47 / 104 Relevant items tagged with #Finance

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GBTC Discount Narrows to Zero; Experts Say Return of Premium to NAV Is a Possibility

[Jan 30 9:30 AM] The recently disappeared GBTC discount may be “a sign of industry maturing and the improved enterprise acceptance of bitcoin.” While some see the disappearance of the discount as pointing to the re-emergence of the premium to the net…

Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion

[Jan 30 8:00 AM] The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local fiat currencies.

German Police Seize $2.1B Worth of Bitcoin in Piracy Sting

[Jan 30 7:35 AM] Police in Germany have provisionally seized 50,000 bitcoin worth $2.17 billion in what it is calling its largest seizure to date.

MIM Stablecoin Suffers Flash Crash Amid $6.5M Exploit

[Jan 30 6:34 AM] The stablecoin issued by decentralized platform Abracadabra.money {MIM}, suffered a flash crash to $0.76 after reports emerged of a $6.5 million exploit.

Fintech Provider Portal Raises $34M Seed Round for Bitcoin-Based Decentralized Exchange

[Jan 30 6:14 AM] Portal aims to offer a decentralized infrastructure for peer-to-peer swapping of BTC across different blockchains without the need for intermediaries, which heighten the risk of hacks.

Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT

[Jan 30 3:26 AM] The move may reflect users' unease about Binance's regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November.

DeFi Insurer Nexus Mutual Requests $153K for 6-Month Budget

[Jan 29 11:20 AM] The crypto insurance protocol is anticipating growth stemming from a recent partnership.

Vanguard Says No to Bitcoin ETFs — Views Crypto as ‘Immature Asset Class’ With ‘No Inherent Economic Value’

[Jan 28 7:00 PM] Financial giant Vanguard has explained why the firm does not make spot bitcoin exchange-traded funds (ETFs) available on its trading platform. A Vanguard executive stressed that cryptocurrency is “an immature asset class that has little…

Analysts Suggest Financial Giant Charles Schwab Poised to Shake Up Bitcoin ETF Market With Potential Late Entry

[Jan 27 2:30 PM] In the wake of a noteworthy 11-day period during which U.S.-centered spot bitcoin exchange-traded funds (ETFs) amassed a trading volume totaling $25.36 billion, discussions have emerged about the potential involvement of Charles Schwab, the…

Axiom Secures $20 Million in Series A Funding Round

[Jan 27 6:30 AM] Axiom announced a $20 million Series A funding round led by Paradigm and Standard Crypto. The company’s approach uses zero-knowledge cryptography to provide a more efficient and cost-effective method for smart contract developers to access…

Coinbase Upgraded by Oppenheimer as Crypto Exchange Is 'Stronger Than Many People Realize'

[Jan 26 10:01 AM] Analyst Own Lau noted higher trading volume, the recent approval of the spot bitcoin ETFs, and a potential win in the company’s lawsuit against the SEC as the main drivers for the upgrade.

Sygnum Bank Surpasses $40 Million in Strategic Funding Round

[Jan 26 1:00 AM] Sygnum Bank has outperformed its funding expectations in a strategic growth round. The company’s focus now shifts to global expansion and further development of its regulated digital asset products. Sygnum Surges Past Funding Goals, Reaching…

Swan Bitcoin Unveils Mining Unit as Parent Company Prepares to Go Public

[Jan 25 11:00 AM] The mining business aims to reach 8 EH/s mining power and already has 4.5 EH/s operational after starting the unit in the summer of 2023.

Crypto for Advisors: Unlocking Crypto Custody

[Jan 25 10:22 AM] As a financial advisor, it is crucial to understand that there is no one-size-fits-all approach to crypto custody. Instead, the most suitable solution depends on your client’s specific needs, goals, and risk appetite.

Swiss Crypto Bank Sygnum Inches Closer to 'Unicorn' Status With $40M Raise

[Jan 25 12:43 AM] The company said that its initial target for the funding round was $35 million.

Hashkey Capital and FTSE Russell Launch Trio of Indices to Track Diverse Crypto Assets

[Jan 24 1:30 PM] Digital asset investment company Hashkey Capital has collaborated with the London Stock Exchange Group (LSEG) subsidiary FTSE Russell to unveil three indices for tracking cryptocurrencies. These indices enable investors and traders to keep an eye…

Fan Club for Solana's Saga Phone Loses 750 SOL

[Jan 24 10:09 AM]

Telefónica Partners With Helium to Roll Out Mobile Hotspots in Mexico

[Jan 24 10:07 AM] Helium's native token is up by 5.71% over the past 24-hours.

Solana Startup Dialect Builds 'Conversational' Telegram Trading Bot

[Jan 24 10:00 AM]

Crypto Custodian BitGo Receives Investment From Iconic Cash Handling Firm Brink’s

[Jan 24 8:00 AM] Brink’s says it’s excited to continue its growth in the evolving digital asset industry with the BitGo investment.

Bitcoin Miner Hut 8 Hits Out at Short-Selling Report

[Jan 24 7:33 AM] The report by short-selling firm JCapital Research led to HUT sliding more than 23% on Jan. 18.

Crypto Lender Nexo Seeking $3B in Damages From Bulgaria

[Jan 24 5:32 AM] Nexo has accused the country of making "wrongful and politically motivated actions...involving unjustified and oppressive criminal investigations."

Mt. Gox Moves Seemingly Closer to Bitcoin Repayments For 2014 Hack Victims

[Jan 23 10:01 AM] Some former customers of the crypto exchange have reported receiving an email asking for confirmation of identity and account details on the mtgoxinsolvency subreddit group.

Crypto Exchange OKX's Token Suffers 50% Flash Crash Amid Liquidation Cascade

[Jan 23 9:32 AM] The exchange said that it will compensate impacted users within 72 hours.

Is Grayscale Takeover Bait Amid Bitcoin ETF Battle?

[Jan 23 9:20 AM] Experts said newcomers in the bitcoin investing game could be enticed by Grayscale, the incumbent with a huge lead.

Ethereum Interoperability Hub Polymer Raises $23M Series A Funding From Marquee Investors

[Jan 23 9:00 AM] The funding round was co-led by Blockchain Capital, Maven 11 and Distributed Global and included contributions from Coinbase Ventures, Placeholder and Digital Currency Group.

Coinbase Falls After JPMorgan Downgrades Stock to Underweight on Disappointing Bitcoin ETF Catalyst

[Jan 23 7:43 AM] The bitcoin ETF catalyst that pushed the ecosystem out of its crypto winter last year will disappoint investors in 2024, the report said.

Crypto Custody Specialist Taurus Brings Tokenized Securities to Retail Customers in Switzerland

[Jan 23 7:00 AM]

FTX Sold About $1B of Grayscale's Bitcoin ETF, Explaining Much of Outflow: Sources

[Jan 22 9:24 AM] BTC's price has fallen since bitcoin ETFs were approved. In theory, now that FTX is done selling its substantial holdings, the selling pressure could ease since a bankruptcy estate liquidating holdings is a relatively unique event.

Bitcoin ETFs Eclipse Silver, Claiming Second Spot Behind Gold in US ETF Market

[Jan 19 2:30 PM] Spot bitcoin ETFs, after a phenomenal market debut, have claimed the second-largest commodity position in the U.S. ETF market, growing larger than silver and trailing only behind gold, in a clear sign of the the mainstream appetite for the digital…