Blockchain is the best fintech to ensure Sharia ethics — Web3 exec
A token’s value-accrual mechanisms affect whether that digital asset is compliant with Islamic Sharia Law, Mohemed AlKaff AlHashmi said.
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SEC could approve Bitcoin futures ETF in October, analysts predict
“A launch could come as soon as October, and we believe the SEC should permit several at once to avoid handing out a first-mover advantage,” Bloomberg ETF analysts said. 1100 Total views 37 Total shares The United States Securities and Exchange Commission (SEC) is likely to approve a Bitcoin (BTC) futures exchange-traded product (ETF) by…

Polygon founder Sandeep Nailwal raises $50M for Web3 fund
Symbolic Capital has become the latest venture firm to focus heavily on Web3, gaming and NFTs. 429 Total views 3 Total shares Cryptocurrency entrepreneur and Polygon founder Sandeep Nailwal has raised $50 million for a new startup fund dedicated to Web3 companies, underscoring venture capital’s growing interest in the blockchain-powered internet. Nailwal’s venture firm, Symbolic Capital,…

Blockchain gaming firm Animoca Brands 'comes to Bitcoin'
Animoca’s move into Bitcoin involves the Opal Protocol and BLIF token, initiated by Animoca and Darewise.

Tim Cook says he bought crypto, but rejects Apple adding it to its portfolio… for now
Apple is currently the second largest company by market cap behind Microsoft, with Cook personally worth more than $1 billion. 1953 Total views 16 Total shares Apple chief executive officer Tim Cook said he owns some crypto as "part of a diversified portfolio," but is not planning for the tech company to follow Tesla’s example…

Maple Finance secures SEC exemption for on-chain Treasury Pools
Launched in April, the USDC Pools were previously accessible only to non-U.S. accredited investors. 194 Total views 5 Total shares Blockchain institutional capital marketplace Maple Finance has secured an exemption from the United States Securities and Exchange Commission (SEC) to offer its one-month U.S. Treasury yields to accredited investors in the U.S.Before the Aug. 9…

South African Government Establishes Crypto Assets Regulatory Working Group
A crypto assets regulatory working group dedicated to crypto and blockchain has been established by the South African (SA) government. English-language local news outlet BusinessLive reported on the development on Jan. 2.Tito Mboweni — the South African finance minister — declared:“It is anticipated that, following broad industry comment and participation, the crypto assets regulatory working…

Falling US dollar is signaling a strong quarter for crypto: Raoul Pal
Real Vision CEO Raoul Pal says the weakening United States dollar could lead to a crypto market boost in the second quarter of the year, with Bitcoin jumping nearly 4% over the past 24 hours as the greenback continues to slide. “With the dollar, rates and oil headed lower (all specific aims of Bessent), financial

BTC Miners: No More Basement Rigs, Greater Profits to Come
Back in the early days, when Bitcoin (BTC) was but a niche experiment for cypherpunks and basement-dwelling hobbyists, the process of its creation required little more than a budget CPU. Since that time, however, an entire industry has sprung forth and a quasi-gold rush rivaling that of the 1850s has taken the world by storm.As…