In a dramatic turn of events, a crypto whale recently executed a multimillion-dollar sell-off of Ethereum (ETH) to settle debt, only to incur a massive loss in the process. As per the on-chain analytics platform LookOnChain, the whale liquidated...
BlackRock's Spot Bitcoin exchange-traded fund (ETF) stands out as the only ETF that has consistently attracted inflows since the start of March 2024. While some other ETFs haven't experienced outflows, they've also seen no new assets flowing into their...
The U.K. government is preparing to introduce new legislation covering crypto staking, stablecoin, exchange and custody services by June or July 2024. The nation's Economic Secretary, Bim Afolami, reportedly announced this at the Innovative Finance Global Summit on Monday,...
At least three asset managers are set to introduce the crypto spot ETFs to Hong Kong financial markets in the coming weeks and months following the approval of their applications by the city's securities regulator, according to Reuters. Bosera...
Landesbann Baden-Württemberg (LBBW), a leading German federal and commercial bank, will begin offering digital asset custody services in the second half of 2024, according to a new report from Bloomberg. The bank will reportedly partner with the Australian crypto...
Binance Labs has announced a strategic investment in BounceBit to further its vision of bolstering Bitcoin staking and CeDeFi infrastructure. In a blog post published on Thursday, April 11, Binance Co-Founder Yi He emphasized that BounceBit creates new avenues...
In a groundbreaking move, Bitfinex Securities has announced plans to offer tokenized debt bonds to its customers as part of capital raise to finance the construction of a new Hampton by Hilton hotel complex at El Salvador International Airport....
In just three months after the launch of spot Bitcoin ETFs in the U.S., Fidelity Investments' spot Bitcoin ETF, $FBTC, now has over 150,000 BTC in its portfolio. According to new data, the ETF accrued over 150,563 Bitcoin, equating...
The United States Treasury Department has requested more enforcement authority against international digital asset service providers in its efforts to ensure national security, according to a recent report by Bloomberg. The Treasury's deputy secretary, Adewale O. Adeyemo, reportedly wrote...
Australian investment company Monochrome has applied to list its pioneering spot Bitcoin exchange-traded fund (ETF) on Cboe Australia, transferring it from the Australian Securities Exchange (ASX). In an announcement published on April 5 on its website, the asset manager...
