Bitcoin bulls target $64K BTC price hurdle as US stocks eye new record
BTC price performance finally attempts to catch up with risk assets as a Bitcoin renaissance takes over.
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Dubai finance watchdog approves listing of Bitcoin fund
The DFSA is establishing itself as an innovative regulator for the region by focusing on fintech and innovative technology. 1538 Total views 28 Total shares The Bitcoin Fund (QBTCu.TO), a closed-end investment vehicle based in Canada, has received regulatory approval from the Dubai Financial Services Authority (DFSA). The fund debuted on Nasdaq on June 23,…
Bitcoin ETF $79M outflow ends 2-week bull run amid 'sideways' BTC price
Bitcoin institutional investors are pausing while the BTC price struggles to overcome resistance.
Activists archive Hong Kong pro-democracy newspaper on blockchain
Following a national security probe, pro-democracy Hong Kong newspaper Apple Daily printed its final edition and shut down its website. 655 Total views 47 Total shares Hong Kong cyber-activists are not giving up on the freedom of speech and are backing up articles from the pro-democracy tabloid newspaper Apple Daily using blockchain technology.Following a national…
Exec Warns $9 Trln Trade Finance Industry Must Go Digital to Combat Fraud, Cites Blockchain
A senior executive at one of Asia’s biggest banks has said the $9 trillion trade finance industry needs to be digitized in order to tackle fraud, according to a Bloomberg article published on May 5.Ng Chuey Peng, managing director and head of global commodities finance at Singapore’s Oversea-Chinese Banking Corp Ltd. (OCBC), criticized the industry’s reliance on paper receipts,…
Polygon Labs and NEAR announce ZK prover for WASM integration
The Polygon CDK will soon include a ‘zkWASM’ prover, allowing Web Assembly networks to integrate with the broader Polygon ecosystem. 217 Total views 13 Total shares The developers of the NEAR and Polygon networks are teaming up to create a zero-knowledge (ZK) prover for Web Assembly (WASM) blockchains, according to a joint announcement on Nov.
MicroStrategy raises $1.01B for Bitcoin acquisitions
MicroStrategy completes a $1.01 billion convertible note offering, allocating proceeds for Bitcoin purchases and debt repayment.
Bit Mining raises $50M to take operations out of China
Bit Mining is looking to exit China’s market in response to the recent government crackdown on mining. Shenzhen-based crypto mining firm, Bit Mining, is raising $50 million to fund an expansion out of the Chinese market.Announced on July 12, the firm has entered into an agreement with select institutional and accredited investors to raise $50…
MicroStrategy dismisses market uncertainty, buys another Bitcoin dip
The software company added another $10 million in BTC to its war chest. 3202 Total views 22 Total shares MicroStrategy, a software company that’s been making headlines for its aggressive Bitcoin purchases, has made another $10 million purchase after Thursday’s market uncertainty.As announced by CEO Michael Saylor, the company purchased another 205 BTC at an average…