VanEck subsidiary’s memecoin index up 137% year-to-date
This represents a 15x increase compared to the S&P 500’s year-to-date returns.
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Ebang aims to set up digital financial platform in New Zealand
The Nasdaq-listed company is moving ahead with its ambitious expansion plan. 1050 Total views 13 Total shares Ebang, a major Chinese Bitcoin (BTC) mining equipment supplier, is planning to acquire a financial firm in New Zealand to set up a local digital asset financial service platform.According to an official announcement on Oct. 14, Ebang International…

China: Crypto Exchange IDAX Locks up Cold Wallet as CEO ‘Goes Missing’
Chinese cryptocurrency exchange IDAX has suspended deposits and withdrawals after its CEO allegedly disappeared.In a blog post on Nov. 29, IDAX, which earlier this week warned it was seeing a run on withdrawals, said the whereabouts of Lei Guorong were currently unknown. IDAX: cold wallet access “restricted”“Since we have announced the announcement on November 24, IDAX…

1inch Foundation upgrades governance framework
The 1inch Network’s governance framework will have many of the hallmarks of Ethereum-based projects in a move that prioritizes user experience and broader network participation. 159 Total views 1 Total shares 1inch Foundation, the non-profit arm of the 1inch decentralized exchange aggregator, has introduced important changes to its governance framework intended to streamline the proposal…

App Offering Free Bitcoin and Ether to Users Is a Scam, Malware Hunter Warns
An app that claims to give users the chance to earn $45 a day in free bitcoin (BTC) is a scam, according to a tweet by an “independent malware hunter” posted on May 20.The software, known as Bitcoin Collector, is advertised on a website that supposedly enables users to share a unique URL with their friends with payouts of…

Bitcoin demand from Goldman Sachs clients ‘is rising,’ says COO
John Waldron said the investment management firm would “continue to evaluate” and “engage on” crypto for customers. 2399 Total views 14 Total shares U.S. banking giant Goldman Sachs recently decided to restart its cryptocurrency trading desk. This has reportedly led to an increased demand for digital assets among its customer base.According to a Reuters report,…

‘From dial-up to broadband’: Banco Santander exec talks up DLT utilization in finance
Regulated decentralized finance that combines permissioned layer-two protocols and a public blockchain network could be the future of fintech. 3814 Total views 24 Total shares John Whelan, the head of Banco Santander’s blockchain lab in Madrid, recently touted the potential for increased decentralized ledger technology adoption in mainstream finance.Speaking during a webinar organized by Fintech…

BCH, BSV Block Halvings Will Force Miners to Bitcoin (BTC) — Report
Bitcoin (BTC) miners will continue to capitulate due to low prices, but upcoming events for Bitcoin Cash (BCH) and Bitcoin SV (BSV) will fuel the turmoil, says a new forecast.In the latest edition of its State of the Network reports on March 31, Coin Metrics argued that Bitcoin was in a spiral of miner capitulation.…

‘I knew he was desperate’ — Binance CEO CZ opens up on SBF relationship
Binance CEO Changpeng ‘CZ’ Zhao knew Sam Bankman-Fried was in a desperate situation when the former CEO of the now-bankrupt FTX exchange called him for a bailout.CZ opened up on the events that nearly saw Binance come to the rescue of its ailing industry competitor as a credit crunch sent FTX into an inescapable spiral.…