Bitcoin ETFs see $2.4B inflows as China ETFs hit record outflows

Industry representatives have cast doubt on the legality and impact of the U.S. securities regulator's proposal to expand custody rules. 57 Total views 3 Total shares A proposal by the United States securities regulator to tighten rules around crypto custody has been met with opposition from at least two proponents of the industry, according to…

Leading cryptocurrency exchange Bibox is launching an incubator for blockchain projects called Bibox Orbit, according to an announcement published on March 30.Estonia-based Bibox —  the ninth largest cryptocurrency exchange in terms of adjusted trading volume — has revealed that it is rolling out Bibox Orbit, an incubator for blockchain projects.The announcement does not specify the…

The criminal investigation division of the IRS says it is preparing hundreds of crypto-related cases for the upcoming tax season. 291 Total views 9 Total shares The United States Internal Revenue Service (IRS) criminal investigation division is ramping up for tax season with its sights set on the crypto community.According to a report from Bloomberg…

Amid the global COVID-19 pandemic and concerns over ongoing quarantines and rising unemployment, more and more people around the world are apparently turning to crypto, Russia being no exception.According to data by cybersecurity firm Qrator Labs, people in Russia have become increasingly engaged with crypto exchange services amid the ongoing coronavirus outbreak.Crypto exchange-related traffic surges…

The aircraft maintenance, repair and overhaul (MRO) industry — which handles a dizzying 25 billion parts a year — is turning to blockchain to tackle its difficulties.Verdict magazine reported on Feb. 4 on the formation of a new, so-dubbed MRO Blockchain Alliance, which includes leading industry members, among them HAECO Group, Bolloré Logistics, Cathay Pacific,…

The $744 million trust asset sale request comes after the judge approved the phased-out sale of nearly $3.4 billion in crypto assets a couple of months ago. 315 Total views 3 Total shares Bankrupt crypto exchange FTX has requested the bankruptcy court in Delaware to allow it to sell certain key trust funds, including assets

Ether (ETH) options contracts open interest have grown five-fold in the past three months to currently sit at $452 million.The $112 million set to expire this Friday could have a considerable market impact, although that will depend on the balance between bullish and bearish strategies.Ether options total open interest. Source: SkewThe above chart shows just…

SpaceVerse was defined as “a secure digital metaverse that converges terrestrial and space physical and digital realities" as well as provides a simulated environment for training. 447 Total views 25 Total shares The United States Air Force has filed a trademark application hinting at the military branch potentially expanding into the metaverse.According to a Thursday…