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“# Goldman Sachs’ crypto trading desk expands to Ether ” United States investment bank Goldman Sachs is planning to offer Ether (ETH) derivatives products in the coming months, setting the stage for wider adoption of the second-largest cryptocurrency and marking a significant departure from the institution’s critical stance on digital assets in the past. Mathew McDermott,…
“# Ridiculed no longer? US Space Force will launch NFT line ” The United States Space Force, a branch of the armed forces created under the previous administration of Donald Trump, is releasing a series of nonfungible tokens, or NFTs. In an announcement on Monday, the U.S. Space Force (USSF) said it had partnered with…
“# South Korea’s small crypto exchanges face increasing regulatory heat ” Authorities in South Korea are continuing to propose and enact measures aimed at maintaining strict oversight over the nation’s crypto exchange market. These come amid a significant uptick in cryptocurrency trading volume, especially for altcoins. In May, South Korea’s Financial Services Commission (FSC) announced…
“# China-based Rangers Protocol raises $63M via private equity round ” The newly rebranded Rangers Protocol has raised $63 million via private equity to expand its high-performance blockchain protocol, potentially signaling that Chinese blockchain enterprise is on the rise despite a blanket ban on cryptocurrency trading in the country. The Shanghai-based Rangers Protocol describes itself…
“# MicroStrategy could hold more than $4B in Bitcoin after latest private offering and crypto purchase ” Business intelligence company MicroStrategy has completed its $500 million offering of secured notes, and said it plans to use the proceeds to purchase Bitcoin. In a Monday announcement, MicroStrategy said it had sold $500 million worth of senior…
“# Block.one free to focus on $10B crypto business after lawsuit settlements ” EOSIO developer Block.one says it is focusing on its crypto business mandate after recently settling a class action lawsuit. In a blog post published on Friday, the blockchain software firm announced a settlement agreement with a group of investors led by the…
“# Coinbase is reportedly looking to set up office in New York ” The United States’ largest cryptocurrency exchange, Coinbase, is reportedly setting up its first office in New York. The Nasdaq-listed cryptocurrency exchange has allegedly subleased 30,000 square feet from Steven Cohen’s investment firm Point72 at Related Companies’ 55 Hudson Yards in New York,…
“# Remittance firms hesitant to support BTC despite legal tender law in El Salvador ” Despite El Salvador’s recently passed law mandating Bitcoin as legal tender, local remittance firms are reportedly hesitant to adopt BTC. Speaking to Reuters, Autonomous Research fintech analyst, Kenneth Suchoski, argued that remittance firms are unlikely to launch support for Bitcoin…
“# Canadian Bitcoin ETF adds to its holdings despite steep market correction ” Demand for Bitcoin (BTC) among Canadian investors has not wavered amid the latest price correction, offering further evidence that market participants are capitalizing on heavily discounted prices. The Purpose Bitcoin ETF, which launched in February, has now accumulated 19,692.149 BTC as of…
“#Thanks to advancements in online education, MBAs are surging” The MBA is not dead. In fact, its demand is seeing a resurgence, in part due to increasing accessibility thanks to an online format. For those already earning a decent salary and leading too-busy lives, taking the time out to complete a physical, two-year MBA program…