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GBTC Reserves Dip Below 300,000 BTC Amidst 3 Weeks of Crypto Fund Outflows

29.4.2024
Grayscale’s Bitcoin Trust (GBTC) has witnessed a significant reduction in assets under management, with the trust’s holdings now falling below the 300,000 BTC mark, a key milestone. Additionally, the latest report on digital asset fund flows from Coinshares shows that bitcoin...

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

Crypto Banking Firm BCB Group Secures Digital Asset and Electronic Money License in France

29.4.2024

Lido Finance hits 1M validators, fueling the growth of DeFi

29.4.2024
Lido, the largest liquid staking protocol, controls over 28.5% of all staked Ether, as liquid staking remains the largest DeFi protocol category

Bitcoin ETF Slowdown Is a Short-Term Pause Not the Beginning of a Negative Trend: Bernstein

29.4.2024
Investment platforms will take some time to establish the necessary compliance framework to sell bitcoin ETF products, the report said

Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency

29.4.2024
Pakistan's plans for a central bank digital currency gained fresh momentum on Sunday, with finance minister Muhammad Aurangzeb raising the debate again. The post Pakistan’s Finance Minister Reaffirms Government’s Interest in Digital Currency appeared first on Cryptonews

Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik

27.4.2024
According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for all to see.” He said the open-source nature of defi means hackers...

Study: Half of Canadian Institutional Investors Actively Offered One Crypto Asset Product in 2023

27.4.2024
According to a recent survey, half of Canadian institutional investors and financial services organizations have actively offered at least one type of cryptocurrency asset product or service to clients in the past year. The study revealed that half of the institutional investors surveyed were...

Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves

27.4.2024
The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily...

Liquid staking on BNB Smart Chain, millions stuck in DeFi bridge contracts: Finance Redefined

26.4.2024
Arkham Research notified DeFi wallet owners to look at the addresses and try to retrieve their funds, which have been stuck for months in bridge contracts

Insights from Token2049: How crypto wealth is made

26.4.2024
Attendees at Token 2049 in Dubai shared their personal stories on how they became rich

Facebook Has Lost $1 Billion Every Month On VR Since June 2022

26.4.2024
Facebook’s parent company, Meta, made a lot of money in its last financial quarter. However, its virtual reality and augmented reality division, Reality Labs, lost over $3 billion. That means that since June 2022, the metaverse-focused division has lost a billion dollars per month, and Meta expects...

Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M

26.4.2024
The startup is one of the first to build tokenized tech for Bitcoin's Runes era

Real-World Data Unlocks the True Value of Tokenization: Chainlink

26.4.2024
Chainlink Labs’ director of capital markets said traditional finance is not the best use case for tokenization, real-world data is. The post Real-World Data Unlocks the True Value of Tokenization: Chainlink appeared first on Cryptonews

Morgan Stanley to Broaden Availability of Spot Bitcoin ETFs: Report

26.4.2024
Morgan Stanley, a leading global investment bank, is reportedly considering expanding access to bitcoin spot exchange-traded funds (ETFs). The firm may soon authorize its approximately 15,000 brokers to actively solicit customer purchases. Morgan Stanley to Widen Access to Spot Bitcoin ETFs Global...

‘No ETF Has Ever Done Anything Close’ — Analyst Highlights Record GBTC Outflows, Surpassing All ETFs

25.4.2024
While Blackrock’s spot bitcoin exchange-traded fund (ETF), IBIT, experienced a continuous influx for 71 days before halting this week, Grayscale’s Bitcoin Trust (GBTC) holds the record with 72 consecutive days of outflows, surpassing all other ETFs on record. “No ETF has ever...