The Block
Quick Take StarkWare will release its token STRK more gradually under the new changes, dropping the portion of tokens initially unlocked from 13.4% to 0.64%.
In its filing to the SEC to go public, Reddit said it has a small amount of cryptocurrencies on its balance sheets.However, the size of its holdings was “immaterial” enough to not even break out the amount in its filings.
Quick Take Judge John Dorsey of the Bankruptcy Court for the District of Delaware approved FTX’s motion to begin the sale process after hearing from creditors on whether or not the sale should be approved. FTX’s 8% stake in Anthropic could fetch a price of over $1 billion at the AI company’s latest reported valuation.
Ether options open interest has hit a multi-month high, with the increase mostly skewed towards calls, an analyst said.In the past 24 hours the price of ether gained 3%, according to The Block’s Price Page.
Bitwise CIO Matthew Hougan breaks down how the new spot Bitcoin ETF products are being received on Wall Street.
Quick Take Worldcoin’s token surpassed a market cap of $1 billion as the price has hit historic highs while rising by 300% during the last month. On Thursday, WLD rose about 40% as signups have eclipsed 3.5 million, an increase of about 1 million users since the beginning of this year. Tools for Humanity’s Tiago Sada recently told The Block that “major announcements” are forthcoming.
Quick Take NFT platform Ninjalerts has inscribed a Nintendo 64 emulator onto the Bitcoin network. The move follows the inscription of a SNES emulator last month by the team.
Quick Take Superfluid has raised $5.1 million in a strategic funding round led by Fabric Ventures. The Ethereum-based token streaming platform has also launched “distribution pools” that enable one-to-many streams.
The new fund, BTFX, will compete with Volatility Shares 2x Bitcoin Strategy ETF, or BITX.
Like stocks, retail interest in crypto surged in February — potentially contributing to the rally — according to JPMorgan analysts.The analysts noted three primary catalysts for the surge — but said two are already largely factored into the market.
