BlackRock’s Bitcoin ETF sees first outflow day as US ETFs notch record bleed
BlackRock’s IBIT saw around $37 million in outflows for the first time while the remaining spot Bitcoin ETFs collectively notched over $526.8 million in outflows.
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Google invests $300M in AI firm previously funded by Sam Bankman-Fried
Members of Crypto Twitter are speculating whether Bankman-Fried and FTX will source the reported $530 million invested in Anthropic to pay off FTX creditors. 447 Total views 11 Total shares Own this piece of history Collect this article as an NFTGoogle Cloud has reportedly invested $300 million into artificial intelligence (AI) startup firm Anthropic, which…

MicroStrategy stock explodes alongside Bitcoin rally
MSTR rallied by as much as 10% on Tuesday, just one day after an SEC filing showed that non-employee board members will be paid in BTC. 3000 Total views 11 Total shares Shares of MicroStrategy (MSTR) surged to one-month highs on Tuesday, as Bitcoin’s (BTC) gravitational pull on crypto proxy stocks continued to strengthen following…

Belarus Seeks South Korean Investors Interested in Blockchain and Fintech
Belarusian diplomats are seeking South Korean investors for the country's growing blockchain and fintech industry, Korea JoongAng Daily reported September 6.During a visit to Seoul on Tuesday, the deputy foreign minister of Belarus Andrei Dapkiunas reportedly stated that Belarus endeavors to establish relations with Korean investors interested in “fourth industrial revolution” technologies, including blockchain and…

Bybit partners with Cabital to offer EUR and GBP fiat onramps
Cabital's fiat-to-crypto on and off ramp service reportedly allows Bybit customers to purchase cryptocurrencies at reduced gas costs. Today, Singapore-based crypto exchange, Bybit, announced a new partnership with digital assets institution Cabital for EUR and GBP on-ramp integration. Bybit crypto exchange platform users can now use EUR and GBP to buy cryptocurrency directly on the system…

Ripple Labs Donates $200k to Combat COVID-19 Pandemic
Ripple Labs announced a donation of $200,000 to two different non-profit organizations on March 25. These donations will aid in the fight to contain the spread of the coronavirus throughout the U.S.In a tweet published on Ripple’s official profile, the lab stated that $100,000 will go to the Tipping Point Emergency’s Response Fund and the Silicon…

OECD calls out countries for their inconsistent rules on crypto taxation
The report suggests giving preferential tax treatment to PoS over PoW-based crypto assets. 1407 Total views 21 Total shares A study of cryptocurrency taxation regimes from around the world by the Organization for Economic Co-operation and Development, or OECD, found that global crypto taxation laws are highly inconsistent.Source: OECD Report.The way crypto assets are defined…

Kik Founder: We’ll Fight SEC ‘Until We Don’t Have a Dollar Left’
The CEO and founder of Canadian social media and messaging app Kik has vowed to fight U.S. regulators over the future of the native Kin (KIN) cryptocurrency “no matter how hard it is.”According to a Sept. 25 report from Global News, Kik CEO Ted Livingston told an audience the Elevate Conference in Toronto on Wednesday:“We…

$300M crypto long liquidations — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a key week for macro markets with a bump as the weekly close gives way to a sharp 7% BTC price correction.In a fresh bout of volatility, the largest cryptocurrency broke down toward $40,000, reaching its lowest levels in a week.Arguably long overdue, Bitcoin’s return to test support nonetheless caught bullish latecomers