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“# Chilean Peso stablecoin goes live on Stellar Network ” A new stablecoin pegged to the value of the Chilean Peso is now live on the open-source Stellar payments network — but is yet to prove popular with users. Chile-based firm CLPX Inc launched what it describes as the first-ever Chilean Peso pegged stablecoin dubbed…
“# Approval incoming? Valkyrie becomes fourth firm to apply for BTC futures ETF ” Alternative financial services firm, Valkyrie Digital Assets, has become the latest company to file for a Bitcoin exchange-traded fund (ETF) offering indirect exposure to BTC via cash-settled futures contracts. According to a draft prospectus dated August 11, the Bitcoin futures contracts…
“# Poly Network hacker returns $258M, conducts AMA on how it went down ” The Poly Network hacker has now returned $258 million to the cross-chain DeFi protocol and conducted a question and answer session detailing how the initial hack went down. In what is being described as the largest DeFi hack to date, the…
“# Coinbase beats earnings estimates as analysts say regulation will ‘stifle’ innovation ” Coinbase Global (NASDAQ: COIN) rebounded during the early trading hours on Aug.11 after it beat Wall Street forecasts for sales and revenues in the second quarter. The cost to purchase one COIN share surged 4.7% to $282.34 at the New York opening…
“# Digital insurer Metromile follows through with $1M Bitcoin purchase ” San Francisco-based technology firm Metromile has used 10% of the funds it previously said would be allocated towards crypto to buy Bitcoin. According to an Aug. 10 filing from the U.S. Securities and Exchange Commission, or SEC, Metromile reported it had purchased $1 million…
“# The metaverse: Mark Zuckerberg’s Brave New World ” If Facebook happened to be a human being, where would he/she/they currently be? Most likely in prison… for a very long time. The company’s transgressions are too numerous to list. But Facebook is not human; it’s a company, and a very profitable one, at that. In…
“# $400B investment manager Neuberger Berman will allow crypto exposure through commodity-focused fund ” New York-based investment management firm Neuberger Berman has filed for a commodity-focused fund to be able to gain indirect exposure to crypto investments. In a filing with the Securities and Exchange Commission today, the investment firm said its Commodity Strategy Fund…
“# Titan launches actively managed crypto portfolio for US investors ” United States investment adviser Titan has officially launched its new cryptocurrency offering targeting U.S. investors, giving market participants additional avenues for accessing digital assets like Bitcoin (BTC) and Ether (ETH). The new product, dubbed Titan Crypto, seeks to invest in a concentrated basket of…
“# Measuring success: Offsetting crypto carbon emissions necessary for adoption? ” Debates regarding the amount of energy required to mine Bitcoin (BTC) have been ongoing. While tech pioneers such as Elon Musk have recently mentioned that the crypto industry is headed toward a greener future, some academic researchers have noted that mining BTC consumes more power…
“# Women from small cities contribute to 65% crypto sign ups in India ” India’s regulatory uncertainties have not affected the investor’s sentiment towards crypto as the latest data from crypto exchanges suggests a rising influx of users. Binance-owned Indian crypto exchange WazirX reported a 2,648% growth to date in user signups from smaller cities…