Over 50% of US hedge funds have exposure to Bitcoin as BTC crushes stocks in 2024
Millennium Management, holding 27,263 BTC worth $1.69 billion, has allocated about 2.5% of its $67.7 billion in total assets under management to Bitcoin.
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What are NFT mystery boxes, and how do they work?
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US Secret Service Creates Finance-Related Cybercrime Task Force
The Cyber Fraud Task Force created by the U.S. Secret Service aims to combat the growing trend of cybercrimes related to financial matters. 887 Total views 24 Total shares The U.S. Secret Service announced the creation of the Cyber Fraud Task Force, or CFTF on July 10, after merged its Electronic Crimes Task Forces and…
Ex-UBS Head Wants His Crypto Bank to Tap $220B Cryptocurrency Market
Peter Wuffli, the former CEO of Switzerland’s largest bank UBS and director at Swiss crypto bank Sygnum, wants to tap the “$220 billion market of institutions and private individuals who already own cryptocurrencies.”Local news outlet SwissInfo reported on Sept. 26 that Wuffli has shown excitement concerning the potential of crypto assets. In an interview, he…
GameFi apps revived interest in blockchain gaming: Huobi Research
GameFi initiatives have seen a steep increase since June 2021, owing to a sizable reduction in transaction costs and improved user experience. 632 Total views 7 Total shares Crypto exchange Huobi’s research arm, Huobi Research, has identified a rising interest in blockchain gaming as a direct impact from GameFi initiatives. GameFi implies the use of…
US authorities are investigating former FTX exec for potential campaign finance violations: Report
FTX Digital Markets co-CEO Ryan Salame was the individual who first reported FTX to Bahmanian authorities, but he reportedly may face charges of his own in the United States. Prosecutors in New York are reportedly looking into former FTX Digital Markets co-CEO Ryan Salame for potential violations of campaign finance law in the United States.According…
Hurricane Idalia delays Ron DeSantis’ reported plans to accept crypto campaign donations
The storm hit Florida first in the continental U.S., which may have stopped Ron DeSantis from joining Vivek Ramaswamy in accepting crypto donations for his presidential campaign. 123 Total views 4 Total shares Florida Gov. Ron DeSantis canceled a campaign event in which he was reportedly planning to announce the acceptance of cryptocurrency contributions toward
Wormhole raises $225M at $2.5B valuation
The protocol reached a total value locked of $3.8 billion at its peak. 301 Total views 4 Total shares Cross-chain protocol Wormhole has secured a $225-million investment at a valuation of $2.5 billion.According to the Nov. 29 announcement, the investment round was led by Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading, ParaFi, Dialectic, Borderless
BitsCrunch raises $3.6M in funding for NFT analytics tools
Several high-profile investment firms contributed to the funding round, suggesting interest in the space is far from waning any time soon. 406 Total views 26 Total shares Crypto and nonfungible token (NFT) ecosystem analytics firm BitsCrunch has secured $3.6 million in a funding round led by Animoca Brands, Coinbase Ventures, Crypto.com Capital, and others.BitsCrunch uses…