The launch of spot cryptocurrency exchange traded funds in Hong Kong has opened the door for a future wave of Chinese investors, according to industry experts. Speaking to Bloomberg TV, China Asset Management CEO Yimei Li said the launch of spot ETFs for Bitcoin and Ethereum on Tuesday "opens t...

Published at: 2024-04-30

Issuers of Hong Kong-listed funds are unconcerned about attacks on cryptocurrencies in the United States that could result in Ether being classified by ETH regulators as a security. Speaking at a press conference on April 29, on the eve of the launch of cash cryptocurrency ETFs in Hong Kong, th...

Published at: 2024-04-30

Keonne Rodriguez, one of two people linked to cryptocurrency mixer Samourai Wallet who was charged by the US Department of Justice with money laundering, pleaded not guilty and was released on bail.On April 29, during a hearing before the U.S. District Court for the Southern District of New York, Ro...

Published at: 2024-04-30

A single Bitcoin miner defied all odds by solving a standalone Bitcoin block, thus earning a full 3.125 Bitcoin block reward. On April 28, a software engineer and administrator from the ckpool solo mining pool, Con Kolivas, sent word to X that the miner had solved the 282nd solo block in Bitcoi...

Published at: 2024-04-29

Australia's largest exchange, the Australian Securities Exchange (ASX), may give the green light to several spot Bitcoin ETFs by the end of the year. Following in the footsteps of fund issuers from the United States and Hong Kong, Bitcoin ETF applications from VanEck Australia and local ETF man...

Published at: 2024-04-29

Introducing rules for decentralized financial protocols in Europe could raise significant barriers for crypto projects, while encouraging licensed traditional financial institutions to participate, predicts Marina Markezic, executive director of the European Crypto Initiative.During an interview wit...

Published at: 2024-04-29

"Epic sat" - an extremely rare satoshi mined from Bitcoin's fourth halving - was sold for 33.3 Bitcoin (BTC), worth about $2.13 million.The sale of the satoshi - Bitcoin's smallest unit - took place on April 25 on cryptocurrency exchange CoinEx Global - roughly five days after one of its partners, B...

Published at: 2024-04-26

Digital asset investment manager Pantera Capital is reportedly looking to raise more than $1 billion for a new fund that offers investors exposure to the "full spectrum" of blockchain-based assets.The launch of Pantera Fund V, scheduled for release in April 2025, is intended to serve as the firm's c...

Published at: 2024-04-26

According to a cryptocurrency lawyer, the Federal Bureau of Investigation's recent warning to Americans against using unregistered cryptocurrency money transfer services may be targeting privacy tools based on smart contracts.In an April 25 public service announcement, the FBI urged Americans to use...

Published at: 2024-04-26

Bitcoin, ETH and major altcoins briefly lost value following news that the founders of Samourai Wallet were arrested by the U.S. Department of Justice (DOJ) amid ongoing tensions in the Middle East and post-halving volatility. Samourai Wallet cryptocurrency CEO Keonne Rodriguez and Chief Techno...

Published at: 2024-04-25

The BlackRock iShares Bitcoin Trust (IBIT) has recorded its first day of $0 inflows since launching bitcoin ETFs in the United States in January. Since its launch on January 11, IBIT has consistently attracted investments worth millions of dollars per day, reaching nearly $15.5 billion in just...

Published at: 2024-04-25

Meta (META) shares fell 15% in after-hours trading after the company's weak second-quarter revenue outlook and plans to "aggressively" increase spending on artificial intelligence this year - while its Metaverse division is expected to continue making losses.The tech giant's chief financial officer,...

Published at: 2024-04-25

Electric car maker Tesla and its CEO Elon Musk unveiled new details on Tuesday about a long-awaited autonomous passenger transportation service, allowing passengers to summon supposedly autonomous vehicles via an Uber-like service. During the company's first-quarter earnings presentation on Apr...

Published at: 2024-04-24

BlackRock's money market fund has been tokenized on the Hedera blockchain, sending Hedera up 96% in the past 24 hours, but the world's largest asset manager had nothing to do with the switch to the chain, although many thought so.A widely misinterpreted April 23 post by HBAR Foundation X - the organ...

Published at: 2024-04-24

Cosmos developers have fixed a "critical" security bug in the inter-block communication (IBC) protocol that put at least $126 million at risk, according to a blockchain security firm that privately alerted Cosmos to the problem."We privately disclosed the vulnerability as part of the Cosmos HackerOn...

Published at: 2024-04-24

Cryptocurrency stocks in the United States saw gains on Monday in tandem with a broader market recovery just days after Bitcoin was listed halving - with some double-digit percentage gains.The country's five largest Bitcoin miners listed by market capitalization, Marathon Digital (MARA), CleanSpark...

Published at: 2024-04-23

The Canadian province of Manitoba has extended a moratorium on new applications to government agency Manitoba Hydro to provide electric service to cryptocurrency operations. British Columbia (BC) had a similar service suspension and chose a different, but also restrictive, path forward.Manitoba's ex...

Published at: 2024-04-23

Two lawyers for the U.S. Securities and Exchange Commission (SEC) have reportedly resigned after a district court sanctioned the agency for "gross abuse" of power and acting in "bad faith" in a cryptocurrency case.  According to an April 22 Bloomberg report, Michael Welsh and Joseph Watkins, t...

Published at: 2024-04-23

Blockchain-based gambling project, ZKasino, is being sharply criticized by X for moving $33 million worth of investor and user funds to the Lido staking protocol - an abrupt change from its original plan to return the funds.In an April 20 blog post, ZKasino announced that its network had been launch...

Published at: 2024-04-22

Several Swiss Bitcoin users are renewing their attempts to persuade the Swiss National Bank to keep Bitcoin (BTC) in its reserves by holding a referendum on changing the country's constitution - but first they will have to convince more than 100,000 residents to sign a petition.Adding Bitcoin to the...

Published at: 2024-04-22

The average fees paid for Bitcoin fell sharply just one day after reaching a record average of $128 on April 20 - the day of Bitcoin's fourth halving.According to mempool.space, since April 21, fees for Bitcoin (BTC) have fallen to an average of $8-10 for medium-priority transactions .Just the day b...

Published at: 2024-04-22

Meta CEO Mark Zuckerberg suggested that his company is making progress on the first "consumer neural interfaces," or non-invasive wearable devices that can interpret brain signals to control computers. "One of the things I'm very excited about - I think we're going to start making consumer neur...

Published at: 2024-04-19

Blockchain network Ethereum is on its way to $1 billion in annual profits after it achieved net income of $365 million in the first quarter, accompanying quarterly revenue growth of 155% year-on-year. According to an April 17 report by The DeFi Report analyst Michael Nadeau, the network's first-quar...

Published at: 2024-04-19

BTC holders added a record $1.7 billion worth of BTC to "accumulation" wallet addresses in a single day, as Bitcoin's price fell below $63,000 earlier this week. More than 27,700 BTC - worth $1.75 billion at current prices - were sent to accumulation addresses in a single 24-hour period between...

Published at: 2024-04-19

The five largest Bitcoin mining companies are not selling Bitcoin despite a 50% cut due to Bitcoin's impending halving.According to an April 10 Bitwise report, Bitcoin sales by the five largest mining companies fell to their lowest level in two years in the first quarter of 2024, when the five large...

Published at: 2024-04-18