UBS follows in the footsteps of BlackRock and launches its tokenized investment fund

UBS, the global private banking giant, announced on November 1 the launch of its tokenized investment fund. The fund is called “UBS USD Money Market Investment Fund Token” or “uMINT”. In a press releaseUBS explained that it is an investment instrument in money markets and that is based on the Ethereum network ecosystem. The institution … Read more

The US liquidates tokens seized from Alameda Research for ether and not dollars

Arkham Intelligence identified the movements, which are the first in almost two years. The government exchanged 82,000 ANT tokens for ETH, according to the data. The United States government exchanged more than 160,000 Aragon tokens (ANT) for ether (ETH), the cryptocurrency of the Ethereum network. According to on-chain data identified by Arkham Intelligence, this exchange … Read more

“we sold most of our cryptocurrencies”

The net value of the cryptocurrencies and the recognized profit “was irrelevant,” says Reddit. Reddit argues that long-term mass adoption of cryptocurrencies “is uncertain.” Reddit announced to the United States Securities and Exchange Commission (SEC) that it has sold the majority of its accumulated cryptocurrencies. The platform indicated that, since September 30, 2024, “we sold … Read more

Ethereum on the planet Mars? Vitalik’s futuristic vision

According to Vitalik, signals from Mars to Earth can take up to 20 minutes. Buterin proposed a futuristic vision of digital societies and cryptocurrency networks. Vitalik Buterin, co-founder of the Ethereum (ETH) network, gave his opinion during an interview about future digital societies and stated that in the future Ethereum nodes could run on the … Read more

Hong Kong Stock Exchange Launches Bitcoin and Ethereum Indices

The Hong Kong Stock Exchange (HKEX) announced the launch of a pair of indices that will offer a “reliable reference point” for the prices of bitcoin (BTC) and ether (ETH), a cryptocurrency on the Ethereum network. The index series will begin operating on November 15. According to HKEX, these indices “provide investors with transparent and … Read more

“Ethereum is in a delicate and strange position,” according to analyst

The cryptocurrency of the Ethereum network, ether (ETH), which is experiencing significantly lower performance than bitcoin (BTC), could enter a scenario of greater difficulty. According to Marija Maticspecialist in financial markets, “Ethereum is in a delicate and strange position.” Chalk this up to the use of layer 2 (L2) scaling solutions. It highlights that, today, … Read more

Red Solana is worth more than Ethereum, what happened?

On October 24, the real economic value of Solana was 4 times that of Ethereum. The 3 memecoins with the highest capitalization on Solana exceed USD 5 billion. On October 19, 2024, the real economic value of the Solana (SOL) network exceeded that of Ethereum (ETH), according to a report on-chain from Blockworks Research. On … Read more

¿Ethereum está “muerto” o aún puede ser una buena inversión?

Ethereum tiene un potencial similar al de bitcoin (BTC), dice Ark Invest. El staking le da una ventaja competitiva a ETH sobre BTC. Ether (ETH) es la criptomoneda nativa de la red Ethereum. Aunque tiene un gran número de seguidores y una comunidad muy extendida a nivel mundial, su cotización no atraviesa su mejor momento. … Read more

US Government Wallet Allegedly Hacked, $20 Million Theft

The alleged hack involves USDC, USDT, aUSDC and ETH. The hacker would have started laundering the profits through suspicious addresses. A cryptocurrency wallet managed by the United States government was apparently hacked resulting in the transfer of approximately $20 million in digital assets. Blockchain analytics firm Arkham Intelligence identified the move, which involved nearly $14 … Read more

Kraken to launch its own Ethereum layer 2

The bitcoin (BTC) and cryptocurrency exchange Kraken announced this Thursday, October 24, the launch of Ink, a new layer 2 built on the Optimism Superchain, with the aim of reducing the barriers between centralized and decentralized ecosystems. As reported, Ink seeks to transform itself into an attractive DeFi ecosystem by promising to “eliminate friction points” … Read more