Search
Lackluster Performance for Hong Kong Bitcoin ETFs Since Launch
17.5.2024
Since the Hong Kong spot bitcoin exchange-traded funds (ETFs) began trading, their performance has been underwhelming, with three ETFs accumulating around $228 million in net assets. Inconsistent Inflows and Outflows Mark Hong Kong Bitcoin ETFs’ First Weeks On Thursday, the spot bitcoin ETFs...
Synthetix stablecoin, sUSD, becoming more scalable and decentralized
17.5.2024
sUSD, Synthetix’s stablecoin, is undergoing a critical phase in preparation for the V3 release, which will result in enhanced decentralization and upgradability. The previous V2x mechanism encouraged participation by minting the SNX token. It differs from the present version in that it brings...
ZkSync, Ethereum Layer-2 Network, Hints at Airdrop By End of June
17.5.2024
Zero-knowledge (ZK) rollup zkSync has suggested that a governance token airdrop will take place at the end of June
Morgan Stanley Latest Bank to Disclose Spot Bitcoin ETF Holdings for Clients
17.5.2024
Morgan Stanley was the owner of $269.9 million of Grayscale’s Bitcoin Trust (GBTC) as of March 31, a 13F filing showed
US Bitcoin ETFs See 4 Days of Inflows, Blackrock’s IBIT Nears GBTC’s Reserve Levels
17.5.2024
On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth day of inflows, accumulating $257.3 million. Grayscale’s Bitcoin Trust (GBTC) also experienced its fourth day of inflows, gaining $4.6 million during the trading sessions. Spread Between IBIT and GBTC Bitcoin...
Binance-backed Magic Square IDO platform to democratize retail investor access
17.5.2024
IDO launchpads are becoming a popular way to raise funds for projects, with some IDOs reaching nearly half a billion dollars
Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics
17.5.2024
The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said
Dolce & Gabbana Sued for Messing Up Delivery of Its NFTs: Bloomberg
17.5.2024
A lawsuit filed on Thursday alleges Dolce & Gabbana USA messed up their delivery resulting in NFTs bought by a customer for $6,000 losing 97% of their value, Bloomberg reports
Reddit Stock Price Jumps After OpenAI Data-Sharing Deal
17.5.2024
Social media firm Reddit's stock rose 13.5% after a data-sharing deal with OpenAI, the creator of the artificial intelligence (AI) chatbot ChatGPT.
The post Reddit Stock Price Jumps After OpenAI Data-Sharing Deal appeared first on Cryptonews
The Hashgraph Association Partners With Qatar Financial Centre to Launch Digital Assets Venture Studio
17.5.2024
The Hashgraph Association, a Swiss non-profit organization, has partnered with the Qatar Financial Centre (QFC) to launch a $50 million digital assets venture studio. The venture studio aims to support companies in developing regulatory-compliant decentralized finance (defi) solutions. Supporting...
SKUx and Visa partner to boost merchant and CPG digital transformation
17.5.2024
SKUx inks an exclusive deal with Visa to expedite digital transformation for specific business houses and FMCG firms. These organizations employ SKUx’s payment-focused services to support a variety of consumer use cases. These include client intake, loyalty issues, and a whole lot more. SKUx...
14th Africa Bank 4.0 Summit – Pan Africa: Shaping the future of finance in Nairobi, Kenya
17.5.2024
With a vision of “Celebrating Africa’s Financial Realities: Where Digital Dreams Shine Bright”, the 14th Africa Bank 4.0 Summit – Pan Africa is all set to take place on May 29-30, 2024, in Nairobi, Kenya. With a history of 13 successful editions of the flagship “Africa Bank 4.0 Summit”,...
Bitcoin bridge XLink resurrection underway post $10M hack
17.5.2024
XLink faced a security breach involving almost $10 million, with $4.3 million recovered thanks to a friendly neighborhood whitehat hacker
Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In
17.5.2024
Donald Trump's recent pro-crypto stance is seen as opportunistic by some, aligning with crypto entrepreneurs against stifling innovation.
The post Is Donald Trump’s Recent Crypto-Friendly Stance Genuine Or Opportunistic? Experts Weigh In appeared first on Cryptonews
Tim Draper Champions Blockchain Startups: Announces Major Partnership With Stellar
17.5.2024
Renowned venture capitalist Tim Draper announced a significant collaboration between Draper University and Stellar. The partnership aims to accelerate and fund up to 80 startups over the next two years, with these startups set to build on the Stellar blockchain platform. The initiative includes...
SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems
17.5.2024
SWIFT China President Wen Yang discusses the challenges and solutions for cross-border CBDC interoperability and initiatives to bridge the technological gaps between different CBDC systems.
The post SWIFT China President Wen Yang on Overcoming Barriers in CBDC Systems appeared first on Cryptonews
DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi
17.5.2024
The Depository Trust and Clearing Corporation (DTCC) has partnered with blockchain oracle Chainlink to conclude a pilot program involving several major banking firms in the United States.
The post DTCC and Chainlink Launch Pilot Program with US Banking Giants to Advance Tokenization in TradFi...
Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances
17.5.2024
TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership with Chipper Cash, an Africa-focused fintech company. This partnership aims to expedite consumer remittances and make them more affordable. According to a statement, Chipper Cash plans to use the decentralized exchange...
Legendary Investor Tim Draper Leads Bitcoin Lending Protocol Zest’s $3.5 Million Seed Round
17.5.2024
Draper Associates, the VC firm led by the legendary investor Tim Draper, has led the $3.5 million seed round of Zest Protocol, a Stacks-based Bitcoin lending market. The round, which also had the participation of Binance Labs, Flow Traders, Trust Machines, and others, seeks to allow bitcoin holders...
Juno Addresses Banking Service Disruption — ‘This Is Outside Our Control’
17.5.2024
Juno Finance acknowledges the disruption in banking services and is collaborating with its brokerage and banking service providers, Synapse and Evolve Bank & Trust, to restore full service as soon as possible. Juno is a financial platform that integrates checking and savings accounts with...