Asset manager Franklin Templeton applied to the United States Securities and Exchange Commission (SEC) on Sept. 12 to launch a Bitcoin (BTC) spot exchange traded fund (ETF). The application comes after the SEC delayed decisions on applications from WisdomTree, Valkyrie, Fidelity, VanEck, Bitwise and Invesco BTC spot ETF applications on Aug. 31 and a court
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The ecosystem of layer-2 blockchain solutions powered by zero-knowledge (ZK) proofs welcomes a new player as Manta Network takes its ZK-as-a-service platform live. Manta Pacific is a modular L2 aimed at powering Ethereum Virtual Machine (EVM)-native decentralized applications (DApps) using ZK-proof technology. The platform offers a software development kit and ZK library that are touted
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Gracy Chen, managing director of global cryptocurrency exchange Bitget, advised her followers and friends not to scan their eyeballs in exchange for a few Worldcoin tokens.“There’s a huge privacy concern,” she tells Magazine, adding that she isn’t optimistic about its price prospects given the anticipated influx of WLD tokens in the near future. “There will
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The hackers behind cryptocurrency casino Stake’s $41 million hack have shifted another $328,000 million worth of Polygon (MATIC) and Binance Coin (BNB) tokens — its latest moves following the Sept. 4 exploit, according to blockchain security firm CertiK. The most recent transfer involved 300 BNB tokens worth about $61,500 to an externally owned address “0x695…” which
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Bitcoin (BTC) investment vehicle, the Grayscale Bitcoin Trust (BTC), now trades at just 17% below BTC price parity. The latest data from monitoring resource CoinGlass confirms that as of Sep. 9, GBTC shares traded at 17.17% less than BTC/USD. GBTC retraces nearly two years of losses Bitcoin’s largest institutional investment vehicle, GBTC has seen its
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Ripple Labs has unveiled new details about its acquisition of blockchain infrastructure company, Fortress Trust. The acquisition talks reportedly “accelerated” after Fortress’s customers lost funds due to a security incident involving a third-party vendor. A spokesperson for Ripple told news outlet The Block, “Conversations accelerated last week following the security incident via a third-party analytics
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Not a single fraud proof has been submitted on Arbitrum since it first launched its mainnet with the built-in security feature in August 2021, according to Ed Felten, co-founder and chief scientist of the Arbitrum-building Offchain Labs. Operating as an Ethereum layer-2, Arbitrum’s interactive, multi-round fraud proofs work by allowing a layer-1 verifier contract to
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