Bitcoin investors pull $331M from BlackRock IBIT ETF in record outflow

DraftKing reveals that a ransomware attack was behind the latest cybersecurity incident of SBTech. 1329 Total views 43 Total shares Fantasy-sports company, DraftKing Inc, recently filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission, or SEC. This form indicates that SBTech, a company DraftKing Inc acquired, was hit by a ransomware…

The disclosure will be a part of the party’s effort to show the “high moral standards” of its candidates. 64 Total views 1 Total shares The Democratic Party of Korea, which holds 167 out of 300 seats in the National Assembly, has made it mandatory for prospective candidates to disclose their virtual asset holdings before

The purchase makes the eCommerce platform the 36th publicly traded company to add Bitcoin to its balance sheet. 379 Total views 1 Total shares Mercado Libre, the largest e-commerce platform in Latin America, has announced to the U.S. Securities and Exchange Commission (SEC) that it acquired $7.8 million in Bitcoin in the first quarter of…

The institutional investment manager holds 30,454 shares of Grayscale’s GBTC, according to a new SEC filing. And no, the firm is not part of the Rothschild family dynasty. 319 Total views 3 Total shares Rothschild Investment Corporation, a leading Chicago-based financial institution founded in 1908, has invested heavily in Grayscale’s Bitcoin Trust, according to a…

Tesla temporarily embracing Bitcoin (BTC) as a method of payment for its products was conceivably one of the catalysts that pushed asset prices to record highs last year and put the spotlight on crypto legitimacy — particularly in the realm of payments. Moreover, crypto enthusiasts had lauded the fact that Tesla even set up its…

A private version of Klaytn is in being developed in order to take part in South Korea's CBDC pilot, to be launched later this year. 2888 Total views 18 Total shares Ethereum software company ConsenSys has formed a technical partnership with Kakao’s Klaytn blockchain, with a view to developing a private platform for the issuance of…

The Bitcoin Lightning Network integration started to take off among the cryptocurrency exchanges worldwide. However, some of the world’s largest crypto trading platforms seemingly are not in the hurry to integrate the protocol.Last week, Robinhood crypto trading app became the latest major industry player to announce the Lightning integration, following in the footsteps of BitPay and…

Saudi Arabia has ramped up its economic diversification efforts driven by its ambitious Vision 2030. In a bid to diversify its economy away from a dependence on oil, the kingdom has embraced emerging technologies, such as blockchain and artificial intelligence (AI), and tapped into booming markets like gaming.But while the country has yet to leave a