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ARK Invest acquires Rize ETF
20.9.2023
ARK Invest has announced that it has acquired Rize ETF, intending to expand its footprints in the European market. The acquisition aligns with the goal of global expansion with the intention of introducing innovation-based active equity ETFs to investors in the European market. Moving forward,...
DeFi Protocol Balancer Says Web Front End Is ‘Under Attack’
20.9.2023
On-chain data appears to show the attacker has stolen over $200,000 from users
Citigroup Unveils Citi Token Services for Cash Management and Trade Finance
20.9.2023
Citigroup has announced the creation and piloting of Citi Token Services for cash management and trade finance. “Citi Token Services will integrate tokenized deposits and smart contracts into Citi’s global network, upgrading core cash management and trade finance capabilities,”...
More SEC Enforcement Action is Coming With DeFi in Firing Line, Warns Key Agency Official
20.9.2023
The head of the US Security and Exchange Commission (SEC)’s Crypto Assets and Cyber Unit David Hirsch just sent a chilling warning to the crypto industry, which has already found itself heavily in the agency’s crossfire in recent months....
Read More: More SEC Enforcement Action is Coming With DeFi...
Crypto Custodian Prime Trust Warns It May Lay Off 62 Employees, Nevada Records Show
19.9.2023
The company filed for bankruptcy in August
Nomura's Laser Digital Starts 'Bitcoin Adoption Fund' for Institutional Investors
19.9.2023
The Bitcoin Adoption Fund will provide long-only exposure and will be the first in a range of such digital asset investment products offered by Laser Digital
German crypto regulator calls for global rules to also govern niche finance centers
19.9.2023
BaFin's top executive stresses the risks of crypto and calls for global regulation to apply to all financial centers, without exceptions
Citigroup Unveils Token Services for Institutional Clients
19.9.2023
In a pilot, Citi used smart contracts to serve the same purpose as bank guarantees and letters of credit working with shipping company Maersk and a canal authority
Binance Staked Ether Experiences $573M in Inflows This Month
19.9.2023
Binance's staked ether token (BETH) experienced $573 million in deposits across two single days in September, more than quadrupling total value locked to $731 million, DefiLlama data show
Activision Says Switch 2's Power Is Akin To PS4, Xbox One
18.9.2023
As reports that a Nintendo Switch successor is inbound become more commonplace, we’re learning more about what we can likely expect from the company’s next console. Maybe this was to be expected, but new details suggest that the performance of the Nintendo Switch 2—or whatever it ends up being...
Chainlink’s LINK Soars, Outperforming Other Crypto Majors
18.9.2023
The uptick comes as the company has secured a number of notable partnerships with traditional finance institutions
Coinbase Receives $1 Million Amid Crypto Hack, Yet Victims Await Compensation – What's Going On?
18.9.2023
Coinbase, the largest US cryptocurrency exchange, has raked in $1 million in profit from the recent hack of DeFi platform Curve Finance.
The exchange has not yet returned the funds, which some argue belong to the victims of the hack, claiming that it is not obligated to do so.
The incident...
Fully-Insured Crypto Staking Service in the Works by German Finance Leaders
18.9.2023
Boerse Stuttgart Digital, the crypto-focused division of the Stuttgart Stock Exchange, has revealed plans to launch a fully insured cryptocurrency staking service.
Boerse Stuttgart Digital is a subsidiary of the Boerse Stuttgart Group, which calls itself Europe's sixth-largest stock exchange...
Crypto VC Firm Blockchain Capital Raises $580M for 2 New Funds
18.9.2023
Most of the firm's limited partners are traditional institutional investors, including university endowments, private foundations, financial institutions, sovereign wealth funds and U.S. pension plans
Decentralized finance needs alternatives to blockchain
18.9.2023
Critics often overlook the inconvenient fact that “decentralized” blockchains in fact depend on centralized points of failure that have the potential to corrupt entire ecosystems
Dex Trade Volumes Plunge 37% Since May; September Volumes Could Be Even Lower
18.9.2023
After capturing $66.5 billion in May, decentralized exchange (dex) trade volumes have fallen for four consecutive months, with August statistics reaching a 2023 low of $41.7 billion. Metrics for the first half of September do not show improvement, with decentralized exchange trade volumes at about...
Tether Co-Founder Sizes Up PayPal’s Stablecoin Ambitions
18.9.2023
Tether pioneer William Quigley, who was also an early investor in PayPal, said he doubts the payments giant will bring much innovation to the stablecoin space
Crypto Community Skeptical of Blackrock’s XRP Pivot Rumors
18.9.2023
Many crypto proponents have warned that despite a small connection between Blackrock and XRP, the news of the world’s largest asset manager shifting focus from bitcoin to XRP is fake. Blackrock is currently waiting for the U.S. Securities and Exchange Commission (SEC) to greenlight its spot...
DeFi economic activity drops 15% in August: VanEck
16.9.2023
According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July
XRP & SHIB dominate trading on WazirX, Borroe.Finance attracts more investors
16.9.2023
$XRP and $SHIB holders are celebrating after being named India’s top 5 most traded cryptocurrencies. Since its victory over the SEC, $XRP’s popularity has increased. Likewise, Shiba Inu ($SHIB) is also in the headlines for the giant strides of its newest Shibarium network. Yet, experts...