The Uniswap Foundation has formally requested a second tranche of $62.37M in funding, according to a proposal posted on the Uniswap Governance Forum on September 27, 2023. This request is part of a two-tranche funding strategy that was approved last year, initially securing $74M for the foundation. The latest proposal aims to fuel the foundation’s … Continue reading Uniswap Foundation Seeks $62.37M in Second Funding Tranche
Key Takeaways * OpenAI introduces web browsing capabilities for ChatGPT on September 27, 2023. * The feature is immediately available for Plus and Enterprise users. * OpenAI aims to address the existing knowledge gap in ChatGPT with this update. OpenAI, an artificial intelligence company, recently stated that its ChatGPT model now has the capability to … Continue reading OpenAI Enables Web Browsing for ChatGPT
Key Takeaways * Marathon Digital Holdings confirmed mining an invalid Bitcoin block due to an internal bug during an experiment. * The mishap occurred on Sept 26, stressing Bitcoin’s robust network security that rectified the anomaly. Marathon Digital Holdings (NASDAQ: MARA) has publicly acknowledged the mining of an invalid block on the Bitcoin network during a … Continue reading Marathon Digital Admits to Mining an Invalid Bitcoin Block
VanEck, a renowned player in the financial markets, has unveiled its plans to launch the VanEck Ethereum Strategy ETF (EFUT). This actively managed exchange-traded fund is strategically designed to target capital appreciation through investments in Ethereum (ETH) futures contracts. Notably, EFUT will not directly invest in ETH or any other digital assets. The fund’s investment … Continue reading VanEck Announces Launch of Ethereum Futures ETF (EFUT)
Bethesda, Maryland-based ProShares, a prominent player in the crypto-linked ETF market, has announced a significant expansion of its product line. On October 2, 2023, the firm will launch three new exchange-traded funds (ETFs), including the ProShares Ether Strategy ETF (EETH). This will be the first ETF specifically designed to track the performance of ether, the … Continue reading ProShares to Launch First Ether ETF and Blended Crypto Funds
Bitwise Asset Management, America’s largest crypto index fund manager, announced the launch of two first-of-their-kind Ethereum Futures ETFs, AETH and BTOP, scheduled for October 2. These ETFs will provide investors with exposure to CME Ether futures in a regulated format, expanding Bitwise’s existing suite of crypto investment products. Bitwise Asset Management, a leading player in … Continue reading Bitwise to Launch Two Innovative Ethereum Futures ETFs on October 2
Amidst an imminent government shutdown due to Congress’s stalled federal appropriations bill for the fiscal year beginning October 1, 2023, the financial sector holds its breath. The potential shutdown’s ripple effects are poised to stretch beyond traditional markets, reaching into the cryptocurrency sphere, particularly Bitcoin, according to Greg Cipolaro, Global Head of Research at NYDIG. Federal … Continue reading How Bitcoin will react to US Government Shutdown
On September 29, 2023, OpenTrade, a notable platform bridging traditional financial markets with digital asset realms, declared a strategic collaboration with WOO X, enabling its user base to tap into tokenized Treasury Bills (T-Bills) and avail USDC-collateralized loans against liquid assets on a blockchain infrastructure, according to WOO official blog. This initiative is engineered through … Continue reading OpenTrade and WOO X Unite to Offer Tokenized T-Bills to Asian Investors
dYdX is moving forward with a proposal for a $20M Launch Incentives Program by Chaos Labs to facilitate a smooth migration to its version 4 (v4) platform. The fund, sourced from the dYdX Chain Community Treasury upon its deployment on the mainnet, is earmarked for a six-month duration to motivate the seamless transfer of users and trading … Continue reading Decentralized Exchange dYdX Proposes $20M Incentive Program for v4 Launch
The National Bank of Georgia (NBG) is propelling forward with its Central Bank Digital Currency (CBDC) venture, dubbed the Digital GEL Pilot Project. The bank is now in the phase of scouting for a singular technology ally to facilitate the Limited Access Live Pilot Environment. This environment aims to scrutinize the technological prowess and possible … Continue reading NBG Georgia Shortlists Ripple Among Tech Firms for CBDC Pilot