VanEck to close its Ethereum futures ETF in September, a year after launch
VanEck is closing its Ethereum Futures ETF (EFUT) by September 16, 2024. The EFUT saw low asset accumulation as compared to VanEck’s spot Ethereum ETF. Generally, Ethereum is facing challenges…
BitMEX co-founder Arthur Hayes believes Bitcoin (BTC) will tap $50K
Arthur Hayes predicts Bitcoin (BTC) could fall below $50K amid market turmoil. Bitcoin’s price drop has led to $36.71M in liquidations. The Crypto Fear & Greed Index shows “extreme fear,”…
Stablecoin
What Are Stablecoins? Stablecoins are a type of cryptocurrency whose value is tied to a more stable asset, such as fiat or government-issued currencies (like the United States dollar) and…
Decentralized Autonomous Organization (DAO)
What Is a DAO? A decentralized autonomous organization (DAO) is a type of organization with no central authority, and decisions are made collectively by members involved in its governance proces...
Kimchi Premium
What Is Kimchi Premium? Kimchi premium refers to the difference in the price of a cryptocurrency, particularly Bitcoin (BTC), on South Korean exchanges compared to global crypto exchanges. For e...
Immutability
What Is Immutability? Immutability is a fundamental concept that once data is recorded on blockchains, it cannot be altered or modified. As soon as a transaction is confirmed and added…
Monolithic Blockchains
What Are Monolithic Blockchains? Monolithic blockchains refers to blockchains which are designed to handle all blockchain functions on their own without delegating any of these to other blockcha...
Modular Blockchains
What Are Modular Blockchains? Modular blockchains are a recent innovation that focuses on splitting up the core functions of a cryptocurrency blockchain – Execution, Settlement, Consensus, and D...
Airdrop Farming
What Is Airdrop Farming? Airdrop farming in crypto is a strategy used by users where they intentionally engage in various activities or complete specific tasks across different projects to quali...