Month: June 2022
Samsung Asset Management to launch blockchain ETF in Hong Kong
Samsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022.
Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC
A founding member of Ethereum has claimed that Bitcoin uses nearly 1% of the world’s electricity, but different sources put it substantially lower.
Bear market: Some crypto firms cut jobs while others aim for sustainable growth
While crypto companies have been faced with major layoffs, things are nowhere as bad as the tech industry or other traditional sectors.
Circle to acquire Web3 platform Cybavo, bolstering its stablecoin adoption
Circle and CYBAVO intend to further promote the adoption of USD Coin and Web3 applications while integrating technology deeply into their core product suite.
Bloomberg Terminal supersizes its crypto coverage: 40 more coins
Bloomberg Terminal has increased its coverage to 50 crypto assets to give its institutional investor client base better data about movements within the market.
Price analysis 6/10: BTC, ETH, BNB, ADA, XRP, SOL, DOGE, DOT, AVAX, SHIB
BTC and altcoins are on the verge of falling below critical support levels, and June 10’s higher-than-expected CPI report isn’t helping.
Do Kwon’s alleged $80 million withdrawals before Terra fallout triggers mixed reactions
Analyst Michaël van de Poppe said that the Terra founder deserves jail, comparing Kwon to fraudster Bernie Madoff, who was jailed after running a Ponzi […]
New York state releases guidance for issuing dollar-backed stablecoins
The NY State Department of Financial Services, notorious for its strictness, claims to be the first regulator in the country to impose requirements of the […]
Information, AML/CFT steps are key to fighting international digital crime, DOJ report says
The Justice Department report, mandated by the president’s executive order on digital asset development, recommends more efforts along the lines already being pursued.