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July 2024

Spot Ethereum ETFs generate $937M volume in 2nd trading day

ISTANBUL: Spot Ethereum exchange-traded funds (ETFs) generated around $937 million in total trading volume on the second day of trading, The Block, a New York-based data and research firm specializing in digital currencies, said Wednesday.

The tradin…

CrowdStrike outage causes $5.4B loss to Fortune 500 firms

ISTANBUL: The recent global technology outage triggered by cybersecurity firm CrowdStrike caused an estimated loss of $5.4 billion to Fortune 500 companies, according to a report by the insurance firm Parametrix released on Thursday.

The losses cause…