BlackRock’s misguided effort to create ‘Crypto for Dummies’
Crypto doesn’t need BlackRock’s Bitcoin ETF. It undermines the basic tenets of cryptocurrency — from banking the unbanked to reducing global oppression. Go to Source
Month: August 2023
Bitcoin funds see weekly outflows of $111M, most since March: CoinShares
Solana bucked the trend, with its $9.5 million in inflows taking the top spot over the past week. Go to Source
FTX has a plan, but creditors are not impressed: Law Decoded
A body representing FTX customers said it is “extremely disappointed” by the company’s reorganization plan. Go to Source
Cathie Wood predicts SEC simultaneously allowing multiple spot crypto ETFs: Report
ARK Investment Management is one of many firms looking for ways to offer U.S. investors exposure to crypto through exchange-traded funds. Go to Source
Breaking: ‘All funds are at risk’ — Steadefi exploited in ongoing attack
The leveraged yield aggregator confirmed on Aug. 7 that it was hacked and said it’s willing to discuss a bounty with the exploiters. Go to Source
Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges
Under the Securities and Futures Commission’s licensing regime which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements. Go to Source
UAE signs deal to develop carbon credit system on Venom Foundation blockchain
The UAE recently announced that it intends to reduce carbon emissions by 40% by 2030, a marked increase over its previous pledge. Go to Source
Buffett and Ackman take opposing sides on Treasury yields — What does it mean for Bitcoin?
Two investment moguls are betting on different directions for inflation and Treasury yields, with potentially negative impacts on Bitcoin. Go to Source
Bitcoin faces ‘endless spot selling’ as BTC price dips below $28.7K
BTC price strength fails to sustain $29,000 support as the week begins with fresh weakness for Bitcoin. Go to Source
CoinsPaid claims North Korean hacking group used fake job interview to steal $37M
Hackers attempted to infiltrate CoinsPaid infrastructure directly starting in March 2023, but switched their approach to targeting individuals through fake high-salary job offers. Go to Source
