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Bitwise Investments Updates Ethereum ETF Filing, Reveals $2.5M Seed Interest
19.6.2024
Bitwise Investments, a prominent cryptocurrency asset management firm that offers diverse investment products and services focused on digital assets, has updated its ether-based exchange-traded fund (ETF) S-1 filing with the U.S. Securities and Exchange Commission (SEC), revealing $2.5 million...
Bitfinex Becomes First Exchange to List New USD-Denominated, Gold-Tethered Asset
18.6.2024
Bitfinex, a leading digital asset trading platform, has announced the listing of a new USD-denominated Tethered Asset, AUSDT, by Alloy by Tether. This innovative offering tethers its value to Tether Gold, backed by physical gold, introducing a new level of stability and reliability to the volatile...
Tanzania Targets Crypto Traders With Proposed Income Tax Act Amendment
18.6.2024
Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income from digital asset transactions. Digital platform owners or facilitators of digital asset transfers will act as withholding agents. Foreign citizens operating such...
Digital asset funds see biggest weekly outflow since March
17.6.2024
According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14
Digital Asset Funds Witness Major Shake-up Amid Fed’s Hawkish Stance: Coinshares
17.6.2024
Digital asset investment products have seen substantial outflows totaling $600 million, marking the most significant withdrawal since March 22, 2024. According to Coinshares and lead researcher James Butterfill, this exodus is attributed to a hawkish Federal Open Market Committee (FOMC) stance...
The #3 Game On Steam Is Just A Picture Of A Banana
14.6.2024
Clicker games are inherently stupid, and the best ones lean in. That’s why Cookie Clicker is an all-time classic. Years of increasingly idiotic ideas piling on top of one another, but always boiling down to the core concept of clicking on a picture of a cookie. Well, Banana reduces this down to...
US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions
14.6.2024
U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to Russian entities and requires U.S. taxpayers to report crypto transactions...
Taiwan establishes association to help crypto firms self regulate
13.6.2024
The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years in prison
Ripple and Archax Extend Collaboration to Boost Real-World Asset Tokenization on XRP Ledger
13.6.2024
Ripple, a leading enterprise in blockchain and crypto solutions, and Archax, the UK’s first regulated digital asset exchange, have announced an extension to their existing collaboration on June 13, 2024. This partnership aims to bring hundreds of millions of dollars of tokenized real-world...
Thai Finance Minister Revokes Crypto Exchange Zipmex’s Licenses
13.6.2024
The Securities and Exchange Commission (SEC) of Thailand announced Monday that the Thai Minister of Finance has revoked Zipmex’s digital asset exchange and broker licenses effective May 28, 2024. This decision, which followed the Thai SEC Board’s recommendation, was based on concerns over...
Blockchain thriving among Fortune 500 companies, but US lags — Coinbase
12.6.2024
Coinbase’s fourth annual corporate adoption report found that Fortune 500 companies and small businesses are adopting blockchain technology
Ripple Completes Acquisition of Standard Custody & Trust Company
12.6.2024
Ripple has completed its acquisition of Standard Custody & Trust Company, a regulated digital asset custodian. This acquisition, announced by Ripple earlier this year, involves a trust company regulated by the New York Department of Financial Services. It broadens Ripple’s portfolio...
Zimbabwe consults crypto firms on virtual asset regulation needs
12.6.2024
The Zimbabwean government hopes to create a regulatory structure tailored to country’s specific needs and conditions
Surge in Digital Asset Investments Following SEC ETF Approvals, Coinshares Reports
10.6.2024
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 monetary policy expectations. Record-Breaking Week...
South Korea enacts Virtual Asset User Protection Law, issues NFT guidelines
10.6.2024
South Korea is making significant strides in regulating the rapidly evolving cryptocurrency landscape with the implementation of the Virtual Asset User Protection Law. This landmark legislation, now in effect, aims to safeguard users and ensure the integrity of the virtual asset market. Alongside...
Crypto inflows hit $2B in June, Ethereum sees best week since March with $69M
10.6.2024
CoinShares believe the turnaround is due to "weaker than expected macro data in the U.S."
Customers Bank Said to Debank Some Digital Asset Hedge Funds
7.6.2024
The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said
Semler Scientific now holds 828 Bitcoin and has $150M plan to buy more
7.6.2024
The medical manufacturer now holds 828 BTC and says it will “continue to pursue our strategy of purchasing Bitcoins with cash.”
Franklin Templeton considers new altcoin-focused crypto fund
6.6.2024
Franklin Templeton is reportedly considering a private fund for institutional investors dedicated to altcoins
Misyon Bank launches an Avalanche-based asset tokenization platform
6.6.2024
Turkey-based Misyon Bank, an investment bank and one of Turkey’s first neobanks, has recently launched a platform that enables the tokenization of real-world assets on the Avalanche blockchain network. Misyon Bank announced this on June 5, describing it as a comprehensive platform that enables...