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The Bitwise-managed strategy seeks to generate income from otherwise idle crypto holdings while assets remain within Kraken's custody.
Bitcoin fell below $70,000 on Tuesday, erasing all gains since its 2021 peak and leaving the asset down nearly 30% year-over-year.
Vitalik Buterin called copy-paste EVM chains a ‘dead end,’ calling for differentiated, deeply connected designs.
The CFTC has scrapped a 2024 proposal to ban political prediction market contracts just as states double down on oversight.
US spot bitcoin ETFs posted $544.94 million in outflows Wednesday as the world's largest cryptocurrency continued to slide.
The letter suggests that the financial ties between the UAE and World Liberty Financial pose national security risks linked to China.
Crypto-related stocks also fell on Wednesday, with Coinbase shares closing down 6.14% and Bitmine dropping 9.17%.
Tether's total reserves also grew by $11.7 billion during the quarter to $192.9 billion, including 96,184 BTC.
BCG, Aptos, and Hang Seng have completed the technical and commercial demonstration for token-based finance in Hong Kong.
SBI tapped the blockchain R&D firm behind Sony’s blockchain to co-develop a Layer 1 purpose-built network for onchain stocks.