Ether.fi, a leading liquid restaking protocol in the Ethereum ecosystem, has secured $23 million in a Series A funding round. The investment round was spearheaded by Bullish Capital and CoinFund, with significant contributions from other notable entities, including OKX Ventures, Foresight Ventures, Consensys, and Amber. This financial injection marks a significant milestone for the company, […]
Coinbase Outage: $100 Bln Wiped Off In Bitcoin Market Cap
The recent Coinbase app outage triggered a staggering $100 billion loss in Bitcoin (BTC) market cap within a mere 15 minutes. Though the issue has been fixed, the Coinbase outage brought massive volatility into the crypto market today. However, Bitcoin bounced back after the sudden downfall and sustained above the $62,000 mark. Coinbase Outage Sends […]
Binance Recovers $4.4 Billion Worth of Users’ Mishandled Digital Assets
Binance declared that it had recovered digital assets that had previously been improperly handled by a user. According to a Bloomberg report, assets worth over $4 billion had been retrieved for a user who has mishandled their account for the past two years. The announcement comes at a point when Binance is already undergoing issues […]
Spot Bitcoin ETF: BlackRock To Launch IBIT In Brazil
Top investment asset management firm BlackRock is moving very fast in its spot Bitcoin ETF journey as the firm is currently eyeing Brazil as the next country to launch its flagship BTC fund – IBIT. BlackRock Spot Bitcoin ETF to Expand to Brazil Less than two months after receiving approval from the United States Securities […]