Michigan pension fund discloses $6.6 million in Bitcoin ETFs
The State of Michigan Retirement System holds $6.6 million in 21Shares’ ARKB ETF. Michigan pension fund’s disclosure adds to growing number of US state pension funds buying spot Bitcoin ETFs.…
bitFlyer completes acquisition of FTX Japan
bitFlyer has acquired 100% of FTX Japan shares and will rebrand the platform by August 26, 2024. The Tokyo-based crypto exchange will also launch a new crypto custody business via…
Bitcoin ATM installations are approaching 2022’s record high, driven by recent surge in BTC price
Coin ATM Radar data shows that the global crypto ATMs market is on the cusp of surpassing the peak of 2022. The USA leads with over 32,000 installations, while Canada…
Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community apps
Hong Kong, Hong Kong, 25th July 2024, Chainwire The post Social Infrastructure OpenSocial Protocol receives $6 million strategic backing led by Framework Ventures and North Island Ventures to fuel community…
Jersey City mayor to invest pension fund in Bitcoin ETFs
Jersey City Mayor Steven Fulop plans to invest pension funds in Bitcoin ETFs. Fulop likens the investment to Wisconsin Pension Fund’s 2% crypto allocation. SEC-approved Bitcoin ETFs see minimal adoption…
Donald Trump raises $3 million in crypto in Q2 for his reelection campaign
Trump campaign raised $3M in crypto in Q2 2024, led by Winklevoss and Powell donations. Trump 47 Committee reported over $118M raised in crypto and fiat for Q2 2024. Kamala…
UK’s Coinbase subsidiary fined $4.5 Million for high-risk customer breaches
CB Payments Limited (CBPL) a subsidiary the Coinbase Group fined $4.5 million by FCA for onboarding high-risk customers. Breaches occurred despite a 2020 agreement to halt onboarding high-risk customers. This…
Revolut secures UK banking license
Crypto-friendly fintech platform Revolut has secured a banking license in the UK. The digital bank has 9 million UK customers and 45 million globally. After a three-year wait, crypto-friendly fintech…
What Is PHPC? The First Stablecoin Pegged to Philippine Peso
What Is PHPC? PHPC is a stablecoin pegged to the Philippine Peso that is issued by Coins.ph on Ronin Network, a Layer 1 blockchain developed by Sky Mavis. Key Takeaways PHPC…
Xapo Bank confirmed as title sponsor for Bitcoin 2024
BTC Inc, organizer of The Bitcoin Conference, has revealed that Xapo Bank has signed on as title sponsor for Bitcoin 2024. Xapo Bank is the only fully licensed bank that…