Grayscale’s Bitcoin Mini Trust ETF tops $1B in net inflows

2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. Bitcoin (BTC) still beats gold as an investment in 2020 despite the precious metal generating its biggest returns in a decade.In a knock to gold bugs, data shows that despite gold’s run this year, Bitcoin still trumps…

The public has until Nov. 3 to submit comments on the Treasury addressing ransomware attacks, the illicit finance risks of cryptocurrency mixers and DeFi, and coordinating AML/CFT policy. 574 Total views 6 Total shares The United States Department of the Treasury will be calling for comments from the public on digital assets, including their views…

Stablecoin Tether (USDT) is gaining popularity as a payment method, with some analysts seeing it catching up with Bitcoin (BTC) and Ether (ETH).As Bloomberg reported on Oct. 25, cryptocurrency payments processor CoinPayments registered the rapid increasing of popularity of Tether — a stablecoin pegged 1:1 to a United States dollar — as a means of…

Binance has launched two Binance Futures Testnet Platforms, inviting users to participate in a 10,000 Binance Coin (BNB) futures trading competition.Two promotions during testingThe major crypto exchange has launched two futures trading platforms named Futures A and Futures B in testing mode, allowing Binance customers to participate in a simulated trading competition, Binance announced on…

The document creates multiple offices tasked with fulfilling various jobs for the protocol, each with their own powers and responsibilities. 204 Total views 4 Total shares Own this piece of history Collect this article as an NFTMakerDAO, the decentralized autonomous organization that governs the Dai (DAI) stablecoin, has passed a new proposed “constitution” intended to…

South Korea’s second-largest city, Busan, will let its citizens access government services using a blockchain-based identification app developed by Coinplug. 1148 Total views 50 Total shares Busan, the second-largest city in South Korea, has launched an identification app that uses a public blockchain to verify citizen information.The app was developed by Coinplug, a Korean startup…

The committee of central banks and regulators has proposed a “conservative prudential treatment” of crypto assets that banking groups say is prohibitive. 258 Total views 4 Total shares The Basel Committee on Banking Supervision met Friday and discussed cryptocurrency, among other topics. The committee stated that it would soon publish its second consultative paper with…

Sept. 7, 2022 marks exactly one year since El Salvador became the first country in the world to adopt Bitcoin (BTC) as legal tender by enforcing the Bitcoin Law.Advocating for Bitcoin as legal tender last year, El Salvador President Nayib Bukele promised that Bitcoin adoption would benefit the 70% of the local population that had…