🦎🚀 The Future Is Here 📉📈

Friday, September 29, 2023

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Going International

Coinbase International Exchange has obtained regulatory approval from Bermuda Monetary Authority (BMA), allowing eligible non-U.S. retail customers to engage in perpetual futures trading, as stated in a company blog post on Thursday.

Beginning today, non-U.S. retail traders can verify their eligibility to participate in perpetual futures trading on Coinbase Advanced.

In today's news, Gemini claims that it pulled funds to protect users, VanEck to launch Ether ETF, and UK football club Tottenham Hotspur to launch a fan token on Chiliz platform.

Read on!

Most Active Crypto VCs

The top 23 most active crypto VCs have seen between 149 to 372 deal counts to date, with Sam Bankman-Fried's Alameda Research also making it into the rankings.

92% of combined deal counts were in pre-seed/seed or early stage VC deals.

24h Hot Searches Worldwide 🔥

Evadore (+35.5%)
Metahero (-0.7%)
Polygon (+1.8%)
Trust Wallet (+2.4%)
Bitrock (-0.5%)
Chainlink (-1.6%)
Bella Protocol (-0.4%)

The rapid rise of crypto and blockchain technologies have resulted in different states and countries taking widely differing stances on the industry. Find out the top crypto-friendly hubs in this video!

Check it out here!

Statement Against Allegations

Gemini, the cryptocurrency exchange, clarified that it withdrew $282 million of funds from its Earn users in August of the previous year. This withdrawal was made to hold in the exchange's liquidity reserve.

The company issued this statement in response to a New York Post article that claimed the Winklevoss twins, founders of Gemini, had withdrawn over $280 million of their own money, whether it was from corporate funds or personal funds, according to a source cited by the Post.

CoinDesk

More ETH ETFs

VanEck has revealed plans to launch the VanEck Ethereum Strategy ETF (EFUT), which is an actively managed ETF designed to capture capital appreciation by investing in ether (ETH) futures contracts.

In addition, Valkyrie Investments is reportedly set to offer exposure to ether futures through an ETF. It could potentially become the first to offer this exposure to the asset class.

The Block

Spurs Token

UK football club Tottenham Hotspur is set to launch a fan token named SPURS on the Chiliz platform.

These tokens will be available for $2 each through a fan token offering scheduled for October 4, allowing holders to engage in on-chain voting and gain access to specific rewards and experiences.

The Block