According to a recent filing with the Securities and Exchange Commission (SEC), Monolith Management, an investment firm founded by former Sequoia China executive Cao Xi, has disclosed its ownership of over $24 million worth of BlackRock spot bitcoin exchange-traded fund…
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Circle Internet Financial Shifts Legal Base from Ireland to US with IPO Plans
Circle Internet Financial, the company behind the world’s second-largest stablecoin, USD Coin (USDC), has recently announced its plans to move its legal base from the Republic of Ireland to the United States. This strategic decision comes in response to the…
WorkoutApp and SKALE Collaboration for Gas-Free Fitness Rewards and Scalability
When it comes to prioritizing health and fitness, countless efforts have been made throughout history to incentivize individuals. One concept that has emerged is the move-to-earn model, which inspires people to turn their physical activities into tangible rewards. However, like…
JPMorgan Chase Reveals Holdings in Spot Bitcoin ETFs Through SEC Filing, in spite its CEO Jamie’s critic on Bitcoin
In a recent filing with the Securities and Exchange Commission (SEC), JPMorgan Chase, the largest bank in America, has disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs). This revelation provides specific insights into the bank’s holdings of spot Bitcoin…
US Justice Department Appoints FRA as Binance Monitor Following $4.3 Billion Plea Deal
In a significant development, consulting firm Forensic Risk Alliance (FRA) has been chosen by the United States Justice Department to fulfill the role of an outside monitor for Binance Holdings Ltd. This decision comes after Binance pleaded guilty to violating…
India Grants Binance and KuCoin Approval Signaling Shift in Crypto Industry Credibility
In a significant development for the cryptocurrency industry, Binance and KuCoin, two prominent offshore crypto platforms, have received approval from India’s Financial Intelligence Unit (FIU-IND), the anti-money laundering unit under the country’s Finance Ministry. This comes after a previous ban…
KfW Launches First Blockchain Based Digital Bond
Kreditanstalt fuer Wiederaufbau (KfW), the German state-owned development bank, is poised to make a significant leap forward in the world of finance with the issuance of its first-ever blockchain-based digital bond. This move follows KfW’s successful venture into digital bonds…
Hermetica Launches USDh Synthetic Dollar with 25% Yield on Bitcoin Network
Hermetica, a DeFi protocol operating on the Bitcoin network, has recently unveiled a remarkable announcement. In a captivating development within the cryptocurrency realm, Hermetica is preparing to introduce USDh, a synthetic United States dollar backed by Bitcoin. This innovative initiative…
Robinhood Posts $157 Million Profit Amid Crypto Surge and SEC Scrutiny
Robinhood Markets Inc., a prominent financial services company, has recently reported its second consecutive quarterly profit, benefiting from higher interest rates and the surging popularity of cryptocurrency trading. This article explores the factors contributing to Robinhood’s financial success while highlighting…
Do Central Banks Require Digital Currencies to Maintain Relevance in the 21st Century?
The potential integration of digital currencies by central banks, both for wholesale and retail purposes, has become a topic of significant interest and discussion. European Central Bank Governing Council member, Francois Villeroy de Galhau, believes that central banks should consider…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a…
