BlockFi has gone live with its new Bitcoin Trust, according to a Tuesday announcement.  The firm registered the trust with the Securities and Exchange Commission (SEC) late last month, per a public filing. With Tuesday's launch, BlockFi's bitcoin-focused trust joins the small but growing ranks of in...
From S&P Global to Cboe Global Markets, Wall Street firms are looking to launch index products that will serve as the basis for a crypto exchange-traded fund (ETF). As of this morning, Nasdaq can claim that achievement. Nasdaq announced the debut of the Hashdex Nasdaq Crypto Index ETF, which is ...
FTX-owned crypto portfolio tracking app Blockfolio has been hacked to display offensive content. Blockfolio said it is looking into the issue. Meanwhile, user funds are safe, and trading services are working fine, said the firm. ...
A hub for decentralized apps (dApps) on Polkadot has netted $2.4 million from investors, with Binance Labs leading the round. Plasm Network will use the funding to develop its Ethereum bridge, on-chain governance and Network Portal, the team behind the project has said. Plasm is a smart contract pla...
CME's ether (ETH) futures product saw 388 contracts traded on its opening day, according to Tim McCourt, CME's Managing Director and Global Head of Equity Products. That's about 19,400 ETH, or $33 million. "The response to Ether has been overwhelming," said McCourt.  Monday marked the first full tra...
The past twelve months have been good for publicly traded companies working in the digital asset space, according to data collected by The Block. As shown in the chart below, industry notables such as Galaxy Digital and Silvergate have seen their stock prices swell since early 2020, with those two f...
Bitwise, a crypto-focused asset manager and index provider, has filed a prospectus for a new exchange-traded fund tracking the performance of crypto innovators. The so-called Bitwise Crypto Innovators ETF will track the performance of companies included in the Bitwise Crypto Innovators Index, assemb...
A group of developers has set up a new bridging mechanism between the Avalanche and Ethereum blockchain networks. The bridge will allow users of DeFi tools to transfer their assets between the two ecosystems. Its creation also means that developers of DeFi projects on Ethereum will be able to offer ...
Tesla has disclosed in a recent SEC filing that it has bought $1.5 billion worth of bitcoin. "In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity," re...
Crypto exchange FTX announced Monday that it will donate 1% of net fee revenue to charities via the newly created The FTX Foundation. Last year, FTX made $85 million in fee revenue, CEO Sam Bankman-Fried told The Block, adding that for 2021, the exchange expects to make $400 million. The projections...

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