Spot Bitcoin exchange-traded funds saw net outflows of $545 million on the second consecutive day of withdrawals, indicating a significant change in institutional sentiment. Large investors have shown a reduction in exposure to Bitcoin while it was in a volatile market. The outflows indicate a cooling-off period for institutional investment,
One of the world’s biggest crypto exchanges, Binance, has made additions to its Secure Asset Fund for Users (SAFU) by acquiring 1,315 BTC worth $100 million, according to Arkham data. This is the second acquisition of Bitcoin by Binance as part of its plan to turn up to $1 billion
Jensen Huang, NVIDIA CEO, has emphasized that AI would co-exist with current technology. Thereby restoring confidence of the market amid an increasing selloff. AI cryptocurrencies are currently down, but they could reverse the trend in the days to come. Overall, the crypto market remains sluggish as multiple macro factors enter
Today, Binance Wallet is pleased to announce the launch of Security Center, the first all-in-one Web3 wallet security center. This hub is designed to bring together important security features, real-time risk monitoring, and educational resources inside a single interface that is simple to use. Users are given the ability to
Binance has announced a safety scanner for its Binance Wallet users, Security Center. Defined as a central hub, Security Center comes loaded with different features to check for different types of risks. Meanwhile, BNB price has noted an uptick and is estimated to surge further in the days to come.
Ripple has officially secured an Electronic Money Institution (EMI) license from the Luxembourg financial regulator. This makes the major shift for Ripple to expand its regulated payment and digital asset service throughout Europe. The license was granted by the Commission de Surveillance du Secteur Financier, converting the preliminary approval issued
CrossCurve, a cross-chain liquidity and bridge protocol, has confirmed that its bridge system was hacked, resulting in a loss of around $3 million. This affected multiple blockchains and is now under investigation. CrossCurve warns the users to pause all activity interacting with the protocol. How Attackers Hacked the Bridge system
Bitcoin-associated derivatives entered into this new trading week having a sharp price gap after CME futures opened again at around $6,800 lower, indicating increased pressure after January’s weak close. CME Bitcoin futures in January closed at around $84,560 and opened in the new trading week of the new month at
Nubank, Latin America’s biggest digital bank, has received conditional approval from the U.S. regulators to operate in the United States, which allows the company to offer crypto custody and traditional banking services under the federal framework. The Brazil-based bank has announced that the Office of the Comptroller of the Currency
A Tokenization firm, Securitize, has reported strong financial growth as it moves to become a publicly listed company. The firm has filed a registration statement with the U.S.SEC to go public through a merger with Cantor Equity Partners 2. Securitize’s Revenue growth Securitize has reported that the company’s revenue in
