Wells Fargo Files Trademark for ‘WFUSD’ Crypto Services Platform
US banking giant Wells Fargo has filed a trademark application covering a wide range of cryptocurrency trading, payments and blockchain software services.A filing submitted to the US Patent and Trademark Office (USPTO) on Tuesday seeks…
Vitalik Buterin Urges Crypto Community to Rethink Democratic Tools Amid Global Authoritarian Shift
TLDR:
Vitalik Buterin warns that enthusiasm for DAOs, quadratic funding, and ZK voting tools is rapidly declining globally.
Buterin contrasts the stable 2000s era of bold democratic vision with today’s chaotic, power-driven…
Ether Funding Turns Negative, But Bears Remain In Control: Why?
Key takeaways:Ether price struggled as investors pulled $225 million from the spot ETFs, and Ethereum staking rewards underperformed compared to stablecoin yields.Recent Ethereum network upgrades and plans for improved wallet security are…
South Korea’s FIU warns Bithumb of a six-month ban as Bitcoin exchange flows fall
While there is a lot of discussion around the growing adoption of cryptocurrencies, the industry has also seen a sharp rise in scams, hacks, and other illicit activities.
On 09 March, South Korea’s Financial Intelligence Unit…
Crypto is Just Finance on Different Infrastructure: ASIC
Blockchain and crypto are technologies performing the same functions as existing financial infrastructure, so they shouldn’t be treated as separate asset classes when crafting legislation, according to the fintech chief of Australia’s…
BTC Leads Recovery While Altcoin Indicators Hit Cycle Lows
Bitcoin’s (BTC) recent recovery above $71,000 suggests that the price bottom is officially in, and bullish momentum can be seen across the crypto market. TOTAL2, which tracks the market cap of all crypto assets excluding Bitcoin, has held…
80% of Corporate Holders Now Underwater
Nearly 80% of corporate Bitcoin holders are sitting on unrealized losses as BTC trades well below the average treasury purchase price.
Around 80% of companies holding…
Sharplink Posts $734M Loss Despite Higher Staking Income
TLDR
Sharplink reported a full-year net loss of $734 million after a decline in Ethereum prices reduced the value of its holdings.
The company recorded a $616 million decrease in the value of its Ethereum treasury during the…
DOGE Trades Up Despite Today’s US ETF Launch Delay Reports
Dogecoin’s price rose Friday even as the launch of a US exchange-traded fund (ETF) tied to the memecoin was delayed again, according to a Bloomberg analyst.According to CoinMarketCap data, Dogecoin (DOGE) increased by nearly 4% over the…
Ether Leverage Use Surges As Bulls Aim To Liquidate Shorts: Is $2.5K Next?
Ether (ETH) climbed back above $2,000 on Monday as the altcoin’s derivatives market activity intensified across major exchanges. Data shows more than 110,000 Ether flowed into derivatives platforms, while a key leverage indicator surged to…