European investors pour record $105B into US Bitcoin ETFs
Despite record European inflows, Bitcoin has been unable to recover above the $70,000 psychological level since July.
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Top Binance execs in Russia leave as firm considers exiting the market
Binance VP Eastern Europe Gleb Kostarev and CIS director Vladimir Smerkis have announced they have quit the company. 835 Total views 9 Total shares Cryptocurrency exchange Binance is losing two key executives related to the Russian market amid major regulatory challenges related to sanctions.Gleb Kostarev, head of Eastern Europe and Russia at Binance, took to
Blurring the line between crypto and TradFi could redefine global finance
Despite the current struggle in the global economy, the gap between traditional finance (TradFi) and crypto seems to be closing with each passing day. For example, earlier this month, Vienna-based fintech unicorn Bitpanda announced that it was adding commodities to its list of investment options, thus allowing investors to rake in profits from short-term price fluctuations…
VC firms are slowing down crypto investments for a 'nuanced reason' — Venture Capitalist
Adam Cochran highlighted that crypto funding has slowed as venture capitalists prefer to focus on “breakout trends” rather than “moonshots.”
BitMEX Email Data Leak Fallout Is Serious, Many Users Already Affected
On the first day of November, it came to light that popular crypto derivatives exchange BitMEX had accidentally leaked sensitive data related to its users, which occurred as a result of the company failing to apply a blind copy protocol to its mass mail servers.The lapse was acknowledged by the firm just a few hours later.…
Chinese Bitcoin mining shakeout may have surprise BTC price consequences — analyst
Bitcoin's production cost is dropping, and price action often rebounds to new highs if it dips below it, data shows. 1472 Total views 3 Total shares China's crackdown on Bitcoin (BTC) mining may have unintended benefits for BTC price action, one analyst suggests.In a tweet on June 18, Charles Edwards, CEO of investment firm Capriole,…
Successful decentralization doesn’t need blockchains: Nillion CEO
Decentralization via blockchain technology has given rise to several applications such as cryptocurrency, nonfungible tokens (NFTs), decentralized autonomous organizations (DAOs), decentralized finance (DeFi), and many more use cases. However, the future of decentralization may very well extend beyond blockchain technology. Nillion, an internet infrastructure platform based on cryptography, has developed a technology called Nil Message Compute (NMC),…
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