Advisor holdings in Bitcoin ETFs rise, hedge fund stakes dip — Coinbase
Investment advisors are expanding their spot Bitcoin ETF holdings, but Coinbase warns that “large inflows” might not be seen immediately due to the slow summer period in the United States.
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Winklevoss-Owned Nifty Becomes First USD-Based NFT Exchange
Nifty, a USD-based exchange for non-fungible tokens (NFTs), announced the completion of its ‘Nifty Gateway 2.0’ revamp on March 17.The platform, which was purchased by the Winklevoss twins’ crypto firm Gemini in November 2019, describes itself as the first US dollar-based centralized exchange for NFTs. The platform allows U.S. users to withdraw fiat currency, and plans…
Charles Hoskinson responds to criticism over Cardano’s Confirm partnership
Cardano founder Charles Hoskinson has responded to criticism over The Cardano Foundation’s partnership with Confirm, saying it was necessary for adoption of ADA. The Cardano Foundation announced its partnership with the blockchain analytics provider on Aug. 24, which will see Confirm’s analytics being utilized to ensure compliance with frameworks such as the 6th Anti Money…
Russian Supreme Court Classifies Illicit Crypto Use Under Money Laundering Laws
The Russian Supreme Court has included the illicit use of cryptocurrencies in the list of criminal offences related to money laundering, local legal news site Pravo reported on Tuesday, Feb. 26.The court has introduced new amendments to the anti-money laundering (AML) decree issued in July 2015. These clarifications relate to Russian criminal code articles dedicated…
Fetch.ai spinoff launches decentralized commodities exchange
Mettalex claims to be fully decentralized, meaning “no counterparty and no single point of control.” 343 Total views 3 Total shares Mettalex, a spinoff project of Fetch.ai, announced Friday that it has officially launched a decentralized exchange for commodities trading, offering another compelling use case in how blockchain technology was disrupting traditional finance. The new exchange…
Arca, Blocktower to merge into unified crypto platform
BlockTower’s venture capital arm, BlockTower Venture Capital, will continue to operate independantly.
Free Bitcoin on Zaps experiment — but what are Zaps?
A Bitcoin advocate based in Canada has “Zapped” 600 people a total of 300 Satoshis ($0.09 or 0.000003 BTC) each in a Bitcoin-inspired (BTC) social media experiment. To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the globe. He has since been Zapped back more than 40 times, receiving…
Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review
Even though the total value locked in DeFi protocols has eclipsed $246 billion, it was not enough to please the BIS. 1219 Total views 9 Total shares On Monday, the Bank of International Settlement, or BIS, a financial institution owned by central banks worldwide, published a report scrutinizing the development of the decentralized finance, or…
Paxos acquires Membrane Finance for EU stablecoin expansion
Membrane Finance is the issuer of US dollar and euro stablecoins and has a passportable Finnish license.