BlackRock’s IBIT overtakes GBTC as the world’s largest Bitcoin ETF
BlackRock’s $20 billion spot Bitcoin ETF recorded inflows of over $102 million on May 28, while Grayscale’s ETF bled again.
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Grocery Involved in Nearly Half of all DLT Supply Chain Projects
The grocery sector is responsible for nearly half of all Distributed Ledger Technology-based (DLT) supply chain projects.UCL: grocery most active in DLT trackingResearch conducted by the University College London centre for blockchain and retail blockchain consortium and published on Aug. 4 shows that the grocery industry has the highest number of DLT-based supply chain tracking…
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US Treasury sanctions USDC and ETH addresses connected to Tornado Cash
The protocol was at the center of some recent hacks and exploits in decentralized finance, including the alleged theft of $455 million by the North Korea-affiliated Lazarus Group. 823 Total views 6 Total shares The United States Treasury Department has added more than 40 cryptocurrency addresses allegedly connected to controversial mixer Tornado Cash to the…
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Crypto Markets See Mild Volatility on The Day, Fail to Hold Sharp Rebound Trend
Saturday, Nov. 23: crypto markets have seen some volatility on the day, but failed to hold a sharp rebound attempt. The top 20 cryptocurrencies by market cap are seeing their prices stabilize after another sell-off yesterday, according to CoinMarketCap.As of press time, the major 20 crypto markets are seeing a mix of red and green,…
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Nigeria’s SEC advised to regulate Bitcoin, Ether as commodities
By treating Bitcoin and Ether as commodities, Nigerian regulators can establish a more tailored regulatory framework that reflects the unique characteristics of these digital assets.
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China Expands Digital Yuan Trials to Beijing and Neighboring Provinces
While there is not yet a set time for the expanded pilot program to begin, a policy framework should be complete by the end of 2020. China’s Commerce Ministry announced today that it will expand the trials of the nation’s central bank digital currency (CBDC) to include Beijing, as well as Tianjin and Hebei provinces.According…
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Success in DEX? Fast-growing crypto exchanges may hurt DeFi investors
With the rise of various meme-coins over the last year or so, a whole host of decentralized exchanges (DEXs) have continued to emerge and accrue massive sums of liquidity seemingly overnight. As a result, a number of security firms have started to call into question over the recent weeks regarding the overall security and transparency…
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Wait, what? Former Bitcoin bull Raoul Pal only owns one Bitcoin?
Former Goldman Sachs hedge fund manager and cryptocurrency bull Raoul Pal claimed in a tweet that he now only owns a single Bitcoin. As the claim was made in the heat of a Twitter fight with self-proclaimed “Bitcoin Strategist” Greg Foss it’s not entirely clear whether it’s an exaggeration or an accurate statement about his…
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Bank of Jamaica to begin digital currency pilot in August
The Bank of Jamaica is getting ready to begin testing its planned central bank digital currency in collaboration with financial institutions in the country. Jamaica’s central bank will reportedly commence the initial roll-out of its central bank digital currency (CBDC) project in August.According to a report by the Jamaica Observer on Wednesday, Bank of Jamaica…