Crypto Bytes: Top 10 Breaking News from Cryptoverse 

  • Fidelity has added clauses for staking Bitcoin to its spot ether ETF application. It stated, “The Sponsor may, from time to time, stake a portion of the Fund’s assets through one or more trusted staking providers.”
  • Finance former chief Zhao’s new platform seeks to offer free education to children from disadvantaged backgrounds.
  • OKX is gradually discontinuing USDT tether trade pairs in the European Economic Area (EEA) in anticipation of the EU’s adoption of a complete regulatory framework for cryptocurrencies.
  • Bakkt has appointed Andy Main as its new CEO. On March 26, Gavin Michael will resign, but he will stay on as an advisor. The company was informed a week ago that the NYSE might delist it.
  • For $4.3 million, the renowned image of Achi, the dog that inspired the Dogwifhat meme coin, was sold as NFT. Gigantic Rebirth Ventures (GCR), a cryptocurrency trader, placed the winning bid of 1,210.8 ETH.
  • Transactions and new users on Base, an Ethereum Layer 2 network that Coinbase is incubating, have increased significantly. Transaction fees were lowered as a result of the Dencun upgrade, which prepared the way for more network activity.
  • $10 million in monies gathered from presale investors were inadvertently burned by Slerf, a new memecoin presale initiative based in Solana.
  • Before Binance listed the memecoin, a wallet took a sizable chunk of SOL out of the exchange and purchased 314 million BOME, according to Lookonchain. Soon after Binance listed the memecoin headquartered on Solana, BOME, its price shot up by more than 1500%.
  • Etherfi falls 20% soon after launch. Twenty million tokens were awarded to the stakers who have locked up more over $12 billion on the Binance Launchpad. At $4.13, ETHfi started trading. There will be 115.2 million tokens in circulation at first.
  • El Salvador has verified that a sizeable amount of its Bitcoin holdings have been moved into cold storage and are safely held inside a vault inside its borders.

Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Mehar Nayar

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