Singapore, France monetary authorities test quantum-proof security

Bitcoin-related funds saw outflows of $13 million over the past week, reversing five weeks of bullish inflows, according to Coinshares analyst James Butterfill. 142 Total views 1 Total shares Bitcoin-related investment products appear to have lost some of their sheen among crypto investors, recording its first week of outflows since Blackrock filed for spot Bitcoin…

Former equities portfolio manager Travis Kling has left billionaire Steven Cohen’s Point72 Asset Management to launch his own digital assets fund, Bloomberg reported September 21.Point72 is an asset management firm founded in 2014 as the successor of investment company SAC Capital Advisors. The latter pleaded guilty to federal insider trading charges and paid a $1.8…

A long-term arbitrage play from institutional investors may explain why shares in Grayscale’s Ethereum Trust have tanked by 50% in two weeks while Ether rallied 75%. 1270 Total views 9 Total shares Shares in fund manager Grayscale Investments’ Ethereum Trust plummeted by 50% this past fortnight, despite Ethereum rallying by 75% over the same period.ETHE…

When considering Web3 partnerships, the background and perspective of the evaluator may lead to blind spots. Traditional companies and investors may know the business fundamentals and financial metrics to examine but be unclear on industry-specific “must-haves” such as necessary tech capabilities and a committed fan base. Industry insiders, on the other hand, may be impressed…

When crypto markets took a hit after the collapse of FTX and other crypto lenders last year, some crypto critics repeated the mantra, “Let crypto burn.” Now, it’s big banks that are faltering — including Credit Suisse and First Republic — after regional banks, including Signature Bank and Silicon Valley Bank, sparked a cascade. As…

In a blog post, Coinbase said the WSJ seemed to confuse the nature of a transaction earlier this year made using money raised through a structured note that was later sold. 281 Total views 8 Total shares The Wall Street Journal and Coinbase are having a difference in definitions. The newspaper published an alleged account…

The founder of education platform Khan Academy has put out an urgent call for donations following a 250% surge in users due to the coronavirus crisis.CEO Sal Khan asked users to donate fiat — or they can donate Basic Attention Tokens (BAT) via their Brave browsers — to help the platform stay open during the…

The potential national digital currency in Kazakhstan is not intended to replace either cash or cashless payments, the central bank stressed. 1506 Total views 13 Total shares Kazakhstan’s central bank is planning to examine the potential benefits and risks of adopting a state-backed digital currency.The National Bank of Kazakhstan, or NBRK, published Wednesday a report…

“At that point in time we will make the decision as to whether or not we go forward with the digital euro.” 1628 Total views 21 Total shares The president of the European Central Bank, Christine Lagarde, has said that the bank should reach a decision on releasing a digital euro early next year.In an…