Europe’s fourth largest hedge fund put nearly $500M in Bitcoin ETFs — Filing

The United States Department of the Treasury has added multiple cryptocurrency addresses to its Specially Designated Nationals (SDN) list under the Foreign Narcotics Kingpin Designation Act, or the Kingpin Act. These addresses, and the individuals associated with them, have been deemed to be associated with foreign narcotics operators.The Treasury updated its SDN list with recent…

The AVAX/USD exchange rate slips more than 16% after testing its May resistance level. 403 Total views 73 Total shares The Avalanche blockchain platform's native asset, AVAX, fell on Aug. 19 as traders decided to secure their profits from its 100% upside move.The AVAX/USD exchange rate plunged more than 16% after hitting a three-month high of…

Bitcoin (BTC) use for commercial payments has reduced significantly this year, according to a study by Chainalysis cited by Reuters Nov. 20.To prepare the study, Chainalysis reportedly surveyed 17 Bitcoin payment processors. The amount of BTC handled by major payment processors reportedly dropped by almost 80 percent from the beginning of the year to September.The…

R3’s widely-used open source blockchain platform Corda now supports the DAML smart contract language. 2961 Total views 21 Total shares DAML, a major smart contact language designed for building business-level blockchain applications, has been integrated with R3’s blockchain.Developed by United States’ blockchain startup Digital Asset, DAML, or Digital Asset Modeling Language, is now available on…

Wirecard is now filing for insolvency as a sudden $2.1 billion hole in its balance sheet wipes out 32% of the supposed assets owned by the company. 1395 Total views 24 Total shares Troubled fintech company Wirecard, which powers many of the crypto debit cards on the market, has reportedly filed to open insolvency proceedings.As…

The lawsuit claimed FTX Digital Markets was an "economic nullity" within the FTX Group "created as a front to facilitate a conspiracy to defraud the Debtors’ customers". 157 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe legal teams representing Alameda Research, FTX US, and FTX Trading have…

Blockchain artificial intelligence (AI) platform SingularityNET has officially launched a beta version of its Ethereum-based decentralized marketplace on Thursday, Feb. 28, according to a press release obtained by Cointelegraph.Ben Goertzel, CEO and chief scientist at SingularityNET, noted in the press release that the pre-beta version was stress tested by the community and volunteers prior to…