The Block
Quick Take The decision followed an “enterprise-wide” risk assessment, according to Circle.
Quick Take Optimism, developer of the Ethereum Layer 2 OP Mainnet, unveiled its fourth airdrop prioritizing NFT artists. The airdrop gave out over 10.3 million OP worth around $40.8 million to 22,998 addresses. Users who created engaging NFTs on the Ethereum Mainnet or Optimism’s Superchain before Jan. 10 are eligible to claim rewards.
Quick Take The web3 venture firm Hack VC closed $150 million for its Venture Fund 1, raising its total assets under management to $425 million. Hack VC finances early-stage web3 firms focusing on security, capital-efficient DeFi and the intersection of web3 and AI.
VanEck’s spot bitcoin ETF, ticker HODL, had its daily volume jump over $300 million, more than 1000% when compared to its most active day so far.Rather than large a institutional investment driving the volume spike, the rise has been the result of “32,000 individual trades,” Bloomberg’s senior ETF analyst posted to X.
Quick Take Crypto lawyer John Deaton announced his run for Senate in Massachusetts on Tuesday morning, hoping to challenge current incumbent U.S. Sen. Elizabeth Warren (D-MA) .
The price of ether briefly reached $3,000 earlier on Tuesday for the first time since April 2022.Following the recent spot bitcoin ETFs launch, attention is turning toward the prospect of a spot ether ETF in the U.S.
Bitcoin whales are less inclined to take out substantial short positions in anticipation of more price appreciation, some analysts argue.The price of bitcoin has increased by more than 21% since the beginning of the year, according to The Block’s Price Page.
The CME plans to launch euro-denominated micro bitcoin and ether futures on March 18, pending regulatory approval.The news follows a surge in open interest and trading volume for CME bitcoin and ether futures last month.
Quick Take MetaMask has integrated Blockaid-powered security alerts by default across multiple chains. Security alerts are available on Ethereum and networks like Linea, BNB Chain, Polygon, Arbitrum, Optimism and Avalanche.
Quick Take: Starknet’s native token is set to launch today and begin trading on centralized exchanges from around 8 a.m. ET. Airdrop claims for Starknet’s token distribution open from 7 a.m. ET, involving more than 700 million STRK — or 7% of the 10 billion total supply.
