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European crypto ETN and ETP report: Thursday, June 9

Most crypto investment vehicles in Europe traded marginally down on Thursday, while others bucked the trend.  21Shares Cardano ETP was the worst performer on our list for June 9, trading at $12.89 — representing a daily loss of 1.55%. Other notable drops were 21Shares Ripple XRP ETP, down 0.83%, and BTCetc ETC Group’s Physical Bitcoin ETN, which lost 0.62% on Thursday.  Elsewhere, 21Shares Tezos ETP was the best performer, gaining 4.99% to close at $12.20. VanEck’s Solana ETN also closed …

CME Group is considering altcoin futures on Solana and Cardano

After launching futures contracts tied to bitcoin and ether in recent years, CME Group is looking at whether it can introduce futures based on cryptocurrencies with smaller market caps, including Solana’s SOL and Cardano’s ADA.   The Chicago-based exchange is “looking at” creating altcoin futures contracts given significant client requests, Payal Shah, CME’s director of equity and cryptocurrency products, said as part of a panel discussion at CryptoCompare’s Digital Asset Summit in London on Wednesday.   Shah, however, stated that launching altcoin futures …

Grayscale launches fund holding Ethereum alternatives

Grayscale has launched a new fund providing exposure to a variety of smart contract ecosystems that have emerged amid the growth of decentralized finance (DeFi). The Grayscale Smart Contract Platform ex Ethereum Fund (GSCPxE) holds Cardano (ADA), Solana (SOL), Avalanche (AVAX), Polkadot (DOT), Polygon (MATIC), Algorand (ALGO) and Stellar (XLM) as of March 16. The idea, according to Grayscale CEO Michael Sonnenshein, is to enable investors to have stake in a variety of developing platforms rather than betting on one …

Inside the Cardano ecosystem with Charles Hoskinson

Episode 3 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Charles Hoskinson, founder of Cardano and CEO of Input-Output Global. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podcasts, Stitcher or wherever you listen to podcasts. Email feedback and revision requests to [email protected] This episode is brought to you by our sponsors Fireblocks, Kraken & Chainalysis Fireblocks is an enterprise-grade platform delivering a secure infrastructure for moving, storing, and issuing …

Samsung enters the metaverse, opening flagship 837 store in Decentraland

Samsung Electronics America has entered the metaverse world in collaboration with Decentraland, an Ethereum-based virtual reality platform. The electronics giant has opened a virtual version of its flagship 837 physical store in Decentraland. The physical store is located at 837 Washington Street in New York City’s Meatpacking District, Manhattan. The virtual store, dubbed Samsung 837X, will be open in Decentraland for a limited time. “This is one of the largest brand land takeovers in the history of Decentraland,” Samsung said …

eToro to delist ADA, TRX for US users over regulatory concerns

eToro is delisting Cardano and TRON for stateside users, according to a new post from the exchange.  Starting Dec. 26, U.S. users won’t be able to open new ADA or TRX positions, and by Dec. 31, staking for the assets will no longer be available. eToro cited “business-related considerations in the evolving regulatory environment” in its decision.  Staking reward payouts for U.S. users will end after Jan. 15, 2022, with the final rewards paid in USD.  Still, U.S. users will …