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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Cointelegraph Research launches venture capital database
Despite the generally negative price action across the crypto industry, continued venture capital investments in the space indicate that the industry is healthy and continues to evolve. Cointelegraph Research’s new venture capital database tracks the activity of VC firms and gives users access to the most important bellwether of innovation and early-stage activity.Macroeconomic factors have…
US govt delays enforcement of crypto broker reporting requirements: Report
The reporting requirements, aimed at reducing the size of the tax gap, were scheduled to take effect in January 2023, with crypto firms sending reports to the IRS starting in 2024. 200 Total views 17 Total shares The provision in the U.S. infrastructure bill signed into law in November, which will require financial institutions and…
Tachyon VPN Reaches 1 Million Users in Just Six Months
The app is among the top 5 most popular DApps in the world and it is available for both Android, iOS, and macOS users. 2142 Total views 19 Total shares Tachyon Protocol, a blockchain-based network set up by proof-of-stake creator Sunny King, reported its decentralized virtual private network, or VPN, reached 1 million users worldwide…
Crypto Biz: Tether to track USDT usage, Cipher gets takeover offer, and more
This week’s Crypto Biz also explores Tether’s new hiring, a takeover bid for Cipher, Grayscale new decentralized AI fund, Ether ETFs, and more.
Abra settles with SEC over unregistered securities charges
The SEC announced securities charges against the lending platform over its Abra Earn service but also said the firm had settled with pending civil penalties and an injunction.
Ark Invest founder Cathie Wood passed on buying the first Bitcoin Futures ETF
She cited an investigation into tax ramifications as one of Ark Invest’s reasons for withholding for now. 1319 Total views 7 Total shares Ark Invest founder and CEO Cathie Wood did not invest in the ProShares Bitcoin Strategy Exchange Traded Fund, or ETF, on opening day, according to Business Insider. Wood said about the ETF’s debut:“No,…
MoneyGram to launch non-custodial crypto wallets by Q1 2024
The non-custodial wallet will continue MoneyGram’s remittance focus allowing users to easily convert their digital assets to fiat. 109 Total views 3 Total shares Payment processing giant MoneyGram is all set to launch its own non-custodial crypto wallets, the company’s chief executive officer, Alex Holmes, announced during the Stellar Development Foundation annual Meridian conference.The non-custodial
Not the best week for crypto lending: Law Decoded, June 20-27
The Celsium failure continues to draw attention to the lending issues from regulators and community. 110 Total views 19 Total shares Due to Celsius Network’s withdrawal suspension in mid-June, the very topic of crypto lending made its entryway to the acute issues list for the regulators. Last week, lawmakers and officials continued to raise the…