Base’s promotion of creator coins, largely through its close alignment with NFT marketplace Zora, is drawing mounting criticism from community members who say the strategy is alienating projects that helped bootstrap the network’s early momentum. In recent months, the layer 2 Base network has become… Read More
Crypto asset manager Bitwise filed with the U.S. Securities and Exchange Commission to introduce 11 crypto “strategy” exchange-traded funds (ETFs) including aave AAVE$149.49, uniswap UNI$5.9068, zcash ZEC$525.46, SUI$1.4484 and TAO$223.11. The Tuesday N-1A filing details an approach that includes investing up to 60% of a… Read More
South Korea’s long-awaited Digital Asset Basic Act (DABA), a sweeping framework meant to govern crypto trading and issuance in one of Asia’s most active digital asset markets, has been delayed amid disagreements among regulators over stablecoin issuance. The most significant disagreement centers on who should… Read More
Prenetics (PRE), a health-sciences company that raised $48 million earlier this year, partially to build a bitcoin treasury, said it decided to stop purchasing BTC amid prolonged weakness in the cryptocurrency market. The company rolled out its bitcoin accumulation strategy in June, following a model… Read More
Aptos (APT) was also a top performer, up 3.1% from Monday.
BlackRock’s tokenized money market fund BUIDL has distributed about $100 million in dividends since launching in March 2024, according to tokenization firm Securitize, which serves as the product’s transfer agent and administrator. The fund, which invests in short-dated U.S. Treasuries, repurchase agreements and cash equivalents,… Read More
