Wealth advisers adopting BTC ETFs faster than any in history: Bitwise CIO
The CIO rebutted a more bearish take by investment researcher Jim Bianco, who noted that 85% of Bitcoin ETF uptake “is NOT from tradfi institutions.”
Related Posts
Former Facebook Counsel Joins Coinbase as Chief Legal Officer
Former Facebook Vice President and Deputy General Counsel Paul Grewal will lead crypto exchange Coinbase’s legal team. 941 Total views 14 Total shares Paul Grewal, a former US magistrate judge in California and Deputy General Counsel for Facebook, is joining crypto exchange Coinbase’s legal team.In a July 8 announcement on the Coinbase blog, the crypto…
Nifty News: IHOP bamboozles crypto users with ‘NFT,’ Logan Paul’s NFT falls to $10 and more
The YouTube star’s huge loss on his NFT has been bumped up by a measly bid after he shared how much it had dropped in value since his purchase last year. 297 Total views 15 Total shares
National Bank of Kuwait Launches Ripple-Based Cross-Border Payments Product
The National Bank of Kuwait (NBK) has launched a cross-border remittance product based on RippleNet’s blockchain technology, according to an announcement published Dec. 27.Established in 1952, the NBK is the largest financial institution in terms of assets in Kuwait. Per the bank’s 2017 annual report, the NBK has over $86.3 billion in total assets.The NBK…
Base hits 1M daily active addresses as Basenames takes off
Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.
Bitcoin price set to rebound? BTC shorts on Bitfinex crash by 25% after record spikes
Bitcoin (BTC) bears should watch out for a potential blow as the number of margined short positions on the Bitfinex exchange crashes by roughly 25%.The dataset dropped to 11,066 BTC as of 12:20 GMT Saturday, compared to 14,897 BTC at the session's open. Meanwhile, the drop came as a part of a bigger downside move…
SEC serves suit to evasive Richard Heart in Finland, but not in person
The suit was served via an alternate method, as process servers were unsuccessful in contacting Richard Heart in person for months. The United States Securities and Exchange Commission said it served its lawsuit to HEX founder Richard Schueler — aka Richard Heart — at his house in Finland’s capital of Helsinki.In a Dec. 11 New
9 examples of artificial intelligence in finance
Artificial Intelligence (AI) is transforming the financial sector, revolutionizing how banks, financial institutions and investors operate. Here are nine examples of AI in finance, and how they are changing the industry:Fraud detectionAI algorithms can analyze transactions in real time, detect anomalies and patterns that may indicate fraudulent activities, and alert banks to take appropriate actions. An…
How do you DAO? Can DAOs scale and other burning questions
DAO: Decentralized. Autonomous. Organization.“The whole phrase is a misnomer. They’re not decentralized, not autonomous and they are not organizations,” Monsterplay blockchain consultancy founder David Freuden tells Magazine.Freuden co-authored a 51-page report on DAOs in May 2020 in an attempt to help realize their potential. “We need DAOs,” he explains. “The idea of ‘shareholder first’ is only…