31 / 110 Relevant items tagged with #Finance

Posts

Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin

[Jun 17, 2024 11:17 AM] The company revealed that its also running Bitcoin and Lightning network nodes.

Tether Debuts New 'Synthetic' Dollar Backed by Tokenized Gold in Tokenization Push

[Jun 17, 2024 8:18 AM] Users can mint new tokens using the company's new Alloy platform, which will be part of Tether's upcoming tokenization venture, CEO Paolo Ardoino said.

Crypto Sector Secures $317M in Venture Capital Deals in Early June

[Jun 16, 2024 2:36 PM] With the first half of June concluded, there have been 37 venture capital deals and fundraising events in the crypto sector. Collectively, these investments totaled $317.87 million, with Avail, a modular blockchain project, leading the pack with…

Salvadoran Government Introduces Bitcoin Banking Law Reform

[Jun 16, 2024 11:44 AM] The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The banking law reform introduced to the National Assembly would allow private investors to…

Crypto Friendly Evolve Bank Under Scrutiny: Cease and Desist Order Issued 

[Jun 15, 2024 7:20 AM] The Federal Reserve and Arkansas State Bank Department have mandated sweeping reforms at Evolve Bank & Trust following significant compliance breaches. The order highlights issues in anti-money laundering efforts and consumer protection…

US Bitcoin ETFs Record $226M in Outflows, Fidelity Led the Pack With $106M Exiting

[Jun 14, 2024 9:16 AM] U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline on Thursday, with $226.21 million in outflows recorded during the trading sessions. Fidelity’s FBTC saw the largest outflows, with $106 million exiting the fund. Massive…

MicroStrategy Increases Convertible Note Offering by 40% to $700M in Bitcoin Splurge

[Jun 14, 2024 8:38 AM] The proceedings of the issuance will be used to acquire more bitcoin and for general corporate affairs.

Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour

[Jun 14, 2024 8:30 AM] Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley Cup and NBA finals.

Permissionless Restaking Protocol Symbiotic Launches Raising $5.8 Million in Seed Round

[Jun 13, 2024 10:39 PM] Symbiotic, a permissionless restaking protocol, has recently launched, allowing other protocols to provide shared security through asset restaking. At the same time, Symbiotic announced it had raised $5.8 million in its seed funding round led by…

Hong Kong Spot ETFs Secure $1.96B in Bitcoin, $26M in Ether

[Jun 13, 2024 8:36 AM] Since the spot bitcoin and ethereum exchange-traded funds (ETFs) in Hong Kong began trading on April 30, they have accumulated $1.96 billion in bitcoin and $26.74 million in ethereum. Hong Kong’s Spot Bitcoin and Ether ETFs See Modest Growth…

Crypto Markets Have Seen $12B of Net Inflows This Year, JPMorgan Says

[Jun 13, 2024 8:12 AM] Most of the $16 billion inflow into spot bitcoin ETFs since their launch likely came from existing digital wallets on exchanges, the report said.

US Spot Bitcoin ETFs Reverse Outflows With $100M Inflows

[Jun 13, 2024 7:33 AM] U.S. spot bitcoin exchange-traded funds (ETFs) experienced inflows on Wednesday, following two consecutive days of outflows. The 11 ETFs trading in the United States amassed $100.9 million, with Fidelity’s FBTC leading the way…

Consensys Helps Decentralize Hollywood With Film.io and VillageDAO Partnership

[Jun 13, 2024 7:00 AM] Film.io is the first partner to join VillageDAO, a smart contract framework and service provider for Web3 communities.

NEAR Foundation Forms Nuffle Labs With $13M in Funding

[Jun 13, 2024 7:00 AM] The spinout is aimed at advancing NEAR's modularity and bringing more decentralized development to the ecosystem.

MicroStrategy Proposes $500M Convertible Notes to Boost Bitcoin Stash

[Jun 13, 2024 5:04 AM]

Fed Sees Just One Rate Cut This Year; Bitcoin Gives Up Session Gains

[Jun 12, 2024 12:14 PM]

Bitcoin Miners Cash in on BTC Rally as Exchange Transfers Hit Two-Month High

[Jun 12, 2024 9:39 AM] Transfers from bitcoin {{BTC}} mining pools to exchanges reached a two-month high this week as BTC hovered around its local high $70,000.

US Bitcoin ETFs See $200 Million Outflow; Grayscale Leads With $121 Million

[Jun 12, 2024 6:15 AM] U.S. spot bitcoin exchange-traded funds (ETFs) witnessed $200.31 million in outflows on Tuesday following the $64 million in outflows the day prior. Grayscale’s Bitcoin Trust (GBTC) shed the most with a $121 million reduction. Spot Bitcoin…

Crypto Hacks Net $19B Since 2011 and Illegal Activity on Blockchain Is Still Growing

[Jun 12, 2024 3:00 AM] Almost $19 billion worth of cryptocurrency has been stolen in thefts dating back to 2011 as the industry continues to grapple with rising blockchain-related crime, according a report from Crystal Intelligence.

Donald Trump Says He Wants All Remaining Bitcoin to Be 'Made in USA'

[Jun 12, 2024 12:11 AM] Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.

Squads Labs Raises $10 Million in Series A Round, Launches Fuse Smart Wallet

[Jun 11, 2024 10:39 PM] Squads Labs, the team behind the Squads Solana-based smart accounts protocol, the Squads app, and the smart account-enabled wallet Fuse, announced it raised $10 million in its Series A funding round. Led by Electric Capital, the funds will be used…

TipLink Aims for Crypto Newcomers With Google-Powered Solana Wallet

[Jun 11, 2024 9:41 AM] "It unlocks the rest of the world for easy onboarding," said CEO Ian Krotinsky.

Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%

[Jun 11, 2024 8:31 AM] Japanese investment firm Metaplanet has disclosed an additional bitcoin {{BTC}} purchase worth 250 million yen ($1.58 million), taking its total holdings up to 141 BTC ($9.4 million).

Tether Expects to Invest Over $1B in Deals in the Next Year: Bloomberg

[Jun 11, 2024 8:09 AM]

Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports

[Jun 10, 2024 3:05 PM] Digital asset investment products have witnessed significant inflows totaling $2 billion, marking a strong five-week streak that accumulates to $4.3 billion. As reported by Coinshares, this surge aligns with increased trading volumes and shifting…

Solana Heavyweights Wage War Against Private Mempool Operators

[Jun 10, 2024 10:52 AM]

Coinbase's Former Head of Communications Joins Worldcoin

[Jun 10, 2024 9:37 AM]

Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race

[Jun 10, 2024 9:18 AM] Amid a new generation of yield-bearing stablecoins, PayPal is confident in its purely payments-focused PYUSD.

Squads Labs Raises $10M Series A, Unveils Smart Wallet for Public Testing on iOS

[Jun 10, 2024 8:24 AM] The funding round led by Electric Capital included participation from RockawayX, Coinbase Ventures, L1 Digital and Placeholder.

Crypto Custody Firm Fireblocks Partners With Coinbase International Exchange for More 'Reliable' Trading

[Jun 10, 2024 8:00 AM] Fireblocks customers can now connect to their Coinbase International Exchange account and protect exchange operations using the custody tech firm’s governance and policy rules.