Bitcoin Payments App Strike Enters UK as Global Expansion Rolls Out
[Jun 25, 2024 4:00 AM] The payments firm now operates in over 100 countries and territories globally.
30 / 110 Relevant items tagged with #Finance
Posts: 3,295
Posts
Market Turbulence Continues as Crypto Outflows Reach $1.2 Billion
[Jun 24, 2024 1:22 PM] As digital asset markets continue to navigate turbulence, the latest report from Coinshares outlines significant capital outflows, marking a stark shift in investor sentiment. Authored by lead analyst James Butterfill, the findings highlight a…
Hut 8 Receives $150M Investment as Thirst for Energy Brings AI Firms to Bitcoin Miners
[Jun 24, 2024 9:29 AM] The funding came from Coatue Management, which is also an investor in CoreWeave, a cloud-computing firm looking to take over miner Core Scientific.
Jump's Kariya, Who Went From Intern to Crypto Leader, Is Leaving Trading Giant
[Jun 24, 2024 8:48 AM] The Wormhole hack and Terra/Luna blowup happened while he ran Jump's crypto operation.
Bitcoin Miner Riot Platforms Ditches Bitfarms Takeover Bid, Seeks to Overhaul Board
[Jun 24, 2024 8:09 AM] Riot is Bitfarms' largest shareholder, owning 14.9% of the firm.
Kraken’s Derivatives Arm Joins Copper’s Crypto Settlement Network
[Jun 24, 2024 7:00 AM]
Don't Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing a Month
[Jun 24, 2024 3:46 AM] Permission-based repo ledgers are among the most successful applications of blockchain technology.
Banking Sector Poses Highest Money Laundering Risk, Singapore’s Central Bank Says
[Jun 23, 2024 5:16 PM] According to the Money Laundering Risk Assessment Report by Singapore’s central bank, the banking sector is identified as the highest money laundering risk to the country. The report also highlights risks related to digital assets and…
McKinsey Report: Tokenization at a Tipping Point, Poised to Transform Financial Markets
[Jun 22, 2024 11:34 AM] The world of finance is standing on the brink of a transformative era driven by the rising prominence of tokenized assets. According to a recent McKinsey & Company report, tokenization—the process of converting assets into digital tokens on a…
Federal Watchdogs Flag 4 Major US Banks for Lack of Crisis Management; Demand Living Will Revisions
Bitwise CIO Makes the Case for Adding Ether to Investment Portfolios
[Jun 21, 2024 8:50 PM] Matt Hougan, CIO of Bitwise, a crypto-based index fund and ETF provider, has explained why he believes ether might be an interesting asset for an investment portfolio. Hougan states three key reasons for investing in ether: diversification to…
Billionaire Tech CEO Michael Dell Signals Bitcoin Interest Via Michael Saylor Retweet
[Jun 21, 2024 9:40 AM] Michael Saylor and Dell engaged in a brief back-and-forth on X on Friday morning.
3iq Files to Launch Solana Exchange-Traded Product in Canada
[Jun 21, 2024 5:11 AM] 3iq Digital Asset Management has announced that its solana fund has filed a preliminary prospectus for an initial public offering in Canada. The fund aims to become the first solana (SOL) exchange-traded product (ETP) in North America. Its…
Standard Chartered Is Building a Spot BTC, ETH Trading Desk
[Jun 21, 2024 3:40 AM] Standard Chartered would become one of the first global banks to enter spot cryptocurrency trading.
Microstrategy Increases Bitcoin Portfolio to 226,331 BTC After Latest Purchase
[Jun 20, 2024 7:20 AM] Nasdaq-listed Microstrategy has acquired 11,931 more bitcoins for $786 million, raising its total cryptocurrency holdings to 226,331 bitcoins, valued at $8.33 billion with an average purchase price of $36,798 per coin. The acquisition was funded…
Crypto Custody Firm Fireblocks Adds ‘One-Click’ Audits, Tax Reporting
[Jun 20, 2024 7:00 AM] Software from Web3 accounting company Tres works with a wide range of digital asset networks, and can be integrated with accounting software such as QuickBooks, Xero and NetSuite.
Michael Saylor's MicroStrategy Acquires 11.9K More Bitcoin for $786M
[Jun 20, 2024 6:29 AM] The company held 214,400 bitcoins as of the end of April, which at current prices would be worth about $14 billion.
Energy Giant EDF Subsidiary Joins Cronos as a Blockchain Validator
[Jun 20, 2024 4:00 AM] EDF subsidiary Exaion helps industries with digital transformation by focusing on addressing the energy efficiency of data centers.
VanEck's Spot Bitcoin ETF Goes Live on Australia's Biggest Stock Exchange
[Jun 20, 2024 3:30 AM] The VanEck Bitcoin ETF, the first spot bitcoin exchange-traded fund on the Australian Securities Exchange (ASX), debuted on Thursday.
IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East
Bitwise Investments Updates Ethereum ETF Filing, Reveals $2.5M Seed Interest
[Jun 19, 2024 10:06 AM] Bitwise Investments, a prominent cryptocurrency asset management firm that offers diverse investment products and services focused on digital assets, has updated its ether-based exchange-traded fund (ETF) S-1 filing with the U.S. Securities and…
Kraken Says Hackers Turned to 'Extortion' After Exploiting Bug for $3M
[Jun 19, 2024 9:22 AM] The bug found by a "security researcher" led to $3 million stolen from Kraken's treasuries.
US Bitcoin ETFs See Fourth Day of Outflows, Totaling $152M
[Jun 19, 2024 8:31 AM] U.S. spot bitcoin exchange-traded funds (ETFs) experienced another day of outflows, marking the fourth consecutive day of losses. The 11 funds saw $152.42 million leave on Tuesday, bringing the cumulative total net inflows to $14.81 billion…
National Australia Bank’s Venture Arm Invests in Crypto-Focused Zodia Custody
[Jun 19, 2024 4:16 AM] NAB Ventures made an undisclosed investment in Zodia Custody, which is also backed by Standard Chartered, Northern Trust and SBI Holdings.
Blackrock’s Cohen Discusses Financial Advisors’ Cautious Approach to Spot Bitcoin ETFs
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
[Jun 18, 2024 10:03 AM] Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say.
Ether ETF's Lack of Staking Won't Dampen Strong Institutional Demand, 21Shares' Ophelia Snyder Says
[Jun 18, 2024 9:50 AM] Prospective providers of spot ether ETFs in the U.S. removed the provisions for staking from their applications to avoid potential regulatory roadblocks.
RWA Tokenization Expands to Life Insurance with Infineo Minting $9M of Policies on Provenance Blockchain
[Jun 18, 2024 8:21 AM] This was the first example of transferring tokenized versions of life insurance policies, the company said.
US Spot Bitcoin ETFs Face Third Day of Outflows, $145 Million Drained on Monday
[Jun 18, 2024 6:36 AM] U.S. spot bitcoin exchange-traded funds (ETFs) experienced their third consecutive day of outflows on Monday, losing over $145 million. Fidelity’s FBTC continued to lead the outflows with $92 million exiting the fund on June 17…
Digital Asset Funds Witness Major Shake-up Amid Fed’s Hawkish Stance: Coinshares
[Jun 17, 2024 11:35 AM] Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus is attributed to a…