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“# Institutional managers hold a record $57B worth of crypto, according to CoinShares ” Inflows into cryptocurrency investment products topped $57 billion last week, marking a new all-time high and underscoring the rapid adoption of digital assets underway among institutions. In its weekly inflows report, digital asset manager CoinShares, said net inflows into digital asset…
“# Crypto .com launching NFT platform with exclusive content from artists ” Cryptocurrency exchange Crypto .com will be launching a non-fungible token platform this Friday featuring content from major artists, athletes, and musicians. In an announcement today, Crypto .com said it would be introducing a non-fungible token, or NFT, platform with exclusive content from famous…
“# Crypto-collateralized loans may soon bring new investors to space ” Institutional investors will soon be able to receive Bitcoin-collateralized U.S. dollar loans through Silvergate Capital Corporation — the holding company of pro-crypto institution, Silvergate Bank. According to an announcement from Silvergate, Coinbase Custody will be the custodian for loans funded through the bank’s Silvergate…
“# Theta Network’s token enters top-10 cryptos by market capitalization ” THETA, the native token of the Theta Network — a decentralized blockchain-based video delivery network — has entered the top 10 cryptocurrencies by market capitalization. On March 23, THETA overtook Chainlink (LINK) as the 10th biggest cryptocurrency by market capitalization at nearly $11.5 billion,…
“# OKEx Korea crypto exchange to shut down as new reporting laws take effect ” The South Korean branch of global cryptocurrency exchange OKEx is shutting down operations next month, OKEx Korea officially announced Tuesday. Users will have to withdraw their Korean won and crypto holdings by April 7. After that date, the exchange “will…
“# Nifty News: Jack Dorsey sells genesis tweet for $2.9M, NFTs save wild pandas and more ” Jack Dorsey, the CEO of Twitter sold a tokenized representation of his first-ever tweet for more than $2.9 million on Monday. The tweet was published on March 21, 2006, and reads: just setting up my twttr — jack…
“# U.S. miner Blockcap plans to have 40,000 ASICs operational by Q4 ” Blockcap, one of the largest Bitcoin mining firms in North America, has added more than 12,000 additional Bitmain Antminer S19s to its inventory. The firm is now expecting to have deployed more than 40,000 Bitcoin miners by the fourth quarter, and projects…
“# 100,000 investors deluge Casper Labs’ token sale, with most expected to miss out ” That’s about 10X more hopefuls than are likely to secure tokens in the sale. It’s the first of three phases to Casper’s token sale and commenced on March 23 at midnight UTC. Investors are competing for 800 million CSPR tokens…
“# Time magazine seeks CFO comfortable with Bitcoin and crypto ” A new job posting from Time magazine shows the 98-year-old publication is looking for a chief financial officer familiar with blockchain and cryptocurrencies. According to the job details listed on LinkedIn, Time is seeking a chief financial officer with more than seven years of…
“# XRP Army gets ‘RelistXRP’ trending, demands exchanges comply ” Members of the XRP Army — supporters of the XRP token — have started an online movement to pressure crypto exchanges to relist the digital asset amid Ripple facing a lawsuit from the U.S. Securities and Exchange Commission, or SEC. According to Twitter user MackAttackXRP,…