The Coinbase Wrapped Staked ETH (cbETH) will have several uses, including selling and transferring staked ETH as well as using it as collateral in DeFi protocols.

A study by crypto exchange KuCoin found that 15% of the country’s population aged 18-60 held or had traded crypto in the past six months; ether trades sideways.

Other investors in the $24 million Series A round included Coinbase Ventures and Shopify.

Siam Commercial Bank, Thailand’s oldest lender, abandoned a plan to buy a majority of Bitkub Online, citing unresolved regulatory issues.

Avatars from the four collections are available for listing and trading on OpenSea.

The move is part of the Canadian company's plan to expand globally by making its shares available to wider group of investors.

Bitcoin Depot says it has over 7,000 ATM locations in the U.S. and Canada

"No matter what Powell says or the Fed does, the market insists on reading/hearing him dovish," one observer said.

Cowen's crypto-focused hires come after the bank launched its digital asset division this year.

Police reportedly closed the exchanges and arrested their staff after Afghanistan's central bank stated that digital currency trading should be stopped, citing problems and scams.

While the financial industry’s eyes are on crypto, blockchains are already making major changes.

Starting Thursday, users are able to swap supported ERC-20 tokens across eight blockchains in a single transaction.

The latest price moves in crypto markets in context for Aug. 25, 2022.

Buying ether ahead of the Merge is likely an overextended play, one trader said.