Chain News Daily Official TheBitTimes.com

In 2024, the US Securities and Exchange Commission (SEC) surprisingly approved the issuance of two crypto-based ETFs. That is expected to change in 2025, with a host of assets subject to filing. Yet, one absent filing has surprised many, with BlackRock not seeking to issue an XRP ETF. The $11 trillion asset manager was behind the immensely successful iShares Bitcoin Trust (IBIT) that debuted last year. Moreover, it has reinforced that it won’t file for an XRP ETF as long as there are still regulatory concerns. Yet, with a new pro-crypto administration in place, those troubles look to be behind the asset. Will that sway the firm to seek out an exchange-traded fund for the token? Source: WSJ Also Read: Goldman Bets $1.4B on Blackrock’s Bitcoin ETF: 516 Trillion SHIB Set to Be Hit BlackRock May Be Preparing XRP ETF as SEC Meetings Continue Over the last year, Bitcoin has been one of the biggest surprises of the finance sector. The leading crypto surged to a six-figure value in Novemb...

Flash Loans in DeFi: A Double-Edged Sword! The decentralized finance (DeFi) ecosystem has revolutionized the financial world by enabling permissionless, borderless, and trustless transactions. Among its most intriguing innovations is the concept of flash loans—a powerful financial tool that allows users to borrow large amounts of cryptocurrency without any collateral, provided the loan is repaid within the same transaction block. While flash loans offer numerous opportunities, they also pose significant risks, making them a double-edged sword in the DeFi space. The Mechanics of Flash Loans Flash loans are unique to blockchain technology, particularly within Ethereum-based DeFi protocols. The fundamental principle behind flash loans is that they must be executed and repaid in a single transaction. If any part of the transaction fails, the entire process is reverted, ensuring that the lender’s funds are never at risk. This mechanism allows users to access large sums of capital for ...