Russians banned from accessing Bitmex within European Union

Paris-based asset management firm Napoleon AM has announced the launch of a specialized professional fund under French law, the Napoleon Bitcoin Fund. The fund would replicate the price of the cash-settled Bitcoin futures listed on the Chicago Mercantile Exchange. According to the company, this is one of the first regulated products giving exposure to Bitcoin, with…

Institutional investors are seen to be rushing toward Bitcoin (BTC) at high speed, with more companies emerging that look to adopt Bitcoin as a way to store their reserves. Recently, Marathon Patent Group, a Nevada-based Bitcoin mining company, has bought $150 million worth of Bitcoin as a reserve asset, a move similar to MicroStrategy purchasing…

Arvind Krishna, the chief executive of IBM, said roughly 30% of their non-customer-facing positions could be covered by artificial intelligence over a five-year period. 266 Total views 3 Total shares Own this piece of history Collect this article as an NFTInternational Business Machines Corp. (IBM) is expecting to put a “pause” on hiring for "back-office"…

A new study reveals Turkey in second place for crypto-related searches worldwide and first place for Dogecoin-related searches. 1168 Total views 33 Total shares Own this piece of crypto history Collect this article as NFTThe crypto market slump doesn’t mean interest in crypto is also down. A new study from the cryptocurrency education platform CryptoManiaks revealed that…

The Bank of Lithuania, or BoL, will launch a pre-sale of its CBDC, dubbed LBCOIN, on July 9, a representative for the central bank told Cointelegraph. The coin itself will be issued and sold on July 23.While LBCOIN is technically a CBDC based on the NEM blockchain and issued by the central bank of Lithuania,…

But the company with the most patents isn’t even American. 1131 Total views 19 Total shares Despite Alibaba filing more patents, the United States still takes the lead as the country with the most blockchain copyrights, a Sept. 17 report from intellectual property consultancy KISSPatent.The U.S. has 2,112 patents, followed by the Cayman Islands with…

The Enhanced Dai Savings Rate is based on DSR utilization and could boost the stablecoin yield by as much as 8%. 58 Total views 1 Total shares A proposal seeking to temporarily increase the interest rate granted to holders of stablecoin Dai (DAI) was approved by the MakerDAO community on July 27, raising yields for tokenholders…

Purchasing crypto with fiat or any “unrealized appreciation” are not taxable events according to Thomas Shea, an EY crypto tax executive. 249 Total views 26 Total shares While many refer to crypto as the “Wild West,” some believe that this may only continue for a little longer.Thomas Shea, crypto tax leader at EY Financial Services,…

The Grammy Awards will be accompanied by exclusive NFT drops for the foreseeable future. 675 Total views 21 Total shares The Recording Academy and OneOf, a green nonfungible token (NFT) marketplace backed by legendary record producer Quincy Jones, have announced an exclusive partnership centered around the next three years of Grammy Awards in an unsigned statement…