Author Archives: admin

Cboe seeks to add staking to Fidelity’s Ether ETF

Securities exchange Cboe BZX is seeking permission from US regulators to incorporate staking into Fidelity’s Ether exchange-traded fund (ETF), according to a March 11 filing.  The filing marks Cboe’s latest attempt to support staking for the Ether (ETH) funds traded on its US exchange.  Cboe’s proposed rule change would allow Fidelity Ethereum Fund (FETH) to […]

EU watchdogs scrutinizing OKX over $100M in Bybit laundered funds: Report

European Union regulators are reportedly looking into a service offered by crypto exchange OKX that may have played a role in the laundering of $100 million in funds from the Bybit hack, according to Bloomberg. A March 11 Bloomberg report citing people familiar with the matter claims that national watchdogs from the EU’s member states […]

CoreWeave strikes $11.9B deal with OpenAI to deliver AI infrastructure

CoreWeave announced on March 11 that it had struck a five-year deal worth up to $11.9 billion with OpenAI, the nonprofit research and development company that created ChatGPT. Through the deal, OpenAI will become an investor in CoreWeave through the issuance of $350 million of stock, while CoreWeave will deliver AI infrastructure. The deal comes […]

Decentralization clashes with illicit activity

THORChain has been called a money laundering protocol — a label no decentralized finance (DeFi) project wants unless it’s prepared to have regulators breathing down its neck. Its supporters have fended off the criticism by championing decentralization, while its critics point to recent activities that showed some of the protocol’s centralized tendencies. After exploiting Bybit […]

Bitcoin dips below $80K as Trump Canada tariffs halt BTC price comeback

Bitcoin (BTC) cooled a 7% rebound after the March 11 Wall Street open as familiar headwinds sparked market jitters. BTC/USD 1-hour chart. Source: Cointelegraph/TradingView Bitcoin, stocks deflate on fresh tariffs letdown Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it touched local highs of $82,154 on Bitstamp before consolidating. US JOLTS job openings […]

Why is Ethereum (ETH) price down today?

Ether (ETH) price declined by over 11.75% in the last 24 hours to around $1,900. At its intraday low, the cryptocurrency was trading for $1,755, its lowest price since October 2023. ETH/USD four-hour price chart. Source: TradingView Several factors appear to be contributing to ETH price losses, including: US recession fears and its overall impact […]

Why is Ethereum (ETH) price down today?

Ether (ETH) price declined by over 11.75% in the last 24 hours to around $1,900. At its intraday low, the cryptocurrency was trading for $1,755, its lowest price since October 2023. ETH/USD four-hour price chart. Source: TradingView Several factors appear to be contributing to ETH price losses, including: US recession fears and its overall impact […]