39% of Canada’s institutional investors have exposure to crypto: KPMG

KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto.

39% of Canada’s institutional investors have exposure to crypto: KPMG

Canada-based institutional investors significantly increased their crypto exposure last year compared to the last bull run, a survey from accounting firm KPMG has revealed. Nearly 40% ...

4 months ago

Banks could flood into stablecoins if new bill passes: S&P Global

The Lummis-GillibrandPayment Stablecoin Act introduced to the Senate could see big banks encouraged to take steps into the stablecoin market, says S&P Global Ratings.

Banks could flood into stablecoins if new bill passes: S&P Global

A new stablecoin-focused bill introduced to the United States Senate could “encourage” U.S. banks to step into the stablecoin market, says global ratings firm S&P Global Ratings....

4 months ago

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

California-based venture capital firm Pantera Capital has reportedly won another bid for discounted SOL tokens from a collapsed exchange.

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

Pantera Capital, a Menlo Park-headquartered crypto venture capital firm, has won another pack of discounted Solana’s SOL tokens in an auction organized by the administrators mana...

4 months ago

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

California-based venture capital firm Pantera Capital has reportedly won another bid for discounted SOL tokens from a collapsed exchange.

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

Pantera Capital, a Menlo Park-headquartered crypto venture capital firm, has won another pack of discounted Solana’s SOL tokens in an auction organized by the administrators mana...

4 months ago

DCG Boosts Legal Arsenal with First Chief Hire During New York AG Dispute

Legal Challenges Prompt DCG’s Hire

DCG Boosts Legal Arsenal with First Chief Hire During New York AG Dispute

Digital Currency Group (DCG), parent firm of bankrupt crypto lender Genesis, has brought on its first-ever chief legal officer as it faces a lawsuit from New York’s Attorney General. ...

4 months ago

Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’

The Block — then Square — CEO initially suggested the idea of a collaborative approach to decentralize Bitcoin mining in October 2021.

Jack Dorsey’s Block announces development of ‘full Bitcoin mining system’

Payments firm Block, formerly known as Square, has announced plans to develop a Bitcoin mining system in response to challenges faced by mining operators. In an April 23 blog post, Blo...

4 months ago

Binance founder should be jailed for 36 months, US prosecutors say

Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.

Binance founder should be jailed for 36 months, US prosecutors say

As the United States authorities are preparing to give a sentence to Binance founder Changpeng “CZ” Zhao on April 30, prosecutors have requested jail time for the former CEO. 

4 months ago

EU enacts crypto regulations to combat money laundering

The new legislation would impact crypto-asset service providers, like centralized crypto exchanges under MiCA.

EU enacts crypto regulations to combat money laundering

The European Parliament approved new regulations that establish formal due diligence obligations for cryptocurrency companies with the goal of combating money laundering. The new ...

4 months ago

BlackRock’s Bitcoin ETF daily inflow hits $0 for the first time

BlackRock’s Bitcoin ETF inflow streak ended on April 24 after IBIT recorded no inflows for the day, according to data from Farside.

BlackRock’s Bitcoin ETF daily inflow hits $0 for the first time

BlackRock iShares Bitcoin Trust (IBIT) has notched its first day of $0 in inflows since Bitcoin  exchange-traded funds (ETFs) were introduced in the United States in January. ...

4 months ago

NFT lending volume reaches quarterly high with $2.1B in Q1, data shows

The NFT lending market hit a record $2.13 billion in Q1, up 43.6% quarter-over-quarter, with five of six top platforms seeing increased volumes.

NFT lending volume reaches quarterly high with $2.1B in Q1, data shows

The lending market of non-fungible tokens (NFTs) has witnessed its leaders solidifying their positions, with the total NFT lending volume surging to a quarterly high of $2.13 billion i...

4 months ago

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