Anyone paying attention to the launch of spot bitcoin ETFs probably knows how Vanguard feels about such products.

If you thought the financial services giant might view ether differently — or evolve their stance — you can keep thinking.

“While we continuously evaluate our brokerage [offering] and evaluate new product entries to the market, spot ether ETFs will not be available for purchase on the Vanguard platform,” a company spokesperson told Blockworks. 

The clarity comes after the Securities and Exchange Commission last week approved 19b-4 proposals by exchanges looking to list spot ETH funds. The regulator still has to sign off on registration statements from the fund…

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Bitcoin long-term holders are doing their best to avoid profit-taking despite sitting on BTC worth several times its purchase value.

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Gemini Earn users will receive $2.18 billion in digital assets through distributions, Gemini said Tuesday.

The multi-billion dollar figure is based on the current crypto prices because distributions will be in-kind (meaning that they won’t be converted to fiat). Gemini noted in its press release that it’s “$1 billion more than when Genesis halted withdrawals in November 2022.” 

Back in November 2022, the crypto — from around 232,000 users — was worth $940 million. 

The figure is also higher than previously thought. Back in February, the New York Department of Financial Services announced a settlement with Gemini. The regulator stated that the firm would return “at least…

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Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide.

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Just recently, Bitcoin underwent its most recent halving event. As usual, this meant a 50% reduction in block subsidy rewards for all miners. 

Halving events are generally seen as bullish for bitcoin’s market price; however, the immediate effect is a drop in revenue for those mining bitcoin. 

That’s not all that’s different with Bitcoin, though. New protocols are changing the way users engage with the network, pushing up fees and, in many ways, offsetting the losses that come with a halving. Unfortunately, this is also causing issues with blockspace and network congestion. 

Many Bitcoiners argue against bringing Ordinals, Runes and other meta-protocols to Bitcoin because they…

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Succinct Labs and Polygon Labs introduce pessimistic proofs via SP1 zkVM, enhancing cross-chain security and simplifying ZK development.

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The AI industry could be on the brink of a significant breakthrough, according to Salesforce AI’s Clara Shih.

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