Huobi Technology plans to launch ETFs that track cryptocurrencies for retail investors in Hong Kong. The company has reportedly submitted its proposal to Hong Kong’s Securities and Futures Commission (SFC) and waiting for a nod. Huobi’s ETF Plans It intends to structure its ETFs such that they are “accessible to retail investors with less than...Read More
A group of US lawmakers introduced this Monday the “E-CASH” Act, a bill directed to the US Treasury Department to encourage the entity to develop a digital version of the dollar. E-Cash Is not CBDC, but a Complement to it Democratic Representative Stephen Lynch is the principal sponsor of the ECASH Act, a legislative proposal...Read More
By Coinbase Special Investigations Team In our last post we walked through the basics of blockchain analytics and attribution. In this follow-up post, we will demonstrate how powerful blockchain analytics is and how tricky it can get at scale. We’ll start with reviewing some of the common blockchain analytics scaling methods used in fortifying Compliance...Read More
Vietnam is another step closer to a comprehensive regulatory framework on how cryptocurrencies and virtual assets should be treated in the country. Vietnam to Prepare Crypto Regulatory Framework According to a Monday report, Vietnamese Deputy Prime Minister Le Minh Khai has instructed the different government bodies in the country on the creation of a framework...Read More
Will Smith punched comedian Chris Rock at the 2022 Oscars receiving an Oscar himself shortly after. The moment went viral, and in response, a new meme coin was born, Will Smith Inu. Today, the cryptocurrency saw significant price gains, rising over 1288% in the past 24 hours alone. Will Smith Punches Chris Rock at The...Read More
As crypto markets reignite this week, the infamous memecoin Shiba Inu is also seeing some newfound price action. However, a look at the token’s holder count wouldn’t exactly suggest a revival of consumer interest. According to data from CoinMarketCap, the number of on-chain addresses holding SHIB has declined by over 60,000 within the last two...Read More
Ronin – an EVM blockchain for play-to-earn games – recently fell victim to one of the largest hacks in the history of crypto. A whopping 173,600 ETH was drained from Ronin bridge within the last week, alongside another 25.5M USDC. According to a community alert issued by Ronin, the hack occurred due to Ronin validator...Read More
UK’s progress in crypto innovation hangs in limbo due to a lack of clarity from the watchdogs. Many high-profile companies are now looking for crypto friendlier pastures elsewhere. If cryptocurrency-based firms wind down their operations, the UK might face a mass exodus as the FCA deadline for receiving approval nears. Regulatory Hurdles in the UK...Read More
Synthesis NFT will be used in Rony Club which will open at the end of March. Paradigm shift in NFT market. NEURONswap, a decentralized exchange(DEX), announced that it will launch the first ‘Synthesis NFT’ of all mainnet networks at Rony Club which will open at the end of this month. There are 3 types of...Read More
Bitcoin briefly blew past the highest levels of 2022 overnight after reclaiming several key resistance points. Owing to the resurgence of the positive trend, crypto funds have seen fresh investment inflows. The latest data reveals that digital asset investment products saw inflows totaling $193 million last week. This marks the largest volume since mid-December 2021....Read More
[PRESS RELEASE – Boston, USA, 28th March 2022] Humble Swap (https://humble.sh) is on a mission to make the decentralized finance world safer and accessible to everyone. Humble Swap is a new, decentralized exchange that has passed stringent security assessments to ensure customer funds’ safety. In preparation for the launch, Reach Co-Founder and CEO Chris Swenor...Read More
Cryptocurrency markets have been performing quite well recently, with Bitcoin and Ethereum showing bullish momentum every day this week. Many Metaverse crypto coins are also seeing significant bullish momentum as the market is recovering from the bearish Q1 period. Today we look at vEmpire DDAO, a Metaverse crypto coin gaining over 161% this week and...Read More
The cryptocurrency company offering loans and daily digital asset earnings will integrate ApeCoin into its platform. The firm promised a yearly ROI of between 7-12%, depending on the customers’ loyalty tier. Nexo Integrates ApeCoin The press release seen by CryptoPotato reads that Nexo wants to capitalize on Yuga Labs’ (the entity behind BAYC) future plans...Read More
The blockchain-powered membership program by Fnatic and CryptoCom will enable full ownership of the digital asset by the holders, alongside access to several other benefits and features. Esports organization Fnatic has announced joining forces with CryptoCom to roll out the details of a first membership program that would offer fans a myriad of money-can’t-buy rewards...Read More
After becoming the home of multiple digital asset companies in the past few months, Dubai wants to enhance crypto adoption through other tactics. This time, a local school reportedly said it wants to start accepting digital asset payments as tuition fees. School in Dubai to Accept Crypto? According to the Zawya report, parents in Dubai...Read More
One of the largest derivatives trading platforms has indeed proceeded with releasing options on Micro Bitcoin and Micro Ether futures, as promised earlier this month. The company outlined the growing investor demand for such products as the main reason behind the launch. CryptoPotato reported earlier in March CME Group’s intentions to launch options on Micro...Read More
Bitcoin has now finally broken the barrier it has been trading since the start of 2022. In early January for the first time Bitcoin surged to hit $47,000 after it increased by 5%. But the bulls couldn’t hold the position for too long and traced back. However, in the month of March bulls were back...Read More
Deutsche Bank, a former cryptocurrency critic, believes Meta’s decision to integrate NFTs into one of its companies – Instagram – will legitimize those assets. Instagram Will Legitimize NFTs According to a report note released by Deutsche Bank on Sunday, cited by Coindesk, the deployment of NFT technology on Instagram has the potential to energize the...Read More
Italian banking giant UniCredit has been asked to pay a fine of about $144 million for allegedly closing accounts belonging to a cryptocurrency mining company. UniCredit in Hot Water A district court in Banja Luka, Bosnia and Herzegovina, has ruled that UniCredit’s branch office in the country will pay a fine of €131 million ($144...Read More
