BlackRock's IBIT draws $260M as Bitcoin ETFs notch 8th day of inflows
United States spot Bitcoin ETFs notched $422.5 million of net inflows on Tuesday, marking their strongest trading day in more than a month.
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Kraken Paid 250 Salaries to Staff in Bitcoin Last Month, Exchange Tells Critic
Kraken paid 250 salaries to staff in bitcoin (BTC) last month, the crypto exchange revealed in a tweet on May 23.The firm was responding to Peter Schiff, the CEO of Euro Pacific Capital, who had claimed “there is no way that people are going to work for salaries paid in bitcoin.”As an aside, Kraken added:“By the way,…
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QuickSwap founder: L2s are the path to mass adoption
As Ethereum gas prices rise, the chain that inspired Web3 is becoming gentrified, with high transaction costs pushing less wealthy users onto competing blockchains or scaling solutions. This means that many use cases are becoming unfeasible in the proverbial layer-one downtown, and suburban neighborhoods are being developed to allow for a cost-effective layer-two blockchain experience. Since…
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DBS Bank to offer cryptocurrency trading in Hong Kong
As Hong Kong has been opening up to crypto, major financial institutions like DBS Group are targeting new crypto services in the Chinese territory. 142 Total views 4 Total shares Own this piece of history Collect this article as an NFTSingapore state-owned megabank DBS Group is planning to expand its cryptocurrency services to Hong Kong…
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Bitcoin price holds $20K, but analysts say ‘expect 6 months of sideways’ price action
BTC bulls are holding $20,000, but most traders are confident that the price will remain range-bound for at least six more months. 584 Total views 46 Total shares Trading across the cryptocurrency market was relatively subdued on July 5 as the ecosystem continues to digest the fallout from the Three Arrows Capital scandal and Voyager…
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Crypto News From Japan: Oct. 27–Nov. 2
In this week’s selected cryptocurrency- and blockchain-related news from Cointelegraph Japan, the Japanese Liberal Democratic League said that it will formulate a quantum technology innovation strategy by the end of this year, crypto exchange Coincheck’s registered users are steadily increasing, Mt. Gox trustee extends the submission deadline again, and the SBI Holdings president is thinking…
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Ethereum Merge spikes block creation with a faster average block time
some of the evident improvements experienced by the blockchain post-Merge include a steep increase in daily block creation and a substantial decrease in average block time. 126 Total views 3 Total shares The Merge upgrade for Ethereum (ETH), which primarily sought to transition the blockchain into a proof-of-stake (PoS) consensus mechanism, has been revealed to…
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SEC files unregistered securities charges against Thor Token creators for 2018 ICO
Thor Technologies got a lump of coal in its Christmas stocking from the SEC in the form of charges relating to the ICO for its Thor Token that failed a year later. 730 Total views 2 Total shares Own this piece of crypto history Collect this article as NFTThe United States Securities and Exchange Commission…
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Bitfinex and Tether Move for Case Dismissal Over Lack of Jurisdiction
Bitfinex and Tether lawyers are moving to dismiss their ongoing case versus the New York Attorney General (NYAG), according to court filings on May 21.Law firms representing the two companies argue that the New York Supreme Court (NYSC) does not have jurisdiction over the alleged misconduct being considered.The lawyers argue that the NYSC has neither…