Ethereum’s August revenue was US$39.2 million, a 30% drop from July and a 75% drop from the previous year, making it one of the network’s weakest months since 2021. The decline in revenue can be traced back to the Dencun upgrade in March 2024, which significantly reduced fees for Layer-2Continue Reading
Asian crypto fund Sora Ventures is establishing a US$1 billion Bitcoin treasury fund with the goal of accumulating the full amount within six months. The fund has already secured US$200 million in anchor commitments from regional institutions and is designed to support existing firms with Bitcoin treasuries and to seedContinue Reading
Kinto, a Layer-2 protocol on Ethereum, is shutting down on September 30 after a July 10 exploit that drained US$1.55 million in ETH and caused its native token to lose 95% of its value. The protocol’s founder, Ramón Recuero, has announced a controlled shutdown and a limited restitution plan, whichContinue Reading
The latest Chainalysis Global Adoption Index shows the United States has climbed to second place, while India has held its lead for the third consecutive year, ranking first across all four sub-indexes. The Asia-Pacific (APAC) region has emerged as the fastest-growing hub for crypto adoption, with its total transaction volumeContinue Reading
Crypto assets held in Australian Self-Managed Super Funds (SMSFs) decreased by 4% to $3.02 billion in the year leading up to June 2025, despite a broad crypto market rally and Bitcoin’s new all-time high. This decline occurred even as major exchanges like Coinbase and OKX are actively targeting Australia’s superannuationContinue Reading
Nasdaq-listed Webus International has partnered with Air China to provide travel services and integrate XRP payments for the airline’s 60 million PhoenixMiles loyalty program members. The XRP integration, which is subject to regulatory clearance, is intended to enable faster settlements, tokenised rewards, and blockchain-based vouchers within the travel ecosystem. TheContinue Reading
Paul Atkins calls the Spring 2025 agenda a “new day”, which puts crypto regulation front and centre. Planned rules will clarify crypto issuance, custody, trading, and allow trading on national exchanges and alternative trading systems. Broader goals include easing compliance burdens and revisiting costly audit trail requirements. Securities and ExchangeContinue Reading
Rex Shares and Osprey Funds have submitted a prospectus to the SEC for the REX-Osprey DOGE ETF (ticker: DOJE), which could launch as early as next week. The asset managers also outlined potential funds for various digital assets including XRP, BONK and TRUMP, alongside established cryptocurrencies like Bitcoin and Ethereum.Continue Reading
Bitcoin is emerging as a recognised asset class, adopted by institutions and governments. Liquidity, rates, and retirement fund inflows fuel long-term BTC demand. Altcoins must outperform Bitcoin or risk being dead weight in a portfolio. The latest Tapping Into Crypto episode featured Ben Simpson, CEO of Collective Shift, who sharedContinue Reading
Ripple is extending its influence in African markets through partnerships with local fintechs, aiming to boost cross-border payment options for businesses. RLUSD, already backed by regulators in New York and surpassing $1B AUD in supply, is positioning itself as a credible alternative to dominant stablecoins like USDT and USDC. BeyondContinue Reading
