The second largest cryptocurrency by market cap, Ethereum (ETH), implemented a token burn mechanism on Aug. 5, 2021, through the Ethereum Improvement Proposal (EIP) 1559 upgrade. Since then, nearly $9…
The Securities Commission of The Bahamas announced that it seized $3.5 billion worth of cryptocurrency assets from the now-bankrupt and collapsed crypto exchange FTX. Per a media release issued on…
The Dogecoin Foundation officially announced the establishment of a new community development fund to cater to all expenditures and developments pertaining to the network. The foundation has moved millions of…
Crypto Assets Manager Valkyrie Investments has unveiled a proposal to become the sponsor and manager of the Grayscale Bitcoin Trust. The Grayscale Bitcoin Trust (GBTC) is the world’s largest Bitcoin…