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Binance to Delist and End Support for BUSD in December; BNB Gathers Momentum Amid Low Sentiment; NuggetRush Becomes Meme Enthusiasts’ Favorite
4.12.2023
TLDR Binance will end support for BUSD products on December 15, 2023, and withdrawals will be disabled on December 31. BNB has been gaining traction and is tipped to end the year above $240. NuggetRush appeals to enthusiasts due to its blend of P2E and memecoin, with its price expected to increase...
Financial Advisors Are Waiting for Spot Bitcoin ETFs to Offer Clients, Says Ric Edelman
3.12.2023
Edelman Financial Services founder Ric Edelman has explained that financial advisors are waiting for the U.S. Securities and Exchange Commission (SEC) to approve spot bitcoin exchange-traded funds (ETFs) so that they can offer these investment products to their clients. “Every compliance...
Bitcoin ETF Decision Dates Approach: What to Expect in January
2.12.2023
Image by Parradee, Adobe Stock The Securities and Exchange Commission (SEC)’s move to start a public comment period for spot Bitcoin (BTC) ETF applications earlier than expected has stirred up optimism around the launch of these products. On November 28, the SEC published filings instituting...
IRL Squid Game So Depraved Players Used Condoms For Chapstick
30.11.2023
Things haven’t been going great for Netflix’s IRL version of the fictional South Korean show Squid Game. Called Squid Game: The Challenge, contestants previously claimed that the British reality competition series was rigged, with former participants seeking legal action against the show’s...
How DeFi Can Bridge the Forex Gap in Africa, According to Banking CEO
30.11.2023
Source: AdobeStock / Confidence Neobank Canza Finance‘s decentralized finance (DeFi) tech provides decentralized foreign exchange (FX) for African currencies, its CEO and co-founder Pascal Ntsama IV said. Canza website stresses that access to financial services and products is “a...
Inflows into Bitcoin investment products reach $1.5B year-to-date
27.11.2023
Inflows into digital asset products rose for a ninth consecutive week, according to CoinShares
Digital Asset Funds Record $346 Million Inflows as Assets Under Management Surge Past $45.3 Billion
27.11.2023
Source: Adobe / Luisa Cryptocurrency products recorded a massive $346 million in weekly inflows, marking the highest figure in the past nine weeks of consecutive gains. A CoinShares Digital Asset Fund Flows Weekly Report shows a growing bullish sentiment in the market after positive signs from...
Coinbase Eyes Tech Talent in India as it Looks to Expand Workforce
27.11.2023
Source: Pexels US-based crypto exchange giant Coinbase is looking to expand its workforce in India despite facing regulatory setbacks for its products. The company is actively recruiting for product and technology positions, both in remote capacities and at its Bengaluru and Hyderabad locations....
Hong Kong Government Accelerates Cryptocurrency Product Approvals Following JPEX Rugpull: OSL Compliance Exchange
27.11.2023
Image Source: Pixabay The JPEX incident has prompted the Hong Kong government to expedite the approval process for cryptocurrency products to promote compliance in the industry. According to OSL Compliance Exchange, a licensed virtual asset platform, financial technology solution providers have...
Asia-based Crypto Exchange XREX Secures In-Principle Approval for Major Payment Institution License in Singapore
17.11.2023
Source: AdobeStock / Richie Chan On November 16, XREX, an Asia-based cryptocurrency exchange specializing in cross-border payments, achieved a significant milestone by receiving in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution (MPI) license. This...
Australia Introduces Capital Gains Tax For Wrapped Tokens
14.11.2023
Source: Pixabay The Australian Taxation Office has issued an update on its capital gains tax for crypto products, stating that it also extends to wrapped tokens or token interaction with decentralized lending protocols. The previous edition of the capital gains tax stated that capital gains...
Inflows Into Digital Asset Investment Products Cross the $1 Billion Mark — Study
14.11.2023
The U.S. dollar value of funds flowing into digital asset investment products or exchange-traded products (ETP) in 2023 now exceeds $1 billion. In the week ending Nov. 10, approximately $293 million flowed into ETPs. Bitcoin ETP trading volumes in the week under review constituted nearly 20%...
Blackrock Outlines Why SEC ‘Must’ Approve Spot Ethereum ETFs
14.11.2023
The world’s largest asset manager, Blackrock, has outlined why the U.S. Securities and Exchange Commission (SEC) “must” approve spot Ethereum exchange-traded funds (ETFs). Nasdaq, which has filed with the SEC to list and trade shares of Blackrock’s spot ether...
DeFi’s Next Frontier: The Untapped Potential of On-chain Structured Products
8.11.2023
Jordan Tonani from The Index Coop shares how the next bull-run will see more liquidity going into on-chain structured products
RoboCop: Rogue City: The Kotaku Review
8.11.2023
For years and years, video games—especially shooters—have gotten faster and faster. RoboCop: Rogue City, out now on Xbox, PlayStation, and PC, bucks this trend and puts you in the clunky, lumbering metal boots of RoboCop himself. But the real surprise isn’t how much fun it is to be a slow-walking...
Robinhood to Launch Crypto Trading Services in EU in the “Coming Weeks”
8.11.2023
Source: AdobeStock / Rafael Henrique Robinhood has revealed plans to introduce cryptocurrency trading services in the European Union (EU) in the near future. Vlad Tenev, CEO and co-founder of the popular brokerage firm, made the announcement during the company’s third-quarter earnings report....
Digital Asset Funds Record $261 Million in Inflows, Marking Gains for the Sixth Consecutive Week
7.11.2023
The cryptocurrency market continues to pull strings of outsized inflows in recent weeks as investors set sights on a spot Bitcoin (BTC) Exchange Traded Fund (ETF). According to a new CoinShares Market Flow report, the total market products recorded gains of $261 million, its sixth consecutive week...
Help or hindrance: Is Web3 really improving mainstream industry and products?
3.11.2023
Web3 business models based around NFTs, blockchain and crypto have slowly been gaining ground in the mainstream, to mixed success
Bitfinex Lands on UK Financial Watchdog’s Warning List for Unauthorized Promotion of Financial Services
31.10.2023
The Financial Conduct Authority (FCA) in the UK has raised concerns about Bitfinex, a cryptocurrency exchange, that it may be promoting financial services or products without the FCA’s permission. On October 27, the FCA in the UK issued a public warning regarding Bitfinex, expressing concerns...
Crypto funds see largest weekly inflows in more than a year: Coinshares
30.10.2023
Crypto exchange-traded products saw $326 million in inflows during the week ending October 27, according to a report from Coinshares