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SEC Charges Novatech in $650 Million Crypto Fraud Scheme
13.8.2024
The U.S. Securities and Exchange Commission (SEC) has charged the masterminds behind Novatech with running a fraudulent $650 million crypto scheme. Novatech allegedly operated as a multi-level marketing and crypto asset investment program, where most investor funds were misappropriated to...
Mixed Fortunes for US ETH ETFs: Blackrock, Fidelity and Bitwise Thrive Amid Market Shifts
12.8.2024
Twenty days have passed since the debut of U.S. spot ethereum exchange-traded funds (ETFs), encompassing 14 trading sessions to date. During this period, the overall net inflows have dipped to a loss of $405.94 million. Nevertheless, Blackrock’s ETHA and Fidelity’s FETH have witnessed...
Digital Asset Fund Inflows Spike as Market Corrects, Ethereum Leads With $155M
12.8.2024
Digital asset investment products saw a significant rebound in inflows, totaling $176 million, as investors took advantage of recent price corrections. According to Coinshares and its lead research analyst James Butterfill, ethereum was the standout performer, benefiting the most from these market...
BlackRock’s Crypto Playbook: A Look at Investment Strategies
12.8.2024
BlackRock, the global investment giant managing a staggering $10 trillion in assets, has entered the cryptocurrency space with…
Tech giants losing momentum as AI progress disappoints investors
12.8.2024
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus
Tech giants losing momentum as AI progress disappoints investors
12.8.2024
The current AI oversupply has prolonged the cost recovery on major AI investments, which could force large corporations to shift investment focus
African Union greenlights AI adoption across member states
11.8.2024
The strategy aims to fast-track AI development and adoption in Africa, driving innovation and growth that aligns with Nigeria’s digital transformation goals
Bloomberg’s Mike McGlone: Recession Fears Could Drive Gold to $3,000
9.8.2024
In a recent interview with Kitco News, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, warned that the current economic situation might surpass the 2008 financial crisis in severity. Drawing comparisons to pre-2008 indicators, McGlone highlighted significant risks of increased...
10 signs you’ve been in the crypto industry too long
9.8.2024
Discover the telltale signs of a true crypto veteran through market crashes, memecoins, and the highs and lows of digital gold
Solana ETF Approval Boosts Brazil’s Crypto Investment Hub Status
8.8.2024
On August 7, Brazil’s Securities and Exchange Commission (CVM) approved the country’s first Solana ETF. This ETF, one…
Amazon faces UK merger probe over $4B Anthropic AI investment
8.8.2024
Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition
Amazon faces UK merger probe over $4B Anthropic AI investment
8.8.2024
Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition
Amazon faces UK merger probe over $4B Anthropic AI investment
8.8.2024
Microsoft and OpenAI face similar scrutiny as Europe and the UK seek to identify the line between investment and acquisition
Aave DAO and Trident launch $100M onchain fixed-yield loan
8.8.2024
The collaboration aims to provide a secure, stable investment option, mitigating traditional market volatility and risks for lenders
Aave DAO and Trident launch $100M onchain fixed-yield loan
8.8.2024
The collaboration aims to provide a secure, stable investment option, mitigating traditional market volatility and risks for lenders
Metaplanet secures 1B yen loan to buy more Bitcoin
8.8.2024
Just two days after revealing plans to raise $70 million via a stock rights offering, ‘Asia’s MicroStrategy’ has taken a $6.8 million loan from one of its shareholders to buy more Bitcoin
Michael Saylor Continues to Expand His $1 Billion Personal Bitcoin Holdings
8.8.2024
Microstrategy’s executive chairman, Michael Saylor, has revealed that he continues to add to his personal bitcoin holdings, which total at least 17,732 BTC. He disclosed this amount four years ago and has not sold any since, continuing to buy more. Saylor views bitcoin as an ideal investment...
Grayscale Launches 2 New Crypto Trusts Focused on AI and Scalable Blockchain Tech
7.8.2024
Grayscale Investments has announced the launch of two new cryptocurrency investment trusts—Grayscale Bittensor Trust and Grayscale Sui Trust. These new offerings aim to provide accredited investors with targeted exposure to the burgeoning fields of decentralized artificial intelligence (AI)...
Bitcoin could fall below $50K if Magnificent 7 stocks stage another $500 billion loss
7.8.2024
Bitcoin could see more downward pressure if the top tech stocks in the US continue to shed value
Bitcoin could fall below $50K if Magnificent 7 stocks stage another $500 billion loss
7.8.2024
Bitcoin could see more downward pressure if the top tech stocks in the US continue to shed value