Author: Tony Pearce
Grayscale Expands its List of Crypto Investment Products
Reading Time: < 1 minuteGrayscale has expanded its list of available investment products to now include Bittensor and Sui.
Bitstamp to Make Bitcoin More Accessible in Europe
Reading Time: < 1 minuteCrypto exchange Bitstamp has partnered with fintech platform Stripe to make Bitcoin and other digital currencies more accessible in Europe. Through this collaboration, announced on August 7, consumers in the […]
Hut 8 Hires a New CFO
Reading Time: < 1 minuteHut 8, an energy infrastructure company and miner of Bitcoin, revealed on Tuesday its upcoming addition of a new chief financial officer later this month.
Xapo Bank Launches an Interest-bearing BTC in the UK
Reading Time: < 1 minuteAfter successfully obtaining a banking license in Gibraltar, Xapo Bank has now launched its services in the United Kingdom.
Weekly Outflows from Crypto Investment Products Hit $528M
Reading Time: < 1 minuteGlobal investment products in the cryptocurrency market, managed by companies such as Ark Invest, Bitwise, BlackRock, Fidelity, Grayscale, ProShares, and 21Shares, experienced net outflows of $528 million last week.
Singapore Grants HashKey Group’s OTC Trading Division a Payment License
Reading Time: < 1 minuteHashKey Group’s over-the-counter trading division has become the latest crypto company to be granted a payment license by the Monetary Authority of Singapore, under the Payment Services Act of 2019.
Morgan Stanley Plans to Allow its Clients to Invest in Bitcoin ETFs
Reading Time: < 1 minuteMorgan Stanley has announced that their advisers will now have the ability to offer bitcoin exchange-traded funds (ETFs) to their wealthy clients starting on Wednesday.
Bybit Ends Services in France
Reading Time: < 1 minuteCrypto exchange Bybit has announced that it will no longer be providing its products or services to users in France.
Ether ETFs Receive $26.7M
Reading Time: < 1 minuteDespite the fact that Grayscale’s Ethereum Trust has seen over $2 billion in outflows, daily net inflows into United States spot Ether exchange-traded funds have turned positive again.
Tether Posts $5.2B Profit in First 6 Months of the Year
Reading Time: < 1 minuteTether announced its latest quarterly attestation on Wednesday, revealing a record net profit of $5.2 billion for the first half of 2024.
DeFi Platform Wemix.fi Halts Lending
Reading Time: < 1 minuteWemix.fi, the decentralized finance platform for the cryptocurrency Wemix, has announced the temporary suspension of its lending and borrowing services on July 30.
SEC Thinks Solana is a Security
Reading Time: < 1 minuteThe US Securities and Exchange Commission has not explicitly classified Solana as a non-security, despite retracting its request for a court decision on the matter as part of its lawsuit against Binance on July 30.
Slovenia Releases First Digital Sovereign Bond in EU
Reading Time: < 1 minuteSlovenia has recently made history as the first European Union country to issue a digital sovereign bond.
SEC Greenlights Grayscale Bitcoin Mini Trust’s Trading
Reading Time: < 1 minuteThe United States Securities and Exchange Commission (SEC) on July 26 approved the listing of Grayscale’s newest exchange-traded fund (ETF) called Grayscale Bitcoin Mini Trust (BTC) on the New York […]
British FCA Fines Coinbase UK
Reading Time: < 1 minuteThe Financial Conduct Authority has imposed a fine of just over 3.5 million British pounds ($4.5 million) on CB Payments Limited, a subsidiary of Coinbase Group.
Spot Ethereum ETFs Trading Volume Exceeds $900M
Reading Time: < 1 minuteOn their second day in the US market, Ethereum ETFs collectively traded nearly $1 billion in volume.
Ether ETFs Lose $133M in Second Day of Trading
Reading Time: < 1 minuteOn their second day of trading, the nine US spot Ethereum exchange-traded funds experienced a reversal in flows, with $133.16 million in net outflows.
Miner Riot Platforms Buys Block Mining
Reading Time: < 1 minuteIn a $92.5 million transaction, Riot Platforms has acquired Block Mining, a bitcoin miner based in Kentucky.
Mt. Gox Transfers $2.5B in Bitcoin to an Unknown Address
Reading Time: < 1 minuteThe now-defunct crypto exchange Mt. Gox has recently transferred a total of 37,477 Bitcoin, valued at approximately $2.5 billion, to an unknown wallet address.
Daily Inflows into BlackRock’s Bitcoin ETF Hit $523M
Reading Time: < 1 minuteOn Monday, BlackRock’s Bitcoin exchange-traded fund (ETF) received its biggest influx of funds in over four months, with over $523 million entering the fund.
CBOE Says Ethereum ETFs Will Begin Trading Tomorrow
Reading Time: < 1 minuteThe Chicago Board Options Exchange (CBOE) has confirmed that five Ethereum exchange-traded funds (ETFs) will be available for trading on July 23, pending regulatory approval.
SEC Chairman Will Resign Next Year: Report
Reading Time: < 1 minuteMarkus Thielen, founder of 10X Research, predicts that Gary Gensler will step down within the first two months of 2025 after President Joe Biden’s term at the White House ends.
Deposit Volume in Crypto Mixer Tornado Cash Soars Despite Sanctions
Reading Time: < 1 minuteDespite facing sanctions and legal troubles, banned cryptocurrency mixer Tornado Cash has surprisingly seen a significant increase in deposits in the first half of 2024.
Kraken Custody Expands to UK and Australia
Reading Time: < 1 minuteKraken Institutional has now expanded its custody service to clients in the UK and Australia, both new and existing ones.
Mt. Gox Creditors Suffering Unauthorized Login Attempts
Reading Time: < 1 minuteSeveral self-proclaimed Mt. Gox creditors have taken to an insolvency subreddit, alleging that in the past 24 hours, unknown hackers have made multiple unauthorized login attempts on their accounts.
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