Crypto Insights
NFT marketplace Magic Eden is set to roll out code allowing NFT creators on the platform to enforce creator royalties on new collections. Read more here.
The Volatility Shares' 2x Bitcoin Strategy ETF is set to become the first leveraged crypto ETF in the US after the SEC allowed it to go effective. Read more here.
Ethena Labs' native token, ENA, saw a 15% increase in value to $1.26 after the DeFi protocol announced increased staking rewards in its "season 2" update.
Group One Trading has taken a massive position in the options to buy 1.3 million MicroStrategy shares. Find out more here!
Synthetix has approved a governance proposal to end SNX token inflation, shifting towards strategies like token buybacks and burns. Read more here.
Following the announcement of Spot BTC ETFs by the SEC, the broader cryptocurrency market was up, with Bitcoin and Ether rising by 0.87% and 8.97%, respectively, in the past 24 hours.
Crypto custodian Copper has raised $196M in an ongoing funding round amid a looming winter for VC investments in the crypto space. Find out more here.
The Ordinals protocol, which was launched in January 2023 and allows inscribing data onto Bitcoin's smallest unit, has recently led to network congestion and increased transaction costs.
Eclipse has announced a new L2 architecture that combines features of Solana and Ethereum to optimize transaction speeds and reduce fees. Read more here.
Last Thursday, FTX Japan released a statement on Twitter announcing details to return customers' assets. Find out more here!