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Team Behind Ethereum’s PoW Fork Aims to Launch Network 24 Hours After The Merge
13.9.2022
While The Merge is expected to take place in less than two days, the Ethereum proof-of-work (PoW) fork is scheduled to go live 24 hours after the transition, according to ETHW developers. On August 8, 2022, ETHW exchanged hands for $141 per unit and today the crypto asset is down 73% lower in...
Uruguay Introduces Cryptocurrency Law in Parliament
13.9.2022
A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central Bank of Uruguay competence over cryptocurrency assets, modifying its organic charter,...
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors
13.9.2022
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto...
Tokenization of illiquid assets to reach $16T by 2030 — Report
13.9.2022
A large chunk of the world's wealth today is locked in illiquid assets, notes the report's authors
‘A Dangerous Looking Moment in Global Economics’ — Veteran Investor Jeremy Grantham Warns S&P 500 Could Plunge Another 26%
12.9.2022
Jeremy Grantham, the co-founder of the Boston-based asset management firm Grantham, Mayo, & van Otterloo (GMO) believes Standard and Poor’s 500 (S&P 500) could drop another 26% during the next 12 months, according to statements the veteran investor made last week. The...
Stone Ridge board approved plan for 'liquidation and dissolution' of its Bitcoin fund
12.9.2022
“Effective after the close of business on October 3, 2022, the Fund’s shares will generally no longer be available for purchase," said a Stone Ridge filing with the SEC
Asset Manager Stone Ridge Shutting Bitcoin Futures Fund
12.9.2022
Launched in 2019, the fund failed to garner significant assets under management
A Stable Asset to Law Enforcement
12.9.2022
Far from facilitating crime, stablecoins like Tether and USDC are increasingly useful for fighting it, says a leading white collar investigations lawyer
Digital Asset-Focused Bank Protego Trust Names Ron Totaro as CEO
12.9.2022
Protego added Bitfury’s CEO to its board of directors in February and raised $70 million last year
Russia’s Tech Giant Rostec to Test Digital Asset Payments in International Trade
12.9.2022
Russia’s leading technology company, Rostec, is working on a project to integrate digital assets into cross-border trade. The state-owned corporation says the market is interested in cryptocurrency payments which can reduce sanctions pressure on Russian exporters and importers. Rostec Eyes...
US SEC Sets Up Dedicated Office to Review Crypto Filings
11.9.2022
The U.S. Securities and Exchange Commission (SEC) is setting up a dedicated office to review crypto-related filings. The securities regulator stressed the need to “provide greater and more specialized support” for crypto assets. SEC’s Dedicated Crypto Office The U.S. Securities...
Devere CEO Explains Why He Is Buying the Bitcoin Dip
11.9.2022
The CEO of Devere Group, a financial advisory and asset management firm, has shared multiple reasons why he is buying the bitcoin dip. “Despite the recent turbulence, I believe that the trajectory of bitcoin and other major cryptos is upwards,” he said. Nigel Green Explains Why He...
ETC Group Says It Will List an Exchange-Traded Product Based on Anticipated ETH Hard Fork
10.9.2022
Digital asset-backed securities provider the Etc Group has said it will list an exchange-traded product (ETP) based on an anticipated hard fork of the Ethereum blockchain on September 15. Current holders of Etc Group’s ethereum ETP (ZETH) will be issued with “units of the new security...
Crypto Trading Network Apifiny Turns to Fireblocks to Help Make Asset Transfers Easier
9.9.2022
Apifiny Group is plugging its crypto trading network into custodial service Fireblocks in an effort to lower its asset onramps and off-ramps
500,000 DAI From DAO Maker Exploit Was Sent Through Tornado Cash, Security Analysts Report
9.9.2022
On September 8, the crypto security and smart contract auditing firm Certik revealed that 500,000 DAI was sent through the Tornado Cash mixing platform after the funds were stolen in August 2021. The digital assets originally stemmed from the DAO Maker breach that saw the loss of more than...
SBF and the Mooch tie the knot as FTX Ventures takes 30% stake of SkyBridge Capital
9.9.2022
Scaramucci calls Bankman-Fried part of the “small universe of outside investors SkyBridge would ever consider partnering with,” promises SkyBridge’s investment strategy will not change
Crypto’s S&P 500: CoinDesk Unveils Broad-Market, Digital-Asset Index
9.9.2022
The CoinDesk Market Index is first in a family of nine new price indices built around the media company's Digital Asset Classification Standard for categorizing bitcoin, ether and other digital assets
Thai Regulator Accuses Digital Asset Service Provider of Failing to Comply With Information Request – Matter Referred to Law Enforcement
9.9.2022
Thailand’s securities regulator recently said it had referred digital asset service provider Zipmex and its Thai unit chief executive officer, Akalarp Yimwilai, to a technology crime division of the Royal Thai Police. The regulator said it made decision after Yimwilai and his company failed...
Materium (MTRM) Is Now Available for Trading on LBank Exchange
9.9.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 8, 2022 – LBank Exchange, a global digital asset trading platform, has listed Materium (MTRM) on September 5, 2022. For all users of LBank Exchange, the MTRM/USDT trading pair is now officially available for trading. As an epic fantasy RPG powered...
Investment Management Giant Franklin Templeton to Offer Digital Asset Strategies to Wealth Managers
8.9.2022
Introduced in partnership with crypto-focused Eaglebrook Advisors, the platform will be available for U.S. investors in mid-October