Category Archive: Cryptocurrency, No picture
CME prepares to launch spot Bitcoin trading — FT
The Chicago Mercantile Exchange (CME), the world’s largest futures Bitcoin (BTC) trading platform, is preparing to introduce spot BTC trading in response to the increasing demand from Wall Street investors. According to an initial report from the Financial Times, CME has been in discussions with crypto traders to establish a regulated marketplace for spot BTC […]
PayPal’s stablecoin PYUSD joins BVNK’s crypto payment ecosystem
BVNK, a payment infrastructure provider, has announced the integration of the PayPal USD (PYUSD) stablecoin, issued by Paxos Trust Company, into its payment system. This move allows businesses to access PYUSD on BVNK’s platform, which supports a variety of digital and fiat currencies.In addition, as an approved member of the PYUSD ecosystem, BVNK can directly […]
Q1 Bitcoin ETF holders: 1500 institutes reported, Millennium leads with nearly $2 billion in holdings
Yesterday marked the deadline for investment firms managing over $100 million in Bitcoin exchange-traded fund (ETF) shares to disclose their holdings, and the data shows that these newly launched ETF products are attracting significant interest from institutional players.According to combined data from Fintel, over 1500 investment firms disclosed total ownership of around $10.6 billion in these […]
Canadian authorities arrest self-proclaimed ‘Crypto King’ for $30M fraud
Aiden Pleterski, the self-proclaimed “Crypto King” from Whitby, Ontario, has been arrested on charges of fraud and laundering the proceeds of crime in Canada.The arrest follows Pleterski’s collection of millions of dollars from investors, which he allegedly spent on luxury goods instead of investing in digital assets. During the crypto boom between 2021 and early […]
Bitcoin rallies to $66,000 as inflation pressure eases
Bitcoin (BTC) climbed to $66,400 on Wednesday after the April Consumer Price Index (CPI) showed signs of easing inflation pressures, according to data from CoinGecko.The US Bureau of Labor Statistics reported a decrease in the CPI to 3.4% year-over-year in April, down from 3.5% in March. Similarly, the core CPI, which omits food and energy […]
Mastercard and Standard Chartered complete first live test of Multi-Token Network
Mastercard and Standard Chartered Bank Hong Kong (SCBHK) have successfully completed the first live test of Mastercard’s Multi-Token Network (MTN) within the Hong Kong Monetary Authority (HKMA) Fintech Supervisory Sandbox.The proof-of-concept pilot involved tokenizing carbon credits and performing an atomic swap between the tokenized deposit and carbon credit. According to Helena Chen, Mastercard’s managing director […]
US lawmaker urges SEC to repeal controversial crypto custody rule SAB 121
US Representative Wiley Nickel has called on the Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, to repeal the contentious Staff Accounting Bulletin 121 (SAB 121) before the upcoming Senate vote.SAB 121 mandates financial institutions custodying crypto to hold these assets on their balance sheets, a requirement that has drawn criticism from various […]
Zero-knowledge identity project Humanity Protocol hits $1B valuation after latest funding round
Humanity Protocol, a zero-knowledge decentralized identity project, has achieved a valuation of $1 billion in a round led by Kingsway Capital, with significant contributions from Animoca Brands, Blockchain.com, and other key players, according to a press release shared by the team on Wednesday.The firm said it had secured $30 million in a seed round and […]
BlackRock, Fidelity, Bitwise Bitcoin ETF draw $205M from New York’s Pine Ridge Advisers
Pine Ridge Advisers, a New York-based registered investment advisor, has disclosed substantial holdings in three US spot Bitcoin exchange-traded funds (ETFs), managed by BlackRock, Fidelity, and Bitwise. These are the iShares Bitcoin Trust (IBIT), Fidelity Wise Origin Bitcoin Fund (FBTC), and Bitwise Bitcoin Strategy Optimum Roll ETF (BITC).According to a snapshot shared by Bloomberg ETF […]
TRON DAO at Cornell Blockchain Conference
Geneva, Switzerland, May 15, 2024 – TRON DAO, a platinum sponsor at the Cornell Blockchain Conference, recently showcased its leadership at Cornell Tech on Roosevelt Island. The event attracted over 800 participants, including students, academics, and industry leaders, highlighting TRON DAO’s commitment to blockchain education and community interaction. Many of these participants visited the TRON […]
