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Goldman Sachs Discloses $418 Million Bitcoin ETF Holdings
16.8.2024
Global investment bank Goldman Sachs has reported holdings of $418 million in spot bitcoin exchange-traded funds (ETFs) in the second quarter. Its biggest position is a $238 million stake in Blackrock’s Ishares Bitcoin Trust (IBIT). In contrast, Morgan Stanley reduced its bitcoin ETF holdings....
Chaos Labs Secures $55M Series A Funding to Bolster Defi Risk Management Solutions
16.8.2024
Chaos Labs has raised $55 million in a Series A funding round, led by Haun Ventures, to advance its onchain risk management platform for decentralized finance (defi). The company plans to use the funds to further enhance its technology, which automates real-time protocol parameter recommendations...
Newly Launched ETF Supercharges Microstrategy Bets: 1.75x Risk or Reward
15.8.2024
Defiance ETFs has introduced MSTX, the first leveraged single-stock exchange-traded fund (ETF) focused on Microstrategy, offering 175% long daily exposure. This ETF targets sophisticated investors seeking amplified exposure to Microstrategy’s volatile performance. Defiance ETFs Launches Leveraged...
WazirX Users Outcry on Scheduled Maintenance Post $234M Hack
15.8.2024
Last month, WazirX led crypto hacks, having been hacked for over $234 million. Now, the Indian crypto exchange…
Tough Times for Bitcoin Miners: First Half of August Yields Just a Fraction of July’s Profits
15.8.2024
With the first half of August in the rearview mirror, it’s clear that bitcoin miners are facing a challenging month, having only accumulated 36.36% of the total revenue they made in July. A combination of bitcoin’s price fluctuations and reduced onchain fees has left miners in a much...
OKX Wallet expands Blinks to EVM-compatible chains
15.8.2024
OKX Wallet now supports blockchain links (Blinks) across all EVM-compatible chains, enhancing multichain transactions without switching platforms
WazirX schedules maintenance to restore balances post $234M hack
15.8.2024
WazirX’s ability to restore balances and secure assets will shape its future and industry security
6 Malaysians Charged With Kidnap of Chinese National; Demanded $1M USDT
15.8.2024
According to the latest report by Caixin, six Malaysian nationals face serious charges for allegedly kidnapping a Chinese…
Ethereum supply surpasses 120M ETH as staking, restaking surge
15.8.2024
Despite Ethereum’s inflationary trend, staking and restaking gains momentum, boosting network security and rewards
Analyst Predicts Silver Prices Could Reach $200 Driven by Demand for New EV Battery Technology
15.8.2024
Kevin Bambrough, a financial expert with over a decade of experience in commodities markets, has predicted that silver could reach $200 per ounce in the next 10 to 15 years, riding the wave of increased demand for a new EV battery technology developed by Samsung. According to Bambrough, the...
Chinese Police Uncover $1M USDT Money Laundering Scheme
15.8.2024
According to BlockBeats, the police in Qingdao, China, are gearing up to take a deep dive into a…
Binance Available in India After Obtaining FIU Registration
15.8.2024
Binance, the leading global crypto exchange, has announced its return to India today. The exchange has made yet…
Coinbase Hints at the Launch of Its Wrapped Bitcoin Alternative on Base
15.8.2024
Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated...
Nigerian crypto wallets tied to protests evade government freeze efforts
15.8.2024
The discrepancies between the government’s claims and the blockchain data highlight a tense dynamic between digital finance and state authorities
Pro-Crypto Fairshake PAC Funds Democrats in Key Senate Races
15.8.2024
A pro-cryptocurrency political group, Fairshake PAC, has invested millions in supporting Democratic Senate candidates in Michigan and Arizona against former President Donald Trump-endorsed Republicans, causing tension within the GOP. Fairshake PAC, along with its affiliated super PACs, committed...
Boomer says ETH fundamentals at all-time high, price is ‘lagging’
15.8.2024
Ether’s current price doesn’t reflect the true performance of the network’s fundamentals in recent times, according to an investment manager
China-Russia International Trade Payments Situation Worsens: Crypto and Barter Rise as Alternatives
15.8.2024
Chinese regional banks, which were once used as bridges to process payments from Russia to China, have begun rejecting these payments for fear of secondary sanctions. To facilitate these transactions, cryptocurrency and even barter schemes have emerged as options to continue trading outside...
Vanguard’s New CEO Reaffirms No Crypto ETFs in Future Strategy
15.8.2024
Vanguard’s new CEO, Salim Ramji, reaffirms the company’s cautious stance on crypto exchange-traded funds (ETFs), emphasizing innovation and client-focused strategies while rejecting the launch of a crypto ETF. Ramji, a former Blackrock executive, highlights Vanguard’s strengths...
Trump Organization to Launch a Cryptocurrency Initiative, Eric Trump Says: Report
15.8.2024
The Trump Organization, the holding company for former U.S. President Donald Trump’s business ventures, will soon unveil its new cryptocurrency initiative, according to a Wednesday report from the New York Post
Coinshares Weighs Trump and Harris’ Impact on Bitcoin Ahead of 2024 Election
14.8.2024
In a recent report, Coinshares and author Max Shannon examine the potential impact of the 2024 U.S. presidential election on bitcoin, with a focus on the policies and positions of former President Donald Trump and current Vice President Kamala Harris. Coinshares’ analysis suggests that...