China Backed Publication: Terra LUNA Crash Vindicates Country’s Ban on Crypto-Related Activities

An op-ed article published in the state-backed Chinese publication Economic Daily, has suggested that the recent crash of the Terra blockchain’s LUNA and the de-pegging of the UST stablecoin vindicate the Asian country’s decision to ban crypto-related activities. In the article, the author names the interest rate hikes by the U.S. Federal Reserve and the […]

Go to Source

Powered by WPeMatico

Blackrock, Citadel, Gemini Deny Involvement in Terra Collapse

Blackrock, Citadel, Gemini Deny Involvement in Terra CollapseThe world’s largest asset manager, Blackrock, and hedge fund giant Citadel Securities have denied claims that they had a role in the fall of terrausd (UST) and terra (LUNA). In addition, crypto exchange Gemini has denied making a bitcoin loan that resulted in the terra collapse. Blackrock, Citadel Securities, Gemini Deny Rumors Following the collapse […]

Go to Source

Powered by WPeMatico

Medici LA 22: Report Investigates a Secret, Invitation-Only Crypto Event Held in Beverly Hills

Medici LA 22: Report Investigates a Secret, Invitation-Only Crypto Event Held in Beverly HillsAccording to a recent report, a secretly held, invitation-only crypto gala took place in Beverly Hills called the “Medici LA 22” event. The exclusive cryptocurrency gathering took place under the radar, but the two-day meeting was reported on after “130 or so” attendees met. An Exclusive, Closed-Door Meeting Took Place in Beverly Hills With Wall […]

Go to Source

Powered by WPeMatico

Blackrock Launches Blockchain ETF Offering Investors Exposure to Crypto Sector

Blackrock Launches Blockchain ETF Offering Investors Exposure to Crypto SectorThe world’s largest asset manager, Blackrock, has launched a blockchain exchange-traded fund (ETF). The fund, trading on the NYSE Arca, gives investors exposure to “companies that are involved in the development, innovation, and utilization of blockchain and crypto technologies.” Blackrock Debuts Blockchain ETF Blackrock, the world’s largest asset manager with $10 trillion in assets under […]

Go to Source

Powered by WPeMatico

Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round

Blackrock, Fidelity to Invest in Crypto Firm Circle in $400 Million Funding RoundBlackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm. Blackrock, Fidelity, Marshall Wace, Fin Capital to Invest in Circle Circle Internet Financial announced Tuesday that it has entered into an agreement for […]

Go to Source

Powered by WPeMatico

World’s Largest Asset Manager Blackrock: Russia-Ukraine War Has Potential Impact on Accelerating Digital Currencies

World's Largest Asset Manager Blackrock: Russia-Ukraine War Has Potential Impact on Accelerating Digital CurrenciesThe CEO of the world’s largest asset manager, Blackrock, says the Russia-Ukraine war has a “potential impact on accelerating digital currencies.” He confirms that Blackrock “is studying digital currencies, stablecoins and the underlying technologies to understand how they can help us serve our clients.” Blackrock on the Acceleration of Digital Currencies Blackrock CEO Larry Fink […]

Go to Source

Powered by WPeMatico

World’s Largest Asset Manager Blackrock Files for Blockchain Tech ETF

The New York-based multinational investment management corporation Blackrock has filed an application with the Securities and Exchange Commission (SEC) for a blockchain tech exchange-traded fund (ETF). The Ishares blockchain tech ETF aims to track the Intercontinental Exchange (ICE) index called the Factset Global Blockchain Technologies Index. Blackrock Files to Launch a Blockchain ETF The investment […]

Go to Source

Powered by WPeMatico

Blackrock CEO Agrees With JPMorgan Boss Jamie Dimon About Bitcoin, Sees ‘Huge Role for Digitized Currency’

Blackrock CEO Agrees With Jamie Dimon About Bitcoin But Sees 'Huge Role for Digitized Currency'The chief executive officer of the world’s largest asset manager, Blackrock, says he is “more on the Jamie Dimon camp” when asked whether he thinks bitcoin is worthless. However, the executive says he is fascinated by people’s interest in crypto and sees “a huge role for a digitized currency.” Blackrock’s CEO Sides With JPMorgan’s Jamie […]

Go to Source

Powered by WPeMatico