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On October 5th, the Sui Foundation announced the allocation of 117 million SUI tokens to establish a new ecosystem development fund, valued at $51 million USD at the time of writing. The tokens were unlocked from Sui's Community Reserve and will not affect the current circulating supply. Sui
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Binance's decision to cease BUSD lending and staking illustrates its phased "isolation" of BUSD leading up to February 2024. Binance Halts BUSD Lending and Staking Before October 25 According to an announcement on October 3, Binance will halt its lending, borrowing, and staking services for the
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As part of its "Polygon 2.0" development roadmap, the Polygon ecosystem has deployed smart contracts for the POL token on the Goerli testnet. Polygon Deploys POL Token on Goerli Testnet Previously, the Polygon community proposed replacing the current MATIC token with a new token format, POL. However,
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ETF Ethereum futures have had a challenging initial trading period, though it's premature to draw long-term conclusions. ETF Ethereum futures launch with lackluster debut. Photo: U Today As of 11:15 PM on October 2nd (Vietnam time), the trading volume for ETF Ethereum futures was approximately $2 million
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According to experts at Bloomberg, there's a strong likelihood that up to 9 Ethereum Futures ETFs will launch on October 2, 2023. Series of Ethereum Futures ETFs Could Launch This Week. Photo: Reuters It's predicted by Bloomberg's Eric Balchunas that ETFs from ProShares, Bitwise,
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The cryptocurrency market has seen positive growth at the beginning of October 2023 as the price of Bitcoin (BTC) surpassed the $28,000 mark. Fluctuations of top cryptocurrencies compared to a day ago. Screenshot from Coin360 taken at 03:50 PM on October 2, 2023 At the start of October
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Grayscale has submitted an application to the U.S. Securities and Exchange Commission (SEC) to convert the Grayscale Ethereum Trust (ETHE) into an Ethereum spot ETF. Grayscale files to convert ETHE Trust into Ethereum spot ETF with SEC. Photo: CryptoSlate On the evening of October 2nd, crypto investment management firm
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October 2023 will witness the unlocking of tokens from 30 projects, totaling nearly USD 175 million, similar to the previous month. Notable Token Unlock Events in October 2023. Image: Investopedia According to Token Unlocks statistics, the crypto industry in October is set to see over USD 174 million worth of
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The Multichain development team has announced a "rebirth" of the project under a new name. Multichain Makes a Comeback? In their latest post from the official Multichain X account, the development team revealed plans to relaunch cross-chain technology on their existing platform, now rebranded as "ValueRouter."
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Ripple will not proceed with the acquisition of Fortress Trust. Photo: U. Today Despite initially considering the acquisition earlier this month, Ripple recently reversed its decision. The information was shared directly by Ripple CEO Garlinghouse on his personal X account (Twitter): "A few weeks ago, we expressed interest in
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Similar to Bitcoin ETFs, the U.S. Securities and Exchange Commission (SEC) has opted to delay two Ethereum spot ETF proposals from major Wall Street players. SEC Delays Two Ethereum Spot ETF Proposals from ARK Invest and VanEck In its latest decision early on September 28 (Vietnam time), the U.
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The U.S. Securities and Exchange Commission (SEC) has decided to postpone ARK Invest's Bitcoin ETF proposal to early 2024. SEC Delays ARK Invest's Bitcoin ETF Proposal to January 2024 In its latest ruling, the U.S. Securities and Exchange Commission (SEC) has extended the decision