Michigan pension fund discloses $6.6M investment in Bitcoin ETFs
In an SEC filing, the state’s pension fund disclosed holding 110,000 shares of the ARK 21Shares Bitcoin ETF as of June 30.
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Crypto exchange Bybit buys $742M of Ether: Lookonchain
Blockchain analytics firm Lookonchain reports Bybit bought $742 million worth of Ether using two wallet addresses between Feb. 22 and 23.

Thailand threatens Facebook over crypto scams and other fraudulent ads
Thailand’s digital minister said he would seek a court order to shut Facebook in the country unless it takes action on the alleged scams. 76 Total views 2 Total shares Thailand is planning to seek a court-issued shutdown order against Facebook unless it takes steps to deal with alleged investment and crypto scam ads on…

Crypto Community Is Keeping Itself Entertained While on Coronavirus Lockdown
Nationwide lockdowns have become commonplace in a number of countries across the world as the global community tries to curb the spread of the novel coronavirus. For weeks on end, people have had to hunker down in their homes and practice social distancing in order to “flatten the curve” of COVID-19’s spread. Setting aside the…

Texas Blockchain Council endorses Ted Cruz for US Senate
The junior senator from Texas has spoken at several crypto conferences about Bitcoin mining and its potential benefits for the Lone Star State’s energy grid.

Increased utility in DeFi, NFTs back Ethereum’s 3-year high in its ETH/BTC pair
This week, Ether (ETH) price reached a new 2021 high against Bitcoin (BTC), bringing its year-to-date returns slightly above 350% and according to technical analysis, the rally could extend even further.On Dec. 1, bids for the ETH/BTC pair hit 0.0835 BTC on Coinbase for the first time this year. The upside move came as a…

Chainlink releases native Substrate module to bring its oracles to Polkadot
Polkadot parachains can now choose to add Chainlink price feeds to their runtime. 1868 Total views 15 Total shares Polkadot and Chainlink have announced the release of Chainlink’s Price Feeds as a module, or “pallet” in Polkadot terminology, for the Substrate blockchain framework.The release means that any project building on the Substrate framework — which…

Canaan secures new financing as revenue falls 55% in Q3
Despite a downturn in its bottom line, the company has secured a deal with an institutional investor to potentially raise $125 million in capital. 181 Total views 1 Total shares Bitcoin (BTC) miner Canaan is seeking new capital amid a slump in its revenue and bottom line.According to its Q3 2023 earnings report released on

US Senators reintroduce crypto bill aimed at comprehensive regulation
The Responsible Financial Innovation Act will establish guardrails "to prevent another FTX-style event from occurring" in the wake of the 2022 market crash and many bankruptcies. 72 Total views 1 Total shares United States Senators Cynthia Lummis and Kirsten Gillibrand will reintroduce legislation aimed at establishing a comprehensive regulatory framework for digital assets.The U.S. lawmakers…