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British Billionaire Alan Howard’s Crypto Firm Scores UK Watchdog Approval
24.1.2024
Goldman Sachs-backed crypto platform Elwood Technologies announced Wednesday that the firm secured regulatory approval as a service provider. The Financial Conduct Authority’s approval covers Elwood’s execution system for security tokens and derivatives. Elwood, founded by British...
Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, Says Anthony Bevan
24.1.2024
Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor, added that spot bitcoin...
Report: Ethereum and Solana Showcase Unique Market Dynamics in Recent Altcoin Trends
23.1.2024
In the dynamic world of crypto markets, recent trends have illuminated intriguing divergences in the altcoin market, particularly between ethereum and solana, relative to bitcoin. A comprehensive report published by Glassnode, an onchain analytics firm, delves into this phenomenon. Altcoin Dynamics...
Deutsche-backed Taurus Receives Green Light to Introduce Tokenized Securities for Retail Clients
23.1.2024
Fintech firm Taurus has received regulatory approval from Switzerland’s financial regulator to offer tokenized securities to retail clients. In a press release published January 23rd, Taurus announced that it had received regulatory approval from Switzerland’s Financial Market...
Kaspersky Labs Uncovers MacOS Malware Targeting Bitcoin and Exodus Wallets
23.1.2024
Cybersecurity firm Kaspersky Labs has uncovered a new strain of malware specifically designed to target macOS users and their Bitcoin and Exodus wallets. The company said in a press release on Monday that the malware is distributed through pirated software and replaces legitimate wallet...
Cathie Wood’s Ark Buys $64M of its Spot Bitcoin ETF Since Launch
23.1.2024
Famed money manager Cathie Wood’s investment firm bought an extra $21m of its bitcoin-based spot ETF on Monday, bringing its total purchases in the fund to around $64m. Ark Invest bought 523,541 shares of the Ark 21Shares Bitcoin ETF (ARKB) on Monday via its Ark Next Generation ETF (ARKW),...
BitRiver – Bitcoin Mining More Profitable in Russia Than US
23.1.2024
The head of Russia’s biggest crypto mining firm says that Bitcoin (BTC) mining is more profitable in his country than in the United States – and that halving will only heighten the discrepancy. Per RBC, Igor Runets, the Founder and CEO of BitRiver, said the difference would likely become more...
Ripple Asks Judge to Deny SEC’s New Discovery Requests Concerning XRP
23.1.2024
Ripple Labs has opposed the requests by the U.S. Securities and Exchange Commission (SEC) for post-compliant discovery concerning XRP. Ripple argued that the regulator’s requests are “untimely” and “the SEC has failed to justify each of its requests on...
Crypto Mining Investor B.Riley Facing SEC Probe
22.1.2024
B.Riley, an investment firm that has backed numerous Bitcoin mining projects, is allegedly involved in a probe brought forth by the United States Securities and Exchange Commission (SEC), according to a new report from Bloomberg. B.Riley’s deals in question following business with alleged...
Castle Funds’ COO Exclusive: Just Because Bitcoin ETFs Are Allowed Doesn’t Mean They’ll Succeed
22.1.2024
In an insightful interview with Cryptonews, Dan Hoover, the Chief Operating Officer and Chief Compliance Officer at investment firm Castle Funds, discussed several Bitcoin ETF-related topics. These include how valuable Bitcoin ETF trading volume information really is, what it takes for ETFs...
Pantera Capital Projects Bitcoin Price Resurgence and Increased DeFi Market Activity
22.1.2024
Cryptocurrency management company Pantera Capital has released its yearly projections on Bitcoin (BTC) and the wider industry with expectations of more bullish activity for the market leader. In a recent market report, the firm highlighted the projected movement of the Bitcoin price valuation....
Scammers Use Meme Coin Mania to Defraud 42,000 Victims and Amass $32 Million: Blockfence
22.1.2024
A group of fraudsters has managed to deceive over 42,000 victims, accumulating a staggering $32 million in a series of crypto scams that began in April 2023. What makes this scam unique is the use of a method that even fooled some of the industry’s renowned “rug pull detectors,”...
Crypto Firm USI Tech Founder Horst Jicha Arrested for Alleged $150 Million Fraud
22.1.2024
Horst Jicha, the founder of crypto firm USI Tech, has been arrested and charged by U.S. authorities for his involvement in an alleged $150 million international fraud scheme. According to a recent release published by the U.S. Depoartment of Justice (DOJ), Jicha, a 64-year-old German national,...
Tokenized Real-World Asset Platform Ondo Finance Announces Expansion into Asia Pacific
22.1.2024
Tokenized Real-World Assets platform Ondo Finance has officially announced its expansion into Asia Pacific with the inauguration of its first office in the area. However, the firm did not disclose the country or the city where the office has been opened. Ondo Finance, currently holds 40% of...
Russia’s Nornickel Using ‘Digital Assets’ to Pay Employee Dividends
22.1.2024
Source: Alex J/Adobe The Russian metal mining giant Nornickel (Nornickel Norilsk) says it will start paying its employees dividends with “digital financial assets.” The firm’s board of directors has approved a program that will see employees receive around $10.40 per share. And, according to...
Spartan Group’s Report Reveals Bitcoin’s Untapped Potential via Emerging Layers
20.1.2024
A new report details how Ordinals and other layer-two innovations can reshape Bitcoin’s role in the digital economy, moving it beyond just a store of value. New Report Outlines How Bitcoin Can Evolve to a Multi-Layered Ecosystem The “Bitcoin Layers” report, produced by...
Former LedgerPrime Employees Launch Split Capital Hedge Fund Focused on Liquid Tokens
19.1.2024
Former employees of crypto trading firm LedgerPrime have unveiled a new hedge fund named Split Capital, focusing on liquid tokens. Split Capital’s founders include Zaheer Ebtikar, Michael Churchouse, and Nai Boonkongkird, with Shiliang Tang, former chief investment officer at LedgerPrime...
US Spot Bitcoin ETFs Attracting European Bitcoin ETPs – CoinShares Analyst
19.1.2024
Source: AdobeStock/Luisa Spot Bitcoin ETFs are already grabbing the headlines, according to a recent CoinShares report released on January 15. In the blog post, the digital assets investment firm revealed a $1.18 billion inflow into the crypto space in the past week. Turning its searchlight into...
Bitcoin Could See a “Nice Slug” of Gold’s Trillion-Dollar Asset Value, Cathie Wood Says
19.1.2024
ARK Investment Management CEO Cathie Wood believes Bitcoin (BTC) could soon be nearly as valuable as gold, according to a recent interview she conducted with Brazilian financial markets information firm, InfoMoney. As good as gold? “Gold is a trillion-dollar asset out there, and we do believe...
Franklin Templeton Eyes Broad Crypto Expansion Beyond Bitcoin, Foresees More ETP Filings
19.1.2024
Franklin Templeton’s Head of Digital Assets, Sandy Kaul, foresees an increase in filings following the recent approval of 11 new spot bitcoin exchange-traded funds. Kaul highlighted that the firm, managing $1.5 trillion in assets, recognizes the “potential of this whole crypto...