Global investment firm VanEck has announced it will allocate 10% of the profit generated from its Ether futures exchange-traded fund (ETF) to Ethereum’s core developers for a period of “at least 10 years.”
Authorities in Singapore have arrested the Co-Founder of the bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC), who was apparently attempting to flee the city-state from Changi Airport.
The Monetary Authority of Singapore has handed the Nasdaq-listed cryptocurrency exchange Coinbase a Major Payment Institution license, which allows Coinbase’s Singapore entity to provide more Digital Payment Token services to both retail and institutional customers.
Top stories in the Crypto Roundup today:
- VanEck to Donate 10% of Ether Futures ETF Profits to Ethereum Developers
- Co-Founder of Bankrupt Crypto Hedge Fund Arrested in Singapore
- Coinbase Gets Major Payment Institution License in Singapore