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JPMorgan: Retail Investors Drive Selloff in Both Crypto and Equity Markets
2.5.2024
JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly in stocks, bitcoin,...
Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo
2.5.2024
Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding on-chain assets
Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin
2.5.2024
Tether's net equity stood at an impressive $11.37 billion as of March 31, a substantial increase from the previous record of $7.01 billion worth of equity at the end of the quarter in December 2023.
The post Tether Holdings Reports Record $4.52 Billion Net Profit in Q1 2024 for USDT Stablecoin...
MicroStrategy to launch Bitcoin-based decentralized ID solution
2.5.2024
MicroStrategy has already built an application on “MicroStrategy Orange” — Orange For Outlook — which integrates digital signatures into emails to verify the identity of the sender
GTA 6 Publisher Axes Incredible Indie Studio Behind OlliOlli And Rollerdrome
1.5.2024
Last month, Take-Two announced it was “rationalizing its pipeline” by cutting hundreds of jobs and cancelling $140 million worth of in-development projects. Today, it moved ahead with shutting down the studios behind Kerbal Space Program 2 and OlliOlli World, Bloomberg reports.Read more
New Russian Law Will Legalize Industrial Crypto Miners, Limit Private Mining
30.4.2024
Russian lawmakers are set to legalize the nation’s industrial crypto mining sector, but could impose limits on home-based “private” miners.
The post New Russian Law Will Legalize Industrial Crypto Miners, Limit Private Mining appeared first on Cryptonews
Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue
25.4.2024
Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company anticipates its expenses will soar to between $96 billion...
Can crypto traders out-predict Wall Street on Coinbase Q1 earnings?
24.4.2024
Coinbase has surpassed EPS estimates for the last four quarters, and crypto analysts expect this trend to continue next week
NYSE Considers 24-Hour Trading Model in Response to Crypto Market Trends
22.4.2024
Cryptocurrency markets operate continuously, trading every day of the week, around the clock. In a similar vein, reports indicate that the New York Stock Exchange (NYSE) is exploring the possibility of shifting to 24/7 operations. The data team at NYSE has conducted a survey among its investors...
Crypto Wealth Management Firm Abra Launches New Platforms for Private Clients
18.4.2024
Crypto wealth management firm Abra said it has launched the “Abra Prime” and “Abra Private” platforms for private clients and received approval from the U.S. Securities and Exchange Commission to operate as an investment advisor
The post Crypto Wealth Management Firm Abra Launches New Platforms...
Privacy Protocol Railgun Denies Any Link to Lazarus Group
17.4.2024
The EVM privacy protocol Railgun refutes claims linking North Korea's Lazarus Group to its platform, citing Private Proofs of Innocence system that blocks sanctioned users.
The post Privacy Protocol Railgun Denies Any Link to Lazarus Group appeared first on Cryptonews
Homium Raises $10M and Tokenizes Home Equity Loans on Avalanche
16.4.2024
The loans are currently live in Colorado and plan to extend to other states
Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR
10.4.2024
MicroStrategy's convertible bonds are due in December 2025, and seem due to a large-scale conversion into equity.
The post Why MicroStrategy Could Flood The Market With 1.6 Million Shares Of MSTR appeared first on Cryptonews
Ghanaian Fintech Startup Zeepay Secures $3 Million Equity Investment
9.4.2024
The Ghanaian fintech startup Zeepay recently secured a $3 million equity investment from the venture capital firm, Verdant Capital Hybrid Fund. Zeepay plans to use the raised funds to bolster its standing as it prepares for significant growth in 2024. Solidifying Zeepay’s Position in Africa...
Keychainx CEO Says Advanced AI and Nvidia GPUs Assisted in Recovering 120 BTC
8.4.2024
According to the CEO of Keychainx, new wallet features and security upgrades, such as 25-word passphrases, Shamir secrets, and two-factor authentication (2FA) for Electrum wallets, can decrease the likelihood of recovery if access is lost. The CEO stated that advanced artificial intelligence (AI)...
Must Bitcoin ‘Drop Ideals’ of Decentralization to Achieve Mass Adoption?
3.4.2024
Key management is crucial to Bitcoin maintaining decentralization. But, as hacks and exploits have grown in number, the dream of self-custody has become more difficult to maintain
Banks like Citi adopt blockchain and tokenization in private markets
28.3.2024
In collaboration with Wellington and WisdomTree, Citigroup Inc. conducted a simulation regarding the tokenization of private funds in blockchain wagering. This endeavor was designed to demonstrate how a blockchain network can tokenize a private equity fund. Wall Street may embrace distributed...
Hague Legal Body Launches Digital Asset Tokenization Project to Tackle Cross-Border Challenges
28.3.2024
The Hague Conference on Private International Law has initiated a project on digital asset tokenization. It aims to bring legal clarity to cross-border businesses engaging with digital assets.
The post Hague Legal Body Launches Digital Asset Tokenization Project to Tackle Cross-Border Challenges...
Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms
27.3.2024
Crypto mining firm Bitdeer Technologies is reportedly in discussions with private credit firms to secure $100m in financing to expand its Bitcoin mining capacity.
The post Crypto Miner Bitdeer Seeks $100M Financing from Private Credit Firms appeared first on Cryptonews
Security Vulnerability in Apple’s M-Series Chips Puts Mac Users’ Crypto Private Keys at Risk
22.3.2024
Researchers have uncovered a significant security vulnerability in Apple's M-series chips, raising concerns about the safety of crypto private keys stored on Mac computers.
The post Security Vulnerability in Apple’s M-Series Chips Puts Mac Users’ Crypto Private Keys at Risk appeared...