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This week saw multiple attacks on different crypto exchanges, the most significant being Poloniex, which suffered a loss of over $100 million worth of assets. Let’s find out more. 

Bitcoin 

Cathie Wood’s Ark Invest is set to launch five new digital asset exchange-traded fund (ETF) products in partnership with 21Shares. 

Bitcoin and Ethereum remain the twin giants, anchoring the cryptoverse with their every pivot, even in the middle of market tremors. 

Ethereum

Asset manager BlackRock has filed for a spot Ethereum (ETH) exchange-traded fund (ETF), propelling the price of ETH past $2,100. 

Ethereum broke through the $2,000 resistance on Thursday. An $ETH rally is likely to steal dominance away from Bitcoin and sprinkle it liberally among the altcoins.

Altcoins

The approval of Ripple’s XRP by the Dubai Financial Services Authority (DFSA) could pave the way for XRP’s integration into digital asset services within the Dubai International Financial Centre (DIFC), a major financial hub in the Middle East.

Jerry Lopez, the CEO of Philcoin, and Mayor Topazio Floripa of Florianopolis, Brazil, envision a future where cryptocurrency transforms not just economies but lives. 

According to recent reports, the Kraken team is in talks with different blockchain developers about a potential partnership to launch a Go to Source to See Full Article
Author: Amara Khatri

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