The Switzerland-based fintech company – 21Shares AG – unveiled a Bitcoin exchange-traded product on Nasdaq Dubai, making it the first physically-backed BTC ETP in the Middle East. The firm has recently been on a listing spree, introducing Bitcoin and Ethereum ETNs on Nasdaq Stockholm, crypto ETPs on Euronext Paris and Amsterdam, and more. The Latest...Read More
Cryptocurrencies are no longer a niche product segmented in a distant industry popular only among cypherpunks and tech aficionados. They’ve become mainstream. Largely due to their explosion in prices during the 2021 bull run, Bitcoin famously topped $69,000, they’ve cemented their place in the world of fintech. However, now more than ever, the industry needs...Read More
The leading crypto asset manager Valkyrie Funds, is all set to liquidate one of the exchange-traded funds (ETFs) it manages. According to the official press release, the company plans to close its Valkyrie Balance Sheet Opportunities FUND (VBB), an investment product offering indirect exposure to BTC. The soon-to-be-delisted fund, under the ticker VBB, was first...Read More
Today marks the 13th anniversary of the very first Bitcoin trade ever conducted in exchange for U.S. dollars. On October 12th, 2009. Exactly 5050 BTC was traded for just $5.02. The transaction was conducted by Finnish developer Martti Malmi, who helped Satoshi Nakamoto work on Bitcoin in its early days. Before the trade, Bitcoin didn’t...Read More
As a cryptocurrency investor, it is important to know what cryptocurrencies are gaining value and what are losing. Based on the current market trends, cryptocurrencies such as Monero (XMR) and Dogecoin (DOGE) are not in a position to deliver successful returns. However, excellent alternatives could take that position, such as Flasko. Monero (XMR) Is Going...Read More
Grayscale stated that the SEC’s application of its “significant market test” is deeply flawed and does not protect investors against potential fraud and manipulation in the underlying BTC markets. The SEC is notorious for turning down dozens of spot Bitcoin ETF applications over the past several years from major players including WisdomTree and Ark21Shares. Grayscale,...Read More
[PRESS RELEASE – Please Read Disclaimer] Lucky Web3 user SUPER has won the life-changing NFT prize BAYC #7159, worth an eye-watering $137,000, all thanks to innovative tech company MetaWin. The BAYC, which is worth enough to buy a luxury car or a house, is the biggest prize that has ever been dropped on MetaWin’s competition...Read More
At an event for DC Fintech Week on Tuesday, the CEO of Ripple Labs, Brad Garlinghouse, noted that he expects the court to give its verdict on the case in the first half of 2023. “I think we’ll have an answer in the first half of next year. Whether that’s the first quarter or second...Read More
[PRESS RELEASE – London, UK, 12th October 2022] MetaFi platform Choise.com has launched a new Price Prediction Challenge for its CHO token with a total prize fund of $1,500,000. The goal of the challenge is to correctly guess what the price of CHO is going to be on March 24, 2024. The prize for taking...Read More
The exchange and monetization of data is a valuable yet unknown opportunity in Web 3.0, as blockchain technology can solve challenges related to the secure access of datasets. Ocean Protocol’s ecosystem welcomes participants that are looking to distribute, purchase or invest in data, creating a balanced economy where anyone can participate to monetize this valuable...Read More
[PRESS RELEASE – Roseau, Dominica, 12th October 2022] TRON, one of the leading public blockchains, partners with the Commonwealth of Dominica to develop and issue the Dominica Coin (DMC). The partnership represents a defining step forward by the Eastern Caribbean nation, who passed the Virtual Asset Business Act in Parliament earlier this year. “This is...Read More
[PRESS RELEASE – Los Angeles, CA, 11th October 2022] Takeaways: DeSo, a new blockchain that has raised $200 million from Coinbase, Sequoia, and Andreessen Horowitz, just launched decentralized on-chain end-to-end encrypted group chats, a first-of-its-kind innovation. On-chain messages are resistant to censorship and can be used pseudonymously without supplying personal information, just like Bitcoin or...Read More
The entire crypto market is still experiencing downtime since the crash that declined most coins. Despite the loss and downtrend of most cryptocurrencies in the market, several altcoins have proven to be prospective investments for the coming months and years. Some buyers prefer short-term gains from coin spikes, but experts know that long-term investments are...Read More
Reports are emerging this morning of an attack on the TempleDAO yield farming protocol. The alert came in from blockchain security firm PeckShield on Oct. 11, stating that the attacker had transferred 1,831 ETH worth around $2.34 million from the protocol. Details are thin on the ground at the moment, but the exploit appears to...Read More
A quick update that we’ve just listed our new monthly Bitcoin futures contract on BitMEX – XBTX22, which started trading at 04:00 UTC on 12 October 2022.You can start trading XBTX22 here, or read on to learn more. Our Current Bitcoin Futures Contracts For the listing and settlement dates of our current futures contracts, please...Read More
The IMF downgraded its projections for the global economy Tuesday, warning in stark terms: “The worst is yet to come, and for many people, 2023 will feel like a recession.” As the old joke goes: “A recession is when your neighbor loses their job. A depression is when you lose yours.” If 2023 feels like...Read More
Earlier this week, six cryptocurrencies arrived at BitMEX: SHIB, SAND, CRO, MANA, FTT, and WBTC. And in a few days’ time, users will be able to deposit, withdraw, and convert OKB on BitMEX.It’s all part of our ongoing focus to enhance the versatility and accessibility of our platform. In the coming weeks, more listings will...Read More
Cryptocurrencies are supposed to be censorship resistant… Cryptocurrency exchanges, not so much. Bittrex found this out the hard way after a record fine imposed by the U.S. regulators. On October 11, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) announced that Bittrex, a Washington-based...Read More
Scammers have reportedly sent consumers a new Solana Phantom security update assuring it will grant additional protection. However, wrongdoers have installed password-stealing malware through airdropped NFTs and used them to drain cryptocurrency from the affected wallets. Another Scam in the Space A recent coverage revealed that the scheme started two weeks ago when NFTs called...Read More
