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Tether nets record $4.52 billion profit in Q1 2024 — majority from Bitcoin and gold
1.5.2024
The majority, or $3.52 billion of the profit, stemmed from the firm’s financial gains on Bitcoin and gold, while the additional $1 billion came from operating profits
Tether Buys $200M Majority Stake in Brain-Computer Interface Company Blackrock Neurotech
29.4.2024
The investment will fund the roll-out and commercialization of the company's medical devices
Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share
25.4.2024
Upbit, a Seoul-based exchange located in the upscale Gangnam district, has captured the majority of the Korean crypto market.
The post Upbit Emerges as South Korea’s Dominant Crypto Exchange with an 80% Market Share appeared first on Cryptonews
ASI token merger to move forward with majority approval
17.4.2024
The ASI token merger has received the green light from all three communities. Notably, the approval comes with a clear majority and a roadmap about how the supply distribution will go in the coming days. For starters, ASI—that is, Artificial Superintelligence Alliance—brings together Fetch.ai...
Crypto Whales Push Mollars Token Presale Past 61% Sold — Here’s How ICO Investors Could See Major ROI Yields
16.4.2024
The Mollars ICO is nearing its final days. The initial coin offering will end in just under 30 days [1 month]. Most impressive in this last stage, the token presale has been highly successful with a majority 61% share of the ICO token supply now sold out.
The post Crypto Whales Push Mollars Token...
Leading Lawmakers From House Financial Services Committee Meet With Chuck Schumer To Discuss Stablecoin Bill: Punchbowl News
12.4.2024
Leading U.S. lawmakers from the House Financial Services Committee (HSFC) met with Senate Majority Leader Chuck Schumer Thursday afternoon to discuss their upcoming stablecoin bill, Punchbowl News has reported. Thursday's meeting marks the latest move by McHenry and Waters to advance stablecoin...
FTX Strikes Deal to Offload Two-Thirds of Anthropic Stake for $884M
26.3.2024
Bankrupt crypto exchange FTX agreed to sell the majority of its shares in AI startup Anthropic for $884m, according to court filings from Friday.
The post FTX Strikes Deal to Offload Two-Thirds of Anthropic Stake for $884M appeared first on Cryptonews
Over 70% of Crypto Users Have Never Lost Assets to Phishing or Hacks: Survey
29.2.2024
A WalletConnect survey published Thursday found that more than 72% of crypto wallet owners in the US and UK said they've never experienced losses from phishing or hacks.
The post Over 70% of Crypto Users Have Never Lost Assets to Phishing or Hacks: Survey appeared first on Cryptonews
Blockchain Investigator ZachXBT Retrieves Most of $177K Stolen DeGods NFT Funds
26.2.2024
Pseudonymous on-chain researcher ZachXBT has successfully recovered the majority of funds from the sale of a rare DeGods non-fungible token (NFT).
The post Blockchain Investigator ZachXBT Retrieves Most of $177K Stolen DeGods NFT Funds appeared first on Cryptonews
U.S. Regulatory Approach Pushing Crypto Overseas, New 21Shares Report Says
1.2.2024
The push by U.S. lawmakers for stringent regulations in the crypto industry is driving business overseas, a 2024 market outlook report released on January 28 from ETP provider 21Shares revealed. The U.S. Desperately Needs Regulatory Clarity 21Shares’ State of Crypto report claims regularity...
Market Manipulation May Have Hit Majority of New Ethereum Tokens in 2023: Chainalysis
1.2.2024
A new study by the on-chain sleuth found possible pump and dump patterns for 54% of tokens listed in 2023
Binance to Reduce Stake in South Korean Digital Asset Exchange GOPAX
31.1.2024
Cryptocurrency exchange Binance is looking to reduce its majority stake in GOPAX, a digital asset exchange based in South Korea. According to a new report from local media sources, Binance is considering selling some of its shares. The exchange will reveal its decision within a month or two citing...
Binance Reviews Its Majority Stake in South Korean Crypto Exchange GOPAX
31.1.2024
The world's largest crypto exchange by trading volume acquired a majority stake in GOPAX in February 2023, re-entering a market it had vacated two years previously
Over 73% of Europeans Are “Positive” About Crypto’s Future: Report
29.1.2024
A recent survey conducted by Binance found that a majority of Europeans were confident about the future prospects of the cryptocurrency industry. The survey, published by Binance Square on January 29, polled 10,498 users in France, Italy, Spain, and Sweden between October 14 and November 8, 2023....
FINRA Claims Widespread Violations in Majority of Crypto Asset Communications
25.1.2024
Following an examination launched in November 2022, FINRA claims widespread potential violations in the way member firms communicate about crypto assets. FINRA Report Alleges Misinformation in Crypto Asset Marketing In a report released on Jan. 23, the Financial Industry Regulatory Authority...
GBTC’s Mixed Fortune: 54% Market Share in ETF Trade Volume Accompanied by $2 Billion BTC Exodus
20.1.2024
Over a span of six days in the U.S. market, nine newly launched spot bitcoin exchange-traded funds (ETFs), along with the recently revamped GBTC, collectively saw a trading volume of $16.53 billion. GBTC, commanding the majority of this trade volume, experienced a substantial reduction in...
Biggest Crypto Gainers Today on Uniswap – CBDC, TEST, TRUMP
18.1.2024
Uniswap logo Despite a slide in the Bitcoin (BTC) price to fresh 2024 lows under $41,500 in recent trade, crypto degens hunting fast gains continue to drive explosive action in low-cap markets, with CBDC, TEST and TRUMP the biggest crypto gainers today on Uniswap. The majority of major...
Tether Holdings “Have The Money They Say They Have” Confirms Cantor CEO
17.1.2024
Howard Lutnick’ – CEO of investment banking giant Cantor Fitzgerald – has a message for Tether Truthers: the stablecoin giant’s assets are 100% backed. During an interview with Bloomberg on Tuesday, the executive reaffirmed his claims that month that Cantor is a custodian...
Hong Kong’s shot at claiming the majority field of virtual assets
11.1.2024
Hong Kong woke up to the news about the US SEC approving Spot Bitcoin ETF applications. This has paved the way for more formal investment proposals by traders, irrespective of their experience. The news about the approval of Bitcoin ETF applications has sparked the keen interest of a notable...
Grayscale’s Bitcoin Trust (GBTC) Outpaces Majority of ETFs with Half a Billion in Trading Volume
9.1.2024
Image by Ascannio, Adobe Stock Grayscale’s Bitcoin Trust (GBTC) has demonstrated significant trading volume, surpassing the majority of existing exchange-traded funds (ETFs). According to industry expert Eric Balchunas, the fund traded close to half a billion dollars on January 8, outshining...