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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Russian Draft Bill Lacks Core Crypto Terms After Recent Edits
Russian deputies have removed the definition of crypto mining from a draft bill on digital currency regulation ahead of its next reading in the State Duma, major local news agency Interfax reports Oct. 19. Consequently, the new law will not clarify tax issues for miners.The chairman of the Duma Committee on Financial Markets Anatoly Aksakov…

Crypto Derivatives: CME Volume Crashes 89% in 3 Days, SEC to Rule on ETF
Daily trade volume for Chicago Mercantile Exchange (CME)’s bitcoin (BTC) futures produced a new low for 2020 on Feb. 21, with $118 million worth of contracts changing hands on Friday.The record low came just three days after CME daily volume exceeded $1 billion for just the third time in the market’s history, with CME bitcoin…

Crypto influencers scramble to recover Twitter accounts after suspensions
Twitter suspended a number of major cryptocurrency-related accounts, including some of the industry’s biggest influencers. 3735 Total views 14 Total shares According to a March 10 tweet by Bitcoin (BTC) podcaster Peter McCormack, at least six crypto-related accounts have been recently suspended by Twitter.The listed accounts include some of the most prominent crypto figures on…

Non-Fungible Tokens, Explained
2. Because they can offer unique characteristics which make them different and digitally scarce. Many tokens – and indeed cryptocurrencies – are fungible. If you send someone a Bitcoin, and get one back, you wouldn’t notice any difference. A lot of the time, fungible tokens are built using a standard called ERC-20. For the sake…

No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios
The firms work with prominent crypto exchanges such as Binance, KuCoin, Crypto.com, Gate.io, OKX and FTX. 951 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTAs the FTX collapse highlighted the need for more transparency from centralized crypto exchanges, working with auditors has been the move by top…

Is payments giant SWIFT preparing for a blockchain-bound future?
SWIFT is a payments colossus. It operates across more than 200 countries, has 11,000-plus financial institution clients and transmits some 8.4 billion financial messages every year. It is the global leader in cross-border bank-to-bank payments and recently played a key role in the West’s economic sanctions on Russia. That doesn’t mean the Belgium-based cooperative is immune…

Bitcoin landfill man loses appeal, says he has one ‘last legal option’
The man who has been trying to recover a hard drive containing the private keys to 8,000 Bitcoin from a UK landfill site now plans to file an international human rights case. A UK man’s bid to obtain a permit to search a landfill for his hard drive — holding private keys to 8,000 Bitcoin

Valued at $9B, Pokemon Go creator to build metaverse with fresh funding
Prominent crypto investors like Chainalysis and Coatue have invested $300 million in Niantic’s metaverse project. 212 Total views 7 Total shares Niantic, the popular augmented reality (AR) mobile game Pokemon Go developer, is planning to build a “real-world” metaverse with newly raised funding.The company officially announced Monday the completion of a $300 million raise from…