Category Archive: Cryptocurrency, No picture
LI.FI integrates ThorChain for native Bitcoin swaps with EVM chains
Key Takeaways LI.FI integrates ThorChain to support native Bitcoin swaps with EVM chain assets. The integration simplifies Bitcoin accessibility and is available through LI.FI’s API. Share this article LI.FI, a cross-chain liquidity solutions provider, has integrated ThorChain to support native Bitcoin (BTC) swaps. This integration, powered by SwapKit, allows users to exchange native Bitcoin with […]
BlackRock overtakes Grayscale as largest crypto fund manager
Key Takeaways BlackRock’s IBIT ETF has grown to $21 billion AUM since January launch. Grayscale’s ETHE fund has experienced $2.3 billion in outflows since US Ethereum ETFs began trading. Share this article BlackRock has taken over Grayscale as the largest digital asset fund manager in assets under management (AUM). As highlighted by James Butterfill, head […]
Binance resumes operations in India, confirms regulatory compliance
Key Takeaways Binance has officially registered as a reporting entity with India’s financial regulators. The exchange has resumed services in the market in compliance with local regulations. Binance has officially resumed services in India after registering as a reporting entity with India’s Financial Intelligence Unit (FIU-IND), said the company in a Thursday blog announcement. The […]
What are Schnorr signatures?
Key Takeaways Schnorr signatures enable efficient, private transactions through signature aggregation. ICP’s Schnorr integration allows direct Bitcoin interaction, boosting its cross-chain potential. Schnorr signatures represent a cutting-edge digital signature scheme that offers significant improvements in efficiency, privacy, and security compared to traditional signature algorithms. Developed by renowned cryptographer Claus Schnorr in 1989 with methods published […]
Circle will soon enable NFC contactless payments for USDC on iPhones, says CEO
Key Takeaways Circle will introduce USDC tap-and-go payments on iPhones soon. Apple’s NFC chip access is now open to third-party developers. Circle is set to offer NFC contactless transactions for USDC payments on iPhones, said the company’s CEO Jeremy Allaire in a recent statement.The upcoming feature will leverage Apple’s latest decision to let third-party developers […]
US crypto bill could ‘happen’ with Harris’ support — Senator Schumer
Key Takeaways Schumer advocates for a bipartisan approach to US crypto legislation. The Senate aims to pass significant crypto regulation by year’s end. Senate Majority Leader Chuck Schumer has set an ambitious goal to pass bipartisan cryptocurrency legislation by the end of the year, signaling a potential shift in the Democratic party’s stance on digital […]
Morgan Stanley holds $187 million in BlackRock’s IBIT
Key Takeaways Morgan Stanley’s holdings in BlackRock’s Bitcoin ETF amount to $187 million. The firm has enabled its advisors to pitch spot Bitcoin ETFs to select clients. Wall Street titan Morgan Stanley held around $187 million worth of BlackRock’s iShares Bitcoin Trust (IBIT), as of June 30, according to a recent 13F filing shared by […]
Vanguard CEO Salim Ramji: “We will not be launching crypto ETFs”
Key Takeaways Vanguard’s Ramji firmly rejects the introduction of crypto ETFs. Despite market trends, Vanguard maintains its identity focusing on client-centric strategies. Salim Ramji, Vanguard’s CEO, said the company would not chase market trends that conflict with its core principles and client needs. In an exclusive interview with ETF.com, Ramji stated that Vanguard “will not […]
Wisconsin state boosts BlackRock’s Bitcoin ETF shares, exits Grayscale Trust
Key Takeaways The State of Wisconsin increased its IBIT shares by 447,651 as of June 30. SWIB sold all its shares in GBTC, where it previously held 1,013,000 shares. The State of Wisconsin Investment Board (SWIB) added 447,651 shares of BlackRock’s iShares Bitcoin Trust (IBIT) to its investment portfolio, bringing the total holdings to 2,898,051 […]
US government-associated wallet moves $600 million in Bitcoin
Key Takeaways 10,000 BTC worth around $600 million has been moved from a government-linked wallet. The wallet involved is associated with assets seized from the Silk Road. A wallet connected to the US government transferred over 10,000 Bitcoin (BTC) in the last few minutes, according to data from Arkham Intelligence. This is the address that […]
