesday. Directed by Cullen Hoback, who previously exposed the identity behind QAnon, this film claims to reveal Satoshi's true identity. However, the search for Satoshi has a rocky history. In 2014, Newsweek's Leah McGrath Goodman wrongly identified Dorian Nakamoto as the creator, a claim he vehemently denied. The following year, Craig...

HBO is diving into the mystery of Bitcoin's elusive creator, Satoshi Nakamoto, with its new documentary "Money Electric: the Bitcoin Mystery," set to premiere Tuesday. Directed by Cullen Hoback, who previously exposed the identity behind QAnon, this film claims to reveal Satoshi's true identity. However, the search for Satoshi has a rocky history. In 2014, Newsweek's Leah McGrath Goodman wrongly identified Dorian Nakamoto as the creator, a claim he vehemently denied. The following year, Craig...

Franklin Templeton is stepping into the crypto space with plans for a new index ETF, the Franklin Crypto Index ETF. Filed on Aug. 16, the fund will track the CF Institutional Digital Asset Index, which currently includes only Bitcoin and Ethereum. The ETF aims to mirror the index’s crypto allocations, but may add more digital assets in the future. This move marks a shift in the growing market for crypto index ETFs, following the launch of Bitcoin and Ether ETFs earlier this year. Katalin Tisc...

Franklin Templeton is stepping into the crypto space with plans for a new index ETF, the Franklin Crypto Index ETF. Filed on Aug. 16, the fund will track the CF Institutional Digital Asset Index, which currently includes only Bitcoin and Ethereum. The ETF aims to mirror the index’s crypto allocations, but may add more digital assets in the future. This move marks a shift in the growing market for crypto index ETFs, following the launch of Bitcoin and Ether ETFs earlier this year. Katalin Tisc...

EigenLayer reported a serious incident where a "malicious attacker" hijacked the transfer of $5.5 million worth of its tokens. Initially intended for a legitimate recipient, the funds were mistakenly sent to the attacker, who quickly converted them into stablecoins and moved them to centralized exchanges. The protocol has confirmed that a compromised email thread led to this error, and law enforcement has already frozen some of the stolen funds. EigenLayer is investigating the matter, noting ...

EigenLayer reported a serious incident where a "malicious attacker" hijacked the transfer of $5.5 million worth of its tokens. Initially intended for a legitimate recipient, the funds were mistakenly sent to the attacker, who quickly converted them into stablecoins and moved them to centralized exchanges. The protocol has confirmed that a compromised email thread led to this error, and law enforcement has already frozen some of the stolen funds. EigenLayer is investigating the matter, noting ...