Inflows into crypto investment products hit 9-week high of $346M
Crypto investment products hit 9-week high of inflows. Total inflows for week up to November 24 was $346 million, with $312 million in Bitcoin-related ETP products. Ethereum saw $34 million…
Aave rebrands into Avara and acquires Family Wallet
Aave Companies rebrands and diversifies its portfolio. The rebranding and acquisition underscore a pivotal moment for the company. This marks a strategic shift towards a more expansive and inclusive web3…
Injective integrates into Google Cloud BigQuery
Injective (INJ) has integrated Google Cloud’s BigQuery via the cloud computing provider’s Analytics Hub. The layer-1 blockchain joins a growing group of chains on BigQuery. Injective, a layer-1 blockchain whose…
How the Netherlands is turning into a crypto hub
The Netherlands is known to have very elaborate and strict crypto regulations that require companies to register to be allowed to offer crypto services. Binance was fined $3.4 million by…
Grayscale files to convert its Ethereum Trust into a spot Ethereum ETF
Grayscale is seeking for SEC’s approval to convert its Ethereum Trust to an Ethereum ETF. Grayscale’s Ethereum Trust manages nearly $5 billion in Ethereum assets. Transition to spot ETF offers…
Toncoin breaks into the top 10 after adding 30% in one week
Key takeaways Toncoin has overtaken Solana and Tron to become the 9th largest cryptocurrency by market cap. Toncoin began to rally following Telegram’s endorsement of the TON project. Toncoin is…
US court denies SEC request to look into Binance US
A US District Judge has rejected SEC’s request for an inspection of Binance US documents. Binance US stood firm on its stance calling the regulatory watchdog’s request “overboard”. SEC’s request…
BlockFi files to be allowed to convert users’ trade-only assets into stablecoins
BlockFi is requesting to convert the assets to Gemini Dollar (GUSD) or another stablecoin The motion has been backed by the court-recognized BlockFi creditors’ committee. BlockFi started the process of…
EOS expands into East Asia markets with regulatory approval in Japan
The EOS received a whitelist approval from the Japan Virtual and Crypto Asset Exchange Association (JVCEA). EOS will start trading on BitTrade in Japan in mid-September. Crypto-asset providers in Japan…
Render price rebounds as RNDR taps into AI hype
Render (RNDR) price bounced 10% after AI hype around Nvidia triggered upside for AI stocks and crypto tokens. Render bulls are targeting the key price level of $1.58, which could…