Former kickboxer Andrew Tate has placed a $10 million crypto bet on X, demonstrating his penchant for the spectacular once again. Tate issued a challenge to Ansem, a well-known influencer in the “Crypto Twitter” community. Andrew Tate started the tweet by challenging Ansem to a boxing bout and claiming the
June 12, 2024 2 mins read
Monday marked the end of the longest inflow run of 19 days for the 11 U.S. spot bitcoin exchange-traded funds, as a daily net outflow of $64.93 million was recorded. With $40 million in outflows this week, Grayscale’s GBTC was far and away the biggest loser. According to statistics from
June 11, 2024 2 mins read
HSBC firm’s China subsidiary has begun providing e-CNY services to corporate clients, the firm said. This makes HSBC the first international bank in China to provide services related to the digital currency of the central bank, offering these services to both retail and corporate clients. The People’s Bank of China
June 10, 2024 2 mins read
Several transactions draining $81.5 million from the protocol occurred during the end of 2023 on the cross-chain bridge Orbit Chain, which has significant links to the Klaytn ecosystem. The assets were left undisturbed after the attack until Saturday, when the hacker or group started transferring around $48 million to Tornado
June 10, 2024 1 min read
Yesterday was the 18th day in a row that U.S. spot bitcoin exchange-traded funds have seen net inflows, the longest run of positive flows since listing. The eleven funds received a combined net of $217.78 million, with the bulk of that sum going to the biggest spot bitcoin ETF by
June 7, 2024 1 min read
According to the Chair of the Securities and Exchange Commission (SEC), Gary Gensler, the speed with which issuers reply to SEC comments will determine the approval of spot Ethereum exchange-traded funds (ETFs) in the US. It would seem from Gensler’s remarks that the responsibility for approvals is with the issuers
June 7, 2024 2 mins read
The Singaporean McDonald’s in-app virtual environment was created in collaboration with Bandwagon Labs, the entertainment media tech company’s metaverse subsidiary, and McDonald’s Singapore. Bandwagon Labs Founder Clarence Chan outlined the three main components of McDonald’s metaverse. Singaporeans may now join in on the fun at McDonald’s “My Happy Place” metaverse,
June 6, 2024 1 min read
Amidst Bitcoin’s price surge beyond $71,000 recently, substantial inflows into the U.S.-based spot Bitcoin ETFs have restarted. Bitcoin exchange-traded funds (ETFs) saw inflows of about $500 million on Wednesday, with Fidelity’s FBTC maintaining the lead. Despite BlackRock’s long-standing dominance in spot Bitcoin ETF inflows, Fidelity’s FBTC has lately overtaken it.
June 6, 2024 1 min read
Despite a 54% decline in sales for the entire non-fungible token (NFT) market in May, digital collectibles on Bitcoin hit a new milestone. The overall sales volume of NFTs on the Bitcoin blockchain reached an all-time high of over $4 billion, according to NFT data tracker CryptoSlam, which was published
June 4, 2024 2 mins read
It appears that the U.S. Commodities and Futures Trading Commission (CFTC) is trying to bring together the digital assets sector and the traditional financial markets by adding Mo Shaikh, CEO of Aptos Labs, to its digital assets subcommittee. The CFTC’s rulemaking on international commerce and business is greatly influenced by
June 4, 2024 2 mins read
