SEC has pushed investors into ‘toxic’ crypto products and FTX: Winklevoss

Gemini co-founder Cameron Winklevoss said the SEC’s refusal to approve a spot Bitcoin ETF has been a “complete and utter disaster for U.S. investors.“

SEC has pushed investors into ‘toxic’ crypto products and FTX: Winklevoss

For the last decade, the United States securities regulator has forced investors into “toxic” and “unregulated” crypto products, says Gemini co-founder Cameron Winkl...

1 year ago

Crypto investment products see largest weekly inflow since July 2022

CoinShares’ latest weekly inflow report shows a substantial increase in investor appetite for digital asset investment products, with Bitcoin leading the rally.

Crypto investment products see largest weekly inflow since July 2022

Totaling $199 million, inflows for the week of June 19–23 turned around a nine-week string of consecutive outflows, with Bitcoin BTC $30,369 representing the lion’s share a...

1 year ago

Amazon to invest $100M in generative AI center: Report

AWS is building a $100 million artificial intelligence center to keep up with increasing competition in cloud infrastructure services.

Amazon to invest $100M in generative AI center: Report

Amazon’s cloud unit, commonly known as AWS, is building a $100 million solution to catch up with Microsoft and Google in the market for generative artificial intelligence. Accord...

1 year ago

Blackrock’s spot Bitcoin ETF renews optimism, sparks wave of new filings

Investment managers WisdomTree and Invesco have filed for spot Bitcoin ETFs, hot on the heels of BlackRock.

Blackrock’s spot Bitcoin ETF renews optimism, sparks wave of new filings

New York-based asset management fund WisdomTree is the most recent investment firm to lodge a new filing for a spot Bitcoin ETF. According to a June 21 filing to the United S...

1 year ago

European Investment Bank taps blockchain for Climate Awareness Bond

The Swedish krona-based Climate Awareness Bond will be issued on a blockchain that incentivizes node operators to improve environmental footprint of infrastructure.

European Investment Bank taps blockchain for Climate Awareness Bond

The European Investment Bank (EIB) has issued a blockchain-based digitial bond powered by environmentally-incentivized node infrastructure. An announcement from the financial...

1 year ago

Former Coinbase CTO Warns of Crypto Seizures Orchestrated by Tech Giants and Governments

Recently, the G7 finance ministers release a joint statement emphasizing the importance of regulation of crypto assets.

Former Coinbase CTO Warns of Crypto Seizures Orchestrated by Tech Giants and Governments

The American businessman and investor emphasize how digital giants may assist the government in scanning devices to find and turn over private keys to law enforcement. According to Srinivasan, t...

1 year ago

Trezor CEO cites usability as top factor for hardware wallet: BTC Prague 2023

Trezor doesn’t plan to introduce any private key recovery tools, as it has provided all possible means to help users secure the seed phrase, CEO Matej Zak said.

Trezor CEO cites usability as top factor for hardware wallet: BTC Prague 2023

Amid the expanding trend toward self-custody, the CEO of hardware wallet manufacturer Trezor, Matej Zak, has highlighted the most relevant development vector for the company so fa...

1 year ago

Arthur Hayes Claims Removal of US Retail Investors From Crypto Capital Market is Misplaced

BitMEX co-founder pointed out the irrelevancy of US crypto traders and why the bull market baton will shift from the US to China.

Arthur Hayes Claims Removal of US Retail Investors From Crypto Capital Market is Misplaced

In a recent blog post, the former BitMEX CEO Arthur Hayes said retail investors selling crypto alongside US-domiciled institutions is not wise. He explained that it is completely irrel...

1 year ago

Sweat Economy DAO votes to repurpose $10M of idle tokens

The move-to-earn platform had 2 billion SWEAT tokens locked up in inactive user accounts that the community has voted to return to a governance contract.

Sweat Economy DAO votes to repurpose $10M of idle tokens

Move-to-earn platform Sweat Economy is set to repurpose over 2 billion native Sweatcoin tokens that were locked up in inactive user wallets. The tokens, valued at around $10 million, w...

1 year ago

Institutional crypto broker FPG halts withdrawals after $20M cyberattack

Floating Point Group informed customers that withdrawals had been halted after experiencing a security breach on June 11.

Institutional crypto broker FPG halts withdrawals after $20M cyberattack

Cryptocurrency brokerage firm Floating Point Group has confirmed it has halted trading, withdrawals and deposits on its platform after falling victim to a cyberattack on June 11. FPG estimates t...

1 year ago

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