Tag: News

U.S. spot Bitcoin ETFs recorded a net outflow of $630.4 million on Wednesday, marking the largest single-day redemption in over three months. The exit was driven by surging inflation data, with April PPI hitting 6% and CPI reaching 3.8%, dampening hopes for Federal Reserve rate cuts. Selling was concentrated in ARK Invest’s ARKB and Fidelity’s FBTC, while BlackRock’s IBIT managed to maintain positive momentum with modest inflows. U.S. spot...

The Ethereum Foundation has introduced ERC-7730, a new security standard designed to eliminate “blind signing” by translating complex hex data into human-readable text. Major wallet providers including MetaMask, Trezor, and Ledger have committed to integrating the standard to protect users from malicious transaction approvals. The initiative is part of the Foundation’s broader Trillion Dollar Security Initiative, featuring a...

Circle sold 740 million ARC tokens at $0.30 each in a private placement, valuing its upcoming Arc blockchain at $3 billion. The funding round was led by a16z crypto with participation from BlackRock, Apollo Funds, and ARK Invest. The announcement coincided with Circle’s Q1 2026 results, showing USDC circulation hit $77 billion while net income dipped due to post-IPO costs. Circle Internet Group, the issuer of the USDC stablecoin, has...