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Ledn Co-Founder Anticipates Future ETFs to Include Bitcoin-Ether Mix
16.2.2024
The traditional structure of Spot Bitcoin ETFs may be reaching its peak. Mauricio Di Bartolomeo, co-founder and Chief Strategy Officer at Ledn, anticipates a shift beyond vanilla ETFs. He expects these to incorporate a wider range of crypto assets within single investment vehicles in the coming...
USD-Pegged Stablecoins Could Boost Dollar Dominance: Fed Governor
16.2.2024
The US Fed Governor Christopher Waller, who previously voiced cryptos are “risky,” now throws a positive stance on dollar-pegged stablecoins. Speaking at a conference in Nassau, Bahamas on Thursday, Waller said that decentralized finance (DeFi) could actually boost dollar dominance. He stressed...
Stupid Things Craig Wright Said in His Latest Stupid Trial
15.2.2024
RockWallet Absorbs Crypto Payments Firm Wyre’s User Base in Post-Shutdown Move
15.2.2024
Following last year’s closure of crypto checkout gateway Wyre, non-custodial wallet RockWallet is stepping in to acquire its user base. The self-managed crypto wallet acquired the entirety of Wyre’s customer base on Thursday, around eight months after the latter’s shutdown in June 2023....
Crypto Miner Phoenix Group Reports 50% Jump in Net Income
15.2.2024
UAE-based blockchain mining firm Phoenix Group said it has seen a 50% growth in net income and a “substantial increase” in year-on-year sales following its initial public offering (IPO) on the Abu Dhabi Stock Exchange. In an announcement, Phoenix Group said sales experienced a surge of...
Gensler Hesitates on Ethereum ETFs, Cites Court Loss as Reason for Bitcoin ETF Approval
15.2.2024
Securities and Exchange Commission (SEC) Chair Gary Gensler has remained tight-lipped regarding spot Ethereum (ETH) exchange-traded funds (ETFs). When questioned about the possibility of a decision and the timeline for approval, Gensler said that the process would follow the same approach...
Over 1 Million Telegram Users Sign Up on NEAR Protocol’s Self-Custodial Wallet in 10 Days
15.2.2024
Over 1 million Telegram users have created wallets using HERE, the self-custodial wallet designed for the NEAR Protocol (NEAR), within a span of just 10 days. In a recent note shared with Cryptonews.com, NEAR said users had already created 300,000 wallets within the first 48 hours of its launch...
Bitcoin ETFs Pose Long-Term Threat to Public Crypto Miners: Galaxy
15.2.2024
Spot Bitcoin ETFs present long-term competition for publicly traded cryptocurrency miners, according to a Galaxy Research report published Wednesday. Galaxy analysts said that before these ETFs were approved, public mining stocks were one of the few ways investors could gain exposure to Bitcoin...
Robinhood’s Strong Crypto Performance Sets Positive Tone for Coinbase Earnings
14.2.2024
Coinbase shares rose 10% today after Robinhood’s Q4 2023 earnings report yesterday said that the popular trading app made a tidy profit from its crypto trading business. Robinhood declared its transactions-based revenues in Q4 2023 rose 8% compared to the same quarter the preceding year. In...
How Indonesia’s Election Outcome Will Impact Crypto
14.2.2024
Indonesia, a trillion-dollar economy, is impossible to ignore. The country held its election on Wednesday with defence minister Prabowo Subianto and ex-governors Anies Baswedan and Ganjar Pranowo all competing to become the next president. In December, Indonesia’s Mayor Gibran Rakabuming...
Digitex CEO Charged for Illegally Operating Crypto Futures
14.2.2024
Digitex crypto futures exchange CEO Adam Colin Todd willfully failed to include adequate anti-money-laundering (AML) program, Florida federal court alleged. The US Attorney’s Office for the Southern District of Florida said in a statement Tuesday that the offender “willfully caused Digitex Futures...
Coinbase Suspends PLA Token Trading After PlayDapp’s Smart Contract Suspension
14.2.2024
Coinbase suspended PLA token trading on Wednesday after Web3 gaming platform PlayDapp paused the smart contract’s functionality. “We will continue to monitor developments related to PLA from the issuer and update our customers as more information becomes available,” Coinbase said on X. PLA’s...
Spot Bitcoin ETFs Contribute 5% of Crypto Trading Volume on Robinhood: CFO
14.2.2024
Robinhood on Tuesday revealed that about 5% of its total crypto trading activity originates from recently introduced spot Bitcoin ETFs. The remaining 95% still stems from spot trading conducted within the platform’s crypto division. During the quarterly earnings call, CFO Jason Warnick said...
FinCEN Sees Rise in Bitcoin Being Used in Human Trafficking Cases
14.2.2024
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) said it has seen a rise in the number of Bitcoin transactions used in connection with human trafficking and online child exploitation cases. According to FinCEN recent findings show 95% of cases involving online child exploitation...
CoinDCX Partners with Defunct Crypto Exchange Koinex to Provide Access for its Users
13.2.2024
CoinDCX has partnered with Koinex, an Indian cryptocurrency exchange that ceased all trading operations due to regulatory uncertainties, to enable the platform’s users to access their assets. In a Tuesday announcement, CoinDCX said it has struck a Memorandum of Understanding (MoU) deal with...
Michael Saylor Says There’s a Decade of Pent up Demand for Bitcoin ETFs
13.2.2024
MicroStrategy executive chairman and co-founder Michael Saylor, said there is over a decade of pent-up demand for Bitcoin exchange-traded funds, in an interview with CNBC. “There’s 10 years of pent-up demand people been waiting for these ETFs and finally, mainstream investors are able...
Two Russian Crypto Mining Centers Shut Down, 400+ Rigs Taken Offline
13.2.2024
Russian crypto mining efforts suffered a setback last week, with police closing two large, illegal data centers. In total, officers said they took over 400 crypto mining rigs offline in raids in Siberia and the republic of Dagestan. Russian Crypto Mining Still in Regulatory ‘Grey Zone’...
Japan Metaverse: City of Kochi Unveils ‘Tourism Boost’ Plans
13.2.2024
Kochi, Japan, will move into the metaverse space, with city officials sealing a web3 deal with the Philippines-based Start Lands. Per Kochi News and CoinPost, the city government signed its deal with the firm behind the Start Land metaverse project on February 7. The parties said a “virtual Kochi”...
London-Based Wine Platform Curated Ventures into the Metaverse
12.2.2024
Curated, a UK-based wine platform, has launched a new metaverse experience for its community members allowing them to fully immerse themselves in the provenance of wine. In a press release, Curated said it using the latest technology to develop a metaverse tailored for passionate wine collectors...
Russian Central Bank Says ‘Almost All Financial Scams Are Now Crypto-themed’
12.2.2024
The Russian Central Bank claimed “almost all” the financial scams it found last year had crypto-related elements. In an official release, the bank wrote that there had been a year-on-year rise of almost 16% in financial scams in 2023. In “almost” every case, the bank said it had detected a crypto...