BlackRock’s iShares Ethereum ETF (ETHA) has reached a historic milestone, crossing $10 billion in assets under management (AUM) in just 251 days. This achievement places ETHA among the top three fastest-growing ETFs globally, all of which happen to be spot cryptocurrency ETFs. ETHA Joins Elite Company in ETF Growth Rankings The explosive growth of ETHA cements its place in ETF history. According to recent industry data, ETHA is now the third-fastest ETF ever to reach $10 billion. It surpassed notable traditional ETFs, including the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ), which took 444 days to reach the same milestone.…
Author: Blockto Team
The price of Aptos (APT) has declined by over 5% in the last 24 hours, reflecting renewed market uncertainty and a slowdown in trading momentum across the broader crypto sector. The recent decline places Aptos among the top underperforming Layer 1 blockchain tokens for the week. Aptos Price Falls to Monthly Low At the time of writing, Aptos is trading at $6.89, down from a 24-hour high of $7.25. This marks the lowest price for APT in the past 30 days, with its market cap slipping to approximately $2.9 billion. The 5% dip comes after Aptos had shown signs of…
The U.S. stablecoin market is set for significant expansion following the recent passage of the GENIUS Act, according to a report from a major U.S. bank. The stablecoin supply could increase by as much as $75 billion in the short term, driven by regulatory clarity, new financial products, and wider adoption by financial institutions. GENIUS Act Sparks New Era for Stablecoin Regulation Signed into law by President Donald Trump last Friday, the GENIUS Act introduces the first major regulatory framework for U.S.-based stablecoins. It is designed to give clear legal status to tokenized dollars and other asset-backed crypto instruments. This…
Satsuma Technology, a London-based artificial intelligence company, has raised £100 million ($135 million) in a major move to acquire one of the largest Bitcoin treasuries in the United Kingdom. This landmark funding round positions Satsuma among the top corporate holders of Bitcoin in the UK, signaling growing institutional interest in digital assets. Satsuma Bitcoin Treasury Push Sets UK Record The company announced it had closed the raise significantly above its $135 million target, with all funds expected to be settled in the next two weeks. If fully converted into Bitcoin, the purchase will place Satsuma as the second-largest Bitcoin-holding firm…
FTX’s bankruptcy estate will begin a $1.9 billion payout to creditors starting September 30, marking the next major step in its repayment plan. This upcoming distribution follows earlier rounds in February ($1.2B) and May ($5B), making it the third and one of the most anticipated repayments in the ongoing FTX bankruptcy saga. Record Date Set for August 15 According to the FTX Recovery Trust, eligible claims will be finalized based on records as of August 15. The funds for this new round come from a reduction in disputed claim reserves — from $6.5 billion to $4.3 billion — authorized by…
BNB slid 4.3% in the last 24 hours, retreating from a recent high of $808 to $764 amid a broader altcoin cooldown. The correction comes after the token reached an all-time high of $804 on July 23, sparking a wave of profit-taking and technical repositioning. Critical Support: $744–$753 Zone in Focus During the July 24 session, BNB touched an intraday low of $744.56, testing a key support area that traders have been eyeing closely. The price later rebounded modestly to $759.35, but remained locked in a lower high structure, suggesting that downside momentum could persist. If the $744 level fails…
Build on Bitcoin (BOB) has announced a major upgrade, integrating zero-knowledge (ZK) fraud proofs to enhance decentralization and prepare for broader DeFi adoption on Bitcoin. This move places BOB closer to meeting key benchmarks on L2Beat, the respected tracker of Layer-2 network maturity. ZK Fraud Proofs: Speed and Security Combined BOB uses an optimistic rollup structure, but instead of relying on traditional time-consuming fraud challenges, the platform now utilizes ZK fraud proofs. This enhancement enables faster and more secure dispute resolution — cutting delays from days to minutes. The shift is designed to lower friction, increase accessibility, and lay the…
XRP bounced off a sharp intraday low of $2.96 on July 24, posting a strong recovery after a 10% selloff. The token’s rebound is drawing attention from technical analysts and institutional players, hinting at a potential bottom formation. Heavy Selling Pushes XRP to Oversold Territory Between July 23 and July 24, XRP dropped from $3.45 to $3.10, breaching support at $3.20 and forming new resistance in the $3.23–$3.25 range. The lowest print was $2.96, hit in the early hours of July 24, marking a near-15% peak-to-trough drop in under 24 hours. However, trading volumes soared past 175 million, well above…
Over $3.1 billion in crypto assets have been stolen in 2025, already surpassing the full-year total of 2024, according to the Hacken 2025 Half-Year Web3 Security Report. Despite growing security awareness, access-control vulnerabilities remain the top cause, highlighting deep-rooted flaws in crypto’s infrastructure. Access-Control Flaws Dominate Losses Access-control exploits accounted for 59% of total losses, while smart contract bugs contributed around 8%, or $263 million. One major incident was the $1.5 billion Bybit hack, which skewed Q1’s numbers but didn’t change the overall trend: crypto platforms remain vulnerable at the operational level. “Projects must care for their old codebases if…
Starting August 1, 2025, Hong Kong will criminalize the advertising and promotion of unlicensed stablecoins under its newly introduced Stablecoin Ordinance, signaling one of the most aggressive regulatory crackdowns on digital assets to date. Violators Face Fines and Jail Time Under the new law, anyone found promoting or offering fiat-referenced stablecoins (FRS) without a license may face: The Hong Kong Monetary Authority (HKMA) issued a stern warning on July 24, cautioning retail investors against engaging with unlicensed issuers to avoid unintentional legal violations. Goal: Investor Protection and Market Stability HKMA Chief Executive Eddie Yue stated the ordinance is designed to…