Europe’s fourth largest hedge fund discloses $500m in spot Bitcoin ETFs
Capula Management, Europe’s fourth largest hedge fund, has disclosed it holds nearly $500 million in spot Bitcoin ETFs. The spot ETF market continues to see increased demand despite Bitcoin’s price…
Polymarket in focus as CFTC is pushed to ban gambling on US elections
Polymarket’s popularity raises fears of corruption and undue election influence. Lawmakers urge CFTC to ban election betting, citing democracy trust concerns. Senators stress elections shouldn’t be influenced by wealthy individuals’…
Solana plummets to near $110 amid $1 billion crypto liquidation
Solana has plunged more than 20% to trade near $110 as crypto traders see more than $1 billion in trading positions wiped out in the past 24 hours. SOL dipped…
Bitcoin tumbles, tests $49,000, amid major crypto selloff
Bitcoin briefly tests $49k before rebounding to $51k amid a $270 billion crypto market selloff. Concerns over the US recession and Japan’s rate hike trigger market turmoil. FBI warns of…
Orchestration: The Crypto UX You’ve Been Waiting For
One of the most persistent Web3 challenges is creating user experiences that are as seamless and enjoyable as the Web2 applications we use daily, like Netflix or Facebook or Lyft.…
Morgan Stanley allows advisors to offer Bitcoin ETFs to clients
Morgan Stanley has become the first major Wall Street bank to allow its financial advisors to offer Bitcoin exchange-traded funds to its clients. Over 15,000 of the bank’s financial advisors…
Bitcoin network difficulty reaches record high amid price volatility
Bitcoin’s network difficulty hits a record high of 90.67 trillion as of August 2, 2024. Bitcoin’s hash rate reached a record 677 EH/s on July 27th, boosting network security. Bitcoin’s…
Genesis Trading prepares to return $3B to customers, transfers 32,256 BTC
Genesis transferred $2.12B in BTC and $838M in ETH as part of bankruptcy restructuring. Genesis will return $3B to creditors, covering 77% of customer claims. Digital Currency Group will not…
Hong Kong’s largest online broker Futu Securities launches Bitcoin and Ethereum trading
Futu Securities launches Bitcoin and Ethereum trading in Hong Kong with zero fees. New users can receive incentives like Bitcoin or shares of Alibaba and Nvidia. Futu seeks a crypto…
Top Microsoft Engineer Predicts Blockchain Vertical Upscale: Which Industries Might Lead the Charge?
Chris Li predicts blockchain will shift from horizontal to vertical scaling soon. Vertical scaling could enhance efficiency in online casinos and improve user experience. Advanced solutions like atomic swaps may…