Spot Bitcoin ETFs see highest flow day in over 5 weeks
The BlackRock and Fidelity Bitcoin ETFs led the $310 million in inflows, while Grayscale recorded a rare inflow day at $23 million.
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America’s oldest bank, BNY Mellon, will custody Bitcoin
The chief executive of the bank's asset-servicing business says digital assets are becoming "part of the mainstream." 5279 Total views 31 Total shares Bank of New York Mellon, America’s oldest bank, has announced plans to hold, transfer and issue Bitcoin (BTC) and other cryptocurrencies as an asset manager on behalf of its clients.The impetus for…
Finance Redefined: Wonderland reveal and Wormhole hacked, Jan. 28–Feb. 4
Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.It’s been a tumultuous week of doxxing, hacks, bailouts and new highs in the decentralized finance space. Read on to recap the most impactful stories of the last seven days. This article represents a conspectus of the full email newsletter. For the full edition, sign up via…
Uphold’s New Debit Card Lets You Pay With Bitcoin, XRP and Gold
Digital payment platform Uphold has released a new debit card, allowing users to pay with converted crypto, commodities and cash. Uphold’s new multi-asset debit card allows United States-based participants to spend assets held in their Uphold accounts at any Mastercard compatible location, a representative from Uphold told Cointelegraph in an interview. “Anywhere globally where Mastercard is…
Nifty News: NFT and Web3 gaming console to launch in 2024, Chinese firms to check ID for NFT buying, and more
Polium, a company that markets itself as “building the products and infrastructure for Web3 gaming,” has said it's launching a gaming console that will support multiple blockchains and nonfungible tokens (NFTs).The “Polium One” console announced on July 3 is slated for an initial Q3 2024 release and will support the Ethereum (ETH), Solana (SOL), Polygon…
DeFi’s biggest names contribute to $1.1M investment in dHEDGE’s fund managers
dHEDGE has announced that $1.1 million will be injected into its fund managers’ pools by six of the platform’s investors and the dHEDGE DAO. 3218 Total views 15 Total shares Some of the biggest names in DeFi, including Framework Ventures and Alameda Research, are backing the expansion of decentralized asset management protocol dHEDGE.The investors and…
Solana becomes ecosystem partner of Dubai free zone
The Solana Foundation became an ecosystem partner for the Dubai Multi Commodities Centre, one of the free economic zones within the UAE. 145 Total views 2 Total shares The Solana Foundation became an ecosystem partner for the Dubai Multi Commodities Centre (DMCC), one of the free economic zones within the United Arab Emirates. According to the
Contrarian View: Why Bitcoin Price May Dump After 2020 Halving
Bitcoin’s (BTC) upcoming 2020 halving event has already posted numerous anticipatory headlines as the market waits to see how crypto’s flagship asset will react regarding its price. Additionally, speculators have filled Twitter, commenting that Bitcoin should see a jump in price, as has statedly been the case in the past. In contrast, some of Bitcoin’s charts…
Traditional Exchanges Pull Back From Reg A+ IPOs Due to Fraud Concerns
Traditional exchanges are holding off on Reg A+ initial public offerings (IPOs) following problematic offerings like that of purported cryptocurrency firm Longfin Corp., the Wall Street Journal (WSJ) reported on June 10.Earlier in June, the United States Securities and Exchange Commission’s (SEC) filed fraud charges against Longfin. The SEC claimed that Longfin fabricated 90% of…