Month: March 2025

Ark Invest CEO Cathie Wood on Wednesday announced plans to bring the company’s funds on-chain through tokenization, signaling a strategic push into digital assets. What Happened: Speaking at the Digital Asset Summit in New York on Tuesday, Wood expressed enthusiasm for transforming traditional investment vehicles, specifically mentioning the Venture...

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HIVE Digital has acquired Bitfarms’ 200 MW hydro-powered facility in Paraguay, expanding its mining capacity by 317%. Bitcoin (BTC) miner HIVE Digital Technologies has acquired Bitfarms‘ 200-megawatt hydro-powered facility in Yguazú, Paraguay, for $56 million, a move that could significantly…...

Ethereum developers are discontinuing support for the Holesky testnet in September due to mass exit of validators, following disruptions during the Pectra upgrade testing. According to the recent announcement on Ethereum Foundation blog, developer support for the Ethereum’ (ETH) Holesky…...

ARK Invest CEO Cathie Wood predicts that memecoins will wind up becoming ‘worthless.’ However she believes some coins like TRUMP will ‘withstand’ the test of time. In an interview with Bloomberg television, Wood revealed that she does not use her…...

EOS, a blockchain project that raised $4 billion in its year-long ICO in 2017, is rebranding to Vaulta. Through this rebranding, the project is also shifting its focus to Web3 banking, with the transformation set to conclude in late May 2025 but is “subject to confirmation and change.” EOS...

Crypto is under immense selling pressure, and Solana, one of the leading smart contract platforms, is facing headwinds. After what can only be described as stellar two years of growth and prosperity, bears are now striking. According to reports, revenue from gas fees is down to a six-month low....

A storm is brewing within Crypto.com and the Cronos ecosystem. Yesterday, a small group of whales flipped a governance vote to support a contentious proposal, allowing Crypto.com to reissue 70 billion CRO tokens. This decision increases the total supply from 30 billion to 100 billion, with the additional 70...

The Turkish lira (TRY) fell to a record low against the dollar following the surprise arrest of President Recep Tayyip Erdogan’s rival and Istanbul mayor Ekrem Imamoglu. The currency slumped a record of nearly 41 per U.S. dollar, a 10% slide on the day. The volatility saw a sharp rise in...