According to data gathered by Arkham Intelligence, Blackrock’s onchain assets are inching closer to outpacing Grayscale’s crypto holdings. As of Friday, Grayscale’s onchain value stood at approximately $ 21.33 billion, while Blackrock’s portfolio was around $ 21.02 billion. Grayscale Faces Fierce Competition as Blackrock’s Onchain Assets Climb Blackrock’s collection of onchain digital assets …
Ronin Network Reclaims $12 Million in Stolen Digital Assets
Ronin Network stated that digital assets worth $ 12 million, siphoned by so-called white hat hackers on August 6, were returned in full the same day. The Ronin team mentioned that they paused the bridge approximately 40 minutes after the first on-chain action was detected. The team also assured users that their funds were …
Bitcoin Miner Genesis Digital Assets Launches Heat Repurposing Project in Sweden
Genesis Digital Assets Limited (GDA) has embarked on a new project in Norsjö, Sweden, utilizing surplus heat from one of its bitcoin mining data centers to warm a local garage. This collaboration with Swedish company Muttern Fastigheter showcases an innovative approach to enhancing energy efficiency within the industry. GDA and Muttern Fastigheter Collaborate on Sustainable […]
Bahamas Enacts Digital Assets and Registered Exchanges Act
The Bahamas has enacted the Digital Assets and Registered Exchanges Act, 2024 (DARE 2024), establishing itself as a leader in digital asset regulation. Announced by the Securities Commission, DARE 2024 builds on the DARE Act, 2020, introducing significant reforms to address the evolving digital asset landscape. Christina Rolle, Executive Director of the Securities Commission, emphasized […]
Lightning Labs Rolls out Taproot Assets Seeking to Bring Stablecoins to Lightning Network
Lightning Labs, an institution dedicated to research and development related to the Lightning Network, Bitcoin’s second layer, has announced the rollout of Taproot Assets. This solution allows for issuing multiple tokens on top of it. The institution aims to capitalize on the popularity and volume of stablecoins to establish bitcoin as the global routing currency. […]