Hong Kong Bitcoin ETFs top $250M AUM
For the Hong Kong-based spot Bitcoin ETFs to compete with their US counterparts, they will need to attract more retail and institutional investors.
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The NEAR.AI Assistant was launched at the Redacted conference in Bangkok over the weekend, along with a plan to build the world’s largest open-source AI model.
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Bittrex Crypto Exchange Transitions to ERC-20 Implementation of Tether
American cryptocurrency exchange Bittrex has completed switching Tether (USDT) from the OMNI-based implementation of the stablecoin to the ERC-20 standard on the Ethereum network. Bittrex announced that USDT deposits and withdrawals are now open in a tweet on Aug. 5. The exchange had temporarily suspended USDT deposits and withdrawals while making the switch. “Quicker, cheaper, and more…
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Bittrex Global gets cleared to run crypto exchange from Bermuda
Bermuda continues to welcome fresh wave of crypto exchanges on the island. Crypto exchange Bittrex Global received the green light from Bermuda’s financial watchdog to run its operations under the supervision of local authorities.According to the official announcement, the company got a full “Class F Digital Assets Business Act” license from the Bermuda Monetary Authority,…
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The Metaverse needs to keep an eye on privacy to avoid Meta’s mistakes
Metaverse skeptics fear the prospect of unprotected data and large-scale user surveillance on a scale never seen before. Ironically, the largest company pushing the Metaverse, Meta (previously known as Facebook), has faced its own fair share of privacy scandals in the internet’s current iteration, culminating in Mark Zuckerberg being infamously hauled before the United States…
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Blockchain will transform government services, and that’s just the beginning
Governments are tasked with bringing fair and efficient services to the public. Unfortunately, providing transparency and accountability often results in a reduction in efficiency and effectiveness or vice versa. Governments are usually forced to choose to improve one at the cost of the other. On rare occasions, technology comes along that enables governments to improve…
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Uber’s Largest Shareholder Softbank Denies Deal With Bitmain, Other Investments Uncertain
An official from Softbank has denied their involvement in the investment deal with Bitcoin (BTC) mining behemoth Bitmain that was reported last week by both crypto and mainstream media sources. As previously reported, Bitmain had allegedly sealed a pre-Initial Public Offering (IPO) financing deal which had brought its valuation to $15 billion. Both Chinese tech…
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US Bitcoin reserve odds skyrocket on betting markets
Kalshi bettors put the odds of Trump creating a Bitcoin reserve in 2026 at roughly 70%.
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Everyone’s talking crypto for solving sub-Saharan Africa’s payments problems
Stablecoins and continentwide regulations are key to breaking down barriers to Africa's economic growth. 1579 Total views 13 Total shares As global interest in stablecoins explodes, a number of key players are pushing especially hard for more adoption in Sub-Saharan Africa.On Thursday, the Center for Strategic and International Studies' Africa Program published new analysis advocating…