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Net outflows for Hong Kong’s crypto ETFs reached a record $39 million on Monday with bleeding felt across all six funds.

Hong Kong Bitcoin, Ether ETFs wipe 2 weeks of inflow in a single day

Hong Kong’s Bitcoin and Ether exchange-traded funds (ETFs) posted the largest-ever net outflow on Monday, May 13 — wiping all gains they’ve made since launching under...

4 months ago

Following the return of Keith Gill — also known as “Roaring Kitty” — traders are keeping their eyes peeled for the next big stock or crypto rally — but analysts aren’t so sure.

GameStop sparked the 2021 memecoin bull run — Will history repeat itself?

The sudden and unexpected return of Keith Gill — the man widely credited with kicking off the 2021 GameStop short squeeze — has speculators asking one question: Are we in for GameSto...

4 months ago

The expansion comes 12 months after the firm announced its intention to expand down under.

Crypto exchange OKX launches local regulated entity in Australia

Crypto exchange OKX is moving its Australian-focused services under a locally regulated entity as part of its expansion efforts through the Asia-Pacific region. “I think Australi...

4 months ago

The SoftBank-owned research and development firm Arm said it will develop its own artificial intelligence chips as its owner reports profits after shifting focus to AI.

SoftBank subsidiary to develop semiconductor chips, reports profits after AI shift

SoftBank-owned processor designer Arm has announced plans to develop its own in-house artificial intelligence (AI) chips on the back of AI-related profits. On May 13 a report ...

4 months ago

The bank reported holding $143,111 worth of shares of the ProShares Bitcoin Strategy ETF, Grayscale Bitcoin Trust and Bitcoin Depot.

Wells Fargo reports exposure to Grayscale and ProShares Bitcoin ETFs

Major United States-based financial services firm Wells Fargo has disclosed investments in Bitcoin exchange-traded funds offered by Grayscale and ProShares. In a May 10...

4 months ago

The game is currently available in early access on the Epic Games Store.

OKX Ventures invests in Web3 ‘play ARPG to train AI’ game Blade of God X

Crypto and Web3 investment fund OKX Ventures recently invested in the Void Labs action role-playing game Blade of God X, an early access title with a purported “play to train” featur...

4 months ago

Brad Garlinghouse said he views Tether as an important part of the ecosystem and that its fate will be an “interesting one to watch.”

It’s ‘clear’ the US government is going after Tether — Ripple CEO

Ripple CEO Brad Garlinghouse says it is “clear” that the United States government is “going after” stablecoin issuer Tether — which could have an unpredictable impa...

4 months ago

The U.S. House of Representatives has voted to overturn controversial SEC guidance blocking banks from custodying crypto assets.

House votes to nullify SEC’s anti-crypto banking guidance SAB 121

The United States House of Representatives has voted to pass a bill overturning controversial Securities and Exchange Commission (SEC) guidance preventing banks from owning crypto. ...

4 months ago

Exodus hits regulatory roadblock despite previous approval as “numerous employees and their families” arrive in New York City to face disappointment.

Exodus CEO frustrated as SEC delays listing amid celebrations

Exodus is facing a delay in its New York Stock Exchange American (NYSE) listing pending the completion of the United States Securities and Exchange Commission’s (SEC) review of i...

4 months ago

Despite strong demand for crypto-savvy workers, there exists a shortage of highly-experienced employees.

Blockchain education initiatives take off amid crypto bull market

Amid an industry boom, crypto education initiatives are quickly gaining traction. On May 7, organizers of the Women in Tech Global Summit 2024 announced that they would...

4 months ago