UK treasury secretary unveils new law to strengthen digital asset industry

The UK government has announced the implementation of the Digital Securities Sandbox, a significant initiative aimed at integrating digital assets into the nation’s financial market infrastructure.

UK treasury secretary unveils new law to strengthen digital asset industry

The UK government, under Chancellor Jeremy Hunt’s autumn statement, announced plans to implement the Digital Securities Sandbox (DSS), showing how financial markets operate and i...

9 months ago

Binance outflows reach $1.2b in past 7 days

Following the $4.3 billion fine by the U.S. Department of Justice (DoJ), Binance’s outflow has surpassed the $1 billion mark over the past week.

Binance outflows reach $1.2b in past 7 days

According to data provided by DeFi Llama, Binance witnessed a negative net outflow of $1.2 billion in the past seven days. This comes while the largest crypto exchange saw a $462 million outflow...

9 months ago

Bittrex Global to Halt All Trading in December as it Winds Down Operations

Bittrex Global has announced to wind down most exchange operations and trading activities in the coming weeks.

Bittrex Global to Halt All Trading in December as it Winds Down Operations

Effective December 4 at 6:00 p.m. UTC, Bittrex Global will disable all trading activity on its exchange and terminate client relationships. Following this date, users will only be able...

9 months ago

Fund Manager WisdomTree Reportedly Refiles Spot Bitcoin ETF to SEC

Asset manager WisdomTree is attempting to resubmit a spot Bitcoin (BTC) exchange-traded fund (ETF) despite previous rejections.

Fund Manager WisdomTree Reportedly Refiles Spot Bitcoin ETF to SEC

The company filed an amendment with the US Securities and Exchange Commission (SEC), according to Bloomberg ETF analyst James Seyffart. “This just means WisdomTree is still plann...

10 months ago

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

The fund snapped up COIN at an average price of $70.5 in the third quarter, achieving a 40% profit from investment.

South Korea's Pension Fund Bought $20M Coinbase Shares in Q3, Made 40% Profit: Report

South Korean pension fund, National Pension Service (NPS), bought nearly $20 million worth of Coinbase (COIN) shares in the third quarter, local outlet News1 reported, citing the NPS&r...

10 months ago

SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing

Franklin Templeton also has an outstanding bitcoin ETF application with a Nov. 17 decision deadline.

SEC Delays Decision on HashDex Bitcoin Spot ETF Application, Grayscale Ether Futures Filing

The U.S. Securities and Exchange Commission (SEC) is delaying a decision on an application by Hashdex to convert its existing bitcoin futures exchange-traded fund (ETF) into a spot veh...

10 months ago

NFT sales volume upward trend to continue, industry execs say

CoinW executive Sonia Shaw told Cointelegraph that the recent uptick in NFT sales shows a "broader and more profound interest” extending beyond art.

NFT sales volume upward trend to continue, industry execs say

In the weeks leading to November, nonfungible token (NFT) data showed a consistent upward leap in weekly sales. While the volume is still far from its peak in 2021, executives in the i...

10 months ago

Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas

Fnality International, a company specializing in tokenized cash solutions on blockchain, has secured a substantial investment of $95.2 million, according to Bloomberg.

Fnality Receives $95 Million Investment Led by Goldman Sachs, BNP Paribas

The funding round was spearheaded by prominent financial institutions Goldman Sachs and BNP Paribas. Fnality’s Growth Journey Since 2019 Established in...

10 months ago

Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market

Internal planning continues

Bithumb Plans IPO In Korea, Eyes Top Spot in Local Market

Cryptocurrency exchange, Bithumb is keen on becoming the first industry-related company to get listed on the Korean Securities Dealers Automated Quotations (KOSDAQ). According to ...

10 months ago

Polygon Village launches $90 million fund for ecosystem development

Polygon Labs is launching Polygon Village 2.0 — aiming to boost ecosystem development with a $90 million fund.

Polygon Village launches $90 million fund for ecosystem development

Polygon developer Polygon Labs has relaunched its Polygon Village initiative, offering a new grant program of more than 110 million MATIC — currently worth around $91.3 million — to ...

10 months ago

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