Canary Capital Files for Spot Solana ETF Amid Regulatory Challenges
TL;DR Canary Capital files for Solana ETF: The firm filed its application with the US SEC on October 30, 2024, seeking to expand investment opportunities...
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Kraken Cuts 15% of Workforce and Appoints New Co-CEO Amid Restructuring
TL;DR Kraken announces a significant restructuring plan, laying off 15% of its workforce, affecting approximately 400 employees, to streamline operations and become more agile in...
Robinhood Q3 Surge: Global Expansion and New Trading Tools
TL;DR Robinhood reports revenue of $637 million in Q3 2024, up 36% year over year. Earnings per share (EPS) were $0.17, significantly improving from the...
Ika Launches Its Multiparty Computing Network on the Sui Blockchain
TL;DR Ika has launched its multiparty computing (MPC) network on the Sui blockchain, improving interoperability and the security of digital assets. The MPC network is...
dYdX Lays Off 35% of Its Core Team for Strategic Shift
TL;DR dYdX lays off 35% of its core team amid decline in total value locked (TVL). The move did not affect the price of the...
OKX and Standard Chartered Set a New Benchmark in Institutional Crypto Custody
TL;DR OKX partners with Standard Chartered as its cryptocurrency custodian for institutional clients. The collaboration seeks to offer greater security and confidence to institutional investors....
Bitcoin Rise in BlackRock Hands as ETH Faces ETF Outflows
TL;DR BlackRock increases its Bitcoin holdings to 403,725 BTC, valued at $27.73 billion. Ethereum ETFs see net outflow of 2,917 ETH, reflecting a lack of...
Alert! $600,000 Stolen in Truth Terminal Crypto Scam
TL;DRa Hacker exploited Truth Terminal founder Andy Ayrey’s X account to promote a fraudulent token. The token reached a market cap of over $25 million...
MicroStrategy Outshines Tech Giants, Boosted by Bitcoin Holdings
TL;DR MicroStrategy’s stock hits a 25-year high, driven by its substantial Bitcoin holdings, marking a 244% year-to-date gain. The company’s strategic shift to Bitcoin as...
Coinbase Unveils ‘Based Agent’: Create AI-Powered Crypto Agents in Under 3 Minutes
TL;DR Coinbase launched “Based Agent”, a tool to create AI agents with crypto wallets in less than 3 minutes. The tool was developed with the...