BlackRock’s Larry Fink says he was wrong, calls Bitcoin digital gold
BlackRock, the world’s biggest hedge fund, currently has $10.6 trillion in assets under management and the largest Bitcoin investment fund.
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Arca secures $10M in Series A funding as traditional financiers back crypto
Arca will use the funding to beef up its infrastructure and expand its crypto asset-class offerings. 650 Total views 5 Total shares Arca, an emerging digital-asset manager, has secured $10 million in Series A funding to bootstrap the next phase of its business strategy — one that could bridge the gap between traditional finance and…
Crypto community expresses Christmas market sentiments: ‘No Santa rally’
A community member pointed out that the lack of movements may be because of the controversies surrounding centralized exchanges. 230 Total views 6 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTTraders looking forward to a rally during Christmas were disappointed as the markets turned out to be steady as many celebrated the…
Fake Tokens Continue to Plague Uniswap
The growing popularity of Uniswap is continuing to attract scammers, with fraudulent coins impersonating token sales for top crypto projects. Fake coins continue to plague decentralized exchange Uniswap, with prominent crypto projects associated with upcoming token sales reporting impersonators trading on the platform.On August 19, upcoming decentralized finance (DeFi) lending protocol Teller Finance tweeted that…
US federal court dismisses lawsuit against DeFi platform PoolTogether
The DeFi community funded the protocol’s legal defense through a $1.4 million nonfungible token sale in 2022. 467 Total views 2 Total shares A United States judge recently dismissed a lawsuit against the decentralized finance (DeFi) platform PoolTogether. According to the ruling, the federal court system is not the correct place to air concerns against…
Mysten Labs’ Sui network partners with F1 Red Bull racing team
The Red Bull team signed a $150 million sponsorship deal with crypto exchange Bybit in 2022 ahead of the market crash and major bankruptcies in the space. 241 Total views 1 Total shares The Sui network, backed by Mysten Labs, has announced a multiyear partnership with the Red Bull Formula One Racing team less than…
Law Decoded: How I learned to stop worrying and love the election, Oct. 23-30
The United States is girding its loins for an election that has cast a pall over a far longer timeframe than we ever should have let it. But, then again, what did you expect when so many people spent so much of the past year cut off from their normal lives and circles, growing increasingly…
Tether invests $100M in agriculture firm as stablecoin competition grows
This is Tether’s first investment in the agriculture and food sector, after investments in artificial intelligence, Bitcoin mining operations, and digital education initiatives.
Mauritius mulls wrapping metaverse into financial services
While acknowledging the need for collaboration in reshaping the financial services to accommodate metaverse, the FSC Mauritius asked seven questions to the public. The Financial Services Commission (FSC) of Mauritius started collecting feedback from industry stakeholders and the general public regarding the inclusion of metaverse within the financial services industry.The FSC Mauritius dedicated the entire