Bitcoin weakness spurs $441M digital asset inflows
Digital asset investments see significant inflows of $441 million, driven by Bitcoin price weakness, Mt. Gox activity, and German government sell-off, according to a CoinShares report.
Related Posts
Changes in Crypto M&As Signal More Consolidation Ahead as Industry Matures
The crypto industry continues to mature, even during these bearish times, according to a recent report from PwC. The Big Four accounting firm’s findings showed that although the number of merger and acquisition deals in the crypto space decreased by 40% in 2019, the funds are now going to established companies instead of seed-stage startups.Additionally,…
‘Get comfortable with discomfort’ for Web3 success: PBW 2023
A group of professionals in Web3 took the Venus de Milo stage at Paris Blockchain Week 2023 to discuss the dos and don’ts of metaverse regulation. 151 Total views 3 Total shares Own this piece of history Collect this article as an NFTThe metaverse continues to be a hot topic in the Web3 space, as…
Zero-knowledge KYC could solve the privacy vs compliance conundrum: VC partner
Zero-knowledge Know Your Customer (KYC) would allow businesses to adhere to strict AML/CTF rules while ensuring customer privacy. 49 Total views 6 Total shares
Crypto space weighs in on proposed amendments to US infrastructure deal
With more than one amendment proposed to the United States infrastructure plan that would modify a provision on cryptocurrencies, some figures in the space are going against the one with White House support.Digital rights advocacy group Fight for the Future said today it would not support the amendment crafted by Senators Mark Warner, Rob Portman…
Bitdeer’s losses widen in Q2 after one-time $33M listing fee, shares up 44%
The company entered into a $150 million share purchase agreement with B. Riley Financial on Aug. 10. 36 Total views 1 Total shares Bitcoin miner Bitdeer Technologies, a firm spun-off from prominent Bitcoin Application-Specific Integrated Circuit (ASIC) manufacturer Bitmain, recorded a net loss of $40.4 million in Q2 2023, up from a net loss of…
Major Swiss Telecoms Firm Swisscom to Distribute Tokenized Artwork
Major Swiss telecommunications company Swisscom announced its plans to distribute tokenized artwork through its Swisscom TV television network. The news was reported by Cointelegraph auf Deutsch on May 24.Per the company’s press release, limited artworks — initially 100 works by 30 artists — from selected artists are exclusively available on the Swisscom TV box through…
Roaring Kitty swipes 6.6% of Chewy Inc, clarifies he is ‘Not a Cat’
Keith Gill, known for his role in the GameStop saga, surprises the market with a significant stake in Chewy, Inc.
The Implications of Fusing 5G and Blockchain
Analysts have been anticipating the implications of the Internet of Things (IoT) for several years. However, there have been two main impediments to its success: capacity and security.But now, the introduction of a new technology could change that. This year, major carriers like AT&T and Verizon will be introducing 5G, the latest generation of cellular…