USDC-Issuer Circle Partners with Sony to Expand Stablecoin Adoption via Soneium

USDC-Issuer Circle Partners with Sony to Expand Stablecoin Adoption via Soneium

In August, electronics giant Sony launched Soneium, a layer-2 blockchain, and established Sony Block Solutions Labs (Sony BSL) to spearhead its blockchain ventures. In a recent development, Circle, the issuer of the USDC stablecoin, has partnered with Sony to expand the USDC ecosystem through the Soneium blockchain. This collaboration also…

US Ether ETF Launch Timing Depends on How Fast Issuers Can Move, SEC Chair Says

US Ether ETF Launch Timing Depends on How Fast Issuers Can Move, SEC Chair Says

The timing for when exchange-traded funds (ETFs) tied to the cryptocurrency ether can begin trading depends largely on how quickly issuers respond to the U.S. Securities and Exchange Commission’s queries, Chair Gary Gensler said on Wednesday. The SEC last month approved applications from Nasdaq, CBOE and NYSE to list spot…

Solana Blockchain Beats Ethereum on Popularity Quotient, Memecoins Contribute

Solana Blockchain Beats Ethereum on Popularity Quotient, Memecoins Contribute

Crypto enthusiasts are seemingly taking advantage of the ongoing bull run, generating major activities across blockchain networks. The eco-friendly Solana blockchain, on the scale of most popular, has managed to defeat Ethereum in recent days. The credit for this goes to the frenzy of Solana-based NFTs and memecoins that have…

US Ether ETF Launch Timing Depends on How Fast Issuers Can Move, SEC Chair Says

US SEC to Approve Ethereum ETF in May, Standard Chartered Predicts

The US Securities and Exchange Commission is likely to allow exchange-traded funds to hold the cryptocurrency Ethereum in May, Standard Chartered predicts. May 23 is the last date by which the agency must consider ETF applications from VanEck and Ark 21Shares, the bank said in a research report Tuesday. The…

NFTs Start Climbing Up Price Ladders Again as Bitcoin, Ether Show Continuous Rally

NFTs Start Climbing Up Price Ladders Again as Bitcoin, Ether Show Continuous Rally

The market for non-fungible tokens (NFTs) seems to be on a revival sprint now that the crypto market is on a bull run. With cryptocurrencies like Bitcoin, Ether, Solana, and Polygon pumping in value, a bunch of NFT series associated with these altcoins have started to be climb up the…

Magic Eden Launches Crypto Wallet with Cross-Chain Workability: Details

Magic Eden Launches Crypto Wallet with Cross-Chain Workability: Details

Magic Eden, which is an online marketplace for NFT sales, is adding more functionalities and capabilities to its platform to attempt to revive people’s interest in digital collectibles after a visible sector slowdown. The platform has now decided to launch a crypto wallet browser extension, that will be compatible with…

Cathie Wood’s Ark Invest and 21Shares File for First Spot-Ether ETF in the US: Details

Cathie Wood’s Ark Invest and 21Shares File for First Spot-Ether ETF in the US: Details

Cathie Wood’s Ark Invest and crypto investment firm 21Shares are seeking regulatory approval to set up an exchange-traded fund (ETF) that would directly hold ether, according to a filing with the US Securities and Exchange Commission (SEC) on Wednesday. It is the first attempt to list a fund in the…

Ethereum’s Shanghai Upgrade Results in Just Over 1 Million Token Withdrawals, No Market Upheaval: Details

Ethereum’s Shanghai Upgrade Results in Just Over 1 Million Token Withdrawals, No Market Upheaval: Details

The Ethereum blockchain underwent the Shanghai upgrade last week, but has not seen any upheaval in the market that was predicted by members of the crypto community. The withdrawals of staked ETH tokens amounted for only over 1 million tokens over the last five days. This did not shake up…

US Ether ETF Launch Timing Depends on How Fast Issuers Can Move, SEC Chair Says

Ethereum’s Shanghai Upgrade, First Major One Since Merge, Is Complete: Binance

The software that underpins the second-biggest crypto coin ether was upgraded on Wednesday and is online, cryptocurrency exchange Binance said in a tweet. The move will give investors access to more than $30 billion (roughly Rs. 2,45,877 crore) of the digital tokens. Known as Shapella, the latest upgrade to the…