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Bitwise Explores ETP Offering for Ethereum Layer-2 Networks

Bitwise, a leading name in cryptocurrency asset management, is looking to capitalize on the growth of Ethereum’s layer-2 networks and applications. The firm is contemplating the introduction of an Exchange Traded Product (ETP) that would provide investors with exposure to these cutting-edge technologies. Matt Hougan, Bitwise’s Chief Investment Officer, has expressed a bullish stance on … Continue reading Bitwise Explores ETP Offering for Ethereum Layer-2 Networks

Ethena Labs Airdrops $450M in Tokens, Largest Wallet Nets $2M

Ethena Labs conducted an extensive airdrop campaign on April 2, distributing $450 million worth of Ethena tokens to several eligible wallets. The airdrop, which is a common strategy used by crypto projects to increase token distribution and engage the community, was completed by 7:17 am UTC, with the tokens being listed for trading on various … Continue reading Ethena Labs Airdrops $450M in Tokens, Largest Wallet Nets $2M

Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury

A jury in the US District Court for the Southern District of New York has found Terraform Labs and its co-founder Do Kwon liable for defrauding investors. The verdict was handed down after deliberations that declared the company had engaged in the unlawful offering and selling of crypto asset securities, bypassing the regulatory framework established … Continue reading Terraform Labs and Do Kwon Held Liable for Securities Fraud by NY Jury