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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 06:19
    Mayor of Vancouver: Evaluating the conversion of part of the city's financial reserves into Bitcoin
    Odaily Planet Daily reports that Ken Sim, the Mayor of Vancouver, Canada, stated in a recent keynote speech that he will continue to promote Vancouver as a Bitcoin-friendly city. He is currently waiting for a report from city government staff to confirm the integration of digital currency into Vancouver's financial strategy and system. This includes but is not limited to accepting Bitcoin for tax payments and converting part of the city's fiscal reserves into Bitcoin to maintain purchasing power and guard against fluctuations, depreciation, and inflationary pressures of traditional currencies.
  • 06:10
    Data: Ethereum spot ETF had a total net outflow of 29.1981 million US dollars yesterday, continuing for 4 days of net outflows
    ChainCatcher reports that according to SoSoValue data, yesterday (Eastern Time April 11th), the total net outflow of Ethereum spot ETF was $29.1981 million. The Ethereum spot ETF with the highest single-day net outflow yesterday was Grayscale's ETHE, with a single-day net outflow of $26.052 million. Currently, ETHE's total historical net outflows have reached $4.226 billion. Next is Bitwise's ETHW, with a single-day net outflow of $3.1461 million. Currently, ETHW's total historical net inflows have reached $308 million. As of press time, the total asset value of Ethereum spot ETFs is $5.239 billion and the ratio of ETFs' assets to Ethereum’s market cap (the proportion compared to Ethereum’s overall market value) has reached 2.76%. The cumulative historical inflow has now reached $2.276 billion.
  • 05:58
    The Babylon Bitcoin pledge function has been launched
    PANews reported on April 12th that Babylon announced via Twitter that the Bitcoin pledge function has been launched. For the first time, Bitcoin can be pledged to provide proof of stake (PoS) security for Babylon Genesis and receive pledge rewards as a return. To ensure safety, only 1000 Bitcoins from the first phase Cap-1 are currently allowed to register. After a buffer and testing period of 24 hours, the Bitcoin pledge was officially activated at 18:04:03 on April 11 (UTC+8), at block height 27600 in Babylon's genesis block. Previous news revealed that Layer 1 blockchain Babylon Genesis, which uses Bitcoin as collateral, has officially launched. It is reported that this is the second stage of Babylon's launch of the Bitcoin pledging protocol.
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