Crypto products record 10th consecutive week of inflows at $3.2B
Crypto ETPs recorded $20.3 billion of inflows during the past 10 weeks, accounting for 45% of all inflows in 2024.
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People’s Bank of China ‘Progressing Smoothly’ With Digital Yuan
China’s central bank, the People’s Bank of China (PBoC), reports that it is “progressing smoothly” with its development of a government-backed digital currency.The bank issued its statement during a working conference held in Beijing from Jan. 2–3, according to an official news release published yesterday, Jan. 5. Five years in the makingAs reported, China has devoted…
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Real Estate Security Tokens Steadily Gain Market Share
The nascent real estate security token, or REST, sector experienced consistent growth in Q1 2020.Three new properties were also listed on RealT during March — doubling monthly real estate token trade.RESTs now represent nearly half of active security token markets, and 15% of total volume. Tokenized real estate quietly garners liquidityDuring January, tokens representing fractionalized ownership…
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Coinbase launches unified onchain monitoring through new wallet app
Coinbase’s new wallet app will allow users to connect any self-custodial wallet for an aggregated view of assets.
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Bahamas National Cryptocurrency Developer Says Startups Essential for Adoption
The CEO of transactions firm NZIA Ltd, Jay Joe, says Bahamian tech startups will need to lead the development of Project Sand Dollar, according to a report by the Nassau Guardian on May 31.Project Sand Dollar is an initiative to tokenize the Central Bank of the Bahamas’ (CBOB) fiat currency as a central bank digital…
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Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
Defrost Finance, the decentralized trading platform that suffered a $12 million exploit leading up to Christmas, has denied allegations that it had “rugged” its users as part of an elaborate “exit scam.”On Dec. 23, the platform announced it suffered a flash loan attack, leading to the draining of user funds from its V2 protocol. One…
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Binance Tax launched to prepare crypto users for the tax season
The new tool helps users access tax details aligning with their crypto activity to help report information during the upcoming tax season. 828 Total views 25 Total shares Own this piece of history Collect this article as an NFTFor many countries, the tax season is right around the corner, which means companies in the crypto…
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NYAG shuts down Coinseed for converting customer funds into DOGE without consent
New York Attorney General Letitia James ends operations for Coinseed following complaints that client funds had been converted to DOGE without their knowledge. 1198 Total views 18 Total shares The New York Attorney General (NYAG) has won a victory against crypto exchange Coinseed for its dodgy dealings with Dogecoin and defrauding its customers. On Sept. 13…
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6 Questions for Wes Levitt of Theta Labs
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Wes Levitt, head of strategy at Theta Labs.At Theta Labs, Wes works on corporate strategy, marketing and press relations,…