Hong Kong Bitcoin, Ether ETF structures revealed ahead of April 30 launch
The spot exchange-traded funds will be denominated in the United States dollar, Hong Kong dollar, and Chinese yuan.
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French authorities to issue statement on Pavel Durov’s detention
It remains unclear if Durov has been officially arrested or charged.
US national figure skating body adopts Bitcoin donations
After announcing plans to go crypto in September last year, the U.S. Figure Skating now officially accepts Bitcoin for donations. 352 Total views 9 Total shares The United States national governing body for the sport of figure skating, the U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like…
DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins
The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin holdings.The DOJ is asserting that the state of Celsius’ financials are lacking transparency, and that key decisions like this should not be considered until the independent examiner report has been filed. The move…
DeFi platform Vee Finance exploited for $35M on Avalanche blockchain
Vee Finance says it suffered a $35-million attack just a few days after launching its mainnet on Avalanche last week. 2257 Total views 17 Total shares Decentralized finance (DeFi) platform Vee Finance reported $35 million in losses in an exploit, just a few days after launching its mainnet on the Avalanche network.After pausing services due…
Mythical Games raises $37M for in-game marketplace in Series C round
The company expects to raise another $20-$30 million when the full round closes in the coming months. Game publisher Mythical Games has secured $37 million in Series C1 funding, with plans to launch a new marketplace and pursue other revenue-generating initiatives. With this funding, Mythical will continue to hold the unicorn status with a valuation…
When Will Bitcoin Join the DeFi Revolution?
As of early February, more than $1 billion U.S. dollars of assets reside in decentralized finance protocols, commonly called DeFi protocols. DeFi protocols and platforms offer crypto holders sophisticated financial tools that were unavailable to them just a year or two prior, but the rapid evolution and speedy adoption of DeFi has left some observers…
FomoHunt Becomes First Merchant to Accept Huobi Tokens as Payment
Cryptocurrency exchange Huobi’s native Huobi Token (HT) is now available for making real-world online purchases of a wide range of products from the e-commerce platform FomoHunt.Per a press release shared with Cointelegraph on Aug. 22, users of HT can now purchase clothes, art, hardware and other products from the e-commerce and cryptocurrency industry news platform…
Key Bitcoin price metric signals BTC may be near a local top
Bitcoin miners are selling at a level unseen since July 2019 when BTC price topped out at $14,000. 2755 Total views 6 Total shares According to data from CryptoQuant, miners appear to be selling large amounts of Bitcoin (BTC). Historically, heightened selling pressure from miners marked a local top and led to sharp, prolonged corrections.BTC/USDT…