New South Korean leadership will press for BTC ETF trading
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another.
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Zuck got PUNKed — new Metaverse-linked ETF shorts Meta shares in holdings
“Facebook seems to be the antithesis of what actual consumers want their digital futures to look like,” said Subversive Capital Advisor founder Michael Auerbach. 1104 Total views 9 Total shares An exchange-traded fund linked to companies involved with the Metaverse launched on the Cboe BZX Exchange — shorting shares of Facebook’s parent company, Meta.The Subversive…

Major Latin American Bank Conglomerate Itau to Create Blockchain Platform for Small Loans
Brazil’s largest private bank has partnered with United Kingdom bank Standard Chartered to create a blockchain-based platform for small loans, according to a press release published by Itau Tuesday, Dec. 4.Itau Unibanco, also a major Latin American banking group, and Standard Chartered both offer international banking services. The two entities have successfully conducted a proof-of-concept…

Hawk Tuah influencer speaks out after memecoin rug pull allegations
A memecoin bearing Hailey Welch’s likeness rose to a market capitalization of roughly $500 million after its launch on Dec. 4 before dropping by 90%.

Exit Scam? Dublin-Based Exchange Bitsane Vanishes With Users’ Funds
Ireland-based cryptocurrency exchange Bitsane has apparently vanished, taking as many as 246,000 users’ crypto deposits with it. The news was reported by Forbes on June 27.Launched in 2016, Dublin-registered Bitsane LP was formerly listed as one of Ripple’s approved exchanges — a January 2018 CNBC article had also pitched the exchange as an option for…

COVID-19 Incentivizing Crypto and Leading Mainstream Adoption
Crypto is a place where everything changes faster than in any other industry, and seeing as it was born in the age of the internet, this is quite fitting. Today, China is leading the global digital asset initiative. The train of innovations seems to go faster as the digital yuan (also referred to as DCEP)…

Scalable ‘Blockchain’ Network Seals $35 Million From Sequoia Capital, Huobi and Others
A new blockchain-type network led by a Turing Award recipient and other academics has sealed $35 million in funding from big-name investors that include Sequoia Capital. The funding was reported by Fortune’s crypto-focused news section The Ledger on Dec. 4.Dr. Andrew Chi-Chih Yao, a Turing Award recipient who has earned the moniker of China’s “godfather…

A PR expert’s tips for memecoin projects
Popular culture depicts publicists as soulless spin doctors who will sell their mother if it means landing a feature in The Wall Street Journal. While it’s true that any serious PR pro is ambitious about earning coverage for clients, the idea that we are unshackled by ethics and objectivity is nonsense. PR is about connections,…

China 6 months behind US on AI, says Google’s former region head
The former president of Google China says he expects the AI-powered apps to take off much faster in China compared to the United States.