UBS launches tokenized fund, puts ETH 'into the heart' of TradFi
The move by UBS to launch a tokenized fund on Ethereum is like “putting ETH right into the heart of traditional finance,” says one crypto commentator.
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ConsenSys Health Launches Coronavirus-related Virtual Hackathon
ConsenSys Health announced on April 7 the launch of the “STOP COVID-19 Virtual Hackathon,” which will take place from April 13 to May 11, 2020.The initiative is sponsored by Gitcoin, Hyperledger, ConsenSys, One Million Developers and OpenMined. It aims to leverage blockchain and other technologies to facilitate data access for researchers and healthcare professionals seeking…

BTC price 'base case' now $140K: 5 things to know in Bitcoin this week
Bitcoin sees a fresh wave of short-term bullishness as BTC price discovery returns in time for Christmas.

UK Treasury and central bank will consult on CBDC, potentially launching by 2030
"The earliest date for launch of a U.K. CBDC would be in the second half of the decade,” said the Bank of England, adding no final decision has yet been made. 1039 Total views 5 Total shares The Bank of England and the United Kingdom finance ministry are planning to launch a consultation on the…

Crypto funds under management drop to a low not seen since July 2021
Outflows from digital asset funds reached $141 million last week, a figure not seen since July 2021. 107 Total views 3 Total shares Digital asset investment products saw $141 million in outflows during the week ending on May 20, a move which reduced the total assets under management (AUM) by institutional funds down to $38…

Galaxy Digital and Bitmain Lead AVA Project’s $12M Private Token Sale
In anticipation of AVA mainnet launch this summer, Emin Sirer’s AVA project raises $12 million from major industry investors. 1277 Total views 17 Total shares The Avalanche Foundation, the organization behind the Emin Gün Sirer-founded blockchain protocol Avalanche, has raised $12 million in a new private token sale.According to an announcement on June 25, the…

Australian Financial Regulator Trials Blockchain to Automate Funds Transfer Instructions
The Australian Transaction Reports and Analysis Centre (Austrac) is trialing a blockchain prototype for the automation of funds transfer instructions, business tech news site ZDNet reported on Feb. 24.Austrac — a government financial intelligence agency — is reportedly partnering with the Swinburne University of Technology in Melbourne to trial the use of blockchain and smart…

Just 8% of Americans have a positive view of crypto: CNBC survey
A new CNBC survey suggests that only 8% of Americans have a favorable view of cryptocurrency as of the end of November, down significantly from the 19% recorded in March. CNBC’s All-America Economic Survey was conducted between Nov. 26 and Nov. 30. It, however, should be taken with a grain of salt as, despite its…

UK AI Safety Summit: Musk likens AI to ‘magic genie,’ says no jobs needed in future
The second day of the UK AI summit featured a one-on-one talk between Prime Minister Rishi Sunak and Elon Musk that discussed the future of the job market, China and AI as a “magic genie.” 237 Total views 2 Total shares The United Kingdom’s global summit on artificial intelligence safety, the AI Safety Summit, concluded