Diamond hands Ethereum holder makes $131.7M in 2 years
An investor turns a $151.42 million Ether investment into $214.34 million during a two-year bear market by following the hodl strategy.
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Mt. Gox’s suspected Bitgo $2.1B BTC wallet activates
A test transaction from a dormant Mt. Gox wallet triggers speculation of Bitgo’s role in the ongoing Bitcoin distribution to creditors.
Amid FTX collapse, crypto funds see largest inflows in 14 weeks
The Bitcoin price briefly fell below $16,000 last week as Sam Bankman-Fried’s FTX Group filed for bankruptcy. 336 Total views 3 Total shares Inflows into cryptocurrency investment products rose sharply last week as institutional investors bought the dip amid the marketwide collapse triggered by FTX’s and Alameda Research’s bankruptcies. Digital asset investment products saw inflows totaling…
US CFTC issues letter on digital asset derivatives, clearing compliance in 3 areas
The letter is a reminder, but a highly specific one that is reminiscent of the SEC’s recent custody rule proposal in part. The United States Commodity Futures Trading Commission (CFTC) has issued a staff advisory letter to registered derivatives clearing organizations (DCOs) and DCO applicants, reminding them of the risks associated with expanding the scope…
Ethereum creator donates 100 Ether and Maker to Indian COVID-19 relief
The donation was made after the co-founder of Polygon set up a charity drive to aid COVID-19 relief amid India's second wave. 180 Total views 2 Total shares Ethereum creator Vitalik Buterin has contributed 100 Ether (ETH) and 100 Maker (MKR) tokens to a COVID-19 relief fund, as the country finds itself embroiled in the…
B2C2 Launches New Gold Derivative Priced and Settled in Bitcoin
Over-the-counter (OTC) trading platform B2C2 has created what it calls the first product for gold trading using Bitcoin (BTC) for pricing and settlement.Macro players eye new BTC gold productSpeaking to industry news outlet The Block on Oct. 10, the company’s CEO Max Boonen stated that the move comes on the back of increasing demand from…
India in ‘no hurry’ for CBDC as digital rupee pilot onboards 50k users
The central bank of India wants to proceed with CBDC testing in the smoothest way possible, deputy governor Rabi Sankar said. 146 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Indian government doesn’t want to rush its central bank digital currency (CBDC) pilot despite joining the CBDC…
DeFi tokens make triple-digit gains as Bitcoin price searches for support
Since topping out at $18,476 on Nov. 17, Bitcoin price has been flirting with the $18,000 level as bulls fight to flip the level to support and chase after the all-time high at $19,789. While this battle takes place and the bulk of crypto and mainstream finance outlets focus on Bitcoin price, a number of less-loved…
Nigeria’s securities regulator establishes fintech unit to study crypto
With much of the Nigerian crypto market underground or peer-to-peer due to government restrictions, the country’s securities regulator is looking into ways to make investors safer. 139 Total views 40 Total shares In 2021, financial institutions operating in Nigeria have been the lever of a government crackdown on cryptocurrencies, beginning with February’s notorious central bank…