Spot Bitcoin ETF inflows surge, but BTC struggles to rally above $65K

Google Cloud recently launched a Web3 portal with testnet tools, blockchain datasets, and learning resources for developers, receiving mixed reactions from the crypto industry.

There is always going to be risks involved with interacting with cryptocurrencies and recent proof of this can be seen over the past few weeks after savvy hackers managed to abscond with millions of dollars worth of tokens from Bitmart, AscendEX and BadgerDAO exchange. Nexus Mutual is a decentralized platform that allows investors to secure insurance coverage against smart contract…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.The exploiter behind the $116-million theft of assets from Mango Markets will face trial in April next year after the accused convinced the judge to postpone the fraud

Hacked Japanese cryptocurrency exchange Coincheck has begun trading a wider range of assets Nov. 26, a press release confirmed, ten months after funds worth over $530 million were stolen.Monex Group, the Internet broker which purchased the hacked exchange in March for around $33.5 million, made the announcement following months of remedial measures and security improvements.The…

Bitcoin (BTC) closed the week down at $6,900 having lost around $1,400 or 18.72%. Monday got off to a disastrous start for the bulls, with a selloff in the Asian market session, losing another 5.5% finding lows of $6,500 before the bulls responded with a 13% swing back over $7,300. As has been witnessed recently, Bitcoin…

Former Bakkt CEO and Georgia's new Senator Kelly Loeffler will help oversee major financial regulator, the Commodity Futures Trading Commission (CFTC).Sworn into the United States Senate on Jan. 6, the crypto-friendly businesswoman has joined the Senate Agriculture Committee, which oversees the CFTC. The news was first reported by farm and policy publication Agri-Pulse on Jan.…

Data suggest Bitcoin’s price drops at each new all-time high are the result of “mega whales” selling into liquidity. 1278 Total views 10 Total shares Bitcoin price has re-established the $40,000 level as support but as bull push toward a new all-time high the possibility of another sharp sell-off looms.According to analysts at Material Indicators,…

Cowen initially announced plans to move into the crypto custody business in May 2021, entering a partnership with Standard Custody and Trust Company. 99 Total views 10 Total shares Cowen, a major American independent investment bank, has officially launched a dedicated cryptocurrency and digital asset division.Called Cowen Digital, Cowen’s new business is designed to offer…

Arcx has launched a new version of its “DeFi Passport,” Sapphire, promising the pseudonymous on-chain credit check will enable new decentralized finance products. 5762 Total views 6 Total shares Decentralized finance (DeFi) protocol Arcx has announced the launch of Sapphire v3, a DeFi passport allowing crypto users to pseudonymously build and verify their reputation on-chain.Announced…