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In a significant development within the crypto space, Avalon Labs has recently announced its intention to apply for the first-ever Bitcoin-backed Debt Exchange Traded Fund (ETF), as per a report by Cointelegraph dated February 12. This move aims to enhance the regulatory compliance and proliferation of Bitcoin-based financial products, potentially facilitating easier access for mainstream … Read more

GamerBoom, an AI-powered gaming data analytics and incentive protocol on Solana, has raised $9 million in latest Funding Round, bringing its total financing to over $11 million. The round attracted top investors, including Bing Ventures, SKY Ventures, MBK Capital, INK Capital, CLF Capital, Metaverse Group, New Heights, and Tuna, with strategic backing from NVIDIA and … Read more

Nearly a third of central banks have delayed CBDC rollouts, but 75% still plan to issue one, a survey finds. A new survey from the Official Monetary and Financial Institutions Forum and Giesecke+Devrient shows that 67% of central banks haven’t changed their stance on CBDCs, even as nearly 30% have pushed back their timelines. But … Read more

According to COINOTAG News, on February 12th, Dubai successfully hosted a pair of significant blockchain events that attracted notable figures from the global Web3 landscape. Among the key contributors was Laura K. Inamedinova, CGEO of Gate.io, who offered valuable insights throughout the sessions. The first event, the dubAI Crypto Meet-up, occurred on February 4th at … Read more

Stellar’s XLM shows unique technical patterns that may push the price by 30%. With positive ecosystem developments, the Stellar protocol is primed for the uptick. XLM, the native digital asset of the Stellar network, has formed bullish patterns in its charts. While crypto market volatility remains high, price prediction indicates a potential 30% surge ahead … Read more

WBTC unlocks Bitcoin’s liquidity for decentralized finance (defi). In this interview, Z Liu discusses its role and future. Despite many wrapped bitcoin products now available, with many more likely coming out in the years ahead, the OG wrapped bitcoin WBTC continues to dominate this growing category of digital assets. The Bitcoin.com News interview with Z … Read more

Earlier today, money-market protocol zkLend faced an exploit and paused withdrawals on the protocol. In a recent X post, the zkLend team confirmed that the protocol had been hacked. The zkLend team left a message for the hacker via the Eth ZEND token deployer account, in which it urged the hacker to keep 10% of … Read more

10x Research’s Markus Thielen sees a “real possibility” of a lower CPI print in the US on Feb. 12, which could defy consensus expectations and trigger a Bitcoin rally.

A survey from a central bank-focused think tank found that fewer than one in five central banks are inclined to issue a central bank digital currency, compared to 38% in 2022.

The Jiangsu High Court of China released a hearing in the case of foreign-related commercial trials, ruling out that overseas crypto investment is not protected by Chinese law. In this particular case, a Singaporean investor, Pan, has lost his legal battle against a Chinese partner, Tian, over an investment in virtual currency. China HC Ruling … Read more