Search
Japan crypto ETFs boosted by Franklin Templeton and SBI Holdings partnership
26.7.2024
The Japanese joint venture will focus on ETFs and other “emerging asset classes” including digital assets and cryptocurrency
JPMorgan Chase unveils generative AI for analyst work
26.7.2024
JPMorgan Chase introduces LLM Suite, an AI-driven tool similar to ChatGPT, to boost productivity in its asset and wealth management division
Digital Shekel Challenge: Bank of Israel Engages 14 Teams for Digital Currency Innovation
26.7.2024
The Bank of Israel has initiated the “Digital Shekel Challenge” to explore the potential of a central bank digital currency (CBDC) system inspired by the BIS Innovation Hub’s “Project Rosalind.” Fourteen teams from various sectors have been selected to propose innovative use cases....
Direct client demand driving growth in BlackRock's Bitcoin ETF so far
25.7.2024
BlackRock head of digital assets Robert Mitchnick talked ETFs with Bloomberg’s James Seyffart at Bitcoin 2024
Crypto for Advisors: Making Sense of Crypto
25.7.2024
As the momentum of the crypto and blockchain industry continues to grow, securities advisors are undoubtedly facing a greater number of questions from clients about specific crypto assets and the projects which underlie them. Evaluating these projects requires a thorough understanding of several...
Bitcoin Rewards App Fold to Become Publicly Traded Company Through Merger
24.7.2024
Fold Inc., a bitcoin financial services firm, is set to go public through a merger with FTAC Emerald Acquisition Corp., a special purpose acquisition company (SPAC). The transaction, expected to close in the fourth quarter of 2024, will see Fold listed on Nasdaq under a new ticker symbol. Fold...
Tesla Maintains Bitcoin Hoard in Q2 Financial Report
24.7.2024
In its financial statements for the second quarter of this year, Tesla clarified that it had not offloaded any of its Bitcoin (BTC) for the eighth quarter in a row. The electric car maker currently has about 9,720 Bitcoins worth $640 million. This reserve was hence bought at an estimated total cost...
South African Startup Neonomad to Launch Rand-Backed Stablecoin
24.7.2024
Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple...
Google parent Alphabet profit surges 29% in Q2 amid AI splurge
24.7.2024
The firm’s CEO, Sundar Pichai, said its AI products have already generated “billions” in revenue from its cloud business
Bill targeting illicit use of crypto passes US House
23.7.2024
The Financial Technology Protection Act passed the House of Representatives by voice vote roughly a year after lawmakers sent it out of committee
Single Entity Risk Questioned as Coinbase Dominates ETH and BTC ETF Reserve Storage
23.7.2024
The day before the spot ether exchange-traded funds (ETFs) were introduced, Coinbase posted on X to clarify its position regarding spot BTC and ETH ETFs. The company mentioned that it holds assets for ten out of 11 spot bitcoin ETFs and eight out of nine ether ETFs. Gabor Gurbacs, founder...
Trump quashes reports on Jamie Dimon and Larry Fink as his Treasury Secretary
23.7.2024
The 78-year-old Republican nominee responded to reports suggesting he was considering the two financial CEOs for his cabinet
Gate.io to wind down services for customers in Japan
23.7.2024
The crypto exchange blamed regulatory pressures and “compliance requests” from local financial regulators as the reason it terminated its services
Leader of Russian State Duma’s Financial Market Committee Labels ‘Hamster Kombat’ a ‘Scam’ and Calls for Its Termination
23.7.2024
Anatoly Aksakov, the Chairman of the Russian State Duma Committee on the Financial Market, has stated that ‘Hamster Kombat’, a popular tap-to-earn game, should be stopped in Russia. Aksakov emphasized that ‘Hamster Kombat’ manipulates the psyche of citizens, leading them to believe that they...
U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate
22.7.2024
The U.S. House of Representatives has approved another piece of cryptocurrency legislation with a routine voice vote, though the bill to set up a government working group to assess how to keep bad actors from using digital assets isn't likely to become a law as-is
Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms
20.7.2024
Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs
Gemini reaches settlement with IRA Financial Trust over $36M exploit
19.7.2024
The lawsuit, initially filed by IRA in June 2022, alleged that Gemini misrepresented its security protections, resulting in an exploit that removed $36 million in crypto
Microsoft Windows data blackout downs major financial firms, airlines
19.7.2024
Global Microsoft Windows failure possibly linked to a CrowdStrike software update has disrupted critical services worldwide, hitting banks with widespread online banking outages and grounding flights
Hong Kong Regulators Say Proposed Stablecoin Regulation Has Received Positive Stakeholder Feedback
19.7.2024
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders. Stakeholders Support Introduction of Stablecoin...
21Shares launches Injective ETP with staking on Euronext
18.7.2024
INJ takes a spot among the largest cryptos with a financial product exposing it to traditional investors