Block could be the first firm with a BTC strategy in the S&P 500: VanEck

Chinese crypto investor Li Xiaolai will lead a stablecoin project within Hong Kong-based blockchain fund Grandshores Technology, according to an official document issued on Monday, Dec. 3.China’s Bitcoin (BTC) “tycoon” Li Xiaolai has been also appointed as an executive director and co-chief executive officer of Grandshores Technology starting from Monday, Dec. 3.Within the new position…

Bitcoin (BTC) tested $23,000 as support on the Aug. 1 Wall Street open with key moving averages in focus. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView200-week moving average gets big attentionData from Cointelegraph Markets Pro and TradingView followed BTC/USD as bulls and bears battled for control amid a tight trading range.Bitcoin had inspired with its highest weekly…

Bitcoiners should embrace institutional adoption as it keeps everyone honest, says Erik Voorhees. 469 Total views 5 Total shares Institutional investors will play an important role in securing the future of cryptocurrencies like Bitcoin (BTC), according to Erik Voorhees, CEO and founder of ShapeShift.io.In a panel discussion at this year’s LaBitConf, Voorhees said Bitcoin’s adoption…

NFT.NYC, one of the largest nonfungible token events, is preparing to open its doors for a fourth year, celebrating the diversity of NFTs across 16 sectors, including art, film, sports and ticketing. Held from June 20 to 23 in New York City, the blockbuster event will serve as a global melting pot of everybody who's anybody…

The senators weren’t happy with the “seemingly minimal” protections to fight against fraud and cybercrime in Meta’s AI model. 242 Total views 1 Total shares Two United States senators have questioned Meta chief executive Mark Zuckerberg over the tech giant’s “leaked” artificial intelligence model LLaMA which they claim is potentially “dangerous” and could be used…

The central bank said the growth of the crypto market did not pose an “immediate threat” to the United Kingdom’s financial system, but had the potential to do so in the future. 54 Total views 2 Total shares The Bank of England has called for “enhanced” regulations of crypto to address potential risk to the…

Institutional investors are seen to be rushing toward Bitcoin (BTC) at high speed, with more companies emerging that look to adopt Bitcoin as a way to store their reserves. Recently, Marathon Patent Group, a Nevada-based Bitcoin mining company, has bought $150 million worth of Bitcoin as a reserve asset, a move similar to MicroStrategy purchasing…

Blockchain tracking startup TruTrace Technologies Inc. partnered with Big Four auditing firm Deloitte to track cannabis using blockchain technology.Investing news outlet ProactiveInvestors reported on Sept. 4 that TruTrace is launching its StrainSecure product in partnership with Deloitte. The system in question reportedly employs blockchain technology to track cannabis from seed to sale, in order to…

The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows. 225 Total views 5 Total shares Developers behind the Base and Optimism networks have jointly announced a revenue-sharing and governance-sharing agreement. Coinbase, the parent company of Base, has also published a list of…