Digital asset funds see biggest weekly outflow since March
According to data from a CoinShares report, weekly total outflows for digital asset funds hit $600 million on June 14.
Related Posts


Bloomberg: Bitcoin Is Setting Up For 2017-Like Bull Run
A recent Bloomberg report concluded that Bitcoin may be priming for a massive bull run. 3268 Total views 150 Total shares A recent Bloomberg report states that Bitcoin (BTC) is preparing for a massive bull run.Even the report’s name is bullish — “Bitcoin Maturation Leap”. The report mentions a number of reasons that the Bitcoin…

Indonesia to impose 0.1% crypto tax starting in May: Report
The government is still reportedly considering how to implement crypto taxes, but legislation passed in response to the pandemic laid the groundwork. 106 Total views 13 Total shares The Indonesian government is reportedly planning to charge a 0.1% capital gains tax on crypto investments as well as a value-added tax, or VAT, on digital asset…

Summer Is Ending: Will Ethereum’s ERC-20 Pass the Governance to ERC-777?
The end of summer is a great time to set personal goals, to soak in the final days of sunshine and to reminisce about the summer's major events, like the promise made by Jordi Baylina, Jacques Dafflon and Thomas Shababi to introduce the ready-made ERC-777 token community standard, which is intended to replace the world's…

Blender and Sinbad operators face US money laundering charges
Two Russian nationals face charges of conspiracy to commit money laundering and operating an unlicensed money-transmitting business, while one remains at large.

Web3: Onboarding the next billion users — The road ahead
Recent geopolitical events have polarized the world. Partisanship and the ideological divide have further balkanized the internet, whose gatekeepers have trampled upon the rights of millions to access financial services. Nations are gradually waking up to the reality of having neutral protocols and national stacks. Hailed as the next generation of the internet, Web3 will be…

Netflix ‘might’ be next Fortune 100 firm to buy Bitcoin — Tim Draper
The famous investor picks Netflix among major companies as the most likely to put Bitcoin on its balance sheet. 2153 Total views 17 Total shares Netflix may just be the next Fortune 100 company to buy Bitcoin (BTC) and Amazon will have to accept it, says billionaire Tim Draper.In an appearance on the Unstoppable Podcast…

Sustainable Bitcoin miner uses waste heat to dry wood
Norway is a bastion for renewable energy management in Europe. As much as 99% of Norway’s energy derives from hydropower while the grid often enjoys a green energy surplus. But for Norway’s largest data center and Bitcoin (BTC) miner, Kryptovault, using regenerative hydropower to attempt to solve valid Bitcoin blocks was not enough. At the Hønefoss Bitcoin…

Kraken Exchange Acquires Service Provider for Institutional Investors
Cryptocurrency exchange Kraken has acquired Interchange, an accounting and portfolio reconciliation service provider for institutional cryptocurrency investors.A press release published on July 31 outlines that the acquisition supports Kraken’s creation of an end-to-end crypto trading and reconciliation platform. An arsenal of tools for institutional clientsAs the release outlines, Interchange’s co-founders and crypto veterans Dan Held and…