BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF

Bitcoin (BTC) was coming down from a fresh uptick on July 19 amid rumors United States authorities were preparing to investigate derivatives giant BitMEX.Market visualization. Source: Coin360Politics and investigations weigh on BitcoinData from Coin360 showed BTC/USD targeting $10,000 support at press time Friday, having risen as high as $10,750 in the past 24 hours.On Thursday,…

Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Aug. 30. The Helium core developers said the need to “improve operational efficiency and scalability” was required in order to bring “significant economies of scale” to the network. The Helium network operates by users…

This region in South Korea may adopt a blockchain voting system. On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country.According to UpDown Korea, Cho Eun-hee, who is the local government leader of one of Seoul’s most…

In this week’s newsletter, read about footwear giant Puma’s new metaverse experience for Puma Pass nonfungible token (NFT) holders. Check out Meta CEO Mark Zuckerberg’s comments on the new Apple Vision Pro headset, and how NFT platform Enjin has launched a new blockchain. In other news, GameStop terminated the executive responsible for its NFT push,…

In a hearing, Assistant U.S. Attorney Danielle Kudla said the Department of Justice estimated the case could last four to five weeks. 447 Total views 24 Total shares Former FTX CEO Sam “SBF” Bankman-Fried will spend at least 21 days in court as part of his criminal trial, which will begin in earnest on Oct.

The decentralized exchange Mdex and yield aggregator Filda represent roughly $2.4 billion of Heco’s $2.7 billion TVL combined. Despite Huobi Eco Chain attracting an impressive total value locked (TVL) since launching in December, just two DApps represent 86% of the blockchain’s TVL.According to crypto data aggregator, CryptoRank, approximately $1.98 billion or 73% of Heco's TVL…

As the global economy moves into a recession in the second half of 2002, Bitcoin will likely rally alongside gold and treasury bonds, according to Mike McGlone, a senior commodity strategist at Bloomberg. 725 Total views 5 Total shares Bitcoin is likely to transition from a risk-on to a risk-off asset in the second half…

China reportedly implemented the country’s first blockchain-powered digital yuan transactions in the Xiong’an New Area. 234 Total views 1 Total shares China is progressing with its central bank digital currency (CBDC) tests, debuting blockchain-enabled salary payments in the digital yuan.According to the official website of the Xiong’an New Area, the People’s Bank of China (PBoC)…